iTokk Inc. (OTCBB: IKTO) announced today it signed a Letter of Intent (LOI) with Gray Rider Real Estate Company of New York to represent and distribute iTokk's CallAgentNow™ Click-to-Call service throughout their network of distributors, agents and listing services in New York state and worldwide. Grey Riders' international websites receive well over 3 million hits a month. CallAgentNow™ will provide new lead generation tools, as well as, a new revenue stream for Grey Rider's already busy and profitable sites.

According to the Letter of Intent, the iTokk Click-to-Call service will be seamlessly integrated within the Gray Rider Real Estate Company's websites and portals. The Gray Rider Real Estate Company is a full service Real Estate and Business Brokerage company providing local and international real estate services to buyers, sellers, real estate agents and developers. The owner of the company, John Wallace, is one of only 1,600 "Certified International Property Specialists" in the world and the company strives to provide the highest possible level of service and professionalism to their clients.

Gray Rider's network of websites: www.grayrider-international.com, www.worldrealtynews.com, www.worldrealtysearch.com, www.worldpropertiesforsale.com, www.globalrealtyforsale.com, www.international-realestateforsale.com, www.international-hotelsforsale.com (for hotels and hotel development sites) www.oceanfront-realestateforsale.com (for oceanfront properties) and www.top-invest.com.

"The Gray Rider Real Estate Company looks forward to offering the iTokk Click-to-Call technology to our customers and professional real estate agent partners around the world," said John Wallace, owner of Gray Rider. "It will not only provide website visitors the opportunity to make free telephone calls to listings agents, but it will also increase the potential for those sales agents to convert website visitors into buyers or sellers because of their quick response."

"iTokk's Click-to-Call for realtors at www.callagentnow.com is a tailored version of iTokk Click-to-Call designed specifically for the Real Estate Industry," said Clint Singh, Channel Manager at iTokk Inc. "We are excited to include Gray Rider Real Estate of New York as our first of many distributors that we will be marketing through the US and Canada. This significant partnership will demonstrate the potential of CallAgentNow™ throughout the real estate industry."

About Gray Rider Real Estate

The Gray Rider Real Estate Company is a full service Real Estate and Business Brokerage company providing local and international real estate services to buyers, sellers, real estate agents and developers.

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 industry's most explosive growth of innovation and in IP telephony. The world's 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: 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: The Gray Rider Real Estate Co. John Wallace, CIPS, TRC +1-518-392-7062 +1-877-875-5704 (FAX) International: www.GrayRider-International.com or www.WorldRealtyNews.com, Local: www.GrayRider.com iTokk, Inc. - Investor Relations Kevin Penstock CEO kpenstock@itokk.com iTokk Click-to-Call information Clint Singh Channel Manager csingh@itokk.com www.itokk.com

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