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Microcap & Penny Stocks : Clearworks Technologies (CLWK) -- Ignore unavailable to you. Want to Upgrade?

To: SteveR who wrote (436)	10/12/1999 2:54:00 PM
From: SteveR	Respond to of 448

ClearWorks.net Files Responses to SEC Tuesday, October 12, 1999 HOUSTON--(BUSINESS WIRE)--Oct. 12, 1999--ClearWorks.net (OTCBB:CLWKE) is pleased to announce that on Friday, Oct. 8, 1999, the Company filed responses to the most current comments received from the SEC. The amended Form 10 SB/A-2 was filed at approximately 4:30 p.m. Friday and can be obtained by going to freeedgar.com or by visiting the Company's web site at clearworks.net. ClearWorks.net is one of the nation's leading providers 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. "We are very pleased with the response time that our CFO, SEC counsel and corporate counsel were able to provide in replying to the current SEC comments. This is a perfect example of ClearWorks' successful efforts of attracting key personal to ensure that the Company operates at its most efficient level. We are very aware of our shareholders concerns and are responding by having the most qualified and capable professionals in place to solidify the long-term success of the Company," said Michael T. McClere, CEO of ClearWorks.net. ClearWorks.net has made significant progress at Canyon Gate at NorthPointe. The recent opening of the expanded warehouse located in Northwest Houston and the addition of new employees has allowed ClearWorks to increase the number of houses being pre-wired monthly. Fiber lines are being installed at a much more efficient pace and this process should continue to improve as additional personnel are in place. The Company anticipates revenues from subscribers coming on-line to significantly increase by the year-end. 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. CONTACT: Tech Technology Services L.L.C., Houston Glenn Gagnon, 713/334-7778 E-mail: ggagnon@clearworks.net Quote for referenced ticker symbols: CLWKE © 1999, Business Wire