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Microcap & Penny Stocks : KANA - undiscovered Internet Company! -- Ignore unavailable to you. Want to Upgrade?

To: j g cordes who wrote (1145)	6/29/1999 8:39:00 AM
From: Selfop	Read Replies (1) \| Respond to of 1268

NEWS RH Investment Corp. Announces Strategic Alliance With Kanakaris Communications; PR Newswire - June 29, 1999 08:18 Stuart Greenberg to Introduce CEO Kanakaris to Potential Alliance Partners, Analysts and Brokers Beginning this Week, with England Tour Planned NEWPORT BEACH, Calif., June 29 /PRNewswire/ -- RH Investment Corp. announced today that it has been retained by Kanakaris Communications Inc. (OTC Bulletin Board: KANA) to provide investment banking services to the company. RH Investment Corp.'s President, Mr. Stuart Greenberg, stated, "This strategic alliance is being formed to fund ongoing capital requirements as Kanakaris Communications plans for its future growth and expansion, and to help Kanakaris build its infrastructure, revenue and asset base." Mr. Greenberg will introduce CEO Alex Kanakaris to potential alliance partners, analysts, brokers and the investment community beginning this week with a trip to Portland, Oregon, and this fall with several presentations in England. RH Investment Corp. will also sponsor Kanakaris Communications to appear at the Regional Investment Bankers Association capital conference in Chicago in August. "We are making Kanakaris Communications a top priority of our investment banking efforts going into the year 2000, because we believe that given the tools to make his ideas a reality, there is no CEO with more potential to make Internet history than Alex Kanakaris. There are no guarantees in life, and that goes double with the Internet, but I believe in Kanakaris and it is going to be fun helping Kanakaris to achieve specific goals," Mr. Greenberg added. RH Investment Corporation, Century City, CA (member NASD, SIPC, CA, PSA, SIA) is a 15-year old brokerage firm involved in all aspects of investment banking. The well capitalized regional firm is one of the largest independent bond dealers in the state of California. Kanakaris Communications is an emerging growth Internet company, specializing in downloadable technology and content distribution. Kanakaris Communications is publicly traded on the OTC Bulletin Board and in Germany. 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 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. SOURCE Kanakaris Communications Inc. /CONTACT: Colby Marceau, director of Public/Investor Relations of Kanakaris Communications Inc., 714-444-0560, fax: 714-549-8970 or info@kanakaris.com/ /Company News On-Call: prnewswire.com or fax, 800-758-5804, ext. 121430/ /Web site: kanakaris.com