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Actively Participating in the Telephony and Pre-Paid Calling Card Industries

PhoenixSoft’s Cirrus Softswitch Brings 50,000 New Accounts to TeleCents Communications

Phoenix, Arizona…July 17, 2008...PhoenixSoft, Inc., a pioneering provider of next-generation communications platforms for converged networks, announced today that TeleCents Communications is experiencing increased voice traffic after integrating PhoenixSoft switching technology. TeleCents, a subsidiary of iTeknik Holding Corporation (Pink Sheets: ITKH), upgraded its network with PhoenixSoft’s Cirrus Softswitch in April 2008.

Since then, TeleCents has added 50,000 new accounts to its telecommunications business from its customer, Pragati, Inc. Pragati, Inc. is a telecommunications company that uses TeleCents's systems for outgoing calls to India. TeleCents expects Pragati to move more accounts to its new switching system in the future.

“Because the new Cirrus Softswitch is far more cost effective and faster, we expect to add many more new accounts," said Jeff Lauzon, CEO of TeleCents Communications, Inc. “We have
worked very hard to develop our infrastructure in a way that would enable us to obtain significant new business and enhance our bottom line," Lauzon added.

“This significant increase in traffic for TeleCents represents just one of the many benefits of, and another success story for, our Cirrus Softswitch,” said Paul Amick, PhoenixSoft’s co-founder. “We’ve seen the Cirrus Softswitch have tremendous impact on numerous telecom operations and, like with TeleCents, deliver a quick return on investment.”

The Cirrus Softswitch works with TeleCents’ existing gateway and provides greater carrier interconnectivity on a global basis. It allows network service providers to maximize revenue by adding numerous enhanced features and IP applications. Some of these applications include prepaid and post paid Class 4 and Class 5 features, broadband calling card services, PIN-less dialing, Retail Web Portals, Web-based administration, comprehensive reporting, real-time billing and CDR access, and voice mail.

About TeleCents Communications and 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. 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 11 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.

About PhoenixSoft

Since 1985, PhoenixSoft has developed a long and distinguished track record within the telecommunications industry as an innovative provider of telephony solutions for converged networks.  The company provides robust switching, enhanced features and innovative IP applications through its Cirrus Softswitch.  In addition, PhoenixSoft offers integrated Billing and Retail Web Portal solutions.  PhoenixSoft’s customized real-time multimedia telephony platforms deliver carrier-grade voice quality, reliability and scalability for service providers, carriers and business enterprises.  The company has deployed its advanced switching solutions throughout North America, South America, Europe, Asia, the Middle East and Australia.  For more information, visit http://www.phoenixsoft.com.

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Contact:

Paul Amick

602-791-7345

925-373-9100

pamick@phoenixsoft.com

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Statements in this press release other than statements of historical fact, including statements regarding the company's plans, beliefs, and estimates as to projected market size are "forward-looking statements.'' Such statements are subject to certain risks and uncertainties and actual results could differ materially from expected results. These forward-looking statements represent the company's judgment as of the date of this release. The company disclaims, however, any intent or obligation to update these forward-looking statements.