SOURCE: Summus Works, Inc.

July 31, 2006 05:56 ET

Summus Works, Inc. Announces New Transfer Agent: Executive Registrar & Transfer, Inc.

DENVER, CO -- (MARKET WIRE) -- July 31, 2006 -- Summus Works, Inc. (PINKSHEETS: SMMW) announced that in addition to engaging Jack Donnelly (President, Executive Registrar & Transfer, Inc.) to initiate his anti-abusive short selling program on behalf of Summus Works, Inc., Executive Registrar & Transfer, Inc. has also been engaged as the Company's Stock Transfer Agent.

The Company initially engaged Donnelly in its VVV initiative to increase shareholder value, citing "the recent success of Executive's involvement with other Companies sharing similar objectives."

Management also emphasized its confidence in the Company's VVV Awareness policy, noting the continuing success of such initiatives to increase visibility and volume, complete pending and future acquisitions, and enhance shareholder value through Company growth and price per share appreciation.

Summus Works, Inc. (PINKSHEETS: SMMW) is a multimedia 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.

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