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ClearWorks.net and Eagle Wireless to Merge.


Business Editors & High Tech Writers

HOUSTON--(BUSINESS WIRE)--Aug. 15, 2000

ClearWorks.net (AMEX AMEX

See: American Stock Exchange
:CLW CLW Council for a Livable World
CLW Cloud Liquid Water
CLW Chittaranjan Locomotive Works (India)
CLW Child-Led Weaning
CLW Crystal Lake Wizards (youth wrestling club, Crystal Lake, Ilinois) 
) and Eagle Wireless International (AMEX:EAG EAG - Extended Affix Grammar ) to merge to create broadband telecommunications powerhouse.

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. and Eagle Wireless International and their affiliates and subsidiaries which are not purely historical are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including ClearWorks.net Inc.'s and Eagle Wireless International Incs 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.

For more information on ClearWorks.net, please visit the companys Web site at www.clearworks.net.
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Publication:Business Wire
Date:Aug 15, 2000
Words:176
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