eConnect Selects Kanakaris to Test Linux Based Transactional Server - LTS - for Internet Cash Charity Donations
LOS ANGELES--(BUSINESS WIRE)--Dec. 17, 1999--eConnect (OTC:BB:ECNC), fully reporting, announced that Kanakaris Communications, kkrs.net, a leading web broadcaster, is scheduling testing of Internet cash charity donations by ATM card and PIN.
These ATM card with PIN cash charity donations will have been originated by hardware plugged into a computer keyboard and routed by the LTS into the ATM card Regional Networks.
The eConnect LTS enables cash donations to be sent to charities, a paradigm shift for the charity industry. eConnect anticipates follow-up testing of Internet cash Pay Per View by ATM card and PIN, a paradigm shift for the Pay Per View Industry.
Safe Harbor: Certain statements in this news release contain forward- looking information within the meaning of Section 27A of the US Securities Act of 1933 and Section 21E of the Securities and Exchange Act of 1934,and as contemplated under the Private Securities Litigation Reform Act of 1995, and are subject to the safe harbor created by those sections. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward- looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.
CONTACT: eConnect: Carnegie Cooke
Anita Goldberg, 800/262-2331 (Investor Relations)
e-connect
or
ET&T: Prima Capital
Elias Argyropoulos, 800/600-8599
or
Kanakaris Communications (OTC:BB:KKRSE)
Alex Kanakaris, 714/444-0560
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