NEWSSonar Network, a Division of DoubleClick Inc, Signs Contract With Kanakaris to Rep Advertising on www.KKRS.Net Entertainment Web Portal
COSTA MESA, Calif., Mar 13, 2000 /PRNewswire via COMTEX/ -- Kanakaris
Communications Inc. (OTC Bulletin Board: KKRS) and Sonar Network, a division of
Double Click Inc. (Nasdaq: DCLK) have signed a contract whereby the Kanakaris
web portal www.KKRS.Net (and www.CinemaPop.com), and associated Kanakaris URLs,
become affiliated with the Sonar Network.
Under terms of the contract, the Sonar Network, a business unit of DoubleClick
Inc., agreed to link the Kanakaris web sites to its service. The Sonar Network
and its representatives shall sell media space to the Kanakaris web sites for
the display of advertising and shall deliver such advertising to users accessing
Kanakaris web sites though DoubleClick's proprietary DART technology.
"The contract between Kanakaris and the Sonar Network, a business unit of
DoubleClick Inc., is a major step forward in connecting the 18 million hit per
month traffic now being generated by Kanakaris to media revenue from the sale of
online advertising," stated Alex Kanakaris, CEO, Kanakaris Communications, Inc.
Kanakaris also receives advertising and other services to its web sites through
an alliance with ValueClick Inc. DoubleClick Inc. recently announced that it has
successfully completed acquiring a 30% equity stake in ValueClick Inc.
About DoubleClick:
DoubleClick Inc. (www.doubleclick.net) is a leading provider of comprehensive
global Internet advertising solutions for marketers and Web publishers.
Combining technology, media and data expertise, DoubleClick centralizes
planning, execution, control, tracking and reporting for online media campaigns.
Abacus Direct, a division of DoubleClick Inc., manages the Abacus Alliance, the
nation's largest proprietary database of consumer buying behavior used for
target marketing purposes on the Internet and through direct mail. DoubleClick
Inc. has Global headquarters in New York City and maintains over 30 offices
around the world.
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 February 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.
(C) 2000 PR Newswire. All rights reserved.
http://www.prnewswire.com
CONTACT: Colby Marceau, director of Public/Investor Relations of
Kanakaris Communications, 714-444-0560, info@kanakaris.com.
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