To: Victor Cassella who wrote (1176 ) 9/28/1999 10:29:00 AM From: Siber Respond to of 1268
biz.yahoo.com Tuesday September 28, 8:43 am Eastern Time Company Press Release SOURCE: Kanakaris Communications Kanakaris to Appear on CNBCDowJones.com Website And the Cover of Equities Magazine CEO Gives One Hour Speech on the Age of the Internet, and Discusses Delivery of Motion Pictures Online NEW YORK, Sept. 28 /PRNewswire/ -- Alex Kanakaris, CEO of Kanakaris Communications, Inc. (OTC Bulletin Board: KKRS - news) will be featured on the cover of the Nov./Dec. edition of Equities Magazine, Editor/Publisher Robert Flaherty announced today. In addition, the CEO is featured as one of the ''Parade of President'' guests who will appear on the CNBCDowJones.com website, following yesterday's ''Discovery Day VII in New York.'' The latter video will be featured within two weeks, and there will be a link from the Kanakaris website, www.KKRS.Net. The Equities cover story will be featured at www.NetBooks.com. Sir John Templeton has called Equities Magazine, ''A treasure chest of new investment ideas.'' During a one hour speech on the Age of the Internet at the Grand Hyatt Hotel in New York City, Kanakaris stated, ''The creative impact of melding the Internet with Motion Pictures will result in the next advancement of the art form, with an impact akin to when there was a transition from silent movies to those with sound.'' ''Within five years,'' he predicted, ''the Internet will challenge home video as the single largest source of income to the motion picture industry, although few in the studios realize it today.'' An overflow crowd, including brokers and analysts such as Ray Dirks, listened to the Kanakaris presentation. Kanakaris Communications features 114 full-length, full-screen motion pictures at its entertainment portal www.KKRS.Net. 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@kanaakris.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