Prime Rate Investors, Inc. Reduces Authorized Common Shares, Implements Name Change Released by: Prime Rate Investors, Inc. Web Site: http://www.primerateinvestors.com Prime Rate Investors, Inc. (Pink Sheets:PRRM) announced the Company's number of authorized common sh Email: dan@highangle.com Update Date: 2/18/2006 4:10:32 PM Hits: 392 Descrption:  Prime Rate Investors, Inc. (Pink Sheets:PRRM) announced the Company's number of authorized common shares was reduced to eighty billion shares of common stock. Additionally, the Company released statements yesterday regarding the change of its name to Summus Works, Inc. Updated information regarding the name change, ticker symbol and authorized shares of company common stock will be updated with Pink Sheets, LLC and the Company transfer agent in addition to the State of Delaware accordingly. Effective today, Company business will be conducted under the corporate name Summus Works, Inc., though the ticker symbol will remain "PRRM" until a new symbol is approved according to regulatory procedure. Summus Works, Inc. (Pink Sheets:PRRM) 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. 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