To: E*Trader who wrote (1021 ) 4/20/1999 4:14:00 PM From: LORD ERNIE Respond to of 1268
press release: News article received, Tuesday, April 20, 1999 4:02:22 PM EST Kanakaris to Announce Proprietary and Unique Internet Music Business and Marketing Plan Coupled to the Use of Technologies LOS ANGELES (April 20) BUSINESS WIRE -April 20, 1999-- 3-Hour Web Cast at 9 a.m. Pacific Time, Wednesday, April 21, at www.kanakaris.com Kanakaris Communications Inc. (OTC BB:KANA), an Internet growth company, will announce a proprietary and unique Internet music business and marketing plan coupled to the use of technologies during a three-hour Web cast at 9 a.m. Pacific Time, Wednesday, April 21, at www.kanakaris.com, www.NetBooks.com, www.Cyberpop.com, www.FSChannel.com and www.3rdM.com. Kanakaris will have no further comment on the music content of the program until the time of the Web cast, and the company is ramping up bandwidth so the widest possible audience can view the Web cast. In addition, the company is preparing to make the show available in short segments "on-demand" from the Web sites once it has first aired. Chief Executive Officer Alex Kanakaris was editor-in-chief of New Talent Streetscene and L.A.POP music publications, and has published interviews with music starts such as Alanis Morisette and Joan Osbourne. Kanakaris will introduce and explain the plan and he will be joined on the Web cast by music industry veteran Russ Regan, music industry author Jodi Summers, and others. Several Kanakaris announcements are expected during the Web cast, covering a variety of topics. Kanakaris Communications is publicly traded on the OTC Bulletin Board and in Germany. 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.