Kanakaris Communications, Inc. (OTC BB:KKRS) launches its
kkrs.net entertainment web portal's NetMovieMania with 18 full-length
movies today bringing full-screen motion picture viewing to the
Internet.
The site is a showcase of technology breakthroughs provided by
Microsoft WindowsMedia 4.0.
Concurrent with the launch, Kanakaris is airing a webcast which
outlines the 1500 man-hour effort being made which will see Kanakaris
add about ten new full-length, full-screen scalable movies every two
to three days until KKRS.Net has an unprecedented 250 full-length,
full-screen movies online in three to four different delivery rates in
Microsoft WindowsMedia 4.0 technology. The Company will continue to
expand the web site thereafter.
Each film can be adjusted by the Internet viewer to cover up to
the full computer monitor screen. For higher bandwidth users, the
experience can approach tv quality video and even better quality
near-CD sound. All users can benefit from the larger screen
capability.
In the webcast (www.kanakaris.com, www.NetBooks.com,
www.KKRS.Net), Darren Grimstead of encoding.com and Bryan Turbow,
President and CEO of LMCI Communications (OTC BB:LMKI) explain the
strategic relationships and roles which their respective companies are
playing to make Kanakaris the No. 1 provider of full-screen,
full-length movies in WindowsMedia 4.0 Technology.
They also address developments in KKRS.Net delivery of music and
e-commerce revenue.
The movies:
Movies which will be available today for viewing in full-screen,
full-length version include Decameron Knights, Cyrano DeBergerac, His
Girl Friday, Mazes and Monsters, The Great St. Louis Train Robbery,
Absolution, Call of the Wild, Abraxas, Fearless, Death Sentence, White
Fang to the Rescue and Keeping Track. Star listings for all 18 films
can be found online at www.KKRS.Net
The revenue:
Kanakaris is planning to sell online advertising, and to sell a
monthly subscription which will provide 24-hour on-demand access to
all movies and features of the NetMovieMania portion of their web
site. The Company is also planning a partner program for film
producers and web sites.
The expansion of Kanakaris, including music content:
encoding.com is developing an OEM web site technology for
Kanakaris which will allow musicians and record labels to directly
post music to the Kanakaris web sites which will be encoded in
Microsoft WindowsMedia technology and will be playable in popular MP3
music players such as RIO.
Kanakaris is becoming a content partner to LMCI Communications,
and LMCI will be syndicating Kanakaris online content to its clients.
The contracts:
Kanakaris has recently signed contracts with Microsoft (an
Internet Content Provider Promotion Agreement), encoding.com, LMCI
Communications and ScreamingMedia.com, among others, to provide
content, technology and promotion to its web sites.
The intent of the contracts is described in the Kanakaris web
cast, and Kanakaris is planning further webcasts, several of which
will be archived online, to provide interviews with representatives of
the respective companies to describe what they offer and how it
benefits Kanakaris.
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.
Note to Editors: Microsoft and Windows Media Technologies 4.0 are
registered trademarks of the Microsoft Corp. 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.
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CONTACT: Kanakaris Communications
Colby Marceau, 714/444-0560
info@kanakaris.com
www.kanakaris.com |
