Richard Ruben Joins Board of Directors for Summus.RALEIGH, N.C. -- Summus, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). : SMMU SMMU Second Military Medical University (Shanghai, China) SMMU Source Measurement Multiplex Unit ), a leading provider of mobile media applications that optimize the consumer wireless experience, today announced that Richard Ruben has been appointed to the company's board of directors. Mr Ruben has served as a consultant with the company since November 2005, assisting with strategic business development and other activities. Mr. Ruben brings to the Board over 20 years of experience helping companies grow strategically within the communications, technology, wireless and entertainment industries. Mr. Ruben most recently served as CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Wire One Communications, Inc. and had been with that company and its predecessor company V-SPAN, Inc. in a variety of positions from 1999 through April of 2005. Prior to that time, Mr. Ruben's experience included roles as president of Comcast-Spectacor, Inc. and Spectacor, Inc. from 1994 to 1997, and a variety of positions at Bell Atlantic Corporation from 1986 to 1994 including vice president of planning and CFO See Chief Financial Officer. of Bell Atlantic Mobile from 1990 to 1994. Mr. Ruben holds a law degree and an MBA MBA abbr. Master of Business Administration Noun 1. MBA - a master's degree in business Master in Business, Master in Business Administration from Santa Clara Santa Clara, city, Cuba Santa Clara (sän`tä klä`rä), city (1994 est. pop. 217,000), capital of Villa Clara prov., central Cuba. University and an economics degree from Fairleigh Dickinson University Fairleigh Dickinson University, at Florham-Madison and Teaneck-Hackensack, N.J.; coeducational; incorporated and opened 1942 as a junior college, became a four-year college in 1948 and a university in 1956. . "We are honored that such a prominent industry veteran has joined our board of directors," stated Gary E. Ban, chief executive officer of Summus. "Rich brings a wealth of experience and strong contacts within the wireless and entertainment industries. As a consultant and board member, his industry knowledge and relationships will be instrumental as we expand our market share through new carrier relationships and branded-content partners. We also look forward to benefiting from his merger and acquisition experience as we evaluate potential acquisition candidates to complement our organic growth." About Summus Summus is a leading provider of mobile media applications that optimize the consumer wireless experience. Summus partners with leading content brands to develop compelling and unique wireless applications and content for the mobile phone, focused within the most popular areas of growth, including photo-messaging, multi-player games, news/information and personalization. Summus currently offers an ever-growing list of 32 mobile phone applications deployed through 45 major wireless carriers or distribution partners in the U.S. and abroad. Summus designs and develops these applications with the industry's most intuitive navigation that is designed for a consistently superior user experience. For more information, see www.summus.com. This press release contains forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. that involve risks and uncertainties concerning Summus' business, products, and financial results. Actual results may differ materially from the results predicted. More information about potential risk factors that could affect our business, products, and financial results is included in Summus' annual report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for the year ended December 31, 2004, and in reports subsequently filed by Summus with the Securities and Exchange Commission("SEC"). All documents are available through the SEC's Electronic Data Gathering Analysis and Retrieval system (EDGAR Edgar or Eadgar (both: ĕd`gər), 943?–975, king of the English (959–75), son of Edmund, king of Wessex. In 957 the Mercians and Northumbrians rebelled against Edgar's brother Edwy and chose Edgar as their king. ) at www.sec.gov or from Summus' web site at www.summus.com. Summus hereby disclaims any obligation to publicly update the information provided above, including forward-looking statements, to reflect subsequent events or circumstances. All trademarks and/or registered trademarks are the property of their respective owners. |
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