INTERMEDIA COMMUNICATIONS TO PROVIDE FRAME RELAY LINK FOR RED ROOF INNS, INC.; Intermedia Data Network to Include Over 240 Red Roof Inn Locations.TAMPA, Fla.--(BUSINESS WIRE)--May 22, 1996--Intermedia Communications of Florida, Inc. (ICI - Nasdaq/NM:ICIX), a provider of integrated telecommunications services, today announced an agreement with Columbus, Ohio-based Red Roof Inns, Inc. to provide frame relay telecommunications service for over 240 Red Roof locations. Intermedia will have 240 Red Roof Inn locations on-line and operational by June 1, under the initial contract valued at approximately $3.5 million. In addition, Red Roof Inns expects to add more locations throughout 1996 and has significant plans for future expansion. The five-year contract also includes the provision of Internet access for Red Roof Inns' Columbus headquarters. "We are delighted to be providing frame relay service to Red Roof Inns," said David C. Ruberg, Intermedia's president, chairman and chief executive officer. "Red Roof Inns selected us because of the cost effectiveness of our frame relay network and our experience in providing a seamless network solution through network to network interface (NNI NNI - National Nanotechnology Initiative NNI - National Neuroscience Institute (Singapore) NNI - Nearest Neighbour Interchange NNI - Nederlands Normalisatie-Instituut NNI - Network Ninja, Inc. NNI - Network Node Interface (SS7 SCCP) NNI - Network-to-Network Interface NNI - Neural Network Interface NNI - New Networks Institute NNI - Newport News Industrial NNI - Non-Sustainable Non-Supportable & Obsolete Items NNI - Nonnuclear Instrumentation) connectivity to the regional Bell operating companies (RBOCs) of BellSouth, Bell Atlantic, Cincinnati Bell Telephone and Ameritech. We committed to an aggressive installation schedule and will be fully operational by June 1 as planned." "Intermedia's frame relay network is a key component in our strategic plans for the extensive rebuilding of our network infrastructure," said Jeff Wilson, Red Roof's manager, telecommunications. Red Roof Inns is an economy lodging chain that owns and operates 235 properties with more than 26,500 rooms in 33 states. Red Roof Inns became a publicly traded company on February 1, 1996. Intermedia Communications is a rapidly growing provider of integrated telecommunications services. Headquartered in Tampa, Intermedia currently operates fiber optic networks in Florida in Orlando, Tampa, Miami, Jacksonville, St. Petersburg and West Palm Beach; in Cincinnati, Ohio; in Raleigh/Durham, North Carolina; in Huntsville, Alabama; and has a network under development in St. Louis, Missouri. Intermedia specializes in packaging customized solutions to meet each customer's specific requirements and currently provides enhanced network services, including frame relay and Internet access, to more than 2,700 business and government customer locations in 695 cities nationwide. Additionally, Intermedia is a facilities-based interexchange carrier for more than 10,000 customers. CONTACT: Intermedia Communications of Florida, Inc., Tampa Barbara Samson, 813/744-2402 |
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