Summus Works, Inc Establishment of Jackson Hole TV Station and Satellite Affiliates Forecasted to Generate $800,00000+ Annual Revenue
Released on = June 8, 2006, 10:26 am
Press Release Author = Summus Works, Inc.
Industry = Media
Press Release Summary = Summus Works, Inc. (Pink Sheets:SMMW) announced its establishment of a cable broadcast affiliate in Jackson Hole, Wyo., is forecasted to generate more than $800,000.00 in annual revenue to be generated by a local origination cable broadcast station and its satellite affiliates.
Press Release Body = Summus Works, Inc. (Pink Sheets:SMMW) announced its establishment of a cable broadcast affiliate in Jackson Hole, Wyo., is forecasted to generate more than $800,000.00 in annual revenue to be generated by a local origination cable broadcast station and its satellite affiliates. The Company has executed definitive agreements with Bresnan Communications to establish a cable broadcast affiliate TV station in Jackson Hole, Wyoming.
Legendary for its skiing, Jackson Hole Resort boasts the most sustained vertical rise in the lower 48 states (4,139 feet), but with no income tax, the real estate market of Wyoming\'s Teton County - and most notably Jackson Hole - has experienced a huge surge since the nineties. Picked the \"best county to establish residency\" for seven years by Bloomberg\'s Wealth Manager, Teton County has ranked first or second among the nation\'s 3,140 counties in adjusted household income since 1999, according to the Internal Revenue Service. The county also ranks #1 in the U.S. regarding indicators of the dependence of the economy on construction; in 2004, real estate transactions topped a record $900 million compared to $700 million in 2000. For more information, visit www.jacksonholechamber.com.
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.
Contact Information: Summus Works, Inc. Dan Burgess, 888-607-9495 summus@summusworks.com or SmallCapVoice.com Stuart T. Smith, 512-267-2430 Info@SmallCapVoice.com
Web Site = http://summusworks.com
Contact Details = Dan Burgess PO box 1547 Stowe VT 05676 802-253-0199