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Microcap & Penny Stocks : Kanakaris Communications, Inc. - KKRS
KKRS 18.05-0.8%Oct 31 9:30 AM EDT

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To: DanielleC who wrote (11)12/1/1999 9:59:00 AM
From: LORD ERNIE   of 21
 
eConnect to Test Internet Cash Charity Donations with Kanakaris

LOS ANGELES--(BUSINESS WIRE)--Dec. 1, 1999--eConnect (OTCBB:ECNC) and Kanakaris (OTCBB:KKRS) are projecting a first test of cash donations for Internet Charity webcasting will begin within 45 days.

The methodology to be used will be the system of ATM card with PIN payment to sent with a device which can be plugged into a computer keyboard. A recent CNN.com November 18th report refers to this business model.

"The first usage will be a live Internet Charity event whereby the donations can be sent in as actual cash payments rather than by pledges or by credit cards, which will be a fundamental shift for the Charity Industry," stated the joint announcement by eConnect and Kanakaris.

SAFE HARBOR:

Certain statements in this news release contain forward- looking information within the meaning of Section 27A of the US Securities Act of 1933 and Section 21E of the Securities and Exchange Act of 1934,and as contemplated under the Private Securities Litigation Reform Act of 1995, and are subject to the safe harbor created by those sections. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward- looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.

CONTACT: eConnect
Carnegie Cooke, 800/262-2331
Anita Goldberg, 800/262-2331 (Investor Relations)
or
Prima Capital (for ET&T)
Elias Argyropoulos, 800/600-8599
Kanakaris: kkrs.net
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