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

To: Jim B who wrote (19532)	10/21/1999 10:59:00 AM
From: 2MAR$	Read Replies (1) \| Respond to of 108040

(PR NEWSWIRE) ClearWorks.net Achieves Full Reporting Status ClearWorks.net Achieves Full Reporting Status HOUSTON, Oct. 21 /PRNewswire/ -- ClearWorks.net (OTC Bulletin Board: CLWK) is pleased to announce today that the Company has become fully reporting and will maintain its listing on the OTC BB. The process of responding to SEC comments was finalized today when ClearWorks.net received notification from the SEC that the current Form 10 SB / A-3 had met all requirements necessary to attain full reporting status. The effective registration also ensures that ClearWorks.net meets new National Association of Securities Dealers' policies, which require that companies file and clear a registration document with the SEC as a precondition of eligibility to maintain a quotation on the OTC Bulletin Board. ClearWorks.net is one of the nation's leading provider of Fiber To The Home (FTTH) for the delivery of Bundled Digital Services (sm) which will include high speed Internet connectivity, dial-tone, digital multi-channel video, on-demand video rental and other digital services. "This was a very important step in the continuance of growth for the Company. The industrious work of our CFO, SEC Counsel (Patton Boggs LLC) and corporate counsel was essential in the process of becoming fully reporting and they should be commended. We would also like to take this opportunity to thank our faithful shareholders that remained confident in ClearWorks.net. ClearWorks' competent and skilled management team is in place to lead the Company to achieve the enormous potential that our loyal shareholders recognize," said Michael T. McClere, CEO of ClearWorks.net ClearWorks.net is in the on-going process of establishing relationships with additional developers in the rapidly growing Houston market. The Company has entered into several negotiations with some of the top developers in the Houston market, which if finalized, will give ClearWorks.net a tremendous additional source of long-term revenues. For more information on ClearWorks.net, please visit the Company's Web site at www.clearworks.net. 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 Technologies 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. SOURCE ClearWorks.net -0- 10/21/1999 /CONTACT: investors, Glenn Gagnon of Tech Technologies Services, L.L.C., 713-334-7778, or email, ggagnon@clearworks.net, for ClearWorks.net/ /Web site: clearworks.net (CLWKE CLWK) CO: ClearWorks.net ST: Texas IN: MLM SU: * end of story *