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Microcap & Penny Stocks : The NEW KANAKARIS: KKRS, The 'MOVIE_SITE?' -- Ignore unavailable to you. Want to Upgrade?

To: LORD ERNIE who wrote (64)	10/13/1999 6:40:00 AM
From: LORD ERNIE	Read Replies (1) \| Respond to of 173

KANAKARIS TO ANNOUNCE ACQUISITION AND ALLIANCE WITH HOLLYWOOD STUDIO AS PART OF SPECIAL OPENING DINNER PRESENTATION AT REGIONAL INVESTMENT Bankers Association Conference NEWPORT BEACH, Calif., Oct 11, 1999 /PRNewswire via COMTEX/ -- Kanakaris Communications, Inc. (OTC Bulletin Board: KKRS) announced that it will be the sole sponsor of the Regional Investment Bankers Association Conference dinner on Thursday, November 11 in Newport Beach, California at the Four Seasons Hotel. Kanakaris will announce the acquisition of a company and an alliance with a Hollywood studio, during its special opening dinner presentation. Both the acquisition and the alliance will involve the Kanakaris direct over-the-Internet delivery of content. The names of each company and information on each relationship will be announced during the dinner. Steve Forbes will be the keynote speaker for the RIBA Conference which will be held November 11-13, 1999 at the Four Seasons Hotel. CEO Alex Kanakaris was previously interviewed by the chairman of Forbes Magazine, Caspar Weinberger, for World Business Review, a syndicated television program. Kanakaris Communications will introduce its corporate overview in live presentations throughout the conference, and the Kanakaris appearances will be sponsored by a broker/dealer member of RIBA which will be announced prior to the event. The conference is being held nearby the corporate offices of Kanakaris Communications, Inc. Regional Investment Bankers Association (RIBA) was organized in June 1994 as a national association of regional and independent broker-dealer and investment banking firms seeking to improve conditions in their industry, to strengthen the free-enterprise system, and to provide a vital source of information and education to its members and the investing public. Among RIBA's founding purposes is to conduct research and provide statistical programs to aid its various activities. Further information on Kanakaris: Kanakaris provides full-screen, full-length online motion pictures and secure direct over-the-Internet book delivery at the KKRS.NetWork (www.KKRS.net), as part of its eCommerce "World Downloadable Content Leader" package of services. For further information on Kanakaris Communications (OTC Bulletin Board: KKRS) and (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. (C) 1999 PR Newswire. All rights reserved. prnewswire.com CONTACT: Colby Marceau, Director of Public/Investor Relations, 714-444-0560, fax: 714-549-8970, info@kanakaris.com /Company News On-Call: prnewswire.com or fax, 800-758-5804, ext. 121430 WEB PAGE: kkrs.net kanakaris.com GEOGRAPHY: California INDUSTRY CODE: ENT FIN SUBJECT CODE: OTC