ClearNow Continues Steady Nationwide Growth

ClearNow, Inc., the pioneer in easy-to-administer Web-based Automated Clearing House (ACH) payment solutions for the rental housing market, reports that its automatic rent collection service, ClearNow, currently serves landlords and property managers in 22 states.

FOR IMMEDIATE RELEASE:

CONTACT:
Ryowon Kim
ClearNow, Inc.
Tel: (919) 680-4500
Fax: (919) 680-4700
Ryowon@ClearNow.com
www.ClearNow.com

ClearNow Continues Steady Nationwide Growth

Durham, NC, August 15, 2002 -- ClearNow, Inc., the pioneer in easy-to-administer Web-based Automated Clearing House (ACH) payment solutions for the rental housing market, reports that its automatic rent collection service, ClearNow, currently serves landlords and property managers in 22 states.

ClearNow continues to see growing market acceptance of our service as the ideal way to collect rent. As long as landlords and property managers have access to the Web, and they and their residents have US checking accounts, they can use ClearNow to save time and eliminate headaches," declares Justin Yung, Vice President of ClearNow, Inc.

ClearNow makes automatic payments a very easy-to-use and reliable method for collecting rent. Once set-up, rents are automatically withdrawn from residents checking accounts and directly deposited into the landlords or property managers checking account. With ClearNow, landlords and property managers save time, reduce the chance for late payments, and offer exceptional resident convenience.

To learn more, visit www.ClearNow.com.

For more information on ClearNow, please contact:
Ryowon Kim
Tel: (919) 680-4500
Ryowon@ClearNow.com

# # #