ClearWorks.net appoints Chase as Chief Financial Officer; Leading Fiber To The Home Provider Hires Experienced Financial Manager.

HOUSTON--(BUSINESS WIRE)--Aug. 17, 1999--

ClearWorks.net (OTC BB:CLWK) announced today that it has appointed Carl A. Chase as the company's Chief Financial Officer. Chase will manage the finances, accounting and treasury functions for the company. ClearWorks is the nations leading provider of Fiber To The Home (FTTH) for the delivery of Bundled Digital Services(SM), including high-speed Internet connectivity, dial-tone, digital multi-channel video, on-demand video rental and other digital services.

"Mr. Chase's experience in the public markets and years of financial management and analysis will be a great asset in the growth of our company," stated Michael McClere, CEO of ClearWorks.net. "As ClearWorks continues to pursue its plans for a rapid nationwide expansion, Chase will become an integral part of management team. His in depth knowledge of the acquisition and merger process will be invaluable as we look at strategic acquisitions in the future."

Chase formerly worked as a Chief Financial Officer for Bannon Energy Inc., helping the company to enter capital markets, retire debts and produce capital for new projects. Earlier at Bannon, he also served as Chief Accounting Officer, where he developed reporting systems and analysis of potential acquisitions and merger candidates. Chase received his Bachelor of Accountancy from the University of Oklahoma in 1975.

ClearWorks represents a trend to increase Internet and communications bandwidth to consumers nationwide. New high-bandwidth Internet applications such as IP video streaming, video on demand and video conferencing 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.

ClearWorks.net pre-wires new and existing homes, commercial buildings and schools with fiber-optic and other high-capacity cable, enabling them to receive the latest computing and telecommunications technology, including its exclusive package of Bundled Digital Services(SM). ClearWorks.net's Bundled Digital Services(SM) include 100 megabits per second Internet connections, digital local and long distance telephone service with all the add-ons, digital cable TV with absolutely no channel limitations, on-demand video and game rental, closed-circuit security capabilities and a community intranet.

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 and its employees can have a 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.