SOURCE: LoftWerks, Inc.

March 06, 2006 10:00 ET

LoftWerks, Inc. Fires Back: Vows Aggressive Strides to Complete Sulja Merger and Achieve Shareholder Confidence

NASHVILLE, TN -- (MARKET WIRE) -- March 6, 2006 -- LoftWerk's (OTC: LFWK) CEO Dennis Ammerman reiterated today that anyone planning to flout LFWK stock in a shorting position would do so while bearing the full brunt of every available resource aimed to render them mute. "The small exchanges are plagued by this ludicrous and even perilous frenzy of negative influence," said Ammerman. "They've made a mistake this time; one that will cost them a great deal, and open the door to companies that rely solely on public market funding to reclaim their rightful roles of benefactor and driving force of true and accountable shareholder value."

The stock holdings of LFWK insiders currently exceed the number of outstanding shares that the company has issued to date. CEO Dennis Ammerman reiterates, "We must work to squeeze these people out of the way. We will work harder and smarter to put this behind us permanently, and get on with the business of growing businesses and not mounds of stock certificates.

"We are not sure how LFWK stock trades tens of millions of shares each day when our own insiders own millions of shares more than the outstanding shares issued; however, our focus must remain that of commercial viability and not equity market predilections if we are to truly benefit our shareholders and complete the merger with Sulja Bros. Building Supplies, LTD., the primary distribution arm of Consultech Construction Management, Inc. Midwest operations, as planned," said Ammerman.

Sulja Brothers will serve as the centralized and primary distributor of materials for all future projects. A twenty-four year old business, Sulja Bros. has achieved steadily increasing revenues since its inception and now averages over $30M annually. The company also currently has assets totaling more than $25M. It is projected that once Sulja Bros. settles into its new role, revenues could reach the $200M+ within twenty-four months. The increased inventory alone could place the company's assets at over $125M.

This contains forward-looking information within the meaning of The Private Securities Litigation Act of 1995. Forward-looking statements maybe 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.