ClearWorks Chooses Xylan to Power All-Digital Network, Delivering Voice, Video and Data Directly to Consumers.HOUSTON--(BUSINESS WIRE)--May 4, 1999-- ClearWorks.net (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB:CLWK) and Xylan xylan /xy·lan/ (zi´lan) any of a group of pentosans composed of xylose residues; major structural constituents of wood, straw, and bran. Corp., an Alcatel company (NYSE NYSE See: New York Stock Exchange :ALA), today jointly announced that they have finalized See finalization. an agreement for Xylan to provide key infrastructure components to enable the delivery of all-digital video, voice and data services over a fiber-optic backbone to communities where ClearWorks is pioneering the concept of bundled digital services. Under terms of the agreement, Xylan's advanced OmniSwitch will be used as the network backbone switch for ClearWorks' first of its kind all-IP (Internet Protocol See Internet and TCP/IP. (networking) Internet Protocol - (IP) The network layer for the TCP/IP protocol suite widely used on Ethernet networks, defined in STD 5, RFC 791. IP is a connectionless, best-effort packet switching protocol. ) consumer networks, delivering voice, Internet access See how to access the Internet. , television, video on-demand and cable service over a single fiber to the home. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. ClearWorks CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Michael T. McClere, "One of the reasons we selected Xylan's OmniSwitch for delivery of bundled digital services is that it offers flexibility that future-proofed the infrastructure, so that ClearWorks can continue to add new services to meet future customer demands." ClearWorks works with developers to build fiber-optic networks in residential communities for the delivery of all-digital voice, video and data. It also pre-wires every home to support a full range of bundled digital services, including Internet connections at a bi-directional speed of up to 100 megabitd routed connections between each home and outside services such as the Internet, public telephone system andthis network design, providing the bandwidth necessary to offer all services, the flexibility needed to plan for future service offerings and technical expertise to fully integrate the variety of services offered by the Xylan platform. ClearWorks is already installing its package of bundled digital services in two new communities in the Houston area: the 1,500-home development known as Canyon Gate at Cinco Ranch west of Houston, and the 1,200-home Canyon Gate at Northpointe development north of Houston. The first 100 homes in the Cinco Ranch subdivision have already been occupied. "We plan to explore the use of VLANs to offer our homeowners a fast, secure link to their business offices, to make extended telecommuting telecommuting, an arrangement by which people work at home using a computer and telephone, transmitting work material to a business office by means of a modem and telephone lines; it is also known as telework. possible," says McClere. ClearWorks recently announced that it has reorganized re·or·gan·ize v. re·or·gan·ized, re·or·gan·iz·ing, re·or·gan·iz·es v.tr. To organize again or anew. v.intr. To undergo or effect changes in organization. its operations into two wholly owned subsidiaries Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. -- ClearWorks Residential Services Inc. and ClearWorks Commercial Services Inc. The residential entity will continue to develop the concept of bundled digital services in housing communities, while the new commercial services activity will bring the concept to office buildings and commercial structures. According to McClere, "We can leverage off the infrastructure and experience we've already developed in the residential market to develop the enormous potential of our commercial services company." ClearWorks projects an additional $10 million in revenue from the commercial operation in its first year of business and also announced the acquisition of Archer Mickelson Technologies L.L.C., a fast-growing systems-integration firm in Houston. For more information on ClearWorks, visit http://www.clearworks.net or contact David Drake
About Xylan Xylan, an Alcatel company, is one of the fastest-growing internetworking companies in history. For enterprise customers, and software. For service providers, Xylan buid data solutions to established and new carriersww.alcatel.com. For more information on Xylan, call Peter Benedict at 818/878-4693 or e-mail at peter.benedict@xylan.com. Certain statements in this release are forward-looking. Although ClearWorks.net Inc. (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. Xylan and OmniSwitch are trademarks of Xylan Corporation registered in the U.S. Patent and Trademark Office. |
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