ClearWorks and TVN Entertainment Corp. Link Up in Unique Digital Cable TV Venture.HOUSTON--(BUSINESS WIRE)--March 24, 1999--ClearWorks Technologies Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB:CWLK) announced today its affiliation with Los Angeles-based TVN TVN Televisión Nacional de Chile (Chilean official TV network) TVN Televisora Nacional (Panamanian TV Network) TVN Total Volatile Nitrogen TVN Telewizja Nowa (Polish TV network) Entertainment Corporation. TVN will provide digital cable TV services to ClearWorks' customers in the nation's first all-digital residential community and eventually nationwide. Earlier this month, ClearWorks announced that it had signed a contract to provide bundled digital services to 1,200 homes in the new Canyon Gate at Northpointe subdivision in Houston. Some of the builders include Centex Homes (NYSE NYSE See: New York Stock Exchange :CTX CTX Context (Management; Tandem) CTX Centex Corporation (stock symbol) CTX Centrex CTX Cyclophosphamide CTX Corporate Trade Exchange CTX Cytoxan CTX Cholera Toxin CTX Clinical Trial Exemption ) and Pulte Homes Pulte Homes, Inc (NYSE: PHM) is a Bloomfield Hills, MI based company founded by Bill Pulte. Pulte is the third largest (by units) builder of homes and residential community developers in the United States according to Builder Magazine's"Builder 100", and is the nation's (NYSE:PHM). Residents in ClearWorks-powered communities get digital cable TV with absolutely no channel limitations and on-demand video rentals. They also get Internet connections at a bi-directional speed of up to 100 megabits per second (unit) megabits per second - (Mbps, Mb/s) Millions of bits per second. A unit of data rate. 1 Mb/s = 1,000,000 bits per second (not 1,048,576). E.g. Ethernet can carry 10 Mbps. , which is 2,000 times faster than with a traditional 56k modem dial-up connection. Residents also get digital telephone service with all the add-ons, such as voice mail, caller ID, etc., as well as closed-circuit security capabilities, a community Intranet and much more, all from one company. The relationship between ClearWorks and TVN enables ClearWorks to provide top quality digital cable TV programming and on-demand movies and entertainment. TVN Digital Cable Television is a turn-key solution for launching digital which delivers up to 35 digital feeds of TVN's near-video-on-demand movies and pay-per-view events, as well as access control, customer service, billing, studio licensing, and technical and marketing support. According to Michael McClere, 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. of ClearWorks Technologies, TVN was chosen to become the long-term provider of digital content in ClearWorks-powered neighborhoods. With this relationship and others like it, ClearWorks offers digital services similar to those offered by major cable TV operators, such as Time-Warner (NYSE:TWX (TeletypeWriter eXchange Service) A U.S. and Canadian dial-up communications service that became part of Telex. In 1971, the Bell System sold TWX to Western Union. TWX transmitted 5-bit Murray code or 7-bit ASCII code at up to 150 bps. See Telex. ), TCI (Trustworthy Computing Initiative) An umbrella term from Microsoft for its efforts to improve security in Windows. TCI was announced in 2002 after viruses such as Code Red and Nimda had succeeded in attacking numerous Windows computers. (Nasdaq:TCOMA), Comcast Corp. (Nasdaq:CMCSA), AT&T (NYSE:T), Cox Communications, (NYSE:COX) and Adelphia Communications (Nasdaq:ADLAC). According to David Sears, TVN's Senior Vice President, Affiliate Sales and Marketing, "TVN is extremely pleased that ClearWorks has chosen TVN's turnkey service for their digital content. Our service is a great match with ClearWorks' unique business concept." ClearWorks anticipates using TVN's digital service as a part of its nationwide expansion. The National Association of Home Builders The National Association of Home Builders (NAHB) is one of the largest trade associations in the United States. Headquartered in Washington, DC, the association organizes one of the largest conventions in North America, The International Builders' Show, which draws more than predicts that 1.5 million new homes are going to be started in 1999 in the U.S. alone. ClearWorks plans to work in cooperation with partners to leverage its proprietary technology and rapidly penetrate the market. "We don't compete with major telecommunications companies which utilize cable to deliver faster Internet access to existing homes," emphasizes McClere. "We focus on building the whole technology infrastructure from scratch while the communities are being built. This is a highly profitable and safe niche market for a company like us." TVN Entertainment Corporation is a leading supplier of digital content and transactional services for the cable and satellite television industries. TVN provides near-video-on-demand entertainment programming and related transactional services for both cable and satellite direct-to-home customers, as well as a digital video-on-demand service for the cable industry. TVN's Web site can be found at www.tvn.com. For more information about ClearWorks Technologies, visit www.clearworks.net or contact Will Hodges of Merger Communications Inc. at 713/267-2328 -- www.mergerusa.com. For more information about TVN Entertainment Corp., call Jenny Benidt of TVN at 818/526-5140. |
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