KANA for Monday?
Kanakaris Closes First Deal With Time Warner Telecom for Proprietary Computer Command Opcon System
NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Feb. 26, 1999--Kanakaris Communications Inc. (OTC BB:KANA - news) 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.
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