ORLANDO, Fla., ISPCON Show, May 23 /PRNewswire/ -- CSG Systems, Inc., a
subsidiary of CSG Systems International, Inc. (Nasdaq: CSGS), announced it has
signed a five-year contract for billing and customer care services with
RMI.NET, Inc. (Nasdaq: RMII). RMI.NET is a national e-commerce and
connectivity company based in Denver.
(Photo: http://www.newscom.com/cgi-bin/prnh/19990628/RMILOGO )
RMI.NET will utilize CSG's recently introduced enabling business solution,
CSG.net. CSG.net is a suite of Internet Protocol (IP) customer care and
billing applications developed specifically for the Internet Service Provider
(ISP) and Digital Subscriber Line (DSL) markets. Utilization of CSG's billing
and customer care services will allow RMI.NET to fully integrate the
16 companies acquired in 1999 and reduce monthly expenses by $150,000. This
reduction is consistent with the previously announced goal of being EBITDA
neutral by Dec. 2000.
"We are pleased to be working with RMI.NET, a true innovator in the
ISP/DSL industry," Neal Hansen, CSG Chairman and Chief Executive Officer said.
"RMI.NET is continually investing in technologies to make the Internet
experience more enjoyable for its users. In addition, its strong development
organization is committed to delivering high quality products and services to
its users. We are pleased to be part of this team."
"Customer care and billing is a business critical component for our
industry," said Douglas H. Hanson, Chairman and CEO of RMI.NET. "CSG.net will
enable us to capture all the revenue that our various services generate,
provide high quality customer care and scale with our business as it continues
to grow."
"Previously, we utilized some of our most precious resources -- our
software development engineers -- to customize and run an off-the-shelf
software product," added Hanson. "By outsourcing our customer care and
billing operations to CSG, our software developers can focus on creating new
and innovative products that will enable RMI.NET to capitalize on the
fast-growing demand for e-business services."
About CSG Systems
Based in Denver, Colorado, CSG Systems International, Inc. is the parent
company of CSG Systems, Inc., which provides customer care and billing
services worldwide for the converging communications markets, including cable
television, direct broadcast satellite, telephony, online services and others.
CSG offers its clients a full range of processing services, software and
support services that automate customer management functions, including
provisioning, billing, sales support and order processing, invoice calculation
and production, management reporting and customer analysis for target
marketing. CSG Systems, Inc. provides its services to more than one-third of
the households in the United States.
Information about CSG Systems, Inc. and its products can be found at
http://www.csgsys.com.
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-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 shopping, e-commerce
and portal site, http://www.webzone.com, which included the proprietary search
engine, Infohiway. For more information call (800) 864-4327, or visit
RMI.NET's website at http://www.rmi.net.
This press release may contain forward-looking statements within the scope
of the Securities Act of 1933 and the Securities Exchange Act of 1934.
Although the company believes these statements are based on reasonable
assumptions, it can give no assurance that its goals will be achieved.
Differences between assumed facts and actual results can be material depending
on the circumstances and investors should be aware of the important factors
that could have a material impact on future results. Please refer to the
company's cautionary statements section of RMI.NET's 10-K dated December 31,
1999 and other Securities and Exchange Commission (SEC) filings subsequent to
this date.
SOURCE RMI.NET, Inc.; CSG Systems, Inc.
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Related links:
http://www.csgsys.com
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:
Steven P. Eschbach, CFA, Vice President,
Investor Relations of RMI.NET, Inc., 303-308-2272,
steve.eschbach@corp.rmi.net; or Liz Bauer, Vice President -
Investor Relations of CSG Systems International, 303-804-4065,
liz_bauer@csgsystems.com
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