More exciting news on KANA:
News May 24, 10:59 Eastern Time
NEWPORT BEACH, CALIF. (May 24) BUSINESS WIRE -May 24, 1999--
Consumers Gain Ability to Experience Streaming Interactive Content from Kanakaris' New Entertainment Sites Without Plug-ins
Kanakaris Communications Inc. (OTC BB: KANA) and GEO Interactive (LSE:GIM) jointly announced that Kanakaris has selected GEO Interactive
to provide streaming audio and video services for the company's new group of interactive Web sites including a new 24-hour music station, a
downloadable motion picture site and a weekly, live streaming video program.
GEO's Emblaze technology, which works with any Java-enabled Web browser, will allow Kanakaris' site visitors to experience high-quality
streaming audio and video without the hassle of plug-ins.
Also, unlike any other streaming media technology, Emblaze enables content providers such as Kanakaris Communications to deliver high-quality
audio and video without a dedicated media server.
"Clearly, streaming media will drive the future of interactive content on the Web," said Alex Kanakaris, chief executive officer, Kanakaris
Communications. "GEO's Emblaze technology is easier for the consumer and that means more traffic to our new sites and happier site visitors who
will come back many times."
"Kanakaris Communications' new interactive sites will be a perfect showcase of the power of streaming media without plug-ins provided by GEO's
Emblaze," said Shai Schiller, CEO, GEO Interactive. "And by offering unlimited streams to all of Kanakaris' new sites, visitors can view or listen to
the content quickly and easily."
24-Hour Music Station
Kanakaris is currently producing a 24-hour music station Web site, primarily to showcase the music of undiscovered artists. Once the site
launches this summer, visitors will be able to test new music using GEO Interactive's plug-in-less streaming technology. If they like the music, they
will be able to purchase and download the tracks in a variety of formats including MP3.
Live Webcasts
Kanakaris Communications currently hosts a periodical Webcast about Internet news and issues called "World Web Watch" that can be found at
www.cyberpop.com, www.kanakaris.com and www.netbooks.com.
"This alliance was crucial to the growth of our Web site," said Kanakaris. "When we decided to produce a weekly broadcast program over the
Internet, our major concern was that our viewers would become disinterested with slow downloads. It was imperative to find a system that could
offer our viewers instant online connections."
Downloadable Motion Pictures
As Kanakaris takes steps in becoming a full-service, interactive media provider, the company envisions the future to include downloadable movies
using a custom version of Emblaze with a proprietary security feature designed to Kanakaris' specifications to provide fast, easy and secure
streaming.
About GEO Interactive
GEO Interactive develops leading-edge tools for producing streaming audio, video and graphics content over the Internet. GEO's Emblaze
technology streams multimedia content over low bandwidth modems without the need for plug-ins or special server software and is dynamically
scalable to intranet speeds, requiring no plug-ins. The Israeli-based company has international operations around the world with its North American
headquarters based in Woodland Hills. The company is traded on the London Stock Exchange (LSE:GIM). More information about GEO can be
found by visiting www.emblaze.com.
About Kanakaris Communications
Kanakaris Communications is publicly traded on the OTC Bulletin Board and the Frankfurt Stock Exchange. For further information on Kanakaris
Communications contact Colby Marceau, Director of Public/Investor Relations, at 714/444-0561.
Interested parties can visit Kanakaris Communications and GEO Interactive on the Web at (www.kanakaris.com) and (www.emblaze.com),
respectively.
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.
Note to Editors: Emblaze is a trademark of GEO Interactive. All other product and company names may be registered trademarks of their
respective owners. |
