iTeknik Holding Corporation Granted "Current Information" OTC Market Tier Status

* Reuters is not responsible for the content in this press release.

Thu Oct 23, 2008 9:21am EDT

  COMMERCE, MI, Oct 23 (MARKET WIRE) -- 
iTeknik Holding Corporation (PINKSHEETS: ITKH), a leader in the
telecommunications industry with two subsidiary companies, TeleCents
Communications, Inc. and Send Global Corporation, today announced that it
had been granted an uplifted status to "Current Information" on Pink
Sheets' OTC Market Tier.

    According to Pink Sheets, "Current Information" status is granted to
"reporting companies that submit filings to regulators with powers of
review and that make the filings publicly available or non-reporting
companies that make current information publicly available through the OTC
Disclosure and News Service pursuant to Pink OTC Markets' Guidelines for
Providing Adequate Current Information."

    "Our plan has been to build shareholder confidence in our company by
providing them with up-to-date information," stated Jeffrey Lauzon,
President of iTeknik Holding Corporation. "We believe that this uplifted
status on the OTC Market will help to get more attention from the
investment community."

    The Company's disclosure document can be viewed at:
http://www.pinksheets.com/otciq/ajax/showFinancialReportById.pdf?id=17532

    Recently, iTeknik posted its FY 2008 annual financials on Pink Sheets.com.


--  Sales for FY 2008 were $14,958,847 compared to $11,312,516 in FY 2007.
--  Net income for the fiscal year was $277,336 compared to $25,082 in FY
    2007
--  EBITDA for the fiscal year was $355,589 up more than 112% from FY 2007
    

    
About iTeknik Holding Corporation

    iTeknik Holding Corporation's (ITKH) strategy is to grow by acquiring
companies with unique products, technology and solid growth potential.
TeleCents Communications, Inc. (www.telecents.com), a licensed 214
telecommunications carrier, and Send Global Corporation
(www.sendglobal.com) are wholly owned subsidiaries of ITKH. Together they
have been offering cutting edge retail and wholesale telecommunications
products and services for more than thirteen years including International
and Domestic gateway services through Tier-1 carriers. Through VoIP, data,
and traditional communications platforms, iTeknik provides custom calling
solutions and a proprietary ANI gateway solution. Send Global provides
high quality, value priced international calls from the convenience of a
mobile phone. For more information please visit our website
www.iteknik.com.

    Safe Harbor: This letter contains certain forward-looking statements
within the meaning of Section 27A of the Securities Act of 1933, as
amended and Section 21E of the Securities Exchange Act of 1934, as
amended, which are intended to be covered by the safe harbors created
thereby. Investors are cautioned that all forward-looking statements
involve risks and uncertainty, including without limitation, the ability
of the Company to successfully implement its turnaround strategy, changes
in costs of raw materials, labor, and employee benefits, as well as
general market conditions, competition and pricing. Although the Company
believes that the assumptions underlying the forward-looking statements
contained herein are reasonable, any of the assumptions could be
inaccurate, and therefore, there can be no assurance that the
forward-looking statements included in this letter will prove to be
accurate. In light of the significant uncertainties inherent in the
forward-looking statements included herein, the inclusion of such
information should not be regarded as representation by the Company or
any other person that the objectives and plans of the Company will be
achieved. In assessing forward-looking statements included herein,
readers are urged to carefully read those statements. When used in the
Annual Report on Form 10-K, the words "estimate," "anticipate," "expect,"
"believe," and similar expressions are intended to be forward-looking
statements.

    

Contact:
Investor Relations

888-333-1486
Ext. 112

http://www.iTeknik.com

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