Kanakaris Plans To Use AT&T's a2b Music Technology As part Of World's First Combination Internet Record Label/Distributor and 24-hour Online Music Channel

Business Wire, April 21, 1999

NEWPORT BEACH, Calif.--(BUSINESS WIRE)--April 21, 1999--

Plans Are Unveiled For Cyberpop Internetwork In Opening Portion Of

3-Hour April 21 Webcast

Kanakaris Communications Inc. (OTC BB:KANA - news) Wednesday announced, in the opening portions of a 3-hour Web cast, the world's first combination Internet record label/distributor and 24-hour online music channel.

The online music channel will offer free audio and video to bring exposure to artists and from the same Web site location, plans to sell songs utilizing AT&T's (NYSE:T) a2b music technology, developed by AT&T Labs, as well as offer other technologies.

"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, chief executive officer, Kanakaris Communications. The Cyberpop Internetwork will be site of this multimedia music enterprise.

The company will be soliciting new talent and established artists to post material on the site through ads in Billboard, Daily Variety, Hollywood Reporter and Music Connection. Veteran producer Russ Regan's Code Green Records, a division of Music Venture Partners, will be among those whose product will be distributed on the Internet through the Kanakaris Web site.

Kanakaris signed a letter of intent to utilize AT&T's a2b Music Technology on April 21, 1999. Additional technology announcements are being made today on the Kanakaris Web show, being shown in its entirety and archived into segments, at www.kanakaris.com, www.NetBooks.com, www.Cyberpop.com, www.FSChannel.com and www.3rdM.com.

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," "intent 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.