NEWS release:
News article received, Tuesday, April 13, 1999 9:27:11 AM EST World Business Review's Caspar Weinberger and Vincent Cerf Interview Of Alex Kanakaris To Appear On Kanakaris Internet Webcast April 21
NEWPORT BEACH, CALIF. (April 13) BUSINESS WIRE -April 13, 1999-- Internet Growth Company KANA To Kick Off Net Event With CEO's Meeting
With Internet Founder And Chairman Of Forbes Magazine
Kanakaris Communications Inc. (OTC BB: KANA), an Internet growth company, announced that its April 21 3-hour webcast will feature the world preview of the interview of Alex Kanakaris, CEO, addressing the "Future of the Internet." In addition, the interview, which will appear on international television including Public TV, PBS The Business Channel, and CNBC as paid programming, will be provided free "on demand" from several websites (including www.kanakaris.com) beginning on April 21. A transcript will also be posted.
"When the unedited footage form the show confirmed our belief that this is a breakthrough in establishing Alex Kanakaris as the CEO of a world leading Internment company, we requested a Beta edit of the program for the Kanakaris webcast on April 21. Conditional on certain restrictions, including using only the official Beta edited version, we received permission to world premier the segment as part of the Kanakaris webcast," said a Company spokesperson.
World Business Review is hosted by Caspar Weinberger, Chairman of Forbes Magazine and former Secretary of Defense under President Ronald Reagan, and the Kanakaris segment is guest co-hosted by Vinton Cerf, founder of the Internet and Senior V.P., Internet, MCI WorldCom.
The Kanakris Communications webcast has been moved up to 9 AM Pacific Time on April 21 will be linked from sites including Kanakaris.com, NetBooks.com, FSChannel.com, Cybrtrpop.com, and 3rdM.com.
Kanakaris Communications is publicly traded on the OTC Bulletin Board and the Frankfurt Stock Exchange. 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.
There can be no assurance that Kanakaris Communications applications will be approved by the applicable regulatory agencies, or that Kanakaris Communications will qualify for additional stock exchange listings. The Company would need to increase its asset base and/or average daily stock price to qualify for certain exchanges, and may need to meet other additional requirements. 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," "intent to" and similar conditional expressions are intended to identify forward-looking statements within the meaning of the Act and are subject to 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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