CALGARY, Alberta, July 27, 2005 (PRIMEZONE) -- TransAKT Corp ("TransAKT" or the "Company") (OTCBB:TKTJF) announces today that the Company has launched its new online electronics sales website: www.shoptransakt.com for sales of goods across Canada. The online sales site will generate revenue for TransAKT on its way to reaching its revenue targets for the year and will also be used to generate greater awareness of the Company. The Company plans to launch a similar online sales site in the United States in the near future.
In other news the Company is also pleased to report that trials have begun with the well known household furnishings Company as mentioned in our last update to Shareholders. The Company is confident that the trials will be successful and that it will see its point-of-sale (POS) mobile payment terminals rolled out to the entire nationwide chain in the United States over the upcoming months.
In addition, as per the Company's last press release, the free version of the Company's soft phone can be downloaded at www.transaktcorp.com/softphone_lite/softphone_lite.rar. To open the file users will need to first download a free version of WinRar which can be found at http://www.rarlab.com/download.htm
Dan Pomerleau, TransAKT's President commented, "We are continuing to make strides forward in achieving the goals we have laid out in our plans for this year. We continue to remain confident that we will successfully meet all of our targets. Currently, the online shopping market place has become the choice for consumers on a global basis. The consumer has become more sophisticated and is spending more time on the internet shopping for certain items."
About TransAKT(tm) Corp. (www.transaktcorp.com)
TransAKT Corporation is a global provider of mobile payment and Voice over Internet Protocol ("VoIP") solutions . TransAKT(tm) Corp. is trading on U.S. OTC:BB exchange under the symbol "TKTJF". For more information please visit www.transaktcorp.com and www.transaktusa.com.
This release contains "forward looking statements" as per Section 21E of the US Securities and Exchange Act of 1934, as amended. Although the Company believes that the expectations reflected in such forward looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Management is currently reviewing many options and there is no assurance that they will not make decisions other than those now contemplated. The Company is subject to operational risks identified in documents filed with the Securities and Exchange Commission.