Summus Works, Inc Orders Current NOBO Information for Direct and Indirect Owner Analysis
Released on = October 13, 2006, 8:55 am
Press Release Author = Summus Works, Inc.
Industry = Media
Press Release Summary = Summus Works, Inc. (PINKSHEETS: SMMW) announced the Company has ordered the latest NOBO information for analysis in the Company\'s ongoing VVV Initiative: Value.
Press Release Body = Management elaborated that it relies on current NOBO information to monitor shifts in shareholder positions, verify (non-objecting) beneficial owner and institutional positions, and collate NOBO provided data with that of other Company sources including the Company\'s transfer agent.
Management stressed that this information is particularly vital to the Company\'s efforts to identify and hinder failures to deliver with beneficial owners known to hold their positions in certificate form or otherwise as direct beneficial owner. \"The use and disclosure of this information increase the Company\'s visibility and emphasize our resolute determination to increase shareholder value through the fair and proper market valuation of our stock,\" reiterated Summus Works President, Dan Burgess.
Summus Works, Inc. (PINKSHEETS: 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://
Contact Details = Company Contact: Summus Works, Inc. Dan Burgess 888-607-9495 Email Contactwww.summusworks.com
Investor Relations: Stuart T. Smith 512-267-2430 Email Contactwww.smallcapvoice.com