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Summus Works, Inc. (SMMW) SqueezeTrigger Price is $0.0002

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Mugsy5   Thursday, 05/11/06 10:49:14 AM
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Summus Works, Inc. (SMMW) SqueezeTrigger Price is $0.0002
Thursday May 11, 9:00 am ET
Approximately 1.96 Billion Shares Shorted Since January 2005 According To Buyins.net Research Report

DENVER--(BUSINESS WIRE)--May 11, 2006--Summus Works, Inc. (Pink Sheets:SMMW - News) today announced that WWW.BUYINS.NET is initiating coverage of Summus Works, Inc. after releasing the latest short sale data to May 2006. From January 2005 to May 2006 approximately 25.5 billion total aggregate shares of SMMW have traded for a total dollar value of nearly $4.6 million. The total aggregate number of shares shorted in this time period is approximately 2 billion shares. The SMMW SqueezeTrigger price of $0.0002 is the volume weighted average short price of all short selling in SMMW. A short squeeze is expected to begin when shares of SMMW close above $0.0002. To access SqueezeTrigger Prices ahead of potential short squeezes beginning, visit http://www.buyins.net.

Month Total Vol. Short Vol. Avg. Price Short $ Value
----- ---------- ---------- ---------- -------------

January '05 2,612,934,144 201,195,929 $0.0004 $80,478
February 906,892,288 69,830,706 $0.0001 $6,983
March 866,452,992 66,716,880 $0.0004 $26,687
April 504,427,520 38,840,919 $0.0002 $7,768
May 1,996,608,512 153,738,855 $0.0001 $15,374
June 2,219,035,904 170,865,765 $0.0001 $17,087
July 2,068,627,072 159,284,285 $0.0001 $15,928
August 1,042,985,472 80,309,881 $0.0001 $8,031
September 415,329,536 31,980,374 $0.0001 $3,198
October 1,659,396,480 127,773,529 $0.0001 $12,777
November 457,292,480 35,211,521 $0.0001 $3,521
December 260,662,464 20,071,010 $0.0001 $2,007
January '06 705,727,424 54,341,012 $0.0001 $5,434
February 1,097,842,688 84,533,887 $0.0002 $16,907
March 2,895,331,328 222,940,512 $0.0002 $44,588
April 1,674,135,552 128,908,438 $0.0002 $25,782
May 4,098,317,568 315,570,453 $0.0002 $63,114

Total: 25,481,999,424 1,962,113,956 $0.0002 $355,665

-short volume is approximated using a proprietary algorithm.

-average short price is calculated using a volume weighted
average short price.

-short volume is the total short trade volume and does not
account for covers.

About Summus Works, Inc.

Summus Works, Inc. (Pink Sheets:SMMW - News) is a multi-media 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.


WWW.BUYINS.NET is a service designed to help bonafide shareholders of publicly traded US companies fight naked short selling. Naked short selling is the illegal act of short selling a stock when no affirmative determination has been made to locate shares of the stock to hypothecate in connection with the short sale. Buyins.net has built a proprietary database that uses Threshold list feeds from NASDAQ, AMEX and NYSE to generate detailed and useful information to combat the naked short selling problem. For the first time, actual trade by trade data is available to the public that shows the attempted size, actual size, price and average value of short sales in stocks that have been shorted and naked shorted. This information is valuable in determining the precise point at which short sellers go out-of-the-money and start losing on their short and naked short trades.

BUYINS.NET has built a massive database that collects, analyzes and publishes a proprietary SqueezeTrigger for each stock that has been shorted. The SqueezeTrigger database of nearly 750,000,000 short sale transactions goes back to January 1, 2005 and calculates the exact price at which the Total Short Interest is short in each stock. This data was never before available prior to January 1, 2005 because the Self Regulatory Organizations (primary exchanges) guarded it aggressively. After the SEC passed Regulation SHO, exchanges were forced to allow data processors like Buyins.net to access the data.

The SqueezeTrigger database collects individual short trade data on over 7,000 NYSE, AMEX and NASDAQ stocks and general short trade data on nearly 8,000 OTCBB and PINKSHEET stocks. Each month the database grows by approximately 50,000,000 short sale transactions and provides investors with the knowledge necessary to time when to buy and sell stocks with outstanding short positions. By tracking the size and price of each month's short transactions, BUYINS.NET provides institutions, traders, analysts, journalists and individual investors the exact price point where short sellers start losing money and a short squeeze can begin.

All material herein was prepared by BUYINS.NET, based upon information believed to be reliable. The information contained herein is not guaranteed by BUYINS.NET to be accurate, and should not be considered to be all-inclusive. The companies that are discussed in this opinion have not approved the statements made in this opinion. Summus Works, Inc. has paid $995.00 to purchase data for information provided in this report. The data service can be cancelled at any time. This opinion contains forward-looking statements that involve risks and uncertainties. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. BUYINS.NET is not a licensed broker, broker dealer, market maker, investment banker, investment advisor, analyst or underwriter. Please consult a broker before purchasing or selling any securities viewed on or mentioned herein. BUYINS.NET will not advise as to when it decides to sell and does not and will not offer any opinion as to when others should sell; each investor must make that decision based on his or her judgment of the market.

BUYINS.NET and SQUEEZETRIGGER are intended for use by stock market professionals. As a member, visitor, or user of any kind, you accept full responsibilities for your investment and trading actions. The contents of BUYINS.NET, including but not limited to all implied or expressed views, opinions, teachings, data, graphs, opinions, or otherwise are not predictions, warranty, or endorsements of any kind. Please seek stock market advice from the proper securities professional, or investment advisor. By visiting BUYINS.NET or using any data or services, you agree to assume full responsibility for the decisions or actions that you undertake. BUYINS.NET, LLC, its owner(s), operators, employees, partners, affiliates, advertisers, information providers and any other associated person or entity, shall under no circumstances be held liable to the user and/or any third party for loss or damages of any kind, including but not limited to trading losses, lost trading opportunity, direct, indirect, consequential, special, incidental, or punitive damages. As a user, you agree that any damages collected shall not exceed the amount paid to BUYINS.NET and/or its owners. As a website user, you agree that any and all legal matters of any kind are to be reviewed and handled in their entirety within the State of California only. By using the services of this website, you are consenting to the terms as outlined, and forfeit all legal jurisdictions in any other State. Past performance is not a guarantee of future outcomes. Any and all examples are hypothetical and should not be considered a guarantee or endorsement of such trading activity. BUYINS.NET does not take responsibility for problems of any kind, including but not limited to issues with operations, data accuracy or completeness, contacting issues, technical issues, and timeliness. BUYINS.NET places great integrity on the data collected and distributed. This information is deemed reliable, but not guaranteed. All information and data is provided "as is" without warranty or guarantee of any kind.

Please seek investment and/or trading advice, council, information or services from a securities professional. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and BUYINS.NET undertakes no obligation to update such statements.

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a companies' annual report on Form 10-K or 10-KSB and other filings made by such company with the SEC.


Summus Works, Inc.
Dan Burgess, 888-607-9495
Investor Relations:
Stuart T. Smith, 512-267-2430
Thomas Ronk, +1-800-715-9999

Source: Summus Works, Inc.

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