Summus Works, Inc (SMMW) SqueezeTrigger Price Is $00016; Approximately 4 1 Billion Shares Shorted Since January 2005 According to Buyins net Research Report

Released on = August 15, 2006, 1:43 pm

Press Release Author = Summus Works, Inc.

Industry = Media

Press Release Summary = www.buyins.net is reiterating coverage of Summus Works, Inc.
(PINKSHEETS: SMMW) after releasing the latest short sale data to August 2006.

Press Release Body = www.buyins.net is reiterating coverage of Summus Works, Inc.
(PINKSHEETS: SMMW) after releasing the latest short sale data to August 2006. From
January 2005 to August 2006 approximately 53.9 billion total aggregate shares of
SMMW have traded for a total dollar value of nearly $8.6 million. The total
aggregate number of shares shorted in this time period is approximately 4.1 billion
shares. According to July 10th Total Short Interest, there are 49.82 million shares
that have been shorted, but not yet covered. Because brokerage firms are only
required to disclose what they are short on one day of the month, the average amount
of Total Short Volume in stocks is approximately 20 times (20 trading days vs. 1
trading day) the disclosed Total Short Interest figure. In some cases, BUYINS.NET
has seen Total Short Volume higher by as much as 100 times the disclosed increase in
Total Short Interest for that given month. The SMMW SqueezeTrigger price of $0.00016
is the volume weighted average short price of all short selling in SMMW. A short
squeeze began when shares of SMMW closed above $0.00016.

Month Total Vol. Short Vol. Avg. Price Short $ Value

May 8,349,482,276 642,910,135 $0.00014 $90,007
June 14,705,165,422 1,132,297,737 $0.00014 $158,522
July 7,703,771,604 593,190,414 $0.00016 $94,064
August 1,720,459,400 132,475,374 $0.00020 $26,495

Total: 53,862,560,558 4,147,417,163 $0.00016 $661,639

* short volume is approximated using a proprietary algorithm.
** average short price is calculated using a volume weighted average short
price.
*** short volume is the total short trade volume and does not account for
covers.
About Summus Works, Inc.

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.

About BUYINS.NET

WWW.BUYINS.NET is a service designed to help bonafide shareholders of publicly
traded US companies fight naked short selling. Naked short selling is the illegal
act of short selling a stock when no affirmative determination has been made to
locate shares of the stock to hypothecate in connection with the short sale. All
material herein was prepared by BUYINS.NET, based upon information believed to be
reliable. The information contained herein is not guaranteed by BUYINS.NET to be
accurate, and should not be considered to be all-inclusive. The companies that are
discussed in this opinion have not approved the statements made in this opinion.
Summus Works, Inc. has paid $2,985.00 to purchase data for information provided in
this report.

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 = Contact:
Investor Relations Contact:
SmallCapVoice.com
Stuart T. Smith
512-267-243

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