NEW YORK--(BUSINESS WIRE)--Jan. 27, 1999--Kanakaris Communications Inc. (OTC BB: KANA) will make its 1999 Internet business launch announcement live today (January 27) from the World Trade Center, New York City, in a 30 minute Webcast at 11 AM PST, 2 PM EST. A live simulcast will be carried by Hellenic Radio, KHCI, Chicago, at 1 PM CST. In addition, Hellenic Radio will interview CEO Alex Kanakaris at 9 AM CST. Kanakaris and other executives will address the Net audience from the World Trade Center. The live web cast, featuring streaming video and audio, can be accessed from links at www.kanakaris.com as well as the home pages of several other Web sites including www.NetBooks.com, www.fschannel.com (the Financial Super Channel), www.3rdM.com (3rd Millennium) and www.cyberpop.com. Following the web cast, an archived version and transcript will be posted at the same Internet Locations. MobileNetics Inc. will provide extensive bandwidth for the web cast, with the capability to provide many thousands of streams from its servers, based on the size of the live worldwide audience. Kanakaris Communications Inc. is the designer of the Xybernaut Corporation web site. Xybernaut Corporation (www.xybernaut.com) announced on January 25th that its web site "now ranks amongst the top ten in PlanetClick.com's (www.planetclick.com) computer hardware category -- placing it above Dell, Apple, Hewlett Packard, Xerox, IBM and 25 other computer companies." PlanetClick.com is a popular directory of web sites with user reviews. Web site rankings are voted on by thousands of independent users. Kanakaris Communications develops both proprietary and designer Web sites focusing on the direct downloadability of content. It also creates the proprietary OPCON Module System of high-end computer command enclosures through its Desience division. For further information on Kanakaris Communications Inc. (www.kanakaris.com), contact Alex Kanakaris at 714/444-0560; fax: 949/760-3865; e-mail: info@kanakaris.com; 3303 Harbor Blvd. No. F-3, Costa Mesa, Calif. 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 the safe harbor created by the Act. Such statements are subject to certain 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.
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