Summus Works, Inc to Buy Back up to 4 Billion Shares of Company Stock
Released on = June 8, 2006, 10:35 am
Press Release Author = Summus Works, Inc.
Industry = Media
Press Release Summary = Summus Works, Inc. (Pink Sheets:SMMW) announced it is initiating a share buy back program and will buy back up to four billion shares of Company stock.
Press Release Body = Summus Works, Inc. (Pink Sheets:SMMW) announced it is initiating a share buy back program and will buy back up to four billion shares of Company stock.
\"The initiative shows our firm belief that SMMW\'s current share price doesn\'t adequately reflect the value and long term prospects of the company\'s businesses,\" said Summus Works President Dan Burgess.
Summus Works, Inc. (Pink Sheets: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.
Web Site = http://summusworks.com
Contact Details = Contact Information: Summus Works, Inc. Dan Burgess, 888-607-9495 firstname.lastname@example.org or Investor Relations Contact: SmallCapVoice.com Stuart T. Smith, 512-267-2430 Info@Smallcapvoice.com