RMII news
Wednesday December 29, 10:12 am Eastern Time
Company Press Release
SOURCE: RMI.NET, Inc.
National Commerce Solutions Provider Debuts Warp Wire DSL Service in Salt Lake City
Launch of Service Gives RMI.NET the Greatest Coverage Area in Salt Lake City
Signifies RMI.NET as Best Choice for Internet Service and Access
DENVER, Dec. 29 /PRNewswire/ -- RMI.NET, Inc. (Nasdaq: RMII - news), a national e-business solutions company, announced today that it will provide unprecedented coverage for digital subscriber line (DSL) service -- high-speed access to the Internet -- for the Salt Lake City metropolitan area.
(Photo: newscom.com )
RMI.NET will provide its branded Warp Wire(SM) DSL service to 86 percent of all households and 92 percent of all businesses in the Salt Lake City area. This includes the communities of Bountiful, Clearfield, Cottonwood, Draper, Holladay, Kaysville, Kearns, Midvale, Murray, Ogden and Provo.
``Until now, consumer choice for DSL service in Salt Lake City has been limited by lack of competition and geographic location. RMI.NET's Warp Wire will offer the greatest coverage area for DSL service in the Salt Lake City metropolitan area, as we continue to strive to be the High Speed Access provider of choice for central Utah,' said Douglas H. Hanson, chairman and chief executive officer for RMI.NET. ``We have a superior product and will be the premier option for providing high quality access and e-business solutions.'
RMI.NET announced in September 1999 a plan to provide DSL service to 22 major cities and up to 300 secondary markets, and is currently offering DSL service in the Denver, Phoenix, New York, San Francisco, Los Angeles, Boston, Chicago and 20 other major markets. DSL allows for continuous high bandwidth transmission of data and video through existing telephone lines, at speeds of up to 50 to 100 times faster than currently available.
RMI.NET has multiple options for its Warp Wire DSL product in Salt Lake City, all depending on individual customer needs. It can offer guaranteed receiving and sending speeds up to 1.5 megabits per second. RMI.NET operates in Salt Lake City through its Internet Connect division, which it acquired in June 1999. RMI.NET has approximately 4,000 customers, and a sales and operations force of 10 employees in central Utah.
For further information on securing WarpWire DSL service through RMI.NET, consumers can call (800) 864-4344.
Denver-based RMI.NET, Inc., formerly Rocky Mountain Internet, is a national commerce solutions provider focusing on e-business solutions to small and mid-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 approximately $50 million and more than 107,000 nationwide customers. The company wholly owns a proprietary portal site and search engine, Infohiway, at www.infohiway.com. For more information on RMI.NET, call (800) 864-4327, or visit the company's web site at www.rmi.net.
This press release might contain forward-looking statements. These forward-looking statements are subject to risks and uncertainties. Actual results may differ materially from such forward-looking statements as a result of risks and uncertainties, which are described in the cautionary statements section of the company's 10K dated December 31, 1998, and may include other risks described in all Securities and Exchange Commission filings submitted as of this date.
SOURCE: RMI.NET, Inc.
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