Summus Solutions N.V.

TSX VENTURE : SS


December 31, 2012 14:12 ET

Summus Solutions N.V. Announces Appointment of Two New Directors

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 31, 2012) - Summus Solutions N.V. (TSX VENTURE:SS) ("Summus" or the "Company") is pleased to announce the appointment of Jerome Hüser as a Director of the Company, effective December 27, 2012. Mr. Hüser has a Preliminary Diploma in Technical Business Administration from the University of Stuttgart and a Degree cum laude of the University of Hohenheim in International Economics. Mr. Hüser currently holds a manager position with DF Demain Finance in Baar, Switzerland, working with a few select clients providing them with administration, new business development, and third party liaising and negotiation services.

The Company is also pleased to announce the appointment of Mr. Stephan Bruehl as a Director of the Company, effective as of December 27, 2012. Mr. Bruehl has a Diploma in Business Administration from the University of Stuttgart. Mr. Bruehl has a wide range of experience as a general manager with companies in the media-, telecoms- and IT-business.

Effective as of December 27, 2012, both Mr. Jan Scheelings and Mr. Evert Meilink have resigned as Directors of the Company. The Board of Directors would like to thank Mr. Scheelings and Mr. Meilink for their valuable contributions as directors of the Company and wishes them much success in their future endeavours.

The Board of Directors of the Company having obtained shareholder approval at the annual general and extra-ordinary meeting held on December 27, 2012, will proceed to migrate the management of the Company from Holland to Switzerland, to the following new address: Lättichstrasse 1a, CH-6340 Baar, Switzerland.

About the Company

Summus is a junior oil and gas exploration and production company focused on identifying and exploiting hydrocarbon opportunities.

On behalf of the Board of Directors

Urs Meisterhans, President

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