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To: Frank A. Coluccio who wrote (5070)	8/30/1999 7:15:00 AM
From: Frank A. Coluccio	Read Replies (1) \| Respond to of 12823

ClearWorks.net Cancels Consulting Agreement With Castle Development, LTD.; Cancellation of Contract Will Guarantee 500,000 Shares Will Not Enter the Market August 30, 1999 HOUSTON--(BUSINESS WIRE) via NewsEdge Corporation -- Houston based ClearWorks.net Inc. (OTC BB:CLWK), today announced that a consulting contract with Castle Development, LTD (Castle) was cancelled as of June 7, 1999. The cancellation of this contract will insure that 500,000 shares of stock (originally issued as options/warrants) have been canceled and now have no possibility of entering the market and diluting the common shares outstanding. ClearWorks.net pre-wires new and existing homes, apartments, schools and commercial building with fiber-optic networks, enabling them to receive the latest computing and telecommunications technology. ClearWorks.net is also a pioneer in the concept of Bundled Digital Services (SM) and providing Fiber To The Home (FTTH) and is on the leading edge of a trend to increase Internet bandwidth to consumers of all types nationwide. New high bandwidth Internet applications such a high-resolution video security systems, IP video streaming, video on demand, and video conferencing will be supported by their fiber-based access. ClearWorks.net's fiber optic Bundled Digital Services, (SM) provides subscribers with Internet connections at a bi-directional speed of up to 100 megabits per second, which is 2,000 times faster that with a 56K modem dial-up connection. They also include digital telephone service with all the features like voice mail and caller ID and digital cable TV with no channel limitations, on-demand video rentals, closed-circuit security capabilities, and a community Intranet. Certain statements in this release are forward-looking. Although ClearWorks.net (the Company) 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. Tech Technology Services, L.L.C. (TTS) is a public relations firm employed by the Company. Statements and opinions presented here represent the views of the Company, not TTS, as the release is based on information provided by the Company. TTS and the Company believe that all information in this release has been obtained from sources considered reliable, but cannot guarantee that the statements presented herein are accurate or complete. TTS and its employees can have a position in the securities of the companies in which it distributes information for media use, and may be buying or selling securities in the course of its regular business. <<Business Wire, 08-27-99, 08:01 Eastern>> CONTACT: Tech Technology Services, L.L.C., Houston \| Glenn Gagnon, 713/334-2595 \| Email: ggagnon@clearworks.net