EZ2
24 years ago
KKRS DD UPDATE 4/8/01 (repost from coolhandll / RB)
ABOUT KANAKARIS WIRELESS
Kanakaris Wireless delivers a one-stop source for business for all its digital delivery needs, including SuperBandwidth(TM) web hosting, online video encoding, point-to-point video conferencing, wireless web site creation. KANWIN is the Kanakaris Wireless Independent Network.
Kanakaris owns digital delivery web sites, including CinemaPop.com, which feature about 500 feature films and other pop culture content. CinemaPop's content is available to all Internet enabled devices ranging from PocketPCs (on select titles) to laptops to desktop PCs to TVs.
Kanakaris Wireless is Offering DSL in Expansion of B-to-B And
Consumer Services as Company Embarks on Plan to Become A Household Name in
Wireless Technology High Profile Sales of DSL and SuperBroadband Support
Kanakaris Online Movie Delivery in Near-DVD Quality
Kanakaris Wireless has hundreds of movies and books online which can be viewed at multiple bandwidths. Kanakaris Wireless invented the concept of WEAR(TM) and is now delivering film and book content to PocketPCs®. Kanakaris delivered the first online movie in 1995 and has been public since 1997. Kanakaris is now expanding to become a total Entertainment content company using the latest technology to reach a world audience. Kanakaris has become the first American Internet company listed on the Stockholm exchange
Kanakaris has leapt over barriers that trap other companies because it has created the most substantial network of land-based and wireless distribution servers, and has obtained the rights over a significant number of books and full-length movies, in both English and Spanish. In fact, during 1995 Kanakaris was the first company to deliver a full-length streaming movie over the Internet.
Based on the World Business Review broadcast, Kanakaris hasn't looked back since, especially with the advent of its new WEAR(TM) technology, a revolutionary approach to delivering sensory-rich original multimedia content that can be viewed on a user's television, PC, or handheld devices such as a Pocket PC.
``I think the thing that differentiates us is that we're the only company in the world that is offering music, full-length movies, and books for direct delivery over the Internet,' Kanakaris said on World Business Review. ``And now we're taking it to the next level with WEAR, which delivers original multimedia content that can be watched and listened to literally anywhere.'
The broadcast also featured Kanakaris' innovative approach to wireless content delivery, using state of the art technology and strategic partnerships to ultimately reach every potential Internet user in the world. By using scalable broadband technology, which provides excellent quality sound and video for all users, regardless of their connection speed, Kanakaris has maximized his company's market potential and exposure.
According to Kanakaris, there currently are more than 560,000 wireless Internet users in the United States. By 2003, that number will reach more than 73 million, based on a recent report in Business Week. Because Kanakaris had the vision and foresight to anticipate this overwhelming market, his company not only dominates the market in its current state, it is ready to maintain the lead as the world finally realizes the market potential that Alex Kanakaris knew existed for years.
KKRS made the list for Limit Order Protection year trial by SEC! GOOD NEWS!
http://www.otcbb.com/news/2001/GeneralNews/lopstocks.stm
Patented Encoding Technology… SuperBroadband(TM) / CinemaWEAR(TM)
http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=105&STORY=/www/story/12-07-2000/0001381680
KKRS web sites
http://www.kkrs.net/
http://www.cinemapop.com/ Movies on demand…………Currently 487
http://www.wordpop.com/ Electronic books on demand ….Currently 1630
http://www.cyberpop.com/ Music on demand(The Kanakaris Wireless Music
Web site is currently under development. )
KKRS Spanish Films.
http://www.kkrs.net/index_spanish.html
Kanakaris Wireless Is First To Market With Full-Length Movie Delivery To Pocket PC And Near-DVD Quality 750 kbps Broadband Delivery
Kanakaris Delivers World Movie Premiere in Windows Media to Enable Internet Viewing from Big Screen to Computer Monitor to PDA
http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=105&STORY=/www/story/10-05-2000/0001330686
Watch CinemaPop Movies on Your Television
http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=105&STORY=/www/story/10-11-2000/0001335349
Desience Division
Kanakaris, through its Desience subsidiary, designs and manufactures state of the art modular, electronic workstation enclosure systems using the highest quality materials, fine craftsmanship and incorporating leading edge design. Kanakaris/Desience works closely with clients to provide the best solution for their specific design, equipment and ergonomic requirements. Kanakaris/Desience provides unique systems to improve performance, safety and comfort.
