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Itokk Inc
ITOKK, INC. ANNOUNCES THE APPOINTMENT OF ITS FIRST CHEIF FINANICAL OFFICER
Business
Feb 15 2011
3 min read

ITOKK, INC. ANNOUNCES THE APPOINTMENT OF ITS FIRST CHEIF FINANICAL OFFICER

ITOKK, INC.

Suite 200 – 375 Water Street

Vancouver, BC V6B5C6

Telephone: 408-419-1719

 

News Release

 

February 14, 2011                                                                                                               Trading Symbol: IKTO

 

ITOKK, INC. ANNOUNCES THE APPOINTMENT OF ITS FIRST CHEIF FINANICAL OFFICER 


VANCOUVER CANADA, Feb 14, 2011 (PINK: IKTO), Itokk, Inc. today announced that Mr. Rick Hewson, has been appointed to the position of Chief Financial Officer of ITOKK, effective immediately. Mr. Hewson will report directly to Kevin Penstock, ITOKK’s Chief Executive Officer.

 

“On behalf of ITOKK’s Board, I would like to welcome Mr. Hewson as our new and first CFO of ITOKK, INC,” said Mr. Penstock. “We are privileged to have an experienced financial executive like Mr. Hewson join as part of our team while we begin to build a new management team and formalize new financial strategies and operational planning. Mr. Hewson’ s broad range of financial, operational, strategic and accounting experience as a CMA makes him an excellent addition to the Company. We are confident that he will be an asset as we execute new business strategies of seeking new capital and to preserve capital, maximize value on its assets and assess available options for maximizing returns to shareholders."

Mr. Hewson most recently served and continues in several Senior Financial roles from 1986 to 2011, including Chief Financial Officer, Chief Operating Officer, Director of Finance and Controller in Canada, United States, Africa and South America for small to large capital publicly traded and privately held companies with revenues between $10 million and $600 million annually.

About ITOKK

ITOKK, Inc., an innovative communications company, offers flexible, next-generation telephony solutions for consumers and businesses. ITOKK's flagship product Npoints-Framework and developer’s platform make it simpler, cheaper and faster to build communications functionality into applications, enabling carriers and networks to introduce new revenue-generating voice services in days, rather than months. By combining the Itokk platform and innovative products with carriers across the globe, Itokk has the potential to deliver the industry’s most explosive growth of innovation and in IP telephony. The world’s newest leading global IP Telephony Company is headquartered in Vancouver, Canada.

ADDITIONAL INFORMATION about Itokk, Inc. can be viewed on the Company's Web site:
www.itokk.com

SAFE HARBOR
Forward-looking statements made in this release are made pursuant to the "safe harbor" provision of the Private Securities Litigation Reform Act of 1995. Forward-looking statements made by Itokk, Inc. are not a guarantee of future performance. This news release includes forward-looking statements, including with respect to the future level of business for the parties. These statements are necessarily subject to risk and uncertainty. Actual results could differ materially from those projected in these forward-looking statements as a result of certain risk factors that could cause results to differ materially from estimated results. Management cautions that all statements as to future results of operations are necessarily subject to risks, uncertainties and events that may be beyond the control of Itokk, Inc. and no assurance can be given that such results will be achieved. Potential risks and uncertainties include, but are not limited to, the ability to procure, properly price, retain and successfully complete
projects, and changes in products and competition. SOURCE ITOKK, Inc.

Contact Information
Kevin Penstock, CEO;
kpenstock@itokk.com, Website:
http://www.itokk.com/