Golden Triangle Industries Inc. Announces Consulting Contract Signed
SUGAR LAND, Texas--(BUSINESS WIRE)--Nov. 9, 1998--Golden Triangle Industries Inc. (NASDAQ:GTII - news) of Sugar Land, announced that the company has signed a contract with ClearWorks Technologies Inc. [OTC BB:CLWK - news] for consulting services.
GTII will receive 75,000 shares of ClearWorks Technologies Inc. of which GTII will give a majority of this stock to our shareholders as a form of stock dividend. Any GTII shareholder as of Nov. 13, 1998, (''the record date'') will receive 1 share of ClearWorks Technologies Inc. for every 15 shares (common or preferred) of GTII.
For additional information about GTII, please contact Glenn Gagnon at 281/565-7300.
ClearWorks Technologies Inc.
ClearWorks Technologies Inc. (CLWK) of Houston, founded in 1997, is a full service provider of client/server information technology products, services and support. The company makes information technology services, which include the delivery of computer hardware, software, and services to provide turn key solutions to its customers in a client/server environment.
Integration services include solutions for voice, data and video and involve systems consulting, design, installation, testing and on going support for a broad range of solutions based on open systems computer networks consisting of mainframe, minicomputer, microcomputers and client servers.
The company also provides network maintenance, telecommunications services, network monitoring and management services, as well as Internet and Intranet services through its services and support organization.
The company directs its sales, services and support efforts to Fortune 1000 and other large and mid-sized companies in various industries, in the South Central United States. The information technology services market, which includes systems integration, services and support, was estimated to be $33.3 billion in 1993 and is expected to grow to $65.2 billion by 1998.
The company is developing customers in a variety of market verticals including oil and gas, medical, banking and insurance, legal, and government and education. The company has reseller relationships with many industry-leading vendors of information technology products including Cisco Systems, Bay Networks, Netscape, 3Com, Ascend Communications, IBM, Lotus, Microsoft and Banyan.
For additional information concerning ClearWorks Technologies Inc., please contact Michael McClere at 281/999-5511.
Contact:
Golden Triangle Industries Inc., Sugar Land Glenn Gagnon, 281/565-7300 www.goldtri.com or ClearWorks Technologies Inc., Houston Michael McClere, 281/999-5511
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Regards, Jeff |