REMINDER FOR TODAY:
News article received, Monday, April 05, 1999 10:55:20 AM EST
The Future of the Internet is Theme of Questions to Kanakaris by the Founder of the Internet and the Chairman of Forbes Magazine
NEWPORT BEACH, CALIF. (April 5) BUSINESS WIRE -April 5, 1999-- Interview With CEO Set to Tape Tuesday in Washington, D.C., Following
Location Shoot at Kanakaris California Offices
"The Future of the Internet" is the theme of a World Business Review profile of Kanakaris Communications Inc. (OTC BB:KANA).
Caspar Weinberger, chairman of Forbes Magazine and former Secretary of Defense under President Ronald Reagan, and Vinton Cerf, founder of the Internet and Senior V.P., MCI WorldCom (Nasdaq:WCOM), are set to interview CEO Alex Kanakaris in Washington, D.C. this Tuesday April 6. On Friday, April 1, a news team from the World Business Review program, hosted by Weinberger, shot a background segment in the California offices of Kanakaris.
"To be questioned about the future of the Internet by the founding father of the Internet and a true sage in the history of technology, Mr. Vinton Cerf, and by the Chairman of Forbes magazine and a renowned leader in global issues, Mr. Caspar Weinberger, is one of the highlights of our Company's Internet journey so far," said Alex Kanakaris, CEO, Kanakaris Communications, Inc.
In the segment taped on location at the Kanakaris offices, Branch Lotspeich, director and president of the Kanakaris Desience division, provided details on the company's computer command enclosure installation for NASA at the Goddard Space Flight Center, Greenbelt, Md. He also spoke about Kanakaris/Desience enclosures for other clients ranging from Mitsubishi to Bloomberg Financial.
Lotspeich emphasized the strategic advantage this portion of the business brings to Kanakaris in conceptualizing future Internet related solutions for Fortune 500 companies and government agencies. The connection between Space and the Internet is a theme Cerf has recently spoken out about as he envisions Internet domains for the planetary system.
The World Business Review program featuring Kanakaris will air several weeks after taping on CNBC (as paid programming), Public Television, PBS The Business Channel, Knowledge TV, America's Voice and additional distribution to be announced, with a potential audience of over 70 million TV households in the United States and over 100 million internationally. The full program will be available on the Internet and information on when (and a link when available) will be at www.kanakaris.com.
Previous guests on World Business Review have included Rick Roscitt, president & CEO, AT&T Solutions; Alfred Berkeley III, president, NASDAQ Stock Market, Inc.; as well as executives of Microsoft Corp., ORACLE, Dell Computer Corp., Compaq Computer Corp. (NYSE:CPQ), Lucent Technologies and Cisco Systems.
Caspar Weinberger is the chairman of Forbes Magazine and his many business and political achievements include serving as United States Secretary of Defense for President Ronald Reagan from 1980 to 1987; Chairman of the Federal Trade Commission, Director of the Office of Management and Budget and Secretary of Health, Education and Welfare (all under President Nixon) and he has served as chairman of the Board of the USA-ROC Economic Council, director of PepsiCo, Inc., Quaker Oats Co. and the Bechtel Group.
Vinton Cerf is the senior vice president for Data Architecture, Engineering Division, MCI WorldCom Communications. He is known as the "founding father of the Internet" and received the U.S. National Medal of Technology from President Clinton. He was the co-developer of the computer networking protocol, TCP/IP, widely used for communications between diverse data networks known collectively as the Internet.
Alex Kanakaris is the CEO of Kanakaris Communications, and has been editor-in-chief of such publications as Video Swapper, Video Entertainment, New Talent Streetscene and L.A. POP. He was involved in marketing for a large consumer electronics company and the world's largest costume jewelry company. He became a stockbroker for Dean Witter to enhance his business knowledge in preparation for leading a public company.
Kanakaris created innovative web sites including www.cyberpop.com and www.NetBooks.com, and has been an early user of streaming audio and video technology. Among his other achievements at Kanakaris Communications have been the delivery of the first full-length motion picture over the Internet with no download time, in December 1995 (in conjunction with XING Technology) and the acquisition of the Desience Corp.
Kanakaris Communications is publicly traded on the OTC Bulletin Board and the Frankfurt Stock Exchange. For further information on Kanakaris Communications (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," "intent 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.
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