Headline: Kanakaris Launches Latin Online Movie Web Site, CinemaniaNetwork.com, In Partnership with LAIN, the Latin American Independent Network;
====================================================================== New Addition to Kanakaris Entertainment Hub KKRS.Net Premieres Today With Full-Length Films Aimed at Exploding Hispanic Internet Marketplace
SOUTH BEACH, Fla., Jan. 18 /PRNewswire/ -- Kanakaris Communications, Inc. (BB:KKRS), a reporting company, and LAIN, the Latin American Independent Network, announced the launch today of a joint venture website. www.CinemaniaNetwork.com will provide Spanish language and subtitled films, including special versions of American classics. "The Hispanic marketplace is $380 billion a year in the United States alone, and is expected to double by 2010. The Kanakaris/LAIN web site, CinemaniaNetwork.com, offers the first online full-length motion picture web site devoted exclusively to this marketplace offering broadcast quality (at Broadband delivery). Any user connected to the Internet, from 56k to Broadband, has free access to classic films dubbed into Spanish or featuring Spanish subtitles," stated a spokesperson. There will be headline links to CinemaniaNetwork.com from Microsoft's top rated content web site, WindowsMedia.com. Kanakaris is a Microsoft Internet Content Partner and will exclusively use Microsoft Windows Media Technology to provide worldwide Internet users from 56k to Broadband with full-screen scaleable movie delivery with no download time. For a limited time, all films are free to help attract a large initial audience and advertising. Soon, there will be a combination of free films as well as films available with monthly subscription access. In addition, LAIN and Kanakaris will work together to solicit advertising to the site. CinemaniaNetwork.com will benefit from the existing traffic to the Kanakaris web hub KKRS.Net, which has received as many as 17 million hits in a month and currently ranks #10 on a Go2Net.com list of the 100 most popular web sites. LAIN, the Latin American Independent Network, was born 17 years ago to distribute Venezuelan movies in international TV markets. Currently, LAIN International, from its offices in South Beach - Miami Florida, represents production companies worldwide, in addition to LAIN's programming which focuses on the Hispanic markets. In the expansion process, LAIN created dubbing studios, subtitling and production of international bands. In addition to this, LAIN also produces TV series. In September of 1996, LAIN authored one of the projects which founded South Beach Screenings. Later, LAIN implemented the new program called "Red a la Carte Syndication" which facilitates programming and advertising transactions for independent TV channels and advertisers. LAIN's service department produces M&E tracks for a substantial part of the "telenovelas" produced in Latin America. LAIN's services also comprise dubbing and subtitling for movies and series.
For further information contact: LAIN INTERNATIONAL, INC., 940 Lincoln Road, Suite 207, Miami Beach, FL 33139, Telephone: (305) 532.7339 - Fax: (305) 532.8655 - E-MAIL: jneri@sobescreenings.com, President: Julio Neri, Ventas: Feliciano Rubiera
About Kanakaris Communications Kanakaris provides full-screen, full-length online motion pictures and secure direct over-the-Internet book delivery at the entertainment hub KKRS.NetWork (www.KKRS.Net), as part of its eCommerce "World Downloadable Content Leader" package of services. Contact: Colby Marceau, director of Public/Investor Relations of Kanakaris Communications, 714-444-0560, info@kanakaris.com.
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. -0- 01/18/2000 /CONTACT: Colby Marceau, director of Public/Investor Relations of Kanakaris Communications, 714-444-0560, info@kanakaris.com/ /Company News On-Call: prnewswire.com or fax, 800-758-5804, ext. 121430/ /Web site: windowsmedia.com /Web site: cinemanianetwork.com /Web site: kkrs.net /Web site: kanakaris.com |