This press release has reference to ASND.
Tuesday March 17, 10:37 am Eastern Time
Company Press Release
Rocky Mountain Internet Signs Agreements to Become a National ISP
Deals with PSINet, PacNET Allow Colorado ISP to Offer Nationwide Communications, Internet Services
DENVER--(BUSINESS WIRE)--March 17, 1998-- Rocky Mountain Internet, Inc. (NASDAQ: RMIIU - news, RMII - news, RMIIW - news) today announced it has signed two agreements that expand the company's Internet access capabilities nationally.
An agreement between RMI and PSINet, the first commercial Internet Service Provider, gives RMI the ability to deliver dial-up services to customers in PSINet's 235 Points-Of-Presence (POPs) around the country and in 400 worldwide. A separate agreement with PacNET, a Seattle-based telecommunications provider, has made it possible for RMI to offer private Wide Area Network (WAN) services to businesses anywhere in the United States.
''With these agreements and our newly launched national IP telephony service, Rocky Mountain Internet is no longer a Colorado-only Internet Service Provider,'' said Doug Hanson, president and CEO of Rocky Mountain Internet. ''Through PSINet's existing infrastructure in 235 cities and PacNET's ability to supply dedicated network connections, we can now offer full-service network solutions to any business, anywhere. This clearly is a giant leap for us and will allow us to compete with Earthlink, Mindspring and all other national providers. We are looking forward to a great relationship with the people at PSINet and PacNet.''
RMI's arrangement with PSINet will allow businesses with multiple locations to provide their remote offices with dial-up access to a company Intranet or high-speed Internet connection. RMI will sell its Unlimited access dial-up service plan to customers in national markets for $19.95 a month.
RMI's agreement with PSINet will also enable them to enter any of the 235 cities to offer dial-up services. Typically, building an infrastructure in a new market can be a barrier for ISPs like RMI in launching service. However, this contract enables RMI to build a customer base and revenue without the expense of building its own network there. The company has not committed to any additional US cities for service to date, but is investigating opportunities.
''Customers who use RMI's services outside the state will have access to the same excellent customer service that our Colorado customers have become accustomed to,'' said Hanson.
At the same time, the company's agreement with PacNET will allow RMI to provide business customers with private Wide Area Networks (WANs), which companies can use to transmit data to and from multiple locations over a worldwide network called UniSPAN, which consists of an additional 190 POPs.
''Through our arrangement with PacNet, we are now fully able to handle customer locations throughout the country and to structure the optimum network solution for them, using dedicated solutions, dial-up, security, web hosting or even web site production,'' said Hanson. ''Although the service will be offered initially to Colorado businesses, we expect to expand to the national market very soon.''
Among the key benefits to RMI in gaining access to UniSPAN's network are the large number of service points available, distributed switches, a short local loop backhaul, diverse routing between switches, inter-network transport of polled protocols, and full management across the network for each connection.
Private WANs have become a popular network configuration among multi-location companies because they offer guaranteed bandwidth over a private network, single provider connectivity, lower start-up costs and monthly charges, and greater security than previous solutions.
About PSINet
PSINet is a leading provider of turn-key corporate Internet and intranet access, managed security services, electronic commerce solutions and Web hosting services throughout the United States and abroad. PSINet manages one of the world's largest and most advanced fast-packet networks, which provides state-of-the-art, high speed Internet access ranging from dedicated high-speed circuits to ISDN to high-speed modem dial-up. PSINet backs up its state-of-the-art network with the industry's original service guarantee, employing automatic back-up systems and crediting service for outages. Headquartered in Herndon, Va., PSINet has offices throughout the U.S. and subsidiaries in Canada, Japan and Europe, including Belgium, Germany and the U.K. For more information contact PSINet by phone at 703-904-4100, by e-mail at info@psi.com or by accessing their Web site at psi.net.
About PacNet Inc.
PacNet (http://www.onesource.net/) is a Seattle-based telecommunications company started in 1987 and one of six members of the UniSPAN consortium PacNet was founded in 1983 as a data transmission service for Northwest Pipeline. Over the years, PacNet has emerged as one of the premier data communications providers, providing coverage coast to coast and abroad. This Worldwide Coverage is made possible through PacNet's impressive network of frame relay switches. As one of the founding companies of the UniSPAN Consortium, PacNet was the first to deploy the Network to Network Interface (NNI). The interconnectivity PacNet has created through the UniSPAN Consortium has helped rank PacNet among the best of the best.
About Rocky Mountain Internet
Rocky Mountain Internet (http://www.rmi.net) is a full-service, national communications company providing local telephone service and IP Telephony long distance service under the name Rocky Mountain Broadband, as well as Internet access, Web development and hosting, network management, system integration and co-location services to clients throughout the United States. The company's frame relay backbone is the only Colorado-based network utilizing the industry-leading Cascade switching technology, with broadband B-STDX 9000 switches strategically placed throughout Denver, Boulder and Colorado Springs to provide full network redundancy. |