To: Mr Metals who wrote (2517 ) 7/6/1999 8:12:00 AM From: SSP Respond to of 150070
Online Movie of the Week Featured on Kanakaris Web Site As Movie Distribution Hits the Internet 'Death Race 2000' Premieres this Week with 'Timeless Classics' To Follow - No Charge, No Download, No Plug-In Required, Also No TV and No Video Store HOLLYWOOD, Calif., July 6 /PRNewswire/ -- Beginning Saturday, July 10th, Kanakaris Communications (OTC Bulletin Board: KANA - news) will feature a free Online Movie Of The Week (also available for purchase) using GEO Interactive Technology. To kick-off this ground-breaking Internet innovation, the first movie presentation will be Roger Corman's Death Race 2000. This fast paced film is a hilarious satire about a futuristic society starring David Caradine and Sylvester Stallone. In subsequent weeks, ''Timeless Classics'' will be presented, as Kanakaris does for the Internet what The Movie Channel and other stations did for traditional cable television. ''Kanakaris is taking the great works of Hollywood, films like early John Wayne classics which transcend time, and is bringing them into the new millennium with Internet delivery. This is the beginning of a whole new way to take Hollywood to the world, without a need for brick-and-mortar theaters or traditional commercial televisions stations and video stores,'' stated CEO Alex Kanakaris. ''George Atkinson, the founding father of home video and winner of Video Retailer of the Year, is leading our efforts to bring motion pictures to anyone in the world with Internet access. Of course, we will be selling high quality VHS video and, in some cases, DVD versions of these films for those who wish their own full resolution copies either on a computer or a TV. In the future, we will offer for purchase high quality electronic versions for direct to computer delivery,'' he added. The free versions will be available to anyone with Internet access, with no download time and no plug-in required. The Kanakaris Internet Movie Channel follows a tradition of innovation in the delivery of movies by the emerging-growth Internet company. In December 1995, Kanakaris delivered the very first full-length movie over the Internet with no download time. Further information on Kanakaris: 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