ClearWorks Changes Corporate Name to Reflect Growth Strategies; ClearWorks.net is New Identity.

HOUSTON--(BUSINESS WIRE)--April 27, 1999--

ClearWorks Technologies Inc. (OTC BB:CLWK) announced today that it has changed its corporate name to ClearWorks.net, effective immediately.

The Houston-based company, incorporated on Oct. 1, 1997, has been pioneering the concept of bundled digital services utilizing Internet technology in residential communities, and has recently expanded into the commercial sector.

ClearWorks.net, a turnkey provider of voice, data and video services, seeks to become the industry leader in integrated voice, data and video solutions, utilizing Internet Protocol (IP) technology. As such, the company anticipates that the use of high-speed, fiber-based solutions focused on the "Last Mile" problem will revolutionize the use of the Internet.

According to ClearWorks CEO Michael T. McClere, "Our new corporate name more accurately reflects where our company is headed with Internet technology. We've positioned ourselves as a provider of integrated digital services to homes and offices, so it seemed appropriate to have our corporate name reflect the focus of our efforts."

Earlier this month, ClearWorks announced that it had reorganized its operations into two wholly owned subsidiaries: ClearWorks Residential Services Inc. and ClearWorks Commercial Services Inc. The residential component, which is actively involved in providing bundled digital services to two new housing developments totaling 2,700 homes in the Houston area, will continue to focus on adding new markets in private residences.

The new commercial services activity, McClere noted, brings the bundled digital concept to office buildings and commercial structures. "We plan to leverage off the infrastructure and expertise we've already developed in the residential market," McClere said, "to develop the enormous potential of our commercial services operation." ClearWorks projects an additional $10 million in revenue from the commercial operation in its first year of business. It also recently announced the acquisition of Archer Mickelson Technologies L.L.C., a fast-growing systems-integration firm in Houston.

ClearWorks.net will continue to trade on the over-the-counter bulletin board market under the stock ticker symbol CLWK.

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. Merger Communications (Merger) is a media relations firm employed by the Company. Statements and opinions presented here represent the views of the Company, not Merger, as the release is based on information provided by the Company. Merger 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. Merger's compensation for its media-relations services consists of a fee and stock. Merger can have a long 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.