DENVER, July 12 /PRNewswire/ -- RMI.NET, Inc. (Nasdaq: RMII), a national
e-commerce/Web solutions and connectivity company, announced today that James
D. Bartlett, Jr. has joined the Company as Chief Operating Officer. In this
capacity, Bartlett will be responsible for the successful implementation of
the Company's recently announced five-point strategic action plan.
(Photo: http://www.newscom.com/cgi-bin/prnh/19990628/RMILOGO )
A 20-plus year veteran in the technology industry, Bartlett brings to
RMI.NET a wealth of experience in controlling operating expenses, driving
revenues, improving customer service, developing innovative products and in
strategic planning. Prior to joining RMI.NET, he was Corporate Vice President
and Chief Marketing Officer at Storage Technology Corporation (NYSE: STK), a
multi-billion dollar Fortune 1000 enterprise, with responsibility for global
marketing and e-business. While there, he reduced expenses by 10 percent,
implemented a global launch process, developed a new channel marketing effort
and initiated a global e-business planning process.
Prior to coming to Denver, Bartlett held a number of executive positions
at IBM. His most recent position was Vice-President/Director, Consumer
Solutions & Strategy where he held the worldwide profit and loss
responsibility for the consumer solutions area of the business, which included
mobile computing, options, home networking and licensing. Previously,
Bartlett held executive positions at Philips Electronics N.V., and NEC
Corporation. While at Philips he increased revenues in one year 500 percent
above budgeted plan while reducing budgeted expenses by 15 percent and at the
same time introduced three new products to market within the first 12 months.
"Jim has taken every company he's worked with to a new level and been able
to accomplish that while keeping expenses in line. He is the ideal person to
lead the Company toward profitability by focusing on our Strategic Action Plan
initiatives," said Douglas H. Hanson, RMI.NET's Chairman and CEO. "He brings
a very disciplined management approach, and his leadership will be a very
strong asset for RMI in the future."
In addition to the implementation of the strategic action plan, Bartlett
will be responsible for day-to-day operations of RMI's business, including
research, development, corporate and field sales, marketing, and service. In
addition, he is responsible for human resources, e-business and information
systems.
"I'm delighted to be joining RMI at a time when the opportunities and
possibilities for its business model are so enormous," said Bartlett. "RMI
has great strengths -- its customers, its core technologies, and not least,
its people."
Bartlett added, "We will leverage both our tangible and intangible assets
as we build momentum for RMI and close in on our growth and bottom-line
objectives."
While at IBM Bartlett was recognized by the company as one of the top
250 most valuable employees within the corporation and was the recipient of
the IBM Blue Chip Award. Bartlett received a B.S. degree from Northern
Arizona University and serves on the board of Wake Forest University's
Calloway School of Business, and the board of Gateway Shelter for Battered
Women. He also serves on the board of advisors for Christian University
Global Net.
About RMI.NET
Denver-based RMI.NET, Inc., is a national e-commerce/Web solutions 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 approximate
annualized revenue run rate of $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
CONTACT:
Steven P. Eschbach, CFA, Vice President -
Investor Relations, 303-308-2272, steve.eschbach@corp.rmi.net
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