To: Laura E. who wrote (83642 ) 5/2/2001 12:57:46 PM From: dreamer Respond to of 150070 Kanakaris Wireless Announces First TV Channel Created for PocketPC And Wireless Environment as Well as Conventional TVs and Computers Multi-Platform Worldwide Distribution Set for Summer 2001 With Previews At Cannes Film Festival and MforMobile, Wireless Lifestyle Conference ALISO VIEJO, Calif., May 2 /PRNewswire/ -- Kanakaris Wireless (OTC Bulletin Board: KKRS) announced that it will be launching the first "next generation wireless TV channel" this summer, with previews scheduled in Cannes, France during May at the Cannes Film Festival and MforMobile Conference. Among several firsts being achieved by AK.TV, this will be the first TV channel created for delivery on PocketPCs. It can also be viewed in any Internet enabled device as well as TVs. "After five years of breaking barriers in providing on-demand delivery of movies and books, Kanakaris Wireless has created a 24/7 interactive channel that can be viewed worldwide on multiple platforms," said CEO Alex Kanakaris. "Get ready for a whole new prime time. AK.TV breaks the delivery barrier of scheduled programming because AK.TV goes where you go. Devices from wireless PDA like the PocketPC to cellular phones to laptops, to desktop PCs to TVs," said John McKay Webmaster and Director, Kanakaris Wireless. "Kanakaris Wireless' proprietary CinemaWEAR(TM) encoding makes it possible to deliver both prerecorded and live content which may be viewed in wireless mobile devices, computers and TVs. AK.TV is a dramatic use of this technology, as well as KANWIN -- the Kanakaris Wireless Independent Network -- which breaks the bandwidth bottleneck," said Robert Wood, Chief Technology Officer, Kanakaris Wireless. When watching AK.TV on a computing device, users have multiple opportunities to interact with the content. You can click on videos to transact business, e-mail or phone in to live programs and join chat rooms to discuss content. A new brochure on AK.TV and a brochure on the Kanakaris Wireless Independent Network (KANWIN) may be viewed online at www.KKRS.Net or www.Kanakaris.com (click on Corporate Info and the link for the brochures on this web page). Successful beta tests of AK.TV, including a web cast of a Kanakaris Wireless studio office grand opening last week, have been completed. AK.TV will launch this summer, following the Cannes, France previews in May. For further information on Kanakaris Wireless (www.CinemaPop.com) please call Shareholder Relations: Colby Marceau, 714-444-0560. For media interviews only contact 310-345-9291. Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995. With the exception of historical information, the matters discussed in this press release are forward-looking statements that involve a number of risk and uncertainties. The actual future results of Kanakaris Wireless could differ from those statements. Factors that could cause or contribute to such differences include, but are not limited to, our ability to obtain financing as the need arises, the overall state of the Internet and e-commerce industries and the data control console industry, economic conditions generally, the financial health of our customers, market acceptance of new product or service introductions by us or our competitors, the timing of expenditures in anticipation of future sales, returns of our data control console products and the timing and nature of revenues from our Internet and e-commerce businesses and data control console product sales that are recognized during any particular quarter. The inclusion of forward-looking statements should not be regarded as a representation or guarantee by Kanakaris Wireless or any other person that our objectives or plans will be achieved. CinemaWEAR, KANWIN and SuperBroadband are trademarks of Kanakaris Wireless. MAKE YOUR OPINION COUNT - Click Here tbutton.prnewswire.com SOURCE Kanakaris Wireless /CONTACT: Shareholder Relations: Colby Marceau, 714-444-0560, for Kanakaris Wireless; or for media interviews only, 310-345-9291/ /Company News On-Call: prnewswire.com or fax, 800-758-5804, ext. 121430/ /Web site: cinemapop.com /Web site: kanakaris.com kkrs.net (KKRS)