DENVER, Nov 3 /PRNewswire/ -- RMI.NET, Inc. (Nasdaq: RMII), a national web
solutions/e-commerce and connectivity company, announced today the kick-off of
its participation in the AT&T Broadband cable open access trial in Boulder,
Colo. The trial, whose participants were selected in May, includes ISPs such
as RMI.NET, EarthLink and Juno Online, as well as some other, more specialized
providers.
(Photo: http://www.newscom.com/cgi-bin/prnh/19990628/RMILOGO )
"We are eager to demonstrate our outstanding brand of broadband Internet
service over cable systems, and we are pleased that AT&T Broadband is keeping
this project on track," stated Douglas H. Hanson, RMI.NET Chairman and CEO.
"RMI.NET and our peer group of national ISPs are also pressing for
finalization of the business terms for open access participation," added
Hanson. "Clearly, the right model is to pattern the relationships after open
access to the local telephone network, where we will pay to use the
infrastructure but maintain control over the customer relationships and
associated revenue."
RMI.NET executives have testified before the Federal Communications
Commission and the Colorado legislature on this issue.
The company previously announced its selection to participate in the major
Time Warner open access trial, which 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
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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:
Jeremy Bronson of RMI.NET, 303-672-0706,
jeremy.bronson@corp.rmi.net
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