Company to Provide Data, Voice and Internet Services to Highland Park School
District Under Government E-rate Program
DENVER, March 28 /PRNewswire/ -- RMI.NET, Inc. (Nasdaq: RMII), a national
e-commerce and connectivity company, announced today that it has signed a
five-year agreement, valued at an estimated $3.5 million, to enhance
telecommunications and Internet services for the Highland Park School District
in Highland Park, Mich., near Detroit.
(Photo: http://www.newscom.com/cgi-bin/prnh/19990628/RMILOGO )
Under terms of the agreement, RMI.NET will provide data and voice
connectivity, Internet access and communications services throughout the
school district and related facilities. The school district secured a
majority portion of the funding for the upgrade through the federal E-rate
program, which subsidizes technology development for schools across the
nation.
"RMI.NET's experience in providing and managing technological advances for
other school districts helped us in making the decision to select them for
this very important project," said John Stindt, Highland Park School District
assistant superintendent. "We look forward to a long and successful
relationship, which ultimately will be of great benefit to our students."
"It is extremely rewarding for RMI.NET to be involved in programs that
benefit school districts across the nation and bring value to our company,"
said Douglas H. Hanson, chairman and chief executive officer for RMI.NET.
"This agreement is one of many we expect to secure, and it is our intent to
look for opportunities to further enrich school districts across the nation
with the latest technology advances."
Hanson noted that RMI.NET has secured similar agreements in California and
Michigan.
E-rate is administered by the Universal Service Administrative Company
(USAC), a private, not-for-profit organization. USAC is responsible for
providing every state and territory in the nation with access to affordable
telecommunications services through federal funds. All of the country's
communities -- including public and private schools, public libraries, rural
health care providers, low-income neighborhoods and remote communities -- are
eligible to seek discounts for communications services.
Denver-based RMI.NET, Inc., formerly Rocky Mountain Internet, is a
national e-commerce and connectivity company focusing on solutions for small
and medium-sized businesses. The company specializes in e-business
applications; web solutions, including design, hosting and marketing; and
high-speed Internet access, including digital subscriber line (DSL). RMI.NET
has an annualized revenue run rate of more than $50 million and more than
100,000 nationwide customers. The company wholly owns a proprietary portal
site and search engine, Infohiway, at http://www.infohiway.com. For more
information, call (800) 864-4327, or visit RMI.NET's web site at http://www.rmi.net.
This press release might contain forward-looking statements. These
forward-looking statements are subject to risks and uncertainties. Actual
results may differ materially from such forward-looking statements as a result
of risks and uncertainties, which are described in the cautionary statements
section of the company's 10K dated December 31, 1998, and may include other
risks described in all Securities and Exchange Commission filings submitted
subsequent to this date.
SOURCE RMI.NET, Inc.
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Related links:
http://www.rmi.net
Company News On-Call:
http://www.prnewswire.com/comp/139760.html or fax,
800-758-5804, ext. 139760
Photo Notes:
NewsCom:
http://www.newscom.com/cgi-bin/prnh/19990628/RMILOGO
PRN Photo Desk, 888-776-6555 or 201-369-3467
CONTACT:
Mark Stutz, Manager, Media Relations,
303-313-0672, mark.stutz@corp.rmi.net, or Steven P. Eschbach,
CFA, Vice President, Investor Relations, 303-308-2272,
steve.eschbach@corp.rmi.net, both of RMI.NET, Inc.
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