KANAKARIS TO APPEAR ON CNBCDOWJONES.COM WEBSITE AND THE COVER OF EQUITIES MAGAZINE CEO GIVES ONE HOUR SPEECH ON THE AGE OF THE Internet, and Discusses Delivery of Motion Pictures Online
NEW YORK, Sep 28, 1999 /PRNewswire via COMTEX/ -- Alex Kanakaris, CEO
of Kanakaris Communications, Inc. (OTC Bulletin Board: KKRS) will be
featured on the cover of the Nov./Dec. edition of Equities Magazine,
Editor/Publisher Robert Flaherty announced today. In addition, the CEO
is featured as one of the "Parade of President" guests who will appear
on the CNBCDowJones.com website, following yesterday's "Discovery Day
VII in New York." The latter video will be featured within two weeks,
and there will be a link from the Kanakaris website, www.KKRS.Net. The
Equities cover story will be featured at www.NetBooks.com. Sir John
Templeton has called Equities Magazine, "A treasure chest of new
investment ideas."
During a one hour speech on the Age of the Internet at the Grand Hyatt
Hotel in New York City, Kanakaris stated, "The creative impact of
melding the Internet with Motion Pictures will result in the next
advancement of the art form, with an impact akin to when there was a
transition from silent movies to those with sound."
"Within five years," he predicted, "the Internet will challenge home
video as the single largest source of income to the motion picture
industry, although few in the studios realize it today."
An overflow crowd, including brokers and analysts such as Ray Dirks,
listened to the Kanakaris presentation.
Kanakaris Communications features 114 full-length, full-screen motion
pictures at its entertainment portal www.KKRS.Net.
Further information on Kanakaris: 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@kanaakris.com; 3303 Harbor Blvd., No.
F-3, Costa Mesa, Calif. 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 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@kanaakris.com
/Company News On-Call: prnewswire.com or fax,
800-758-5804, ext. 121430
WEB PAGE: kanakaris.com
GEOGRAPHY: California
New York
INDUSTRY CODE: MLM
ENT
PUB
SUBJECT CODE: OTC
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