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Microcap & Penny Stocks : The NEW KANAKARIS: KKRS, The 'MOVIE_SITE?'
KKRS 17.75-0.4%Nov 4 3:55 PM EST

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To: LORD ERNIE who wrote (39)8/11/1999 12:55:00 PM
From: LORD ERNIE  Read Replies (1) of 173
 
NEWS

KANAKARIS COMMUNICATIONS INC (OTC BB: KKRS)
Quote, Profile, History, News, Chart, Zacks, MarketGuide, StockTalk
News August 11, 08:27 Eastern Time

KKRS.Net Web Portal Opens Today With Kanakaris Offering Electronic Over-the-Internet Delivery Of Movies And Books
NEW YORK, Aug 11, 1999 (BUSINESS WIRE via COMTEX) --

Online Full-Length Movies Of The Week And Books With Type That
Resizes On The Screen Are Part Of Clickable Kanakaris Content and
eCommerce
Kanakaris Communications, Inc. (OTC BB: KKRS) announced that is opening today the KKRS.Net web portal making it one of the world's first companies to offer Internet users one-click access to full-length movies andbooks.

Today, for no charge, worldwide Internet viewers can sample Kanakaris content and technology (technology currently unique on the Internet for books) by watching on-demand movies or viewing books which include Shakespeare and the complete works of Charles Dickens as well as original proprietary titles.

The Kanakaris book content features many interactive and user-friendly attributes, including the ability to change pages without scrolling, re-size type, or search by word or phrase. Both the books and movies are accessible to anyone with Internet access, even at 28.8 modem speeds.

Kanakaris has embarked on an ambitious content acquisition program. They have secured electronic distribution rights to over 2,000 book titles (and will be adding these books to the web sites on a regular basis). George Atkinson, founding father of home video and winner of several home video awards, is director of movie acquisition for Kanakaris, and has already helped to provide the Company with online delivery access to hundreds of titles of many genres. The Company has been previewing new film titles on a weekly basis.

About Kanakaris Communications
Kanakaris Communications Inc. is an emerging-growth Internet company. The Company delivered the first full-length motion picture with no download time in December, 1995 (in conjunction with Xing technology).Kanakaris is publicly ttraded on the OTC Bulletin Board and in Germany. For more information on Kanakaris (www.kanakaris.com) contact Colby Marceau, 714-444-0560, 3303 Harbor Blvd. #F-3, Costa Mesa, CA 92626.

This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act"). In particular, when used in the preceding discussion, the words "plan," "confident that, "believe," "expect," "intend to" and similar conditional expressions are intended to identify forward-looking statements within the meaning of the Act and are subject to the safe harbor created by the Act. Such statements are subject to certain risks and uncertainties, and actual results could differ materially from those expressed in any forward-looking statements. Such risks and uncertainties include, but are not limited to, market conditions, competitive factors, the ability to successfully complete additional financings, and other risks.

Copyright (C) 1999 Business Wire. All rights reserved.
-0-
CONTACT: Kanakaris Communications, Inc.
Colby Marceau, 714/444-0560
www.kanakaris.com

WEB PAGE: businesswire.com

GEOGRAPHY: NEW YORK

INDUSTRY CODE: COMPUTERS/ELECTRONICS
COMED
INTERACTIVE/MULTIMEDIA/INTERNET
ENTERTAINMENT
EDUCATION

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