http://www.ragingbull.altavista.com/mboard/boards.cgi?board=KKRS&read=57240
http://www.ragingbull.altavista.com/mboard/boards.cgi?board=KKRS&read=57297
Wear ™ Technology
Revolutionizing the next-generation convergence of information, entertainment, content and ecommerce, comes WEARable Content from Kanakaris Wireless. WEAR content is designed especially for viewing in hand-held computing devices such as PocketPC and Palm Pilot.
http://www.ragingbull.altavista.com/mboard/boards.cgi?board=KKRS&read=57317
Corporate Information:
http://www.kkrs.net/kw_bizplan_10-00_TOC.html
Board of Directors and Advisory Board
http://www.kkrs.net/kci_mgmt.html
Alex Kanakaris:
http://www.alexkanakaris.com/
National Capital Companies recent report of Kanakaris Wireless
http://www.natcapco.com/pdf/NCC-Kanakaris-5-15-00.pdf
Wall Street Webcast Presents Kanakaris Wireless 12/27/00
http://www.wallstreetwebcast.com/
Wallstreetreporter.com Interview 10/7/00.
http://www.wallstreetreporter.com/interviews/oct/4/KanakarisWireless.htm
Press Releases
http://biz.yahoo.com/n/k/kkrs.ob.html
http://www.prnewswire.com/gh/cnoc/comp/121430.html
KKRS’s SEC Filings
http://www.freeedgar.com/Search/FilingsResults.asp?SourcePage=CompanyList&CIK=1066624&UseFra....
Stock Price History - 1 Year Table
http://www.financialweb.com/mkthistory.asp?symbol=kkrs&startdate=9%2F2%2F99&format=3&sub....
Last level 2 Quotes
http://www.otcbb.com/asp/mp_quotes.asp?Sort=4&Quotes=KKRS
Last 10 trades on KKRS
http://beta.cnbc.com/stock/last10.html?sym=KKRS
Patents and Proprietary Technology
Kanakaris plans to apply for provisional patents on CinemaWEAR, EEC- Embedded Electronic Commerce, and OPCON II
Bravtexrang's post's very good Info:
http://www.ragingbull.altavista.com/mboard/memalias.cgi?member=Bravtexrang
KKRS Links:
http://windowsmedia.com/MediaGuide/default.asp?Page=3 WindowsMedia.com
http://www.ifilm.com/db/static_text/0,1699,1296,00.html IFLIM.com
http://www.moviehead.com/cinema/westerns/western.html Moviehead.com
http://www.100hot.com/directory/entertainment/books.html Go2net.com
http://www.wwbc.net/index.asp wwwbc.net
http://www.movieflix.com/cgi-bin/action.pl?tmpl=tmpl_cool .Movieflex.com
http://www.ibeam.com/pages/ChannelGuide.asp?PageID=4&SID=4&CatID=3&PageNo=2
iBeam.com
OTC BB - Monthly Share Volume Report for each Market Maker on KKRS - August 2000
http://www.otcbb.com/asp/tradeact_mv.asp?SearchBy=i&Issue=kkrs&SortBy=v&month=8-1-2000
Info on KKRS shares:
Shares Outstanding 51 Million as of 3/14/01 ( Per Mangement). Authorized shares…..250 Million
http://www.stockpoint.com/quote.asp?Exchange=US&Symbol=kkrs&Company=&x=0&y=0
World Business Review Interview
with Alex Kanakaris about its WEAR content and web sites, and the advent of content you can "watch and listen anyWEAR." General Alexander Haig, former Secretary of State, and Vinton Cerf, co-founder of the Internet, interview Mr. Kanakaris in Washington, D.C.
http://www.kkrs.net/kw_webcasts.html
Kanakaris Wireless Plans Expansion of Sales to Fortune 500 and Emerging Growth Companies and Government
http://biz.yahoo.com/prnews/010315/lath066.html
Other SOURCES OF REVENUES
Kanakaris Wireless has identified several potential new revenue sources pertaining to its Internet business. These include direct over the Internet delivery of:
Online advertising
Online subscriptions
Online pay-per-view
Corporate profiles
Online music albums and singles
Online movie sales and rentals
Desience product line Benefits
On the consumer and market share side, Kanakaris has developed CinemaPop into a world leading online movie site viewed in over 100 countries with both free and paid subscriptions and ad sponsorships. Over the next ninety days (As of 3/14/01) we will deploy three new consumer web site channels which will effectively increase our available ad sponsorship space by 75% and potentially increase the size of our registered user base.
