iTeknik Holding Corporation Announces that Nissani
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WEST PALM BEACH, FL -- (Marketwired) -- 05/02/17 -- iTeknik Holding Corporation (OTC PINK: ITKH) announced today that after an extensive agency review, Nissani Brothers Automotive Group, in Southern California, has named iTeknik's subsidiary, Big Rhino Corporation, as their Agency of Record (AOR).
Nissani Brothers recently acquired 12.5 acres in Playa Vista and plans to build eight or more dealerships on the land. The initial phase will be the redevelopment of an existing 128,340 square-building fronting on Mesmer Avenue into the site's Automotive Center. The Nissani Brothers recently disclosed to the LA Times that they plan to open six Dealerships at this site, and expects the project to generate over $700 million in annual sales once completed.
Big Rhino was chosen as the AOR for the new Nissani Brothers Acura, Chrysler Dodge Jeep Ram, Hyundai, Genesis, Nissan and Chevrolet.
The AOR between Nissani Brothers Automotive and Big Rhino calls for the agency to provide a full pallet of marketing services including television and radio creative, media placement, digital strategy and placement, among others.
Kyle Eng, Big Rhino's President said, "We are excited to begin working with the team at Nissani Brothers Automotive Group to establish them as the preeminent car buying location in Southern California. Starting this month, Big Rhino will deliver a full arsenal of digital and traditional marketing tactics to drive customers to the new Nissani Brothers Auto Mall."
Fred Wicks, iTeknik's Chairman and CEO said, "Gaining a new client with the stature of the Nissani Brothers is a major accomplishment. This success and as well as other new accounts that Kyle and his team are landing further demonstrates the viability of our business plan."
iTeknik Holding Corporation (OTC PINK: ITKH) trades on the OTC Pink tier of the OTC Market. For quotes and market information on the company, visit http://www.otcmarkets.com/stock/ITKH/company-info.
About iTeknik Holding Corporation:
iTeknik Holding Corporation's strategy (OTC PINK: ITKH) is to acquire fundamentally sound companies that are market accepted, scalable and demonstrate a quantifiable value proposition. Our focus is in companies that have strong market presence, brand awareness and talented and dedicated management teams with the potential to achieve exceptional performance over time in the Marketing, Advertising and Digital Media space. iTeknik lends its operational support, management approach and financial resources to these companies to achieve improvements in both revenue and earnings growth and positioning in the marketplace. iTeknik Holdings currently operates one wholly owned subsidiary; Big Rhino Corp.
About Big Rhino Corporation:
Big Rhino Corporation is a wholly owned subsidiary of iTeknik Holding Corporation and is a full-service advertising and digital media agency. Big Rhino excels in providing on-strategy, fast, precise and creative marketing solutions that get our clients BIG results. We maintain a nimble in-house creative team with a unique talent for delivering the highest quality creative that we believe is faster than anyone else. When combined with our completely integrated digital, interactive and media teams, our clients have access to a strategic and responsive advertising machine. For more information check us out at www.bigrhino.agency
About Nissani Brothers Automotive Group:
The Nissani Brothers Automotive Group currently represents 9 major brands and has built a solid reputation for superior customer service. At our Dealerships, we work hard to get our customers into the vehicle they have always wanted. That new car is waiting for them, and we work with a vast array of lending sources to make sure our customers will get the most complete and comprehensive financial package available. OEM parts are an important part of maintaining their vehicle's optimum performance. At our Dealerships, we offer the same high quality parts their vehicle was built with, and we keep a large inventory of genuine parts in stock. Our Dealerships' service departments strive for 100% customer satisfaction. From general maintenance such as oil changes to major repairs, we offer one of the most comprehensive parts and service departments in the automotive industry. At our Dealerships, we strive to make buying or leasing a new or used vehicle a pleasant and rewarding experience for our customers.
Safe Harbor: This document contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that all forward-looking statements involve risks and uncertainty, including without limitation, the ability of the Company to successfully implement its turnaround strategy, changes in costs of raw materials, labor, and employee benefits, as well as general market conditions, competition and pricing. Although the Company believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any of the assumptions could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included in this letter will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion of such information should not be regarded as representation by the Company or any other person that the objectives and plans of the Company will be achieved. In assessing forward-looking statements included herein, readers are urged to carefully read those statements. When used in the Annual Report on Form 10-K, the words "estimate," "anticipate," "expect," "believe," and similar expressions are intended to be forward-looking statements.
Contact:
Investor Relations
iTeknik Holding Corporation
Ten Associates, LLC
Tom Nelson
480-326-8577
Source: iTeknik Holding Corporation