KANAKARIS TO ANNOUNCE ACQUISITION AND ALLIANCE WITH HOLLYWOOD STUDIO AS PART OF SPECIAL OPENING DINNER PRESENTATION AT REGIONAL INVESTMENT Bankers Association Conference
NEWPORT BEACH, Calif., Oct 11, 1999 /PRNewswire via COMTEX/ --
Kanakaris Communications, Inc. (OTC Bulletin Board: KKRS) announced
that it will be the sole sponsor of the Regional Investment Bankers
Association Conference dinner on Thursday, November 11 in Newport
Beach, California at the Four Seasons Hotel. Kanakaris will announce
the acquisition of a company and an alliance with a Hollywood studio,
during its special opening dinner presentation. Both the acquisition
and the alliance will involve the Kanakaris direct over-the-Internet
delivery of content. The names of each company and information on each
relationship will be announced during the dinner.
Steve Forbes will be the keynote speaker for the RIBA Conference which
will be held November 11-13, 1999 at the Four Seasons Hotel. CEO Alex
Kanakaris was previously interviewed by the chairman of Forbes
Magazine, Caspar Weinberger, for World Business Review, a syndicated
television program. Kanakaris Communications will introduce its
corporate overview in live presentations throughout the conference, and
the Kanakaris appearances will be sponsored by a broker/dealer member
of RIBA which will be announced prior to the event. The conference is
being held nearby the corporate offices of Kanakaris Communications,
Inc.
Regional Investment Bankers Association (RIBA) was organized in June
1994 as a national association of regional and independent
broker-dealer and investment banking firms seeking to improve
conditions in their industry, to strengthen the free-enterprise system,
and to provide a vital source of information and education to its
members and the investing public. Among RIBA's founding purposes is to
conduct research and provide statistical programs to aid its various
activities.
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.
For further information on Kanakaris Communications (OTC Bulletin
Board: KKRS) and (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.
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,
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: ENT
FIN
SUBJECT CODE: OTC
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