Summus Works, Inc Signs LOI to Establish Big Sky, Montana TV Station
Released on = August 15, 2006, 1:07 pm
Press Release Author = Summus Works, Inc.
Industry = Media
Press Release Summary = Summus Works, Inc. (PINKSHEETS: SMMW) announced the Company has signed a letter of intent with KLIP, LLC to establish a cable broadcast affiliate station in Big Sky, Montana.
Press Release Body = The area is home to Big Sky Resort, Moonlight Basin Resort and the Yellowstone Club. Its proximity to Yellowstone National Park and its abundance of recreational opportunities has long made Big Sky the premier destination location in Montana. Out of sixteen ski areas in the state, the Big Sky area resorts account for half of Montana\'s annual skier visits.
Big Sky and Moonlight Basin resorts joined access to both areas last year, and their 5,300 skiable acres comprise the most combined resort accessed terrain in the nation. By 2009 planned expansion will see the Big Sky area surpassing Whistler Blackomb for the most resort terrain in North America.
The Company will receive its channel designation upon the execution of definitive agreements this week.
For more information on Big Sky, Montana, visit www.bigskychamber.com and http://www.mt.gov.
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://summusworks.com
Contact Details = Investor Relations Contact: SmallCapVoice.com Stuart T. Smith 512-267-2430