REVENUES
Kanakaris is introducing revenue-producing programs to enhance shareholder value
through advertising, subscription and pay-per-view business models for its
direct over-the-Internet delivery of entertainment content. Up to 18 million hits
are received per month to the Kanakaris web portal http://www.KKRS.Net . Kanakaris is home of CinemaPop.com featuring full-screen scalable online motion pictures, with 487 full-length movies currently online.
$1 Million+ in Ad Sales Sold by Kanakaris Wireless For CinemaPop.com Virtual Theater
http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=105&STORY=/www/story/12-05-2000/0001379378
Kanakaris Wireless Projects Overall Operating Profits In 2001 and Desience Division Profits in 2000
http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=105&STORY=/www/story/11-30-2000/0001376269
Kanakaris Scores Another Breakthrough in Online Distribution of Motion Pictures and Adds Additional Revenue Capabilities
http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=105&STORY=/www/story/01-19-2001/0001407496
Kanakaris has captured the imagination of financial community participants in its meetings from Wall Street to the heart of the wireless development land of Sweden and Finland to the boardrooms of Europe.
Forrester research indicates
That 300 million dollars of sales of on-line book sales occurred in a 12-month period. It also indicates that this number will grow to 3 billion by the year 2003. Dick Brass, vice president of technology Microsoft Corp., predicts that 20 to 40 percent of all on-line text sales will be electronic within 3 to 5 years. Based on these projections, the marketplace for direct over the Internet delivery of books alone will be 600 million to 1.2 billion dollars. If Kanakaris's share of this marketplace is 10 percent, the Kanakaris revenue for on-line book sales and rentals will be 60 million to 120 million dollars.
The Hispanic marketplace
Is $380 billion a year in the United States alone, and is expected to double by 2010. The Kanakaris/LAIN web site at Cinemaniapop.com, offers the first online full-length motion picture web site devoted exclusively to this marketplace offering broadcast quality (at Broadband delivery).
What others are saying on KKRS
1)..Armed with boundless energy, entrepreneurial instincts and the
prescience of a cyberguru, Kanakaris is wise enough to surround himself
with . The fact that he can attract top talent is
both a credit to himself as a pioneer and to the businesses the company
has chosen to private, states cover story writer George Brooks.
2).. Kanakaris Wireless' business model in many ways represents the embodiment of the future of Internet entertainment and the way people will access movies, books and other content on demand. As a leader in technology and content delivery and distribution, we feel that Kanakaris is a shining example of one of the finest companies currently trading on the OTC Bulletin . We strongly encourage investors to listen to this interview to learn more about the company," stated Peter Scott, Co-founder and Chief Community Strategist for OTCInternetStocks.com. EOM
3).. Through our due diligence, in addition to the conversations we had
during our interviews, we believe Kanakaris Wireless has significant advantages over many of its direct competitors, as well as its peers that trade on the OTC Bulletin Board," said Peter Scott of
OTCInternetStocks.com. "The factors that we considered most carefully is the talent Kanakaris
has on its management team, its financial structure, its technology, its marketing savvy, the partnerships it has secured and overall direction being taken by the Company," Mr. Scott added. "Although we did not consider the Kanakaris stock price (or its historical performance) as a primary factor, we do consider Kanakaris to be undervalued and certainly in a position to provide its current and ential shareholders with a significant return on investment stated Mr. Scott From Focus30.
4).. National Capital Securities Research, Inc. has issued a buy recommendation on Kanakaris Wireless Inc. (OTC Bulletin Board: KKRS), the Internet content company that owns and operates the web site www.KKRS.Net. The KKRS.Net web site was recently listed in the top 10 on Go2Net.com's Top 100 most popular web sites and is attracting up to 17 million hits per month. Kanakaris Communications has been the leader in the delivery of direct over-the-Internet motion s at various bandwidth speeds. Kanakaris was a participant in the Microsoft Broadband Jumpstart Initiative and is a Microsoft Internet Content Partner. "National Capital Securities Research maintains a buy rating on the stock at current levels. We believe the Company offers strong growth ential for experienced investors," stated NCSR.
We are excited to announce the beginning of a long-term content relationship between Soft Orbit and Kanakaris Wireless. Together, we seek to revolutionize the delivery of entertainment content to the exploding wireless world,,' said Gary Devore, Soft Orbit, a division of Pix Media Inc. ``Kanakaris has an option to license thousands of additional titles and Soft Orbit will aggressively continue to provide the kind of leading pop culture content which drives Kanakaris Wireless,' he added.
