ClearWorks.net Appears in Houston Business Journal 2nd Time.Business Editors & Technology Writers HOUSTON--(BUSINESS WIRE)--Dec. 20, 1999 ClearWorks.net (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :CLWK), a fully reporting company, announced today that it has appeared in the Friday, Dec. 17th, 1999, issue of the Houston Business Journal. This marks the second issue of the Houston Business Journal that ClearWorks.net has appeared in the past 4 months. ClearWorks.net is one of the nation's leading providers of Fiber To The Home (FTTH (Fiber To The Home) See FTTP. ) 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. "Once again ClearWorks is recognized for its forward moving business activities. We believe that our business plan is as strong as any company in the technology industry today and we are making outstanding progress implementing that plan. Our vision is to become a household name with the delivery of Bundled Digital Services and will continue to aggressively pursue expansion through investing and acquisitions," said the President of ClearWorks.net Shannon McLeroy. ClearWorks.net, one of the nation's leading providers of Fiber To The Home (FTTH), pre-wires or retrofits commercial buildings, new or existing homes, and multiple dwelling units with fiber optic networks, enabling them to receive the latest computing computing - computer and telecommunications technology. The company's Bundled Digital Services(SM) will include 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. Internet connection, digital local and long distance telephone service with all the add-ons, digital cable TV with no channel limitations, on-demand video and game rental, closed circuit security capabilities and a community intranet. ClearWorks represents a trend to increase Internet and communications bandwidth to consumers nationwide. New high bandwidth Internet applications such as IP video streaming See streaming video and video stream. , video on demand, and video conferencing See videoconferencing. (communications) video conferencing - A discussion between two or more groups of people who are in different places but can see and hear each other using electronic communications. will be supported by its fiber-based access. Because ClearWorks.net is acting in conjunction with homebuilders to pre-wire the new homes they are building, homeowners now have the opportunity to have the same kind of high-tech, commercial quality, technology infrastructure in their homes as they have at work. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Statement Under Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995: The above statements in regard to ClearWorks.net Inc. which are not purely historical are forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. within the meaning of the Private Securities Litigation Reform Act of 1995, including ClearWorks.net Inc.'s beliefs, expectation, hopes or intentions regarding the future. All forward-looking statements are made as of the date hereof and are based on information available to the parties as of such date. It is important to note that actual outcome and the actual results could differ materially from those in such forward-looking statements. Factors that could cause actual results to differ materially include risks and uncertainties such as technological, legislative, corporate and marketplace changes. |
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