Press Release

ClearNow Adds New Report and Debit Days

Durham, NC, August 7, 2003 - ClearNow, Inc., the leader in easy-to-use electronic rent payments, recently enhanced its service with a new report type and additional debit days.

Its flagship service, ClearNow, enables property managers and landlords to collect rent via direct deposit from tenants. Rent is automatically withdrawn from tenant bank accounts and directly deposited to the property's checking account.

In addition to its annual and monthly payment reports, ClearNow has recently added a new payment report by tenant name. This type of report is especially helpful for managers or landlords who handle lease options or 'rent-to-own' property or who have the need to view a specific tenant's rent payment history.

Additionally, property managers and landlords who enroll to use ClearNow now have the option of debiting tenants on the 1st, 5th, 15th, or 25th of the month. Additional debit days provide enrolled managers/landlords and their tenants with greater convenience.

"Ensuring great customer satisfaction is a priority for us at ClearNow. We continue to identify areas for enhancement and believe these additions will make ClearNow even easier and more enjoyable for property managers and landlords to use," said Justin Yung, Vice President of ClearNow, Inc.

With ClearNow, property managers and landlords save time, reduce the chance for late payments, and eliminate trips to the bank. To learn more, visit www.ClearNow.com.

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

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