MAJOR KANA NEWS DEAL WITH TIME WARNER!!!!
(BSNS WIRE) Kanakaris Closes First Deal With Time Warner Telecom for Pro
Kanakaris Closes First Deal With Time Warner Telecom for Proprietary Computer
Command Opcon System
Business Editors and High-Tech Writers
NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Feb. 26, 1999--Kanakaris
Communications Inc. (OTC BB:KANA) Friday announced it has closed its
first sale with Time Warner Telecom for its proprietary computer
command Opcon system.
The purchase order from Time Warner Telecom was received on
Feb. 26, 1999.
"We hope this is the beginning of a long and fruitful
relationship with Time Warner Telecom for the delivery of our
ergonomic, proprietary Opcon enclosure system. It also marks a new
push to bring our wholly owned Desience division's hardware fixtures
into the offices of the future," stated Chief Executive Officer Alex
Kanakaris.
The Kanakaris/Desience installation will be performed at Time
Warner Telecom, 120th East 23rd Street, New York, N.Y. The 25 year old
Kanakaris division Desience is an originator of modular console
enclosures for high-end computer systems.
"The mass utilization of the Internet and intranet by government
agencies and Fortune 500 companies presents an expansive new
opportunity for the next generation of our Opcon system," stated
Kanakaris.
Kanakaris Communications is a publicly traded company on the OTC
Bulletin Board and the Frankfurt Stock Exchange. The company is a
leader in the technology and delivery of donwloadable and "Read Only"
content on the Internet.
For further information on Kanakaris Communications
(www.kanakaris.com), contact Colby Marceau, Director of
Public/Investor Relations at 714/444-0560; fax: 714-549-8970; 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.
--30--RMS/np*
CONTACT: Kanakaris Communications Inc., Costa Mesa
Colby Marceau, 714/444-0560
Fax: 714-549-8970
E-mail: info@kanakaris.com
KEYWORD: CALIFORNIA
INDUSTRY KEYWORD: PUBLISHING COMPUTERS/ELECTRONICS COMED PRODUCT
INTERACTIVE/MULTIMEDIA/INTERNET
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