Real News on KANA. Similar internet play as RDIM, but with much more potential IMHO.
quotes.freerealtime.com
'Download a 2-Hour Movie in 10-Minutes or Less'
NEWPORT BEACH, Calif., May 17 /PRNewswire/ -- Kanakaris Communications (OTC Bulletin Board: KANA) is profiled on World Business Review on Sunday, May 30, on CNBC (as paid programming) in select market areas, and the Company will make a free VHS copy of the program available
to all shareholders of record as of May 30.
Vinton Cerf, founder of the Internet, describes Kanakaris as representing "the new economics of electronic publishing" in what is referred to as "a historic appearance of CEO Alex Kanakaris to discuss his vision for Kanakaris Communications, Inc. to become the World Downloadable Leader," by Richard Epstein, President, Alliance Equities, an associate and financial backer of the emerging-growth Internet company.
During the program, in which Alex Kanakaris describes the concept and technology of Kanakaris proprietary web sites such as NetBooks.Com and
the upcoming movie site GoGoliath.Com, the following observations are made.
-- On Internet online delivery of books by Kanakaris: Vinton Cerf, founder of the Internet, in describing how the Kanakaris web site NetBooks.Com electronically delivers a book, "It shows up electronically just like anything else you might see on a Web
page, except it gets downloaded or it gets observed online if you
choose to read the book that way." Mr. Cerf added, "What we're seeing
is the new economics of publishing."
-- On Internet online delivery of motion pictures by Kanakaris:
Vinton Cerf states, "We are now developing technology called Digital Subscriber Links and cable modems that will deliver many megabits per second to customers; digital broadcast satellites are another example. Alex will be able to dump his movies so fast that they will go faster then real time. He will be able to dump a two-hour movie in 10 minutes or less and then watch it at your leisure. I think more important and the thing I really resonate with Alex about is the
Internet is going to allow creative talents that would never have seen
the light of day become visible and published in this new electronic
world."
-- On the Kanakaris business plan for the future of the Internet:
Alex Kanakaris stated, "What we envision in the next couple years
from a business prospective is the real ability for people to receive
movie, music, book and entertainment content that hasn't been the case
so far because of bandwidth. We want to be front row center in the
creation of the delivery of that. You know whether its politics and
you only get an FDR or a Reagan once in a while, or in music an Elvis
or Beatles, we see a fantastic opportunity with creative leaders for
how this is utilized."
"Radio, television and movies have all enabled the creation of
certain types of things you couldn't before: movies with sound as
opposed to silent movies. We have not even really touched the iceberg
of what the Internet offers. The ability, for example, to interact
with something as its being watched which had never been possible with
TV, radio and newspapers," stated Mr. Kanakaris.
Caspar Weinberger, Chairman of Forbes Magazine, expressed his fascination with Kanakaris' direct Internet delivery of music, movies and books, and quipped, "Maybe you'll be able to deliver our next president."
Multi-Media Productions (USA) Inc., the program's producer, stated, "We are proud to announce the appearance of Alex Kanakaris, CEO of
Kanakaris Communications, on World Business Review. The weekly television series focuses on technology and is hosted by Caspar Weinberger, Chairman of Forbes magazine and Secretary of Defense during the Reagan administration. Also appearing on the show is industry expert, Vinton Cerf, Co-founder of the Internet and senior vice president for Data Architecture, Engineering Division, MCI WorldCom Communications. The topic of the Kanakaris appearance is the Future of the Internet."
"Kanakaris was selected to appear on the show because of its introduction of a new concept in delivering published materials to the market using advanced Internet technologies," said Adam Dubner, the show's Executive Vice President of Programming.
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.
05/17/99 /CONTACT: Colby Marceau,
director of Public/Investor Relations, 714-444-0560, or fax,
714-549-8970, info@kanakaris.com/
/Company News On-Call: prnewswire.com or
fax, 800-758-5804, ext. 121430/
/Web site: kanakaris.com (KANA)
CO: Kanakaris Communications, Inc.; Multi-Media Productions (USA)
Inc. ST: California IN: CPR ENT MLM SU: PDT |
