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Microcap & Penny Stocks : Kanakaris Communications, Inc. - KKRS
KKRS 18.06-0.8%3:50 PM EDT

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To: LORD ERNIE who wrote (20)1/18/2000 5:09:00 AM
From: Charles Kalb   of 21
 
Headline: Kanakaris Launches Latin Online Movie Web Site, CinemaniaNetwork.com,
In Partnership with LAIN, the Latin American Independent Network;

======================================================================
New Addition to Kanakaris Entertainment Hub KKRS.Net Premieres Today
With Full-Length Films Aimed at Exploding Hispanic Internet Marketplace

SOUTH BEACH, Fla., Jan. 18 /PRNewswire/ -- Kanakaris Communications, Inc.
(BB:KKRS), a reporting company, and LAIN, the Latin American
Independent Network, announced the launch today of a joint venture website.
www.CinemaniaNetwork.com will provide Spanish language and subtitled films,
including special versions of American classics.
"The Hispanic marketplace is $380 billion a year in the United States
alone, and is expected to double by 2010. The Kanakaris/LAIN web site,
CinemaniaNetwork.com, offers the first online full-length motion picture web
site devoted exclusively to this marketplace offering broadcast quality (at
Broadband delivery). Any user connected to the Internet, from 56k to
Broadband, has free access to classic films dubbed into Spanish or featuring
Spanish subtitles," stated a spokesperson.
There will be headline links to CinemaniaNetwork.com from Microsoft's top
rated content web site, WindowsMedia.com. Kanakaris is a Microsoft Internet
Content Partner and will exclusively use Microsoft Windows Media Technology to
provide worldwide Internet users from 56k to Broadband with full-screen
scaleable movie delivery with no download time.
For a limited time, all films are free to help attract a large initial
audience and advertising. Soon, there will be a combination of free films as
well as films available with monthly subscription access. In addition, LAIN
and Kanakaris will work together to solicit advertising to the site.
CinemaniaNetwork.com will benefit from the existing traffic to the Kanakaris
web hub KKRS.Net, which has received as many as 17 million hits in a month and
currently ranks #10 on a Go2Net.com list of the 100 most popular web sites.
LAIN, the Latin American Independent Network, was born 17 years ago to
distribute Venezuelan movies in international TV markets. Currently, LAIN
International, from its offices in South Beach - Miami Florida, represents
production companies worldwide, in addition to LAIN's programming which
focuses on the Hispanic markets.
In the expansion process, LAIN created dubbing studios, subtitling and
production of international bands. In addition to this, LAIN also produces TV
series.
In September of 1996, LAIN authored one of the projects which founded
South Beach Screenings. Later, LAIN implemented the new program called "Red a
la Carte Syndication" which facilitates programming and advertising
transactions for independent TV channels and advertisers.
LAIN's service department produces M&E tracks for a substantial part of
the "telenovelas" produced in Latin America. LAIN's services also comprise
dubbing and subtitling for movies and series.

For further information contact: LAIN INTERNATIONAL, INC., 940 Lincoln
Road, Suite 207, Miami Beach, FL 33139, Telephone: (305) 532.7339 -
Fax: (305) 532.8655 - E-MAIL: jneri@sobescreenings.com, President: Julio Neri,
Ventas: Feliciano Rubiera

About Kanakaris Communications
Kanakaris provides full-screen, full-length online motion pictures and
secure direct over-the-Internet book delivery at the entertainment hub
KKRS.NetWork (www.KKRS.Net), as part of its eCommerce "World Downloadable
Content Leader" package of services. Contact: Colby Marceau, director of
Public/Investor Relations of Kanakaris Communications, 714-444-0560,
info@kanakaris.com.

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.
-0- 01/18/2000
/CONTACT: Colby Marceau, director of Public/Investor Relations of
Kanakaris Communications, 714-444-0560, info@kanakaris.com/
/Company News On-Call: prnewswire.com or fax,
800-758-5804, ext. 121430/
/Web site: windowsmedia.com
/Web site: cinemanianetwork.com
/Web site: kkrs.net
/Web site: kanakaris.com
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