DENVER, Oct. 18 /PRNewswire/ -- RMI.NET, Inc. (Nasdaq: RMII), a national
web solutions/e-commerce and connectivity company, announced today that it has
been chosen as one of a select few Internet companies to test multiple-company
provision of high-speed Internet service over cable systems owned by Time
Warner Cable, a subsidiary of Time Warner, Inc. (NYSE: TWX).
(Photo: http://www.newscom.com/cgi-bin/prnh/19990628/RMILOGO )
"Broadband access is the future of our industry," stated Douglas H.
Hanson, RMI.NET Chairman and CEO. "We have been positioning RMI.NET for that
future for nearly two years and count this agreements among the multiple
indicators of our success."
RMI.NET recently announced that its digital subscriber line (DSL) customer
growth rate has more than tripled in 2000, and DSL continues to be a core
service product for the company. Cable open access has also been a key
component of the company's broadband strategy, and RMI.NET executives have
testified before the Federal Communications Commission and the Colorado
legislature on this issue.
"We are eager to help demonstrate that cable system operators and Internet
service providers can offer broadband Internet service over the same networks
in an environment of healthy competition," said Hanson, "and we are pleased
that the two largest national cable companies included RMI.NET in their
trials."
The company had previously announced its selection to participate in the
major AT&T trial being conducted in Boulder, Colorado. The Time Warner
project will take place in Columbus, Ohio.
About RMI.NET
Denver-based RMI.NET is a national e-commerce and connectivity company
focusing on Web solutions for small and medium-sized businesses. The company
specializes in e-business applications; hosting, co-location, and web
solutions, including design and marketing; and high-speed Internet access,
including digital subscriber line (DSL) service. RMI.NET has annualized
revenue of approximately $50 million and more than 100,000 customers
nationwide. The company wholly owns a shopping, e-commerce and portal site,
http://www.webzone.com. 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 be granted
access to cable systems in order to sell its service to them, or the company
may not have sufficient capital available to take advantage of such
opportunities. 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.
 back to top
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:
Jeremy Bronson of RMI.NET, Inc.,
303-672-0706, jeremy.bronson@corp.rmi.net
|
