iTeknik Holding Corporation Adds SIM Cards for Domestic Cell Phones to Its Retail Product Line
21 Agosto 2012 - 6:21PM
Marketwired
iTeknik Holding Corporation (PINKSHEETS: ITKH), a leader in the
telecommunications industry through its Send Global subsidiary,
today announced that it has signed an agreement to sell Subscriber
Identity Modules (SIM) provided by ISO 1, a subsidiary of United
Leasing Group, Inc., based in Boca Raton, Florida. SIM cards are
portable memory chips used mostly in cell phones that operate on
the Global System for Mobile Communications (GSM) network.
Fredrick W. Wicks, Chairman and CEO of iTeknik Holding
Corporation, stated, "Over the past few months we have completely
rebuilt our EZposa system in order to accommodate not only virtual
products like our SendGlobal international calling service, but
also physical products like SIM cards. We are looking at a number
of other hardware products to offer to our independent wireless
store partners."
David Bernstein, CEO of ISO 1, stated, "Prepaid wireless phone
service or what I like to call 'No Annual Contract' service is
exploding. We have created great loyalty with our products and
commission plans for independent wireless retail stores. Our goal
is to create the same loyalty within SendGlobal's outstanding
retail network. Once SIM cards have been launched we want to
explore other product offerings with SendGlobal."
iTeknik Holding Corporation (PINKSHEETS: ITKH) is classified as
"Current Information" and trades on the OTC Pink tier of the OTC
Market. For quotes and market information on the company, visit
http://www.otcmarkets.com/stock/ITKH/company-info.
About iTeknik Holding Corporation iTeknik Holding Corporation
was formed to develop and launch new technology and products in the
global communications market. Through its Send Global subsidiary,
iTeknik provides wholesale and retail telecommunications services,
and products worldwide. Its services include voice over Internet
protocol origination and termination; A-Z routing and switching;
wholesale carrier routing services; reseller billing and reporting;
Web-based reseller solutions; prepaid calling card solutions;
international cellular calling; and retail point of sale solutions.
The company serves B2B carriers, telecom resellers, retail outlets
and consumers direct through websites such as www.MyMobile011.com,
www.GreatMinutes.com, www.AloBilady.com, www.IndiaMinutes.com and
www.MexicoMinutes.com. iTeknik Holding Corporation was founded in
2007 and is based in Commerce, Michigan. Through its subsidiaries,
iTeknik has more than 16 years of history in the telecommunications
industry. For more information please visit website www.iteknik.com
and www.sendglobal.com.
Safe Harbor: This document 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,
the words "estimate," "anticipate," "expect," "believe," and
similar expressions are intended to be forward-looking
statements.
Contact: Investor Relations iTeknik Holding Corporation
888-333-1486
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