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iTalk: to Launch Medical Marijuana M2M Enterprise Solution

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FT. LAUDERDALE, Fla., April 16, 2014 (GLOBE NEWSWIRE) -- iTalk Inc. (STUTTGART:2IT) (OTCQB:TALK) ("iTalk" or the "Company"), a global provider of advanced communications and mobile broadband services, announced today that it has launched the first in a series of Internet technology products that target the medical marijuana dispensary industry. The need for ultra secure Internet connectivity to the cloud for vending machines, credit card processing is critical for creating a secure operational environment for this industry.

iTalk's innovative secure mobile connectivity solution "CloudTalk" mitigates consumer risks associated with mobile computing, m-commerce and smart OS-enabled devices. The company is focused on the growing m-commerce market, launching its innovative M2M suite of biometric solutions that secure consumers' mobile platforms, stated David F. Levy iTalk CEO.

For a preview of our revolutionary product cut and paste below link into your Internet browser: http://tinyurl.com/mvr4ahd

Rob Thorell, President at iTalk added "By adding Biometric sensors, connectivity and networking technologies to the products they sell and the equipment they employ, companies are finding new ways to gather powerful insights and make better use of the data. We want our customers to benefit from state-of-the-art functionalities to deploy, scale, and operate their devices and their connections. M2M also allows for simplified and improved processes, and this brings us a step forward in capitalizing on existing assets to drive market leadership in the M2M marketplace."

Our next generation product releases will include biometrics, machine virtualization and ultra secure storage and access solutions. Next Generation Biometric Market is estimated to be worth $23.54 Billion by 2020.

About iTalk

iTalk, Inc. (OTCQB:TALK) is a publicly traded global provider of advanced communications and mobile broadband services. The Company utilizes innovative and disruptive technologies, including Voice-over-IP (VoIP), nationwide 3G/4G mobile broadband networks, smartphones, and mobile applications ("apps") to offer consumers the highest-quality low-cost no-contract alternatives to voice, data, and mobile services from major national carriers. Through our access to an extensive network, iTalk is able to offer nationwide voice and data coverage to 280 million people in more than 12,900 cities. For further information, visit www.italkmobility.com

About: M2M

Internet of Everything: A $4.6 Trillion Public-Sector Opportunity More Relevant, Valuable Connections Will Boost Productivity, Revenue, and Citizen Experience, While Cutting Costs

The Internet of Everything — the networked connection of people, process, data, and things — is opening up new opportunities (and risks) that public-sector leaders need to consider from multiple perspectives: policy leadership, services provision, and regulation.

Cisco's analysis indicates that IoE is poised to generate $4.6 trillion in Value at Stake for the public sector over the next decade (compared with $14.4 trillion for the private sector over the same period).

The $4.6 trillion in public sector Value at Stake will result from IoE's ability to help public-sector organizations manage assets, optimize performance, and create new business models.

Disclaimer/Safe Harbor: Statements about the Company's future expectations and all other statements in this press release other than historical facts, are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The Company intends that such forward-looking statements be subject to the safe harbors created thereby. The above information contains information relating to the Company that is based on the beliefs of the Company and/or its management as well as assumptions made by and information currently available to the Company or its management. When used in this document, the words "anticipate," "estimate," "expect," "intend," "plans," "projects," and similar expressions, as they relate to the Company or its management, are intended to identify forward-looking statements. Such statements reflect the current view of the Company regarding future events and are subject to certain risks, uncertainties and assumptions, including the risks and uncertainties noted. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove to be incorrect, actual results may vary materially from those described herein as anticipated, believed, estimated, expected, intended or projected. In each instance, forward-looking information should be considered in light of the accompanying meaningful cautionary statements herein. Factors that could cause results to differ include, but are not limited to, successful performance of internal plans, the impact of competitive services and pricing and general economic.

CONTACT: David F. Levy marketing@italkmobility.com

Source:iTalk, Inc