|Interesting PR saying that KKRS's secure payment doesn't need separate hardware to operate such as is needed by the competition:|
November 14, 2001 09:10
AKPAY System Of Kanakaris Wireless To Enter Online Transaction Market With No Need For Separate Device And Global, Multi-Platform Compatibility Secure ATM Payment Gateway Will Not Depend On Purchase Of New Equipment By Consumers Or Licensing By Computer Makers
Kanakaris Wireless (OTC BB: KKRS) announced today that the first Secure Online ATM Payment Gateway using an ATM bank account (debit account) will have an important advantage over competing secure payment systems. Unlike other new secure payment systems being introduced that have generated interest, AKPAY(TM) will provide secure debit transactions without requiring a new piece of hardware. This important feature will ease speed of introduction and the increase dramatically the potential market size for this new Kanakaris Wireless revenue source.
AKPAY will include the following attributes over certain competitive products which are being introduced:
-- Works without requiring consumer to buy a transaction device
-- Works without requiring computer makers to license technology
-- Works globally
-- Works on multiple Internet enabled platforms, including PocketPCs
-- Virtually eliminates charge backs by customers who view entertainment or gaming online and then decide not to pay
-- Can be licensed online at AK.TV and be up and running in short time period
-- Utilizes the banking network and Secure Internet Transaction technology
Kanakaris Wireless will market AKPAY to be used on retail, entertainment and gaming we sites worldwide. The Company is planning to complete private online Beta tests of AKPAY in the first week of December and then announce a launch date for the breakthrough product.
For more information on Kanakaris Wireless products go to kanwin.com (Cyber division) or www.Desience.com (Mortar division). To watch AK.TV go to http;//www.AK.TV with any Internet enabled device. For shareholder relations or to arrange news coverage contact Colby Marceau 949/716-9397.
Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995.
With the exception of historical information, the matters discussed in this news release are forward-looking statements that involve a number of risk and uncertainties...