Kanakaris Is First ISP to Offer Business Clients Wireless Web Sites with Private Network Backbone
Successful Demo of Wireless Delivery Shown to Investors and Analysts At National Investment Bankers Association Conference
ALISO VIEJO, Calif., Feb. 20 /PRNewswire/ -- Kanakaris Wireless (OTC Bulletin Board: KKRS) today became the first Internet Service Provider to offer business clients the ability to create wireless versions of their web sites with a combination of CinemaWEAR technology and a private network backbone. Kanakaris proprietary enablement technologies were successfully demonstrated live on a Sony laptop, literally "with no strings attached," to an enthusiastic reception at the NIBA Conference in Washington, DC, which concluded Saturday.
Friedman, Billings, Ramsey & Co., Arlington VA, stated in January 2001, "We believe the utility value derived from the widespread adoption of wireless technologies will exceed that of the Internet, or any prior technology platform." (Report titled "Wireless, Anywhere You Want To Be").
"The Kanakaris Wireless platform, which is available immediately and is targeted to leading businesses which conduct e-commerce and promote market awareness over the Internet, is in response to the structural and fundamental aspects of the wireless business. It allows the expansion of corporate networks and IT infrastructures to create dynamic, flexible trading relationships with partners, suppliers, and customers," said CEO Alex Kanakaris.
"These extended networks, which Kanakaris will help any business develop, are rapidly becoming the underlying infrastructure for global e-commerce, which IDC estimates will grow from $60.4 million in 1998 to nearly $4 trillion by 2005," he added.
"The delivery of feature film entertainment to PocketPCs, a Kanakaris Wireless first, was just the beginning. Wireless devices of many shapes and sizes are on the horizon. Through continuing to support the expansion of wireless communication technologies, Kanakaris Wireless remains positioned as an innovator in the area of emerging e-Commerce technologies," said Chief Technology Officer Robert Wood.
In a B to B form, CinemaWEAR is an array of enterprise level managed services ranging from high quality media encoding, hosting and delivery to embedded electronic commerce functionality. CinemaWEAR can be viewed in action at the company's www.CinemaPop.com web site, which delivers over 400 full-length movies utilizing the Kanakaris Wireless Independent Network (KANWIN).
For further information on Kanakaris Wireless (www.KanakarisWireless.com) please call Shareholder Relations: Colby Marceau, 714-444-0560. For media interviews only contact 714-235-2539.
Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995.
With the exception of historical information, the matters discussed in this press release are forward-looking statements that involve a number of risk and uncertainties. The actual future results of Kanakaris Wireless could differ from those statements. Factors that could cause or contribute to such differences include, but are not limited to, our ability to obtain financing as the need arises, the overall state of the Internet and e-commerce industries and the data control console industry, economic conditions generally, the financial health of our customers, market acceptance of new product or service introductions by us or our competitors, the timing of expenditures in anticipation of future sales, returns of our data control console products and the timing and nature of revenues from our Internet and e-commerce businesses and data control console product sales that are recognized during any particular quarter. The inclusion of forward-looking statements should not be regarded as a representation or guarantee by Kanakaris Wireless or any other person that our objectives or plans will be achieved.
SOURCE Kanakaris Wireless
/CONTACT: Colby Marceau, Shareholder Relations of Kanakaris Wireless,
714-444-0560, or for media interviews only contact 714-235-2539/
/Company News On-Call: prnewswire.com or fax,
800-758-5804, ext. 121430/
/Web site: cinemapop.com
/Web site: kanakaris.com |
