OLD NEWS
Indices delayed 20 min
News article received, Thursday, April 22, 1999 4:24:34 PM EST
KANAKARIS WEBCAST HERALDS LAUNCH OF RECORD LABEL/DISTRIBUTOR/ONLINE RADIO
Station, Development of Secure Net Movie Technology
Plans to Use AT&T's a2b Music Technology
Kanakaris to Be One of First MP3.Com Affiliates, Music of Julian Lennon and
BAKA BOYZ Is Part of Webcast
LOS ANGELES, April 22 /PRNewswire/ -- Kanakaris Communications
Inc. (OTC Bulletin Board: KANA), an Internet growth company, announced
its proprietary and unique Internet music business and marketing plan
coupled to the use of technologies during a three-hour April 21 webcast
now available "on-demand" in segments at www.kanakaris.com,
www.NetBooks.com, www.Cyberpop.com, www.FSChannel.com and www.3rdM.com. The webcast showcased Kanakaris content and technology alliances and
included several highlights outlined below. Kanakaris to Launch World's First Combination Internet Record
Label/Distributor/24 hour Online Music Radio Station: * These will be based at the site www.Cyberpop.com and music author
Jodi Summers will be editor-in-chief of the editorial and music content
for these sites, reporting to CEO Alex Kanakaris. Kanakaris and GEO Interactive have signed two contracts on April
19 and April 20, 1999, which include the following services to be
provided to Kanakaris by GEO Interactive, an Israeli-based
international company with U.S. headquarters in Woodland Hills,
California and traded on the London Stock Exchange (London: GIM): * Development to Kanakaris specification of a security mechanism for
use with new GEO Interactive downloadable movie technology. Kanakaris
and GEO Interactive intend to introduce the downloadable movie
technology within six months as part of a Kanakaris movie web site
called GoGoliath.Com. George Atkinson, founding father of home video
and winner of numerous home video awards including "Video Retailer of
the Year," will be editor-in-chief. * Use of EMBLAZE(TM) technology which will be used for Kanakaris web
events. As demonstrated during the webcast, Internet viewers will be
able to easily view and hear Kanakaris webcasts simply by clicking on
the host site. This eliminates the additional time, inconvenience, and
in some cases, costs associated with downloading streaming audio
plug-ins. * Live 24/7 Audio Streaming On The Internet which will be utilized for
the Cyberpop Internetwork radio station at www.Cyberpop.com.
* 30 Minute Live Video Weekly Streaming On The Internet to be utilized for a new Kanakaris Internet TV Show, WorldWebWatch. CEO Kanakaris and guest co-hosts will interview leaders of the Internet revolution and executives from related fields. The show will air each Wednesday at www.3rdM.com
* Access to many Internet server streams, dynamically scaleable, which will allow Kanakaris to reach a larger world audience with its various web broadcasts.
Kanakaris plans to use AT&T's a2b Music Technology, developed by
AT&T Labs, and signed a Letter of Intent with a2b on April 20, 1999: * Kanakaris plans to sell songs and albums with direct online delivery
as part of its combination Internet radio station/music label/music
distributor, the Cyberpop Internetwork.
"Kanakaris is delighted to plan offering artists a choice in selling their music online with the secure features of AT&T's a2b Music Technology. Combined with our free 24-hour Internet music channel, as well as the use of other leading technologies, we think this will be a combination hard to beat in online music retailing," stated Alex Kanakaris, CEO, Kanakaris Communications.
Kanakaris to Be One of the First Affiliates of MP3.Com: * Kanakaris will offer MP3 technology as an option to artists
posting songs at www.Cyberpop.com, and will be one of the first
affiliates of MP3.Com * Kanakaris has signed a Letter of Intent on April 20, 1999, to
advertise Cyberpop.com on the MP3.Com website. Kanakaris Multimedia Ad Campaign to Solicit New Talent and
Established Artists to Sell Online at Cyberpop.com: * Kanakaris announced its intent to advertise in Billboard, Hollywood
Reporter, Daily Variety and Music Connection. The Company plans to
sign ad contracts with each publication and commence its ad campaign
within thirty days. Kanakaris at Regional Investment Bankers Association Capital Conference: Stuart Greenberg, President of RH Investment, Century City,
California, appeared on the webcast to announce his firm's sponsorship
of Kanakaris to appear before brokers at the RIBA Capital Conference in
Orlando, Florida in May, 1999. Kanakaris Showcases Plug-In Free Internet Technology With Music Videos: The BAKA BOYZ, and Julian Lennon music videos showcased the
Kanakaris web technology provided by GEO Interactive. 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," "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 successfully complete additional
financings, and other risks. SOURCE Kanakaris Communications Inc.
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