Alex Kanakaris, CEO Of Kanakaris Communications, To Be Interviewed by Caspar Weinberger -- Chairman of Forbes and Former Secretary of Defense -- and Vinton Cerf -- Founder of the Internet -- on World Business Review, to Present The Kanakaris Creative and Business Vision for The Internet; Worldwide T.V. and Internet Exposure Scheduled for Latest Edition of Acclaimed National T.V. Series With Special Co-Host Vinton Cerf and Special Guest Alex Kanakaris.

NEWPORT BEACH, Calif.--(BUSINESS WIRE)--March 29, 1999--Kanakaris Communications Inc. (OTC BB:KANA) Monday announced that World Business Review, a national T.V. series hosted by Caspar Weinberger, chairman of Forbes Magazine and former Secretary of Defense under President Ronald Reagan, and guest co-hosted by Vinton Cerf, founder of the Internet, will feature a 7 minute one-on-one interview with CEO Alex Kanakaris.

The show will tape in Washington, D.C. on April 6 and will reach an international audience through CNBC (as paid programming), Public Television, PBS The Business Channel, Knowledge TV, America's Voice and additional distribution to be announced, with a potential audience of over 70 million T.V. households in the United States and over 100 million internationally.

Alex Kanakaris will outline his business and creative vision for the Internet in a discussion with Weinberger and Cerf, and will discuss Internet plans for Kanakaris Communications, Inc.

Caspar Weinberger stated, "World Business Review is a new arena to exchange ideas and information, to form strategic alliances and working partnerships, to usher in the age of the global workplace, all in a powerful program that brings out the best and brightest in the business world."

"I believe Kanakaris has an exciting story as commerce heads into the twenty first century," stated Adam Dubner, executive VP of programming, World Business Review, who helped organize the program.

Jeff Hall, owner of Brentwood Media Group; former President, Los Angeles Times, Valley and Ventura editions, and former White House fellow stated, "The powerful Internet insight of Alex Kanakaris has been obvious to me as I have known and worked with him over the past few years. It is exciting to see Kanakaris Communications reach this new plateau in exposure and recognition, as I've always believed that given the opportunity, Kanakaris would emerge as a world Internet visionary."

Previous guests on World Business Review have included Rick Roscitt, president & CEO, AT&T Solutions; Alfred Berkeley III, president, NASDAQ Stock Market, Inc.; as well as executives of Microsoft Corporation, ORACLE, Dell Computer Corporation, Compaq Computer Corporation, Lucent Technologies and Cisco Systems.

Caspar Weinberger is the chairman of Forbes Magazine and his many business and political achievements include serving as United States Secretary of Defense for President Ronald Reagan from 1980 to 1987; chairman of the Federal Trade Commission, Director of the Office of Management and Budget and Secretary of Health, Education and Welfare (all under President Nixon) and he has served as Chairman of the Board of the USA-ROC Economic Council, Director of PepsiCo, Inc., Quaker Oats Co. and the Bechtel Group.

He was also a member of the Trilateral Commission, practiced law from 1959 to 1968 and served as Counsel to the international law firm of Rogers and Wells. He began his career as a member of the California legislature, where he served three consecutive terms, and was voted the most effective member by a poll of California newspaper correspondents.

Vinton Cerf is the senior vice president for Data Architecture, Engineering Division, MCI WorldCom Communications. He is known as the "founding father of the Internet" and received the U.S. National Medal of Technology from President Clinton. He was the co-developer of the computer networking protocol, TCP/IP, widely used for communications between diverse data networks known collectively as the Internet.

His other credits include: President, Internet Society, 1992-95; Former Vice President, Corporation for National Research Initiatives; Former Program Manager & Principal Scientist, U.S. Defense Advanced Research Projects Agency; Former Assistant Professor, Electrical Engineering/Computer Science, Stanford University. Cerf has a PhD. and M.S. in Computer Science, University of California, Los Angeles, and a B.S. in Math, Computer Science, Stanford University.

Alex Kanakaris is the CEO of Kanakaris Communications, and was a published writer from an early age. He has been editor-in-chief of such publications as Video Swapper, Video Entertainment, New Talent Streetscene and L.A.>POP. He was involved in marketing for a large consumer electronics company and the world's largest costume jewelry company. He became a stockbroker for Dean Witter to enhance his business knowledge in preparation for leading a public company.

Kanakaris created innovative web sites including www.cyberpop.com and www.NetBooks.com, and has been an early user of streaming audio and video technology.

Among his other achievements at Kanakaris Communications have been the delivery of the first full-length motion picture over the Internet with no download time, in December 1995 (in conjunction with XING Technology), the acquisition of the Desience Corporation, a strategic alliance with ION Systems Inc. for proprietary online book delivery technology, working relationships with the Xybernaut Corporation (Nasdaq:XYBR) and the American Benefits Group (OTC BB:ABFG), and the creation of such Kanakaris trademarks and business concepts as the Internet LifeStyle Network and GoGoliath.Com.

He is the author of "The Internet LifeStyle: Quotations from Chairman Kanakaris," being published in 1999. He is known for a tireless workstyle and devotion to his craft, and a recent Internet posting jokingly referred to the name Kanakaris being Greek for "the man who never sleeps."

Further details on T.V. and Internet scheduling of the World Business Review program will be announced by Kanakaris as they become available. World Business Review is directed by 6-time Emmy award winner Alan Levy.

Kanakaris Communications is publicly traded on the OTC Bulletin Board and the Frankfurt Stock Exchange. For further information on Kanakaris Communications (www.kanakaris.com), contact Colby Marceau, Director of Public/Investor Relations, at 714/444-0560; fax: [phone]; e-mail: [e-mail]; 3303 Harbor Blvd. No. 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," "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.

Note to Editors: In the 12th paragraph which begins, "Alex Kanakaris is the CEO of Kanakaris Communications ... " second sentence, there appears between the words, "L.A" and "POP" a "greater than" symbol. This symbol may not appear properly on all systems.