ITNS Quarterly Report Delayed Due to New CPA Transition


IRVINE, CA--(Marketwire - Oct 16, 2011) - Itonis, Inc. (PINKSHEETS: ITNS) today announced that the filing of the Company's quarterly report ending August 31, 2011 has been delayed due to the recently announced change and workload transition to their new accounting firm, Berg & Company, LLP.

"We wanted to alert our shareholders not to be alarmed as a result of the delay incurred in filing our 3Q quarterly report. The filing delay is only attributed to the workload transition time needed for Berg & Company, LLP to become familiar with company processes and accounting documentation. Itonis remains in good standing and all activities are moving forward according to plan. Additionally, we have started our company audit, which has also contributed to CPA workload and transition time. Our future looks promising, stay tuned, good things are happening for shareholders," said Donald L. Jolly, CFO / Treasurer.

About Itonis, Inc.

Itonis, Inc. was incorporated on July 5, 2005 originally under the name of Kenshou, Inc., and it now operates as a holding company and is undergoing a transformation in 2011 to embark upon an aggressive plan to acquire high growth entrepreneurial companies that have established or are expected to establish themselves as leaders and/or successful enterprises in various market niches.

Notice Regarding Forward-Looking Statements
Statements in this press release that are not historical facts are forward-looking statements, including statements regarding future revenues and sales projections, plans for future financing, the ability to meet operational milestones, marketing arrangements and plans, and shipments to and regulatory approvals in international markets. Such statements reflect management's current views, are based on certain assumptions and involve risks and uncertainties. Actual results, events, or performance may differ materially from the above forward-looking statements due to a number of important factors, and will be dependent upon a variety of factors, including, but not limited to, our ability to obtain additional financing that will allow us to continue our current and future operations and whether demand for our products and services in domestic and international markets will continue to expand. The Company undertakes no obligation to publicly update these forward-looking statements to reflect events or circumstances that occur after the date hereof or to reflect any change in the Company's expectations with regard to these forward-looking statements or the occurrence of unanticipated events.

Contact Information:

Itonis, Inc.