SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : The NEW KANAKARIS: KKRS, The 'MOVIE_SITE?'
KKRS 17.83-1.2%3:55 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: LORD ERNIE who wrote (61)10/3/1999 4:08:00 PM
From: LORD ERNIE   of 173
 
KANAKARIS TO 'JUMPSTART' BROADBAND INTERNET CONTENT WITH MICROSOFT

NEW YORK, Sep 30, 1999 /PRNewswire via COMTEX/ -- Kanakaris
Communications, Inc. (OTC Bulletin Board: KKRS) 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.
(C) 1999 PR Newswire. All rights reserved.
prnewswire.com


CONTACT: Colby Marceau, director of Public/Investor Relations of
Kanakaris Communications, Inc., 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
New York

INDUSTRY CODE: MLM
ENT

SUBJECT CODE: PDT
OTC



Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext