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To: Due Diligence who wrote (666)	2/18/1999 1:53:00 PM
From: Gravitar	Respond to of 9115

Kanakaris Signs Definitive Agreementfor Proprietary Online Book Technology February 18, 1999 01:33 PM NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Feb. 18, 1999--Kanakaris Communications Inc. KANA Thursday announced that it has signed a definitive agreement effective Feb. 18, 1999, with ION Systems Inc., regarding breakthrough online book delivery technology. Following up on a live Web cast presentation from the World Trade Center in New York on Jan. 27, Alex Kanakaris, chief executive officer of Kanakaris Communications, stated: "Security and efficiency are the two issues which have hindered the inevitable ebook revolution. IONization(TM) is the system which Kanakaris offers publishers and authors for a totally controllable and secure online publishing environment. Books can now be delivered however the publisher chooses: for online read only delivery, for direct downloadable delivery, for printing on demand or by conventional delivery." Free examples of the IONization "Read Only" process are now online at the Kanakaris Web site, www.Netbooks.com. Kanakaris