CLWK announces 20 million in funding!
Thursday October 8, 10:00 am Eastern Time
Company Press Release
SOURCE: ClearWorks Technologies
ClearWorks Initiates $20 Million Fund
Raising Effort
ClearWorks to Proceed on Capital Raising Effort to Support Expansion Program
HOUSTON, Oct. 8 /PRNewswire/ -- ClearWorks (OTC Bulletin Board: CLWK - news) announces that it has
initiated a fund raising effort for $20 million in new capital to support the company's expansion program.
ClearWorks has signed a contract with Houston Capital Group to provide $20 million in new funding, which will
enable the company to open remote offices in six major market cities. ClearWorks is a leading provider of
information technology, offering state of the art solutions for voice, data and video communications.
The $20 million in capital will support an expansion effort by ClearWorks into new major market areas. The
company intends to open offices in support of it's residential technology initiatives for providing home automation
and consumer voice, data and video products nationwide. ''Our residential programs for home automation and voice,
data and video are truly unique'' stated Mr. McLeroy, President of ClearWorks. ''With this capital we will take the
next step in providing solutions to other major market areas''.
Houston Capital Group under contract with ClearWorks will provide the $20 million in new capital. ''We are pleased
to have an opportunity to work with ClearWorks'' stated Candy Hightower the company's President. ''We are
excited about the opportunity to be of help in providing funding for the technology of the future, today.''
This release contains certain forward-looking statements which involve known and unknown risks, uncertainties or
other factors not under the company's control which may cause actual results, performance or achievements of the
company to be materially different from the results, performance, or other expectations implied by these
forward-looking statements. For more information, contact Michael T. McClere at (281) 999-5511; or at
mmcclere@clearworks.net. ClearWorks Technologies, Inc., 505 N. Belt Suite 140, Houston, Texas 77060.
SOURCE: ClearWorks Technologies
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