NEWS of NEXT month ;-)
News October 22, 08:57 Eastern Time
KANAKARIS TO HIT 100 FEATURE FILMS ONLINE MARK THIS FRIDAY, AS NEWS OF INTERTAINMENT STUDIO HITS HOLLYWOOD USE OF MICROSOFT WINDOWS MEDIA 4.0 Technology, Allowing Full-Screen Size Viewing of Movies at Various Access Speeds, Is Taken to New Level
HOLLYWOOD, Calif., Sep 22, 1999 /PRNewswire via COMTEX/ -- Kanakaris
Communications, Inc. (OTC Bulletin Board: KKRS) moved forward this week
on two fronts pertaining to direct over-the-Internet distribution of
motion pictures:
1) Kanakaris plans to have a total of 100 full-length, full-screen
motion pictures online this Friday at www.KKRS.Net. All 100 films are
available free, on-demand to any Internet user during the introductory
period. Later, the Company will continue to make a large portion of the
site available free with advertiser support, and will charge $5 per
month for access to the total web site.
2) The Kanakaris announcement that it will be opening the INTERtaiNmEnT
Studio(TM) in early 2000 for the production of online and low-budget
theatrical films, as well as live Webcasts, has caught the eye of
Hollywood. The Daily Variety (Tuesday, September 21, page 5) was among
motion picture related press covering the story.
"When Kanakaris reaches their goal on this Friday of having 100
on-demand full-length movies on the Internet, using Microsoft Windows
Media 4.0 technology and also offering these films as content to the
Microsoft www.WindowsMedia.com web site, the Company will have fully
established itself as a leader in the online motion picture world,"
said Kanakaris spokesperson.
Kanakaris also announced the completion of several other previously
announced Internet projects, all of which are accessible from the
www.KKRS.Net web portal:
-- The Internet LifeStyle Network(TM) is now online and features a
singles meeting place, online classified ads on various topics
including real estate and an auction site with hundreds of types of
products.
-- KeyTradeOnline.com, a securities trading site designed in partnership
with Kanakaris, is now fully functional. The site features
breakthrough usages of push technology to allow Internet users direct
online access to a live licensed broker, and the instant delivery of
requested research information to the user's web browser without the
need to go offline.
-- NetBooks.com features free examples of classic literary works which
may be read online with the ability of the user to resize type, turn
pages without scrolling, and search through documents by word or
phrase. The ION secure technology is full compatible with the Open
Book standard, and is being automated in a joint venture between
Kanakaris and ION Systems.
-- The Kanakaris Movie Partner Program, offering shared revenue and free
content to any mainstream web site, it now accepting applications from
web masters (email: movies@kanakaris.com).
Further information on Kanakaris: Kanakaris provides full-screen,
full-length online motion pictures and secure direct over-the-Internet
book delivery at the KKRS.NetWork (www.KKRS.net), as part of its
eCommerce "World Downloadable Content Leader" package of services.
Kanakaris Communications is publicly traded on the OTC Bulletin Board
and in Germany. For further information on Kanakaris Communications
(www.kanakaris.com), contact Colby Marceau, director of Public/Investor
Relations, at 714/444-0560; fax: 714/549-8970; e-mail:
info@kanakaris.com; 3303 Harbor Blvd., No. F-3, Costa Mesa, Calif.
92626.
Microsoft, Windows Media, and Windows Media 4.0 technologies are
registered trademarks of the Microsoft Corporation. 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 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.
SOURCE Kanakaris Communications
(C) 1999 PR Newswire. All rights reserved.
prnewswire.com
CONTACT: Colby Marceau, director of Public/Investor Relations of
Kanakaris Communications, 714-444-0560, fax: 714-549-8970, info@kanakaris.com
/Company News On-Call: prnewswire.com or fax,
800-758-5804, ext. 121430
WEB PAGE: kkrs.net
kanakaris.com
GEOGRAPHY: California
INDUSTRY CODE: MLM
ENT
SUBJECT CODE: OTC
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