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[QUOTE]Originally posted by eddy: [QB] news out!-----Summus Works, Inc. Engaging Financial Advisor Mar 7, 2006 7:55:00 AM Copyright Business Wire 2006 STOWE, Vt.--(BUSINESS WIRE)--March 7, 2006-- Summus Works, Inc. (Pink Sheets:SMMW) is pleased to announce it is engaging an advisory specialist to assist in the Company's capitalization. In addition to providing specialized financial and advisory services in connection with the Company's current funding and credit facilities, the role will include the responsibility of facilitating the Company's financing of up to $5.5 million in debt and equity. In accordance with the Company's guiding VVV principles, its expansion throughout North American markets necessitates the move, which will inevitably increase the value of its media division's broadcast inventory. "Even with our current funding and financing in place, the opportunities for the Company's expansion ahead invariably warrant the need for such an advisor," said Summus Works' President Dan Burgess. Summus Works, Inc. (Pink Sheets:SMMW) is a multimedia 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 [URL=http://www.summusworks.com.]www.summusworks.com.[/URL] 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. Source: Summus Works, Inc. ---------------------------------------------- Summus Works Inc. Dan Burgess 802-253-0199 summus*summusworks.com [URL=http://www.summusworks.com]www.summusworks.com[/URL] [/QB][/QUOTE]
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