RMI.NET Ranks 7th on Colorado's 'Technology Fast 50' List

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RMI.NET Ranks 7th on Colorado's 'Technology Fast 50' List

		RMI.NET COMPANY LOGO RMI.NET company logo. (PRNewsFoto)[DM] DENVER, CO USA

            Deloitte & Touche Report Names RMI.NET Seventh-Fastest
            Growing Technology Company, with 2,455 Percent Growth

    DENVER, Oct. 10 /PRNewswire/ -- RMI.NET, Inc. (Nasdaq: RMII), a national
web solutions/e-commerce and connectivity company, has once again been ranked
by Deloitte & Touche as one of the 50 fastest growing technology companies in
Colorado.  Rankings are based on the percentage of growth in revenues during
the five-year period from 1995-1999.
    (Photo: http://www.newscom.com/cgi-bin/prnh/19990628/RMILOGO )
    RMI.NET was ranked seventh on the Colorado Fast 50 list in 2000, with
2,455% growth over the measured period -- more than twice the average growth
rate on the Colorado Fast 50 list.  The company is now automatically
considered for Deloitte & Touche's Fast 500 program, a nationwide list of the
fastest-growing technology companies that included RMI.NET in 1999.
    "Winning this award demonstrates once again that we can and do achieve the
objectives we set," stated Douglas H. Hanson, RMI.NET Chairman and CEO.  "We
very quickly built a national company with broad capabilities to serve our
customers and a $50 million revenue base.  We have shown that we can grow
effectively."
    "Now we are focused on profitability, and we're on track to meet our
stated objective of EBITDA neutrality in December," added Hanson.
    "The Fast 50 recognizes and honors the fastest growing regional technology
companies whose leaders have the vision and determination to beat the odds and
build companies that contribute to the world with long-term solutions," said
Steve Berthe, a Deloitte & Touche partner in the Denver office.  "To attain a
listing on the Fast 50 is no easy feat, and we at Deloitte & Touche
congratulate RMI.NET for attaining this honor," Berthe added.
    In addition to ranking in the top 10 of the Fast 50 two years in a row,
RMI.NET was recently named to the Denver Post Top 100 list and was just
selected as one of the 50 companies to watch in Denver by LocalBusiness.com.
    In June 2000, RMI.NET announced a five-point strategic action plan, aimed
at increasing organic revenue, reducing operating costs, retaining customers,
selling market-driven products, and upgrading network infrastructure.  Hanson
noted, "The company is organized to advance these five objectives, and we
expect continued good news on all five fronts in the weeks ahead."

    About RMI.NET
    Denver-based RMI.NET 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) service.  RMI.NET has annualized revenue of over
$50 million and more than 100,000 customers nationwide.  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.  Although the
company believes these statements are based on reasonable assumptions,
differences between assumed facts and actual results can be material,
depending on the circumstances.  For example, RMI.NET may not continue to grow
at a rate commensurate with past performance, and the company may not meet its
cash-flow and profitability objectives, possibly resulting in an inability to
execute on all aspects of the company's business plan.  Investors should be
aware of the important factors and risks that could have a material impact on
future results and should refer to the cautionary statements sections of
RMI.NET's periodic filings with the Securities and Exchange Commission,
including the most recent forms 10-K and 10-Q.

SOURCE RMI.NET, Inc.

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:
Jeremy Bronson of RMI.NET, Inc.,
303-672-0706, jeremy.bronson@corp.rmi.net