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iTeknik Holding Corporation Signs Reciprocative Contract With Pipeline Telecom, Inc.
(Marketwire Via Acquire Media NewsEdge) COMMERCE, MI, August 28 / MARKET WIRE/ --
iTeknik Holding Corporation (PINKSHEETS: ITKH)
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:
Investor Relations
888-333-1486
Ext. 112http://www.iTeknik.com
Copyright ? 2008 Marketwire
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