DENVER, June 7 /PRNewswire/ -- RMI.NET, Inc. (Nasdaq: RMII), a national
e-commerce and connectivity company, announced today that it has been chosen
as one of a select few national Internet companies to test multiple-company
access to high-speed, cable Internet service over a hybrid fiber-coaxial
network.
(Photo: http://www.newscom.com/cgi-bin/prnh/19990628/RMILOGO )
Other companies that were selected by AT&T Broadband include: AOL,
Excite@home, Mindspring, MSN, WorldNet and Yahoo!. The City of Boulder has
been approached, and agreed to host the broadband trial focusing on the Denver
Metropolitan-area.
Operational meetings have taken place with AT&T and MediaOne outlining
project implementation of the following areas: interconnections, network
connectivity, capacity, order entry, billing, trouble ticketing, installation,
customer care, and marketing.
"We are hopeful this trial is the first step to full open equal access and
consistent with our public policy efforts," said Doug H. Hanson, CEO, and
Chairman of RMI.NET. "Properly implemented, the broadband platform will be a
perfect complement to RMI's existing high-speed backbone, and will be a great
benefit to consumers."
AT&T Cable, in a press release earlier in the day, announced that the
six-month access trial will begin in November 2000.
"Pricing, technical and operating details still need to be worked out,"
added Hanson, "but we are pleased that AT&T has selected RMI.NET as a leading
partner in what could be a precedent-setting industry breakthrough."
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 includes the proprietary search
engine, Infohiway. For more information, call (800) 411-6066, or visit
RMI.NET's web site 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.
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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:
Steven P. Eschbach, CFA, Vice President -
Investor Relations, of RMI.NET, Inc., 303-308-2272,
steve.eschbach@corp.rmi.net
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