IKTO iTokk Inc (CE)

iTokk, Inc. (OTCBB: IKTO) today announced that it has signed a definitive Master Reseller License Agreement with Mayfair Club A.E. of Athens Greece to begin distribution of the iTokk products and services in Greece. The two organizations have negotiated the final terms and conditions of a Master Reseller License Agreement that gives Mayfair access to iTokk's IP services platform in exchange for an agreed revenue share and local pricing models. Mr. Christos, President of Mayfair Club S.A. will lead its mission to provide immediate and high quality iTokk services to their customers.

Mayfair Club has been providing marketing, distribution and call-centre solutions for over 1,800 businesses in Greece since 1985. The Mayfair Club's distribution network consists of over 1.2 million customers that have purchased at least one time and over 250,000 current and repeat customers.

According to the Agreement, Mayfair Club will begin by bundling their existing portfolio of solutions along with iTokk Click-to-Call and iTokk-Mobile. They have extensive experience integrating, distributing and bundling services supplied by Telcos, including Vodafone Greece, Wind telecom & ISP, Vivodi Telecommunications, Cosmote, On Telecoms and Tellas. A prime example for the potential of this partnership with iTokk is evident in Mayfair's recent success with the internet service provider Forthnet. Mayfair secured over 3,000 residential contracts in January alone for Forthnet, an ideal channel for iTokk services.

"It is expected that there will be a high demand throughout the Mayfair Club's network for iTokk's value-added communication products." said Mr. Kevin Penstock, CEO of iTokk Inc. "We will continue to roll-out new and innovative solutions and prove our ability to work with partners around the globe such as Mayfair."

About Mayfair Club A.E.

Mayfair Club A.E., is an international import and export company and provider of value services. The company participates financially as a shareholder and has invested in more than 12 related companies. As an international trade operator, we are responsible for dealing in and developing our overseas business markets. Mayfair club international import and export was established in 1984. Mayfair Club offices are located at Petrou Ralli 351 Nikaia-Athens in 4 floors building with total space of 1200 sq/m and can serve 200 calls at the same time per branch. Additional branches are in Kalithea-Athens, Dafni-Athens, two offices in Thesalloniki, two in Patra, and one in Heraklio

About iTokk

iTokk, Inc., the world's most innovative communications company, offers flexible, next-generation telephony solutions for consumers and businesses. iTokk's flagship product Npoints-Framework and developers 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 industries most explosive growth of innovation and in IP telephony. The worlds newest leading global IP telephony company is headquartered in Sunnyvale, California with offices in Canada, UK and India.

ADDITIONAL INFORMATION about iTokk, Inc. can be viewed on the Company's Web site: www.itokk.com Capitalization and filings can be viewed at: www. http://www.otcbb.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.

Contacts: iTokk, Inc. Mr. Kevin Penstock CEO 408-419-1719 kpenstock@itokk.com iTokk, Inc. Mr. John Karamitsos Director and VP Business Development 408-419-1719 iTokk, Inc. Business development information in Europe 011-30-693-664-0593 jkaramitsos@itokk.com www.itokk.com