COMMERCE, MI--(Marketwire - November 12, 2009) - iTeknik Holding Corporation (
"We decided to completely overhaul our distribution system," stated Mike West, General Manager of Send Global Corporation. "We eliminated a level of agents by promoting sub-agents to master agents. In addition, we increased commissions to both our master agents and to our retail outlets. The overall results have been very successful. Communication throughout our system has improved. We have expanded training and new sales aids for our retailers and new sales have increased as a result."
"Reorganizing our retail distribution network is the first of many initiatives we plan to expand sales," stated Jeffrey Lauzon, President of iTeknik Holding Corporation. "Our strategy is to increase our marketing efforts at the retail and consumer segments where we clearly have an advantage over our competitors."
Send Global Corporation has more than 3000 dealers, primarily independent wireless cell phone retailers who sell the company's web-based international phone calling service.
About iTeknik Holding Corporation
iTeknik Holding Corporation's (ITKH) strategy is to grow by acquiring companies with unique products, technology and solid growth potential (www.iteknik.com). Send Global Corporation is a wholly owned subsidiary of ITKH. Send Global and its predecessor companies have offered cutting edge retail and wholesale telecommunications products and services for more than thirteen years. Through VoIP, data, a proprietary ANI gateway solution and traditional communications platforms, Send Global provides high quality, value priced international calls from the convenience of a mobile phone. For more information please visit our website www.sendglobal.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