What Insiders say about KKRS
Not since I became known as the Father of Home Video have I seen anything approaching the potential of Kanakaris Wireless and the world-leading www.CinemaPop.com web site. I look forward to helping make Kanakaris the great studio, akin to an MGM or Warner, of the 00s,' said George Atkinson, founder of the Video Station retail network which exceeded 600 stores prior to the foundation of Blockbuster.
``When Alex Kanakaris, who invented the business concept of online movie delivery in 1995, shows the wireless delivery of short films and books into devices like PocketPCs, he and Kanakaris Wireless are re-inventing the wheel when it comes to entertainment. It is just a matter of time until Kanakaris and his company, in which I am proud to be a part, becomes a well-known focal point in the evolution of technology in our lives,' said Branch Lotspeich, designer of NASA's Goddard Space Flight command control center and Vice Chairman of Kanakaris Wireless.
``Kanakaris Wireless is introducing the film delivery technology for the 21st Century while stores like Blockbuster are offering the film delivery technology of the 20th Century,' said Richard Epstein, a Kanakaris shareholder and President of Alliance Equities, based in Florida. ``A lot of the mainstream press is reporting yesterday's news, while Kanakaris takes the news of tomorrow and introduces it today at www.CinemaPop.com,' he added.
`There are multiple revenue opportunities for a hugely popular worldwide appealing entertainment web site and Kanakaris is now prepared to seize those cyber dollars with ads, subscriptions and increased audience share,' said Colby Marceau, a Kanakaris Wireless representative.
Wireless Data About To Boom
The wireless data market is set to skyrocket, according to a new report by the research firm Cahners In-Stat Group. The study estimates that, by 2003, there will be 25 million people receiving data over wireless Net devices. Currently, there are about 1.7 million such users, which represent only two to three percent of the traffic over wireless networks. Our research continues to show that users want access to wireless data," said Becky Diercks, director of Wireless Research. "In the future, we believe mobile workers will represent the best market for these services, followed by the corporate market as it adopts horizontal applications such as e-mail, fax, and access to the Internet, and lastly, the consumer market." The study further predicted that, in future years, wireless users won't even realize they're using the Internet for simple requests. For instance, carriers will provide customers with the ability to access their Web site for billing and support issues. The study also found that wireless operators are going to have to provide fixed pricing plans as wireless data transmission increases in popularity. Also, the study predicted that wireless operators will have to assure users that their systems are secure.
Vinton Cerf.(Co founder of the Internet)
The findings are part of the report, The Wireless Data Market: Finally Poised for Growth. According to Vinton Cerf, the co-founder of the Internet and senior vice president for Data Architecture at MCI WorldCom, there are significant challenges to Internet and wireless multimedia delivery. But he recognized that not all companies are created equal, and that Kanakaris Wireless (OTC Bulletin Board: KKRS - news) is a true industry leader.Vinton Cerf also said that he believed the Kanakaris network of online books, movies, and music is a successful e-commerce mode. He also was intrigued about how
Kanakaris generates revenue.
Marketing is the key.
According to Kanakaris, there currently are more than 560,000 wireless Internet users in the United States. By 2003, that number will reach more than 73 million, based on a recent report in Business Week. Because Kanakaris had the vision and foresight to anticipate this overwhelming market, his company not only dominates the market in its current state, it is ready to maintain the lead as the world finally realizes the market potential that Alex Kanakaris knew existed for years.
In fact, Kanakaris currently is in Europe establishing a new division that will not only provide content to users throughout that continent, it also will establish new financial and business relationships and recruit new original content from all over the world.
EZ2
24 years ago
The news just gets 'better' !!!!!
Wednesday April 4, 4:48 am Eastern Time
Press Release
SOURCE: Kanakaris Wireless
Kanakaris Wireless Successfully Beta Tests 24 Hour Wireless TV Channel With Huge Potential Worldwide Viewing Audience;
KANWIN Sales Army Will Lead Revenue Push for Next Step in TV
ALISO VIEJO, Calif., April 4 /PRNewswire/ -- Kanakaris Wireless (OTC Bulletin Board: KKRS - news), announced that it has successfully completed a Beta test (on April 3, 2001) broadcast of its upcoming 24 hour digital television channel with wireless delivery to multiple platform Internet enabled devices worldwide ranging from PocketPCs to big screen TVs.
