Press Release

ClearNow, Inc. to Exhibit at the MrLandlord.com 2002 National Convention

Durham, NC, May 1, 2002 - ClearNow, Inc. is pleased to announce it will exhibit its automatic rent collection service, ClearNow, at the MrLandlord.com 2002 National Convention in St. Louis, MO. On May 16, 2002 and May 17, 2002, property management companies attending the convention will have the opportunity to learn more about ClearNow - the service that enables rental property managers to collect rent automatically from residents using direct deposit. ClearNow, Inc. is the pioneer in easy-to-administer Web-based Automated Clearing House (ACH) payment solutions for the rental housing market.

As the number one site for rental owners, MrLandlord.com (www.MrLandlord.com) answers questions and connects property managers to every resource and service that is needed for success with rental property management. In addition to its various services and tips, MrLandlord.com publishes a newsletter containing first-hand lessons learned and tips for success.

According to Justin Yung, Vice President of ClearNow, Inc., "To exhibit at the MrLandlord.com National Convention is a tremendous opportunity to closely interact with property managers and educate them on the value and cost-effectiveness of collecting rents via ClearNow." "One of our goals is to help rental property owners and managers save time and money, and our service enables them to realize savings with regards to collecting rents." ClearNow eliminates trips to the bank, provides owners and managers with faster access to funds, and relays prompt notification of residents who have paid.

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

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