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SyCoNet.com Announces Alliance With Kanakaris; Company grants Kanakaris exclusive online Anime book and film distribution rights.


MANASSAS, Va.--(BUSINESS WIRE)--Nov. 1, 1999--

SyCoNet.com, Inc. (OTC OTC

See: Over-the-counter.


OTC

See over-the-counter market (OTC).
 BB:SYCD), the leading U.S. distributor of Anime an·i·me  
n.
A style of animation developed in Japan, characterized by stylized colorful art, futuristic settings, violence, and sex.



[Japanese, short for anim
 (Japanese animated) videos and DVDs, today announced that it has formed an alliance with Kanakaris Communications, Inc. (OTC BB:KKRS) to license and distribute Anime films and books for exclusive online direct over-the-Internet delivery. Kanakaris will offer the books at NetBooks.com with secure proprietary technology and the animated videos at NetMovieMania.com with Microsoft Windows See Windows.

(operating system) Microsoft Windows - Microsoft's proprietary window system and user interface software released in 1985 to run on top of MS-DOS. Widely criticised for being too slow (hence "Windoze", "Microsloth Windows") on the machines available then.
 Media Technology.

"The alliance of Kanakaris and SyCoNet.com means that some of the most popular animated videos and books in the world today will be available for the first time over the Internet. Thanks to Kanakaris' popular and secure website delivery, we intend to offer all our properties, building on the audience base that has been created with the Pokemon(R) video series," stated Sy Picon, chief executive officer of SyCoNet.com.

"SyCoNet.com and Kanakaris will share revenue, which will include advertising, monthly subscriptions, and individual pay-per-view related to these properties," Sy Picon added.

The SyCoNet.com and Kanakaris Communications alliance occurs at a time when short film features are emerging as a popular form of online delivery. Anime soundtracks are a $500 million market in Japan. Imports to the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area.  are premium priced at over $30 per soundtrack and represent approximately $15 -18 million in annual sales. Anime represents significant additional annual sales.

The films may be viewed in full screen audio and video and the books may be viewed with several enhanced features, with links from the Kanakaris Entertainment Web portal See portal.  site www.kkrs.net.

For further information on Kanakaris Communications visit www.kanakaris.com or contact Colby Marceau, Director of Public/Investor Relations, 3303 Harbor Blvd., No. F-3, Costa Mesa Costa Mesa (kŏs`tə mā`sə), city (1990 pop. 96,357), Orange co., S Calif., on the Pacific south of Santa Ana; inc. 1953. It is a transportation, residential, and light industrial center. , CA 92626; telephone: 714-444-0560; fax: 714-549-8970; or email at info@kanakaris.com.

SyCoNet.com, Inc., formerly SyCo Distribution, Inc., distributes Anime Japanese animated movies, including the enormously popular Pokemon(R) video series, multimedia games and software, DVDs, CDs, toys, apparel, and related merchandise to over 1,000 wholesale and retail accounts nationwide through two high-traffic websites, a catalog catalog, descriptive list, on cards or in a book, of the contents of a library. Assurbanipal's library at Nineveh was cataloged on shelves of slate. The first known subject catalog was compiled by Callimachus at the Alexandrian Library in the 3d cent. B.C. , and direct sales campaigns Noun 1. sales campaign - an advertising campaign intended to promote sales
ad blitz, ad campaign, advertising campaign - an organized program of advertisements

sales campaign ncampaña de venta 
. For more information on purchasing the Internet's lowest priced Anime videos, see www.altvidwar.com.

This press release contains forward-looking statements forward-looking statement

A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections.
. Investors are cautioned that such forward-looking statements involve risk and uncertainties, including without limitation, continued acceptance of the Company's products, increased levels of competition for the Company, new products and technological changes, the Company's dependence on third-party suppliers, intellectual property rights, and other risks detailed from time to time by the Company in reports and releases.

Also see www.otcfn.com/sycd, www.altvidwar.com, and www.sycodistribution.com
COPYRIGHT 1999 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1999, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Nov 1, 1999
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