``We have a live Beta feed to a confidential URL in progress and, as a small company now emerging into the limelight of major consumer and business services, truly feel like we are in outer space -- in this case cyber space -- landing the first man on the moon,'' said Robert Wood, CTO, Kanakaris Wireless.
``Our CEO has been following a plan of expansion for over five years based on what Ted Turner did for TV distribution with channels like WTBS, CNN, etc. We have now given Kanakaris Wireless the technology necessary to take the creation of new TV channels to a wireless distribution modality which is multi-platform compatible and includes world distribution to places TV has never gone before, such as the PocketPC,'' Mr. Wood added.
Kanakaris Wireless plans to launch its 24 hour TV channel, a sister site to CinemaPop.com and a showcase for Kanakaris proprietary technology and place for sponsorships, within 60 days. The URL will be announced next week, including online information on the multiple ways to access the channel. Kanakaris itself is now selling DSL and SuperBroadband(TM) connectivity which enable a high quality worldwide reception to the new channel.
Kanakaris is currently hiring a sales army to bring the site to the attention of national TV brand marketers.
For further information on Kanakaris Wireless (www.KanakarisWireless.com, www.CinemaPop.com) please call Shareholder Relations: Colby Marceau, 714-444-0560. For media interviews only contact 714-235-2539.
Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995.
With the exception of historical information, the matters discussed in this press release are forward-looking statements that involve a number of risk and uncertainties. The actual future results of Kanakaris Wireless could differ from those statements. Factors that could cause or contribute to such differences include, but are not limited to, our ability to obtain financing as the need arises, the overall state of the Internet and e-commerce industries and the data control console industry, economic conditions generally, the financial health of our customers, market acceptance of new product or service introductions by us or our competitors, the timing of expenditures in anticipation of future sales, returns of our data control console products and the timing and nature of revenues from our Internet and e-commerce businesses and data control console product sales that are recognized during any particular quarter. The inclusion of forward-looking statements should not be regarded as a representation or guarantee by Kanakaris Wireless or any other person that our objectives or plans will be achieved.
CinemaWEAR, KANWIN and SuperBroadband are trademarks of Kanakaris Wireless.
SOURCE: Kanakaris Wireless
EZ2
24 years ago
Tuesday April 3, 9:23 am Eastern Time
Press Release
SOURCE: Kanakaris Wireless
Kanakaris Wireless Offering DSL in Dramatic Expansion of B-to-B And Consumer Services as Company Embarks on Plan to Become A Household Name in Wireless Technology
High Profile Sales of DSL and SuperBroadband Support Kanakaris Online Movie Delivery in Near-DVD Quality
ALISO VIEJO, Calif., April 3 /PRNewswire/ -- Kanakaris Wireless (OTC Bulletin Board: KKRS - news), which has previously introduced proprietary CinemaWEAR(TM) encoding to improve video delivery for businesses on the Internet and KANWIN(TM) (Kanakaris Wireless Independent Network) to improve delivery times for web sites, made a dramatic announcement today. It will now offer DSL and SuperBroadband(TM) connectivity for both consumers and business across the United States at competitive prices. DSL brings a dramatically faster delivery of the Internet over traditional 56k, which enhances media rich web sites like the Kanakaris Wireless online movie site, CinemaPop.com.
``Following up on the establishment of our landmark KANWIN, Kanakaris Wireless today makes DSL available to most consumers, both business users and individual consumers, across America. This service will provide Kanakaris with recurring monthly income for connectivity, while also allowing us to deliver movies in near-DVD quality to each of our DSL customers,'' said CTO Robert Wood.
``Unique among all companies offering DSL delivery, Kanakaris Wireless also benefits from the ability to deliver movies in near DVD quality to each DSL customer,'' said CEO Alex Kanakaris.
``Kanakaris Wireless is selling both the razor and the blades in the next generation of the digital delivery business, and is enjoying strong support from the large investors who have long believed in the business vision of Alex Kanakaris,'' said a longtime Kanakaris Wireless shareholder and financial backer.
``Now Kanakaris Wireless is making a move to compete with the biggest players, and who would have expected this from a little entertainment related company which started out as merely another dot comer. While others become dot goners, Kanakaris is now firmly on the way to becoming a household word, in my opinion,'' said another Kanakaris Wireless shareholder and member of the Kanakaris Board of Directors.
