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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?

To: Ga Bard who wrote (11110)	7/9/1999 10:05:00 AM
From: 2MAR$	Read Replies (1) \| Respond to of 108040

(PR NEWSWIRE) ClearWorks Expands to Las Vegas; Company Establishes New Mar ClearWorks Expands to Las Vegas; Company Establishes New Market in Nevada HOUSTON, July 9 /PRNewswire/ -- ClearWorks.net (OTC Bulletin Board: CLWK) announced today its expansion into Las Vegas, Nevada. ClearWorks expansion into Las Vegas marks the first steps in a nationwide expansion program for the Company. ClearWorks is the nation's leading provider of Fiber To The Home (FTTH) for the delivery of Bundled Digital Services(SM) including high speed Internet connectivity, dial-tone, digital multi-channel video, on-demand video rental and other digital services. "Las Vegas represents a unique market opportunity to deliver Bundled Digital Services(SM) into a high residential growth city. With a rapid developing real estate market and high growth within the school systems, we feel ClearWorks can have significant impact on the Las Vegas market" stated Mr. McLeroy the company's president. "We have evaluated the Las Vegas market for sometime now" added Mr. McLeroy, "and feel that the market is correctly positioned for a company like ClearWorks to be successful." ClearWorks anticipates the new office will generate approximately $4.5 million in new revenues in its first year of operation. The Company plans to aggressively pursue the surrounding metropolitan residential areas, technology for educational entities, and commercial opportunities including Bundled Digital Services(SM) for the hotel and gaming industry. "We also intend to deliver structured wiring into new home development city wide, and to leverage off of our relationships with national builders to help us quickly establish ourselves" stated Mr. McLeroy. ClearWorks has established relationships with home-builders that are having their new homes pre-wired for technology which include: Centex; Pulte; Pulte Classic Series; Royce Homes; Kaufman and Broad; Legacy Homes, a Meritage Corp. company; Michael Thomas; Royce Enclave; Village Builders, a Lennar Corp. company; David Powers; and Local Custom Builders. ClearWorks.net expects to sign similar arrangements with many of Las Vegas' top homebuilders in the near future as well. The statements made by ClearWorks.net are forward-looking in nature. Although ClearWorks.net believes its expectations are based on reasonable assumptions within the bounds of its knowledge of its business and operations, there can be no assurance that actual results will not differ materially from its expectations. ClearWorks.net believes that its primary risk factors include, but are not limited to : the need for substantial financial requirements; the need to develop effective internal processes and systems; the ability to attract and retain high-quality employees; changes in overall economy; regulatory policy; and the mix of product and services offered in the company's target markets. Investor Calls: Michael T. McClere (713) 334-2595 mmcclere@clearworks.net SOURCE ClearWorks.net, Inc. -0- 07/09/99 /CONTACT: Michael T. McClere of ClearWorks.net, Inc., 713-334-2595, or email, mmcclere@clearworks.net/ (CLWK) CO: ClearWorks.net, Inc. ST: Texas, Nevada IN: CPR MLM SU: *** end of story *