iTokk, Inc. Issues Corporate Update

SUNNYVALE, CALIFORNIA, Nov 02 (MARKET WIRE) --
Kevin Penstock, CEO of ITOKK, Inc. (OTCBB: IKTO), is pleased to update
its shareholders and the investment community on the recent developments
of the company and our business plans going forward into 2010. Itokk,
Inc. today announced that the company is introducing a new capital
structure. The new ticker symbol will be (OTCBB: IKTO). The changes are
effective as of October 28, 2009 and reflect the value proposition
providing an innovative new telephony platform to a global communications
market.

The company is unveiling three years of lab research and development with
the introduction of an innovative new platform for carriers, mobile
operators and service providers delivering a brand new approach to
creating, innovating and deploying new telephony services and new
business models for serving the enormous global telephony market.

The company has formally released the Npoints-Framework(TM); an open
platform API and fully hosted service (a cloud computing approach) that
allows for the fastest integration and deployment of new telephony
services to existing business services. With iTokk's Npoints-Framework,
the platform offers service providers an easy, scalable and reliable way
to provide more products and services to existing customers, without
needing to make big and risky upfront investments. Service providers can
grow revenue, expand service offerings, and add value to their business.

"Service providers recognize that R&D and innovation is not their strong
suit," says Kevin Penstock, CEO of ITOKK, Inc., "and are quickly aligning
with 3rd party developers, especially with developer partners that will
enable them to leverage their networks to bring a steady stream of
service innovation to market and keep their value proposition fresh and
strong for subscribers. Service providers are not hanging their hopes on
a "killer app" to save them. Instead, they seek solutions developed upon
the Npoints-Framework that can scale across their customer base, deliver
value-add on their networks, and help them grow their business."

The Npoints-platform currently has a suite of ready to deliver services
and will be assisting partners to deploy three iTokk products and
services that will help consumers and business subscribers increase
online sales by bringing voice to a website with Click to Call buttons,
increase sales by bringing voice to emails with Click to Call signatures
and provide low-cost International calls on a mobile phone with a free
downloadable (App).

ITokkMobile(TM) is a simple free software download for mobile phones that
routes calls through the iTokk network and bypasses the wireless
providers outrageous charges. It's a free piece of software offered by
iTokk that saves customers up to 90% on long distance charges by
redirecting the calls through the cheapest possible routing.
ITokkMobile(TM) is simple to download, prepaid, there are no monthly
fees, no call setup charges, PIN routines and no hidden fees. The
customer can save up to 90% on International calls.

ITokkClick-to-Call(TM) Buttons are a simple and effective alternative to
posting your telephone or 1-800 numbers online. Web visitors simply click
a button image or text link, enter their phone number and Itokk INSTANTLY
connects them to you. No downloads or headsets required. Just your
regular landline or mobile phone which you will need to receive the
incoming calls. "Creating simple solutions and getting back to the basics
are how itokk is partnering with business," said Kevin Penstock, CEO of
Itokk. "When a call is free and only one click away, it has a positive
impact for a business because there are fewer barriers to connect to
customers. That can result in more qualified leads, more engagement, and
a higher rate of conversion for a business."

With the announcement of the acquisition, Itokk is launching in North
America and Europe with strategic resellers in Canada and Italy. "Itokk
anticipates a major social awareness and viral growth with iTokk Mobile
in Canada; a country that is among the highest paying customers for
wireless services listed in the developed countries," says Angelo Soukas,
President of ITOKK, Inc. "We are particularly interested in Italy where
Italy has the highest penetration rate for mobile subscribers with 151
subscribers per 100 inhabitants. Further more, Itokk is taking an
aggressive step into global expansion by opening European operation
headquarters in London, England," says Mr. Soukas. "We are very excited
with the opening of iTokk's European headquarters, as London is the
gateway to Europe. The purpose for our European headquarters is to
rapidly assign re-sellers and affiliates across Europe, providing local
technical and marketing support for both business and end users."

Recent industry analysts such as In-Stat projects that by 2013 Mobile
VoIP applications will generate annual revenues of $32.2 billion, driven
by over 278 million registered users worldwide. Europe is currently the
largest Mobile VoIP market, but by 2013 Asia Pacific is expected to be
the largest regional market.

Quick Facts:

- Management and board possess proven track record in technology industry

- Core domain knowledge in VoIP and telecom with established R&D
development life cycle

- R&D is completed and commercial services launched

- The company is transforming into a sales and marketing organization

- Global Exposure and large market opportunity exists

- Margins are healthy, competitive and realistic

- Many pioneer customers are in place

- The company fulfills a "need" in the market place - not just a "nice to
have"

- Recent reseller agreements in place

- Europe marketing strategy under way

- New executive team and board of directors

- Continued offshore development strategy in India

- New product development to keep pipeline of new products and services

About ITOKK

ITOKK, Inc., the world's most innovative communications company, offers
flexible, next-generation telephony solutions for consumers and
businesses. ITOKK's flagship product Npoints-Framework and developers
platform make it simpler, cheaper and faster to build communications
functionality into applications, enabling carriers and networks to
introduce new revenue-generating voice services in days, rather than
months. By combining the Itokk platform and innovative products with
carriers across the globe, Itokk has the potential to deliver the
industries most explosive growth of innovation and in IP telephony. The
worlds newest leading global IP telephony company is headquartered in
Sunnyvale, California with offices in Canada, UK and India.

ADDITIONAL INFORMATION about Itokk, Inc. can be viewed on the Company's
Web site: www.itokk.com Capitalization and filings can be viewed at:
www.otcbb.com.

SAFE HARBOR

Forward-looking statements made in this release are made pursuant to the
"safe harbor" provision of the Private Securities Litigation Reform Act
of 1995. Forward-looking statements made by Itokk, Inc. are not a
guarantee of future performance. This news release includes
forward-looking statements, including with respect to the future level of
business for the parties. These statements are necessarily subject to
risk and uncertainty. Actual results could differ materially from those
projected in these forward-looking statements as a result of certain risk
factors that could cause results to differ materially from estimated
results. Management cautions that all statements as to future results of
operations are necessarily subject to risks, uncertainties and events
that may be beyond the control of Itokk, Inc. and no assurance can be
given that such results will be achieved. Potential risks and
uncertainties include, but are not limited to, the ability to procure,
properly price, retain and successfully complete projects, and changes in
products and competition. SOURCE ITOKK, Inc.

Contacts:
Itokk, Inc. - Investor Relations
Angelo Soukas
President
asoukas@itokk.com
www.itokk.com

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