Kanakaris Wireless said it will post basic rates and access information for DSL connectivity on its web site (www. CinemaPop.com, www.KanakarisWireless.com) within 48 hours, and is offering the service effective immediately. DSL is just one of many services offered under the KANWIN umbrella, and all services will be described online at the web site (www.KanakarisWireless.com) by this Friday.
Kanakaris will be emailing 70,000 of its CinemaPop registered users with DSL connectivity information. Similarly, Kanakaris will provide all of its DSL customers with 30 days free access to all Kanakaris Wireless content, including 500 feature films and other video features.
For further information on Kanakaris Wireless (www.KanakarisWireless.com, www.CinemaPop.com) please call Shareholder Relations: Colby Marceau, 714-444-0560. For media interviews only contact 714-235-2539.
Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995.
With the exception of historical information, the matters discussed in this press release are forward-looking statements that involve a number of risk and uncertainties. The actual future results of Kanakaris Wireless could differ from those statements. Factors that could cause or contribute to such differences include, but are not limited to, our ability to obtain financing as the need arises, the overall state of the Internet and e-commerce industries and the data control console industry, economic conditions generally, the financial health of our customers, market acceptance of new product or service introductions by us or our competitors, the timing of expenditures in anticipation of future sales, returns of our data control console products and the timing and nature of revenues from our Internet and e-commerce businesses and data control console product sales that are recognized during any particular quarter. The inclusion of forward-looking statements should not be regarded as a representation or guarantee by Kanakaris Wireless or any other person that our objectives or plans will be achieved. CinemaWEAR, KANWIN and SuperBroadband are trademarks of Kanakaris Wireless.
SOURCE: Kanakaris Wireless
ypsiCPA
25 years ago
Sunday May 14, 10:13 pm Eastern Time
Company Press Release
SOURCE: Kanakaris Communications
Kanakaris in Strongest Cash Position Ever Following 10QSB Filing
COSTA MESA, Calif., May 14 /PRNewswire/ -- Kanakaris Communications, Inc. (OTC Bulletin Board: KKRS - news) stated on May 14, 2000, that it is in ``its strongest cash position ever, and ready to take advantage of potential opportunities for expansion and acquisition,'' according to CEO Alex Kanakaris, following the filing of SEC form 10QSB for the 1st Qtr., 2000.
``We are on track with our business plan and have successfully completed the building of our online virtual theater, www.CinemaPop.com. As a result of the foundation we invested heavily in during the first fiscal quarter of 2000, Kanakaris is in a unique position to explore expansion and acquisition possibilities,'' said Kanakaris.
``Because of large audience increases to our web site www.CinemaPop.com over the past six months, as well as the growth of our online content, several positive events for Kanakaris happened subsequent to the close of the Quarter,'' said Kanakaris.
Specifically, Kanakaris cited the following developments which occurred after March 31, 2000:
In April 2000, Kanakaris successfully completed a $3 million funding arranged by the NIR Group.
April 2000 was the first full month where Kanakaris made available its $4.95 monthly subscriptions to CinemaPop.com.
Kanakaris added 80 feature films, TV shows and shorts to its web site.
Currently, Kanakaris is:
Completing development of its Movie Partner Program which will provide subscription, pay-per-view and advertising revenue sharing with other web sites. The Company has hired James Golff to manage the program.
Hiring regional sales reps for its Desience computer command center division.
Creating a data base of its Internet audience.
Kanakaris also points out that it is required under SEC guidelines to account for the issuance of restricted stock for consulting services as a bottom line expense the same as if cash was paid out. This means that stated losses in the form 10QSB are larger than cash losses.
``As some of the dot commers become dot goners, Kanakaris is confident that it has staying power and the strength to grow and take advantage of new opportunities,'' stated CEO Alex Kanakaris.
``We have never been a dot com company per se but rather an entertainment content company innovating in direct over-the-Internet delivery of this content. This will become even more clear in coming weeks,'' he added.
About Kanakaris Communications
Kanakaris Communications specializes in the direct delivery of entertainment content over the Internet. Its web sites include www.CinemaPop.com, which offers Hollywood feature films in streaming mvideo, www.CineManiaNetwork.com, which offers Spanish language feature films, and www.NetBooks.com, which offers a wide range of digital-format books.
For information on Kanakaris Communications (www.kanakaris.com) contact: Investor Relations: Colby Marceau, 714-444-0560, 3303 Harbor Blvd. #F-3, Costa Mesa, CA 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 form 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
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