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iTeknik Holding Corporation Reduces Network Operating Costs by 49%
iTeknik Holding Corporation Reduces Network Operating Costs by 49%.
About this update from Iteknik Holding Corporation
[{"type":"text","content":"iTeknik Holding Corporation Reduces Network Operating Costs by 49% COMMERCE, MI- June 2, 2010 (MARKET WIRE)-iTeknik Holding Corporation (Other OTC:ITKH), a leader in the telecommunications industry, said today that moving its Network Operations Center last December has resulted in a savings of 49% in network operating costs. “We had set a benchmark of six months to measure the impact of moving our Network Operations Center,” stated Scott Pitcher, Technical Director of Send Global Corporation. “Our calculations show that the move has resulted in a permanent reduction of 49% in the monthly costs of our Network Operations Center.” “Last week we reported increased revenue, gross profit and net income in our nine month financial report,” stated Jeffrey Lauzon, President of iTeknik Holding Corporation. “Moving our Network Operations Center was a big part of our positive financial results and just one of the many on-going steps we are implementing to enhance our financial performance.” The financials for the nine months of FY 2010, through the period ending March 31, 20010, can be viewed at: http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=32453 About iTeknik Holding Corporation iTeknik Holding Corporation 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.greatminutes.com and www.indiaminutes.com. iTeknik Holding Corporation was founded in 2007 and is based in Commerce, Michigan. Through its subsidiaries, iTeknik has more than 13 years of history in the telecommunications industry. For more information please visit website www.iteknik.com and 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...