I will post some old news releases here since they cannot be accessed on Yahoo, etc.
Kanakaris Lands $500,000 Web Product Development Contract from QuadState
MALIBU, Calif., May 13 /PRNewswire/ -- Kanakaris Communications, Inc. (OTC Bulletin Board: KANA) has announced receipt of a $500,000 contract from QuadState Corporation for co-development of "Internet related products and proprietary Internet intellectual property, including domain brand names and trademarks."
"Kanakaris has the vision and marketing strength to understand what
technological breakthroughs are needed to enhance eCommerce. They are uniquely positioned to implement technology as it is created with their proprietary web sites such as NetBooks.com as well as sites they design such as KeyTrade.com," stated William Manak, CEO, QuadState Corporation. "We see Kanakaris as more than just a co-developer of product. We believe this marriage of technological research and development by QuadState with the keen Internet market sense of Kanakaris is what makes the Internet such an exciting place to be right now."
Kanakaris has been an innovative user of Internet technology, and CEO Alex Kanakaris has emerged as a spokesperson on Internet eCommerce issues. Kanakaris' proprietary web site NetBooks.com features 100% digital delivery of books. Viewers can read free excerpts on-line and, upon ordering, the books are downloaded directly into the user's computer. Kanakaris was recently interviewed by the syndicated TV show Hard Copy on issues pertaining to the Internet.
QuadState Corporation is a provider of multimedia solutions for networked markets such as the Internet. They created Video 1-2-3, which allows users to "Shoot, Shape and Share" movies over the Internet. Video 1-2-3 is designed to meet the needs of the consumer utilizing simple features and functions. The application provides a complete end-to-end solution for the computer user yearning to be a part of the Internet.
QuadState has developed a strong competency in Codecs, the technologies capable of dramatically reducing the raw size of multimedia files while maintaining a high level of quality. Video 1-2-3 is a product for the manipulation, compression and transmission of complex data types, such as audio, video, still image and textual files.
Kanakaris Communications, Inc. is applying audio and video technology
solutions to the Internet. It recently announced the addition of Talking NetBooks, which features on-line audio books which can be heard on a user's computer, to its product line. Kanakaris uses Microsoft NetShow technology on its web site 3rdM.com.
Kanakaris believes that advanced Internet technology is the key to the
Internet's increasingly dominant role in the world economy. CEO Alex
Kanakaris expounded on the strength of the new "cyber economy" by stating that the Internet represents a greater economic force than most countries of the world. "Business to business eCommerce alone may exceed $300 billion by 2002 and U.S. inflation is already affected by one percentage point a year," Kanakaris stated, referring to recently released government statistics.
Quadstate Corporation is based in Capitola, CA (phone) 408-464-5600.
Kanakaris Communications (http://www.kanakaris.com, netbooks.com, 3rdm.com)
is based in Malibu, California. For further information contact John McKay, 800-831-2671, fax 310-589-2632, eMail: info@kanakaris.com.
SOURCE Kanakaris Communications, Inc.
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