понедельник, 27 февраля 2012 г.

Kanakaris Wireless Clarifies Relationship With AT&T.

ALISO VIEJO, Calif., May 25 /PRNewswire/ --

Kanakaris Wireless (OTC Bulletin Board: KKRS) clarified that it intends to sell AT&T DSL services to homes and business. In several pieces of correspondence received by Kanakaris Wireless from AT&T, this contract was referred to as a partnering. Among the written references:

1) "By partnering with AT&T to purchase DSL lines in bulk at discounted rates, you'll be able to resell DSL to your customers."

2) "It was so nice speaking with you today regarding partnering with AT&T"

3) "Benefits of partnering with AT&T"

4) "We look forward to partnering with your business."

Kanakaris has now been informed by AT&T that the contract does not represent a partnership.

Kanakaris Wireless looks forward to aggressively selling AT&T DSL services and regrets the misunderstanding over the term partner. Kanakaris Wireless does not believe that this misunderstanding will affect its long-term relationship with AT&T and plans to commence sales of its services immediately.

Kanakaris Wireless has signed a three-year contract to offer AT&T DSL services.

Information on the Kanakaris Wireless Independent Network (KANWIN) services may be viewed online at www.KANWIN.com or www.KanakarisWireless.com . Information on DSL services will go online today. For further information on Kanakaris Wireless (www.CinemaPop.com) please call Shareholder Relations: Colby Marceau, 714-444-0560. For media interviews only contact 310-345-9291.

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.

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