Thursday January 28, 6:58 am Eastern Time
Company Press Release
Kanakaris Announces Breakthrough
Net Book Technology: Downloadable
Book, Music, and Motion Picture
Alliances With Veterans Including the Founding Father of
Home Video
GoGoliath.Com and WearableBooks.com Among New Kanakaris Domains
NEW YORK--(BUSINESS WIRE)--Jan. 28, 1999-- Kanakaris Communications Inc. (OTC BB:
KANA - news) announced several alliances to build its Internet focused business in 1999, during a
live Web cast from the World Trade Center on Jan. 27.
These include:
-- Jill Thomas, chief executive officer of ION Systems Inc., announced the introduction of a new
secure online e-book technology (immediately available at the Kanakaris Web site
www.NetBooks.com). The technology provides ''an exclusive for the missing link in Internet
information -- protection of intellectual copyright.'' Kanakaris, according to Thomas, has ''an
exclusive option from ION to license the technology, will jointly promote the benefits as well as
obtain content from established publishing houses, individual authors and manual publishers.''
-- Steven Newman, vice chairman of Xybernaut Corp. [Nasdaq:XYBR - news], announced that
Kanakaris and Xybernaut will jointly own a site called WearableBooks.com providing content for
wearable computers, and that a further relationship between the companies will be developed.
-- Russ Regan, a music industry executive who has been involved with artists ranging from Elton
John to Neil Diamond as well as current rap and new age music, announced he is president of a new
wholly-owned music subsidiary, Entertainment Partners Inc. The Kanakaris division will develop
RapAmerica.com online radio and Cyberpop.com, downloadable music site. The new division will
create proprietary music content and has also signed a letter of intent to acquire Ground Level Music,
a distributor with $2 million in annual revenues.
-- George Atkinson, the founding father of home video, announced he is president of a Kanakaris
motion picture Web site in development, GoGoliath.Com, with nine DVD titles immediately available
and a goal of directly delivering motion pictures online. Atkinson conceived and implemented the idea
of renting videocassettes in 1977, established the first major videostore chain (Video Staztion with
over 600 locations) and was awarded ''Video Man Of The Year'' (1981), ''Video Retailer of the
Year'' (1982) and inducted in the Video Hall of Fame. He pointed out a personal working relationship
with Chief Executive Officer Alex Kanakaris going back 20 years, and feels the Internet opportunity
''may be even bigger than home video.'' Kanakaris delivered the first full-length motion picture with
no download time over the Internet in 1995, in conjunction with Xing technology.
-- Beryl Wolk, producer of over 1,000 infomercials and a world leading entrepreneur, announced an
alliance with Kanakaris to build massive Web traffic to Kanakaris Web sites.
-- Ian Fulton, a real estate industry veteran, announced an alliance with Kanakaris to create online
home selling sites.
TECHNOLOGY
The breakthrough proprietary downloadable text technology announced by Kanakaris and technology
creator ION Systems is now being demonstrated on the Kanakaris Web site www.NetBooks.com.
H.L. Perry's ''Legacy of War'' and H.G. Wells' ''War of the Worlds'' are currently online.
Among the highlights of the new technology:
-- The publisher determines the security level and price for their documents.
-- Readers can read online in a never-before-seen format which allows readers to control the font
size -- up to 1 1/2 inches tall. Text never scrolls. Pages turn. Columns resize dynamically based on
monitor and font size.
-- The publisher can allow purchasers to read their document offline in a Windows or Mac
downloadable format.
-- Documents can be of any length and have unlimited graphic capabilities.
-- Full body content searching is standard.
-- Internal and external hyperlinking as well as an automatically built-in table of contents.
-- Documents can be created using three simple codes from any word processor or existing HTML
code can be converted.
An archived version of the Web cast is now online and accessible from www.kanakaris.com and
www.NetBooks.com. A transcript, in both text and secure technology formats, is scheduled to go
online Thursday from the same access point.
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. The latter system is employed by
NASA's Goddard Space Flight Center in Greenbelt, Md.
For further information on Kanakaris Communications (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.
Contact:
Kanakaris Communications Inc.
Alex Kanakaris, 714/444-0560
Fax: 949/760-3865
E-mail: info@kanakaris.com
Web: www.kanakaris.com |
