SOURCE: LoftWerks, Inc.

April 10, 2006 12:17 ET

LFWK Finalizing Sulja Bros. Merger

NASHVILLE, TN -- (MARKET WIRE) -- April 10, 2006 -- LoftWerks, Inc. (OTC: LFWK) today announced that its merger with Sulja Brothers Building Material, Ltd.is proceeding smoothly. All formal agreements should be finalized in the next few days. A company spokesperson has confirmed that a highly regarded Madison Avenue law firm is in the final stages of rendering the executable merger documents, and that both companies have been provided with a Closing Checklist. According to Petar Vucicevich, Director-General of Consultech Construction Management, Inc., the parent company of Sulja Brothers, business is proceeding as if the merger has already been completed. "It's easy to let the nagging technical and legal details of this process slow down the progress of the merger," he said. "However, we see no significant barriers ahead, and we are excited by the opportunities resulting from the combined talents of these two companies."

Vucicevich also announced that revenue projections for Sulja should exceed $50 Million for the first twelve month period following the completion of the merger. The financial reports for Sulja Bros. are available for viewing at www.sulja.com.

This contains forward-looking information within the meaning of The Private Securities Litigation Act of 1995. Forward-looking statements may be identified through the use of words such as "expects," "will," "anticipates," "estimates," "believes," or statements indicating certain actions: "may," "could," "should" or "might occur." Such forward-looking statements involve certain risks and uncertainties. The actual results may differ materially from such forward-looking statements. The company does not undertake to publicly update or revise Its forward-looking statements even if experience or future changes make it clear that any projected results (expressed or implied) will not be realized.