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Wednesday, 05/03/2006 11:15:38 PM

Wednesday, May 03, 2006 11:15:38 PM

Post# of 141
News on iKarma




iKarma, Inc. (OTC: IKMA)



Say Hello to iKarma.com



JUPITER, FLORIDA--May 3, 2006 -- iKarma Selects PhoneConfirm.com for Enhanced Identity Verification. iKarma Inc. (OTC: IKMA), has selected identity verification services from Across Communications Inc., to integrate with iKarma.com. As a leading provider of reputation management services, iKarma will benefit by adding an additional layer of identity verification to its online service.

Consumers have shown that they're willing to pay premium prices to do business with reputable service providers. What every business needs to capture this business is a trusted and credible way to showcase their good reputation. With this additional layer of identity verification, iKarma offers a real solution for any business no matter how large or small.

"We selected the PhoneConfirm.com solution from Across Communications after a nine month search", says Paul Williams, iKarma's CEO. "We found that credit based identity solutions required too much personal disclosure, and anonymous key based solutions weren't practical for our service industry user base. PhoneConfirm.com provides a quick and easy solution that works in over 200 countries, so it fits well with our plans for international expansion."

This service will provide iKarma with an automated, real-time, 24x7, global link a verified phone number during the sign-up process for each new iKarma profile or review. This optimizes the ability of iKarma to stop multiple accounts, spam-related reviews, repeat sign-ups and fake or harassing profiles. "We expect that PhoneConfirm.com will also enable iKarma to decrease legal, social and system costs while increasing online security, credibility and trust", says Scott Pitchford, President of iKarma.

"Because PhoneConfirm.com requires a simple correct response to an automated phone call, this service is far less intrusive than asking for credit-card information, but less easily faked than an anonymous email or street address", said Vadim Mazo, CEO, of PhoneConfirm.com. "It is not easy to constantly create new phone numbers that can be instantaneously verified during each profile sign-up. PhoneConfirm.com enables the verification of phone numbers that can then be tracked and "flagged" when associated with fraud, predatory behavior, scammers or spammers."

About iKarma, Inc.

iKarma Inc. is a public company that trades on the Pink Sheets under the symbol IKMA. Based in Jupiter, Florida, iKarma Inc. specializes in providing reputation and customer feedback systems for businesses and professionals. iKarma's mission is to help create prosperity and commerce by bringing greater trust and openness to business transactions. iKarma is a proud member of WOMMA, The Word of Mouth Marketing Association.

About PhoneConfirm.com

PhoneConfirm.com is a wholly owned service of Across Communications, Inc. and is one of a suite of leading communication services that enable trusted commerce and communications with confidence. Other Across Communications Inc services include Email to Phone service and AcrossAlert.com. Across Communications platform was developed by Dana Consulting Inc, which also provides network monitoring, website monitoring and web server performance software for corporations worldwide.

Forward-Looking Statements

This release contains forward-looking statements within the meaning of the Securities Exchange Act of 1934, including the Company's expectations or beliefs concerning, among other things, future operating results and various components thereof. The Company cautions that such matters necessarily involve significant risks and uncertainties that could cause actual operating results and liquidity needs to differ materially from such statements, including, without limitation: (i) increased competition, (ii) changes in the demand for e-commerce and internet based businesses and (iii) changes in general economic conditions. Investors are advised to seek professional advice and conduct a complete due diligence regarding this, or any other company being considered for investment purposes. Investing in securities, particularly in issues priced at less than $1 per share, involves substantial risk and may result in a partial or complete loss of investment capital. Press releases issued by the company should not be interpreted as an offer to sell or a solicitation to buy company stock.



Contact:

iKarma Inc.
1203 Town Center Drive, Suite 212
Jupiter, Florida 33458
(561) 427-7285
(561) 427-7881 (FAX)
http://www.iKarma.com




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