KKRS...news... company benefiting from bear market for tech and internet stocks...
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Tech and Internet Fallout Brings Dollars and Sense to Net Survivors;
TUESDAY, NOVEMBER 21, 2000 4:08 AM
- PRNewswire
NEWPORT BEACH, Calif., Nov 21, 2000 /PRNewswire via COMTEX/ -- Kanakaris Wireless (OTC Bulletin Board: KKRS) is an
eEntertainment company which is actually benefiting in certain ways from the demise of higher profile rivals and the bear market
for tech and internet stocks.
Kanakaris Wireless announced today that it will be marketing its revenue sharing partner program, in which other web sites can
gain potential revenue and links to movie content at no cost (www.CinemaPop.com, affiliate program), to over 300,000 web sites
with special sign-up incentives. Kanakaris has also become the direct marketer of its own online ad space which it believes was
undervalued in third-party associations because of the desirability of the Kanakaris audience and the "stickiness" of users to its
web site www.CinemaPop.com.
Kanakaris Wireless also reports that it has received an increasing number of subscriptions to its virtual theater web site in the
past 30 says. Even free subscriptions provide Kanakaris with more audience and demographic information than is obtained by
studios in traditional theater or cable TV distribution.
"Kanakaris is gaining a following among analysts, brokers and others based on its five year track record of performance on the
Internet and its 25-year high tech history through its Desience division," said Richard Epstein, President, Alliance Equities. "As
finance deals dry up for other companies, Kanakaris keeps attracting the support of shareholders and large investors," Epstein,
a longtime Kanakaris shareholder and financial backer added.
CEO Alex Kanakaris rejected requests to put a .com suffix on his company name during the height of Internet stock hysteria
and always strategized on a long-term multi-platform delivery strategy. That focus, which is further detailed in two online reports
(Winning Market Share and Advertising/Audience at www.CinemaPop.com, corporate info), seems to be netting major results
as a major shakeout occurs among companies competing with Kanakaris in the direct delivery of online content.
ABOUT KANAKARIS WIRELESS
Kanakaris Wireless has hundreds of on-demand movies and books which can be viewed at multiple bandwidths at
www.CinemaPop.com. Kanakaris Wireless invented the concept of WEAR(TM) (Wireless Entertainment Asynchronous
Remotely). Kanakaris delivered the first online movie in 1995, has been an innovator in eBooks, and has been public since
1997. Kanakaris is a total content and delivery company with services for businesses, consumers and content creators.
For press interviews call Crier Communications, Bill Hoversten, 310-450-9691 x204, Fax: 310-450-9694, bill@crierpr.com
For Investor Relations call: Colby Marceau, 714-444-0560.
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 obtain financing, etc. The reference to wireless equity data research by J.P. Morgan in no way implies an
endorsement or relationship of any kind between Kanakaris Wireless and J.P. Morgan; refer to entire report for complete
contextual information.
SOURCE Kanakaris Wireless
CONTACT: For press interviews: Bill Hoversten of Crier Communications,
310-450-9691 ext. 204, fax, 310-450-9694, bill@crierpr.com, for Kanakaris
Wireless; or investors, Colby Marceau of Kanakaris Wireless, 714-444-0560
/Company News On-Call: prnewswire.com or fax,
800-758-5804, ext. 121430
URL: cinemapop.com
kanakaris.com
prnewswire.com
(C) 2000 PR Newswire. All rights reserved.
KEYWORD: California
INDUSTRY KEYWORD: MLM
ENT
SUBJECT CODE: OTC |
