Press ReleaseSource: iTeknik Holding Corporation

iTeknik Holding Corporation Signs Reciprocative Contract With Pipeline Telecom, Inc.
Thursday August 28, 2008 9:42 am ET

Contract Could Reduce iTeknik's Costs on Certain Routes by 6 Percent

COMMERCE, MI--(MARKET WIRE)--Aug 28, 2008 -- iTeknik Holding Corporation (Other OTC:ITKH.PK - News) subsidiary, TeleCents Communications, Inc., announced today that it has signed a contract with Pipeline Telecom, Inc. to use Pipeline's least cost routing network for certain international calls. In turn, Pipeline Telecom, headquartered in Indialantic, Florida, will use TeleCents' Tier-1 carrier connections to terminate a portion of its traffic.

"This is yet another example of our successful strategy to increase revenue and decrease our carrier costs," stated Jeffrey Lauzon, CEO of TeleCents Communications, Inc. This contract enables us to reduce certain traffic costs by as much as 6 percent. Once again, our recent investment in new VoIP hardware and software is helping us improve the performance of our company and increase profits."

About Pipeline Communications

Pipeline Telecom, Inc., operating from the Space Coast of Florida since 2003, is a licensed 214 carrier offering international voice termination over direct circuit interconnections to some of the most sought after PTTs and licensed carriers in the world. Pipeline's carrier class switch network, pro-active networking monitoring tools and veteran technical team ensure the highest level of quality and support services in the telecom industry. For more information please visit our website www.PipelineTelecom.com.

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) 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:
     Contact:
     Investor Relations
     888-333-1486
     Ext. 112
     http://www.iTeknik.com
      

Source: iTeknik Holding Corporation


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