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SMMW
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June 8, 2006 - 3:03 PM EDT
Summus Works, Inc. Announces Retirement of 600,000,000 Shares of Outstanding Common Stock
Summus Works, Inc. (OTC:SMMW) announced the Company has retired six hundred million shares of outstanding common stock, to be returned to the Company's transfer agent and cancelled.
Summus Works, Inc. (OTC:SMMW) 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.
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.
Summus Works, Inc.
Dan Burgess, 888-607-9495
summus@summusworks.com
www.summusworks.com
or
Investor Relations:
Stuart T. Smith, 512-267-2430
www.smallcapvoice.com
Source: Business Wire (June 8, 2006 - 3:03 PM EDT)
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