ITeknik Holding Corporation Discusses a Possible Business Relationship Involving PostalCorp

iTeknik Holding Corporation today announced that it has entered into discussions with PostalCorp, Inc. to explore a possible exclusive business relationship involving PostalCorp's unequalled in-store mailing system and iTeknik's subsidiary, Send Global's access to independent retailers across the country. PostalCorp has designed proprietary software that allows consumers to ship packages from their local retailers 24/7 using the USPS flat rate Priority and Express shipping services.

Fredrick Wicks, Chairman and CEO of iTeknik, stated, "Postal Corp's very unequalled in-store mailing system will make it easy for consumers to prepare and mail packages during they are shopping at their local retailers. We can bring Send Global's independent retail network as a launching pad for PostalCorp's mailing service. This collaboration is very timely with the recent announcements by the USPS regarding the closure of up to 2000 Post Offices in 2011. This opportunity as well fits our long-term strategy to leverage our access to independent stores with additional retail products and services."