Summus Works, Inc. Network Technology Update
Mar 15, 2006 3:00:00 PM
Copyright Business Wire 2006
DENVER--(BUSINESS WIRE)--March 15, 2006--
Summus Works, Inc. (Pink Sheets: SMMW) announced a "VVV" initiative struck to develop and/or license technology that will drastically facilitate the rapid expansion of its cable broadcast subscriber base ("sub base") while enabling its cable affiliates to independently broadcast to satellite locations beyond their immediate cable system. This newly implemented technology will save the Company's cable broadcast division approximately $120,000.00 while forecasted to increase revenues of the same by $600,000.00. Upon execution of definitive agreements, the Company will publicly announce the contracted partnering company.
Summus Works, Inc. is a multimedia holding company with interests in outdoor sports, retail, e-tail, print, web, television and film. For more information on the company or its outdoor sports and media subsidiaries, visit www.summusworks.com.
This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic and business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.
Source: Summus Works, Inc.
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Summus Works
Inc.
Dan Burgess
802-253-0199
summus@summusworks.com
www.summusworks
AI
