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07/26/07 8:52 AM

#55051 RE: Iggy_Bot #55050

OLD NEWS BUT INTERESTING: Summus Works, Inc. Board Passes Resolution Increasing Par Value of Company Stock
Administrator User <infoSPAMFILTER@highanglemedia.com>
Wednesday November 29 2006

DENVER, CO, Oct 17, 2006

Summus Works, Inc. (PINKSHEETS: SMMW) announced that the Company's Board of Directors passed a resolution to increase the par value of Company common stock to $0.001. The Board stated that the increase in the par value of Company common stock represents its belief that the Company's stock is undervalued.

Management reemphasized its unwavering commitment to its VVV initiative to enhance shareholder value and noted that the increase of the par value will expedite the Company's ability to execute pending and future mergers and acquisitions.