VANCOUVER, Wash., April 12 /PRNewswire/ -- New Edge Networks, the leading
national wholesale digital subscriber line (DSL) service provider in small,
midsize and semi-rural markets, today announced it will partner to provide
high-speed DSL service to RMI.NET customers nationally. RMI.NET, Inc.
(Nasdaq: RMII) is a national e-commerce and connectivity company based in
Denver.
(Photo: http://www.newscom.com/cgi-bin/prnh/19990628/RMILOGO )
Initially, RMI.NET expects to offer its customers high-speed DSL Internet
access using New Edge Networks' technology in the Pacific Northwest and
Mountain States, and across the nation as New Edge Networks expands its
network. Customers can choose among various DSL service options and speeds to
meet their individual or business needs.
Using existing standard phone wires in homes and businesses, DSL
technology can provide access to the Internet and corporate offices at speeds
up to 100 times faster than traditional analog modems. In addition to speed,
other key DSL technology benefits include a continuous "always on" connection
eliminating dial up or waiting, secure access using dedicated facilities, and
reliability because the network is monitored around the clock.
"This is a great day for both companies and for consumers in small,
midsize and semi-rural communities," said Dan Moffat, president, CEO and
co-founder at New Edge Networks. "With more than 100,000 customers
nationwide, RMI.NET becomes one of our largest partners to-date and we're
excited about opportunities to take the benefits of DSL technology to its
customers."
Douglas Hanson, chairman and CEO for RMI.NET, said, "New Edge Networks'
business strategy gives us the opportunity to explore markets for our DSL
service that previously were unavailable. We believe that all Americans
should have access to high-speed Internet capabilities, and RMI.NET and New
Edge Networks are the companies to do that. We also will provide customers
with other Internet services, such as Web solutions and e-commerce, and that's
why this partnership is so important."
About RMI.NET
Denver-based RMI.NET, Inc., formerly Rocky Mountain Internet, is a
national e-commerce and connectivity company focusing on solutions for small
and medium-size businesses. The company specializes e-business applications,
Web solutions, including design, hosting and marketing; and high-speed
Internet access, including 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
(http://www.infohiway.com). For additional information, phone 800.864.4327.
RMI.NET's Internet site is: http://www.rmi.net.
About New Edge Networks
Based in Vancouver, Wash., New Edge Networks was founded in June 1999, and
top-tier private venture firms, global financial institutions and worldwide
technology firms are backing it. These include: Accel Partners, Comdisco
Ventures, Crosspoint Venture Partners, Goldman Sachs & Co., Greylock, Intel
Corporation, Meritech Capital Partners, Morgan Stanley Dean Witter and
Newbridge Networks. The company is certified to provide DSL services in
40 states and plans to provide service in all 50 states by early next year.
Its Web site address is http://www.newedgenetworks.com.
SOURCE RMI.NET, Inc.; New Edge Networks
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Related links:
http://www.rmi.net
Photo Notes:
NewsCom:
http://www.newscom.com/cgi-bin/prnh/19990628/RMILOGO
PRN Photo Desk, 888-776-6555 or 201-369-3467
Company News On-Call:
http://www.prnewswire.com/comp/139760.html or fax,
800-758-5804, ext. 139760
CONTACT:
Sal Cinquegrani of New Edge Networks,
360-906-9723, scinquegrani@newedgenetworks.com; or Mark Stutz of
RMI.NET, Inc., 303-313-0672, mark.stutz@corp.rmi.net
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