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Technology Stocks : RCN Corp. (RCNC) - Voice-Video-Internet -- Ignore unavailable to you. Want to Upgrade?

To: Sarkie who wrote (599)	5/25/2000 1:54:00 PM
From: Sarkie	Read Replies (1) \| Respond to of 720

RCN Launches On-Net Services in Ridley Township, PA ================================================================ RCN and Radio Disney Co-sponsor Event at McDade Bowl on June 4 to Highlight Launch PRINCETON, N.J., May 25 /PRNewswire/ -- RCN Corporation (NASDAQ:RCNC) announced today that it will begin offering Ridley Township, PA residents its full-slate of bundled services by the end of the month. Residents will be able to subscribe to RCN's cable, telephone and Internet services, all delivered over the company's Megaband(TM) Network. RCN is building its network in Ridley Township, located in Delaware County approximately 10 miles west of center-city Philadelphia. The company's state-of-the-art fiber-optic network will pass 12,000 homes in Ridley Township by the time the buildout is completed in July. This expansion represents the company's second service offering in the Philadelphia market. ResiLink services were offered to Folcroft residents in March, 2000. "RCN is proud to bring the residents of Ridley Township a choice in telecommunications providers," said Michael Adams, RCN's President and Chief Operating Officer. "We are confident that potential customers will be intrigued by the advanced services we offer. By supplying services over our own network, RCN is providing residents with the quality and value inherent in a comprehensive bundled telecom package like ours." RCN has rolled out its ResiLink bundled packages to over 90,000 homes on the West and East Coasts. In every new market the company enters, it offers its full suite of bundled services. The packages offer substantial value and savings from what is available in the markets today from incumbent operators. ResiLink Provides Choice and Value to Consumers ResiLink allows RCN customers to chose from four distinctive service packages for a flat monthly fee: -- RCN's ResiLink Platinum bundle provides enhanced services for heavy telephone, cable and Internet users. -- RCN's ResiLink Gold bundle offers a similarly comprehensive package of services without the option of a second phone line. -- RCN's ResiLink Silver bundle provides advanced communications services to customers without a computer or interest in the Internet. -- RCN's ResiLink Bronze is designed for heavy Internet users. RCN And Radio Disney To Sponsor Launch Event In celebration of the Ridley Township launch, RCN and Radio Disney will co-sponsor a bowling party on Sunday, June 4th from 12:00 Noon until 4:00 PM at the McDade Bowl, on McDade Boulevard. The Radio Disney Party Patrol will entertain guests with local sports characters including the St. Joe's Hawk. There will also be an ongoing raffle for prizes that include a computerized keyboard, Philadelphia Phillies tickets, Disney T-shirts, hats and other prizes. RCN representatives will also be on hand to meet with area residents, join in the festivities, book appointments and answer any questions residents may have about RCN's services. About The RCN Network RCN's Megaband(TM) Network is a unique broadband fiber-optic platform capable of offering a full suite of communications services -- including fully featured voice, video and high-speed Internet -- to residential customers. The network employs SONET ring backbone architecture, and localized nodes built to ensure RCN's state-of-the-art fiber optics travel to within 900 feet of RCN customers, with fewer electronics and lower maintenance costs than existing local networks. RCN's high-capacity local fiber-optic networks target densely populated areas comprising 44% of the US residential communications market spread over just 6% of its geography. About RCN Corporation RCN Corporation (NASDAQ:RCNC) is the nation's first and largest single- source facilities-based provider of bundled local and long distance phone, cable television and high-speed Internet services to the densest residential markets in the country. RCN is currently delivering broadband services over its Megaband(TM) Network or designing and building its network on both the East and West coasts as well as Chicago. In addition, RCN is a leading Internet Service Provider in its markets. Additional information can be found at: rcn.com. Some of the statements made by RCN in this press release are forward-looking in nature. Actual results may differ materially from those projected in forward-looking statements as a result of a number of factors. RCN believes that the primary factors include, but are not limited to uncertainties relating to economic conditions, acquisitions and divestitures, government and regulatory policies, the pricing and availability of equipment, materials, inventory and programming, RCN's ability to develop and penetrate existing and new markets, technological developments and changes in the competitive environment in which RCN operates. Additional information concerning these and other important factors can be found in RCN's filings with the Securities and Exchange Commission. Statements in this release should be evaluated in light of these important factors. SOURCE RCN Corporation -0- 05/25/2000 /CONTACT: Valerie Haertel of RCN Investor Relations, 609-734-3816; or John Henderson of Rubenstein Associates, Public Relations, 212-843-8054, for RCN/ /Company News On-Call: prnewswire.com or fax, 800-758-5804, ext. 125089/ /Web site: rcn.com ================================================================