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Microcap & Penny Stocks : KANA - undiscovered Internet Company!

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To: Winthrop Troy who wrote (1171)9/30/1999 7:58:00 AM
From: Siber  Read Replies (1) of 1268
 
biz.yahoo.com

Thursday September 30, 5:01 am Eastern Time

Company Press Release

SOURCE: Kanakaris Communications, Inc.

Kanakaris to 'Jumpstart' Broadband Internet
Content With Microsoft

NEW YORK, Sept. 30 /PRNewswire/ --- Kanakaris Communications, Inc. (OTC Bulletin Board: KKRS - news)
announced today that it was providing over 150 motion pictures of all popular genres online within 3 days, and additional
movies and original programming on an ongoing basis. All content will be provided in CD quality audio and near broadcast
quality video using the broadband capabilities of Microsoft Windows Media Technologies 4. All content will be available at
the entertainment Web portal www.KKRS.net.

''We are excited to take the critical pioneering steps with Kanakaris Communications in the Windows Media Jumpstart
Broadband initiative and help bring broadband media into the mainstream for consumers and content providers,'' said a
Microsoft Spokesperson.

''The exploding demand for high-quality broadband audio and video content makes it critical to be a part of the first wave of
broadband leaders developing the next-generation Web,'' said Will Poole, general manager, Marketing and Business
Development, Streaming Media Division, Microsoft Corp. ''We're excited to work closely with a creative content leader like
Kanakaris to realize the potential of broadband media today using the industry-leading capabilities of Windows Media
Technologies 4.''

Kanakaris Communications CEO Alex Kanakaris stated, ''We have selected Microsoft Windows Media Technologies 4
because of its superior ability to deliver the next wave of original entertainment content. Viewers be able to watch the over
150 Hollywood classics, which are being offered right away. In addition, this will be the platform which Kanakaris uses for
live Webcast events and the original independent motion pictures edited at our INTERtaiNmEnT studio.''

Kanakaris also announced that the cult classic Abraxas starring Jessie Ventura is one of the films available starting today.

Further information on Kanakaris:

Kanakaris Communications is ''the World Downloadable Content Leader'' and 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; email:info@kanakaris.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, Inc.
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