Summus Works, Inc On Tender Offer, Share Buy Back Program
Released on = June 8, 2006, 10:41 am
Press Release Author = Summus Works, Inc.
Industry = Media
Press Release Summary = Summus Works, Inc. (Pink Sheets:SMMW) announced that the Company\'s buy back program could include a tender offer to shareholders, but only at a price per share greater than the \"SqueezeTrigger\" price determined by buyins.net at the time.
Press Release Body = Summus Works, Inc. (Pink Sheets:SMMW) announced that the Company\'s buy back program could include a tender offer to shareholders, but only at a price per share greater than the \"SqueezeTrigger\" price determined by buyins.net at the time.
Company management is considering this option of a tender offer in cooperation with its appropriate credit facilities, but stated that meanwhile its buy back program continues as announced.
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 summus@summusworks.com or Investor Relations: SmallCapVoice.com Stuart T. Smith, 512-267-2430 Info@smallcapvoice.com www.smallcapvoice.com