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                                                                    EXHIBIT 99.1

        ITALK INC. SIGNS LETTER OF INTENT TO ACQUIRE TELECOMMUNICATIONS
                             GROUP COMPANY ITG, INC.

Ft. Lauderdale, Florida, May 10, 2013 - iTalk Inc. (OTCQB: TALK) (OTCBB: TALK)
("iTalk" or the "Company"), a global provider of advanced communications and
mobile broadband services, is pleased to announce that it has signed a Letter of
Intent to acquire the assets and business of ITG, Inc., an established
17-year-old international telecommunications company.

"The proposed ITG transaction is another prime example of a targeted acquisition
of a complimentary business that would allow iTalk to immediately expand its
product offerings, customer base, and backend process capabilities," commented
David F. Levy, Chief Executive Officer of iTalk Inc. "During the last 10 years,
over $10 million has been invested in the proprietary ITG platform, and once
acquired, we hope to leverage ITG's current annual revenue base of over $1.2
million with their 20,000 current customers and over 1,000,000 prior customers
to grow the ITG business and expand distribution of the growing list of
complimentary iTalk products."

This potential acquisition remains subject to, among other things, iTalk Inc.
and ITG, Inc. completing customary pre-closing due diligence and entering into a
Definitive Agreement. The Definitive Agreement is expected to be signed by all
parties on or before the end of May 24th, 2013. There can be no assurance that
any transaction will be completed as proposed or at all.

ABOUT ITG, INC.

Established in 1996, ITG Inc. is a Texas based international telecommunications
group focused on direct to consumer subscriber voice and data services.

ABOUT ITALK

At iTalk, we are a mobile communications company using innovative and disruptive
technologies to offer consumers a high quality cellular alternative while
severely undercutting all major national carriers. Our lead product is the iTalk
Sleeve, which when combined with an iPod Touch, our iTalk mobile app, and our
aggressive pricing plans, provides consumers with a No Contract, High Voice
Quality, and Lowest Price in the industry alternative to traditional cellular
coverage. We will continue to search out and develop innovate products and
services that will reduce consumers monthly voice and data charges while
providing them with additional functionality. Through our access to an extensive
network, we are able to offer nationwide voice and data coverage to 280 million
people in more than 12,900 cities.

For further information regarding iTalk Inc., contact:

iTalk Inc. - Investor Relations Dept.
(888) 663-9925 (Toll-free)
E-mail: investor@italkmobility.com
Website: www.italkmobility.com

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