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Strategies & Market Trends : USRealtel -- Ignore unavailable to you. Want to Upgrade?

To: Sol W. who wrote (23)	4/16/1999 10:34:00 AM
From: mike mulhearn	Respond to of 31

Tuesday April 6, 8:10 am Eastern Time Company Press Release Agreement With U.S. RealTel Helps Intermedia Bring Unique Telco Services to New Customers Across the Country Intermedia to have instant access to almost 600 office properties in U.S. RealTel portfolio CHICAGO--(BUSINESS WIRE)--April 6, 1999-- U.S. RealTel, Inc. (NASDAQ: USRT - news), the nation's largest landlord of pre-leased telecommunications access sites, and Intermedia Communications Inc. (NASDAQ: ICIX - news), the nation's largest provider of shared tenant services, announced today a national agreement giving Intermedia the opportunity to reach new customers in more than 80 million square feet of multi-tenant office buildings and provide them with advanced telecommunications services. U.S. RealTel (USRT) has leased the rights to telecommunications space from major property owners. Of its more than 6,500 properties in the United States portion of the USRT Telecom Grid(TM), 578 are multi-tenant office buildings, the primary focus of Intermedia's Comactiv business. Intermedia Comactiv is an integrated family of telecommunications products and services designed for office buildings. Based on USRT's Master Sublease, the agreement gives Intermedia access to these office properties, as well as those in other segments of the Grid, such as shopping malls and commercial strip center space. ''This agreement gives Intermedia the benefit of signing only one Master Sublease to provide thousands of office building tenants with a suite of sophisticated telecommunications solutions,'' said Charlie McNamee, president of U.S. RealTel's Occupant Services Division. ''Intermedia will be able to reach its target market in a more cost effective and efficient way as well as maximize customer value by delivering more complete communications services across a wider geographic area,'' McNamee added. ''In keeping with our core strategy to bring leading-edge communications technology to the marketplace at a rapid pace, our agreement with U.S. RealTel will allow Intermedia to expand its current reach and speed the deployment process of Comactiv(SM) services,'' said Mark Masi, vice president and general manager of Intermedia Comactiv. ''Comactiv will provide these customers with integrated local and long distance voice, data, Internet and Web service, as well as on-site technical support. All of these needs and requirements can be met with a single call to Intermedia,'' Masi said. Intermedia provides all the necessary facilities so that customers can benefit from the money-saving synergy of T1 lines, dedicated switches and volume discounts. A service team assigned to each site offering Comactiv services provides immediate, personalized response to any business tenant system problem. This advanced approach to telecom servicing enables businesses to harness the power of today's communications technology in a way that allows them to focus on their core business. Intermedia will expand its customer base by focusing on U.S. RealTel buildings in major metropolitan markets, including New York; Philadelphia; Washington, D.C.; Atlanta; Miami; and Dallas. About U.S. RealTel Founded in 1997, U.S. RealTel has amassed the nation's largest telecom real estate portfolio controlled by one landlord. U.S. RealTel is the nation's largest landlord of pre-leased telecommunication access sites. Based in Chicago, U.S. RealTel has a portfolio of thousands of real estate properties throughout the United States and South America comprising its USRT Telecom Grid. The United States portion of the USRT Telecom Grid includes more than 80 million square feet of office space, 400 million square feet of retail shopping malls, 4.5 million square feet of industrial space, 20 million square feet of commercial strip center space and 330,000 apartment units. For more information, visit the U.S. RealTel website at: usrealtel.com About Intermedia Communications Inc. Intermedia Communications is the largest provider of shared tenant services in the United States. It is one of the nation's fastest growing communications companies, providing integrated communications solutions to business and government customers. These solutions include voice and data, local and long distance, and advanced network access services in major US markets. Intermedia Comactiv is the result of the acquisition of Shared Technologies Fairchild (STF), the nation's largest provider of shared telecommunications services in Class A office buildings since 1983. Intermedia's enhanced data portfolio, including Frame Relay networking, ATM, and a full range of business Internet services, offers seamless end-to-end service virtually anywhere in the world. Intermedia Communications is headquartered in Tampa, Florida. Intermedia can be found on the World Wide Web at www.intermedia.com. -------------------------------------------------------------------------------- Contact: Intermedia Communications John Strickling, 813/829-2864 jrstrickling@intermedia.com or U.S. RealTel Charlie McNamee, 312/920-1500 mcnamfam@aol.com Citigate DGPR For U.S. RealTel: Jam Bagwanedee, 312/372-6042 jamba@mcs.net --------------------------------------------------------------------------------

To: Sol W. who wrote (23)	4/16/1999 10:43:00 AM
From: mike mulhearn	Read Replies (1) \| Respond to of 31

I agree an this doesn't only apply to buildings, but also Cellphone companies or any type of wireless communication company looking to expand their areas. With USRT antenna grids it makes it that much easier for them. Another positive is there is no equipment or maintainence cost involed for USRT. Their only cost I think is legal fees for securing leases and properties. The other positive thing is that they are suppose to start USRT Finance which will add to the bottom line. Anyway welcome aboard, I was getting lonely.