NEWS
NATIONAL CAPITAL SECURITIES RESEARCH, INC. INITIATES COVERAGE ON KANAKARIS COMMUNICATIONS
IRVINE, Calif., Jan 14, 2000 /PRNewswire via COMTEX/ -- The following
is being issued by Kanakaris Communications, Inc.:
National Capital Securities Research, Inc. has issued a buy
recommendation on Kanakaris Communications, Inc. (OTC Bulletin Board:
KKRS), the Internet content company that owns and operates the web site
www.KKRS.Net.
The KKRS.Net web site was recently listed in the top 10 on Go2Net.com's
Top 100 most popular web sites and is attracting up to 17 million hits
per month.
Kanakaris Communications has been the leader in the delivery of direct
over-the-Internet motion pictures at various bandwidth speeds.
Kanakaris was a participant in the Microsoft Broadband Jumpstart
Initiative and is a Microsoft Internet Content Partner.
"National Capital Securities Research maintains a buy rating on the
stock at current levels. We believe the Company offers strong growth
potential for experienced investors," stated NCSR.
"Kanakaris Communications has announced an alliance with ValueClick
which will bring added revenue and exposure to their web site,
coinciding with the introduction of their subscription, pay-per-view
and web partnering programs. As the recent AOL/Time Warner merger
announcement indicates, there is explosive growth in online delivery of
entertainment content. Kanakaris has been involved in online
entertainment since 1995," said Darrel Uselton of National Capital
Securities Research, Inc.
Kanakaris is now a full-reporting company and is actively traded on the
OTC Bulletin Board (OTC Bulletin Board: KKRS). The Company's CEO was
scheduled to be interviewed this week about the future of the Internet
on "Money Matters," and "What's Next on the Internet" (Frank Kingsman,
WINK, WNOG) and on the web site www.OTCInternetStocks.com.
Other companies that National Capital Securities Research, Inc. has buy
recommendations on include, NetSol, AutoTradeCenter.com Inc., Probex,
PopMail, Wareforce.com Inc., Cybertel Communications, Inc., the San
Diego Flash, Progressive Telecommunications Corp., and Hydrogiene Corp.
For more information: kilroy@worldstockwatch.com.
Source of information:
National Capital Securities Research Inc.
18952 MacArthur Boulevard, Suite 300
Irvine, CA 92612
For further information on Kanakaris Communications, Inc.: Colby
Marceau, Kanakaris Communications Investor Relations, (714) 444-0560
This press release contains forward-looking information within the
meaning of Section 27A of the Securities Act of 1993 and the section
21E of the Securities Exchange Act of 1934 and is subject to the safe
harbor created by these sections. The forward-looking statements
include information related to the potential prospects of the Company.
Actual results may differ materially due to a number of risks. This
press release provides general information and should not be construed
as advice or as meeting the investment needs of any particular investor
or designed to be the basis of any investment decisions.
SOURCE Kanakaris Communications, Inc. |
