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Microcap & Penny Stocks : The NEW KANAKARIS: KKRS, The 'MOVIE_SITE?'
KKRS 17.94-0.6%11:35 AM EST

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To: LORD ERNIE who wrote (144)4/27/2000 10:52:00 AM
From: LORD ERNIE  Read Replies (1) of 173
 
Kanakaris Retains Sitrick And Company to Enhance Media Coverage of Its Online Movie and Other Web Sites

COSTA MESA, Calif., Apr 25, 2000 /PRNewswire via COMTEX/ -- Kanakaris
Communications Inc. (OTC Bulletin Board: KKRS) has retained Los Angeles-based
Sitrick and Company Inc. to launch a national public relations and investor
relations campaign for Kanakaris and its proprietary web sites.

Kanakaris Communications specializes in the direct delivery of interactive
content over the Internet. Its web sites include www.CinemaPop.com , which
offers Hollywood feature films in streaming video, www.CineMania.com , which
offers Spanish language feature films, and www.NetBooks.com , which offers a
wide range of digital-format books. Alex Kanakaris, chief executive officer,
also has authored "Signs of Intelligent Life on the Internet," a witty and
perceptive look at the culture created by and creating the Internet (now in its
second printing and available at www.amazon.com and distributed by Ingram Book
Co.)

Sitrick And Company ( www.sitrick.com ) has been recognized as one of the
nation's leading corporate, financial, and transactional communications firms.
With headquarters in Los Angeles, the firm serves clients throughout the U.S.
and abroad, with offices in New York, Washington, and Moscow. The firm has a
large practice in the entertainment industry, representing both high profile
individuals and leading entertainment industry companies. Sitrick also
represents a large and growing number of technology and e-commerce companies.

"In today's Internet environment, offering outstanding content on a
technologically advanced platform is important, but that is not enough to
succeed," said Mr. Kanakaris. "Sitrick And Company has demonstrated its ability
to elevate the profile of Internet companies and create communications programs
that make a real difference. We are delighted to have them join the Kanakaris
Communications team."

Kanakaris Communications recently announced the successful completion a single
$3 million investment, of a new $6 million commitment from investors brought by
The NIR Group. This capital investment through The NIR Group, based in New York
and Los Angeles, is in addition to $1.5 million of investments made during the
previous six months.

About Kanakaris Communications

Kanakaris Communications Inc. is an emerging-growth Internet company. Kanakaris
provides full-screen, full-length online motion pictures and secure direct
over-the-Internet book delivery at KKRS.Net, as part of its eCommerce "World
Downloadable Content Leader" package of services. Kanakaris is publicly traded
on the OTC Bulletin Board. For more information on Kanakaris ( www.kanakaris.com
) contact Colby Marceau, 714-444-0560, 3303 Harbor Blvd. #F-3, Costa Mesa, CA
92626.

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 form 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 Sitrick And Company
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