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Yahoo News Updates quote.yahoo.com -------------------------------------------------------------------------- Monday August 30, 2:00 am Eastern Time Company Press Release Kanakaris Communications, Inc. Kanakaris Webcast Today as KKRS.Net Becomes Leading Online Motion Picture Provider in Relationship with Microsoft WindowsMedia 4.0 Technologies; KKRS.Net Entertainment Web Portal Backed by Encoding.Com and LMCI Communications to Become #1 Online Movie Content Provider NEWPORT BEACH, Calif., Aug. 30 /PRNewswire/ -- Kanakaris Communications, Inc. (OTC Bulletin Board: KKRS - news) presents a webcast today at 1PM Pacific time, 4 PM Eastern time at www.KKRS.Net and www.kanakaris.com to outline its plan to quickly offer the most full-length online motion pictures utilizing Microsoft WindowsMedia Technology 4.0. CEO Alex Kanakaris will be joined by Darren Grimstead of encoding.com and Brian Turbow, President and CTO, LMCI Communications (OTC Bulletin Board: LMKI - news). The program will announce a promotion contract between Kanakaris and Microsoft (Nasdaq: MSFT - news), as well as strategic alliance contracts between Kanakaris and encoding.com and LMCI Communications. It will also include details on the library of motion pictures Kanakaris will be delivering online, and discuss technological developments. Kanakaris will quickly offer more full-length online movies in WindowsMedia Technology 4.0 at KKRS.Net than any other web site, and will become a leading content provider to the Microsoft WindowsMedia web site. Kanakaris will also announce developmental plans with encoding.com and LMCI Communications pertaining to the utilization of WindowsMedia Technology 4.0 for online music delivery. The program originates from the States of Washington and California. A second part to the webcast, from New York City, will be added later this week. Both portions of the program will be archived for several days for on-demand viewing at www.KKRS.Net and www.Kanakaris.com. Further information on Kanakaris: 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. Microsoft WindowsMedia Technology 4.0 is a trademark of the Microsoft Corporation. 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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