Summus Works, Inc Announces Launch of Jackson Hole, WY TV Station
Released on = August 9, 2006, 5:19 pm
Press Release Author = Summus Works, Inc.
Industry = Media
Press Release Summary = ummus Works, Inc. (PINKSHEETS: SMMW) announced the Company\'s broadcast media division will launch its newest cable broadcast affiliate station Jackson Hole TV-66 in late September, 2006 under an agreement with cable provider Bresnan Communications.
Press Release Body = Summus Works, Inc. (PINKSHEETS: SMMW) announced the Company\'s broadcast media division will launch its newest cable broadcast affiliate station Jackson Hole TV-66 in late September, 2006 under an agreement with cable provider Bresnan Communications.
Management also noted that division-wide systems integration including recently announced technology and network developments have positioned the broadcast media wing for strategic and explosive growth throughout other destination locations targeted by the Company through ongoing market analysis.
Jackson Hole has long been a high profile travel destination; legendary for its skiing, Jackson Hole Resort boasts the most 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 state 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.
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://www.summusworks.com
Contact Details = Investor Relations Contact: SmallCapVoice.com Stuart T. Smith 512-267-2430
Company Contact: Summus Works, Inc. Dan Burgess 888-607-9495