Tuesday, April 03, 2001 12:07:20 PM
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
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