LMKI / Kanakaris to Premiere Fiber Channel Platform With Fastest Internet Streaming Media Ever This Saturday; Rascals Comedy Club Event Starring Bobby Collins to Feature 400 Megabit Per Second Feed from www.KKRS.Net
LOS ANGELES, Feb 16, 2000 /PRNewswire via COMTEX/ -- Kanakaris Communications,
Inc. (OTC Bulletin Board: KKRS) and LMKI Communications (OTC Bulletin Board:
LMKI) announced that they will introduce what LMKI's CTO Bryan Turbow describes
as, "The fastest video streaming on the planet." The Kanakaris / LMKI webcast
will be from the Rascals Comedy Club, Starring Bobby Collins, on Saturday
February 19, 2000 at 11:00pm EST 9:00pm PST at www.KKRS.Net.
"What LMKI has created for the Kanakaris entertainment hub www.KKRS.Net is a
fiber channel based platform transmitting data at 400 megabits per second
throughout its infrastructure. This array offers video streaming faster than
anyone else on the Internet," said Bryan Turbow, CTO, LMKI Communications.
"We are proud to joint venture with LMKI in a dramatic breakthrough that will
speed up the delivery of video and audio over the Internet. This solidifies
Kanakaris as the leading company offering the Hollywood entertainment industry a
secure, pay-per-view, high quality Internet delivery of movies, TV shows, and
original content," said Alex Kanakaris, CEO, Kanakaris Communications.
On Tuesday, February 15, Kanakaris ran a full-page ad on page 11 of the
Hollywood Reporter. The company invited major studios, producers and content
owners to participate in the revenue stream of pay-per-view online movie
delivery at www.KKRS.Net.
"The world's largest theater is now open. When do you want your movie to
start?," states the ad. Kanakaris is actively acquiring film content of all
genres for its web site.
Kanakaris successfully demonstrated pay-per-view online motion picture
transactions at the recent NATPE television convention in New Orleans. The
Company has received over 18 million hits in a month to its virtual theater web
site, www.KKRS.Net. Over 225 full-length movies, scaleable to full monitor size,
are now available to anyone connected to the Internet.
About Bobby Collins:
Bobby is the former host of VH1's "Stand Up Spotlight". The New York Times has
called Bobby "the most natural comedian working today," while the New York Post
said that he is "perfect fusion of Dean Martin and Jerry Lewis."
Chosen personally by Rosie O'Donnell to replace her as the host of VH-1's hit
series, Stand Up Spotlight (January 1994), Collins grabbed the ball and ran with
it, receiving rave reviews, a CableACE Award nomination, and a loyal following.
Similarly, Bobby Collins: On The Inside (Uproar), a collection of favorite
signature bits released this past year, garnered positive response while
cultivating new fans. Collins was nominated for 1997 Stand-Up Comic of the Year
by the American Comedy Awards. Bobby has opened for entertainers such as Julio
Iglesias, Frank Sinatra, Cher, and Dolly Parton, rising through the ranks
becoming a headliner in Las Vegas and Atlantic City. He sells out concert halls
and clubs in cities across the country.
About the Rascals Comedy Club:
Rascal's International, Inc. (OTC Bulletin Board: RASCE) became the only
publicly-traded comedy club/restaurant chain in August 1999. Previously known as
Rascals Enterprises, the Company operates three Rascals Comedy Clubs, two in New
Jersey and one in Florida (opened in March and doing well). Total annual
revenues are about $4.5 million, led by the flagship West Orange, NJ unit, which
was founded in 1982 by Rascals Chairman/COO Mark W. Magnusson.
Rascal's core business is the presentment of quality, live comedy accompanied by
an adjacent pleasant restaurant setting. The comedy content has appeal to broad
age/social/economic/ethnic categories. Rascals has developed a positive
reputation for comedy entertainment, especially on the East Coast. The cast of
entertainers who have performed at Rascals at one point in their careers is
star-studded and includes Jerry Seinfeld, Jay Leno, Eddie Murphy, and Billy
Crystal. More recent notable humor alums include Rosie O'Donnell, Andrew Dice
Clay, Chris Rock, Ray Romano, and Drew Carey. For further information call
Rascals International, Inc. Ed Rodriguez, President and CEO, 973-379-3635,
E-mail: Ed@rascalscomedyclub.com or Franchise Information, Andrew J. Whelan
301-926-6984, E-mail: ajwhelan@msn.com
About LMKI Inc.
LMKI Inc. delivers broadband communications solutions including high-speed
Internet access, data, voice and video services over a national I.P. network to
a wide spectrum of business customers. Additionally, LMKI offers Application
Development, Network Integration, Application Service Providing, and Systems
Management Services to businesses worldwide. Through strategic alliances and
cost-effective network planning, LMKI provides unparalleled performance and
service.
More information regarding LMKI Inc. may be found at their Web site
(www.lmki.net) or by sending e-mail to investor@lmki.net. For sales inquiries,
send e-mail to sales@lmki.net, for marketing inquiries, send e-mail to
agent@lmki.net. For investor relations contact Barry Turbow at 949-475-4500 or
send e-mail to investor@lmki.net.
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. The company delivered the first ever full-length motion
picture with no download time over the Internet in December 1995 with "The
Perfect Gift" at the Kanakaris web site cyberpop.com. During January 2000, the
largest amount of traffic to www.KKRS.Net was from the United States, and
visitors to the Kanakaris web sites came from 106 countries on six continents.
For further information 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.
|
