Roanoke Technology Corp. Signs Deal and Announces New Joint Venture

Apr 02, 2001, 01:00 ET from Roanoke Technology Corp.

    ROANOKE RAPIDS, N.C., April 2 /PRNewswire/ --
     Roanoke Technology Corp. (OTC Bulletin Board:   RNKE) is very pleased to
 announce a partnership with Roanoke Energy Resources Inc. (RERI).  The
 partnership venture between RERI and Roanoke Technology Corp. has formed
 Roanoke OnLine, LLC.  "This new company will be the vehicle by which our
 RFQhosting product is marketed.  RERI's roots go back into the electric
 cooperative business.  This new venture will open the door into the Electric
 Cooperative market," said David Smith, CEO of Roanoke Technology Corp.
 "Furthermore, our partnership offers us great revenue opportunities in the
 near future."
     The duties and responsibilities of each partner of Roanoke OnLine LLC have
 been divided so that RTC can concentrate on the technical and customer support
 issues while RERI handles marketing and general business operations.  "This
 arrangement allows each party to focus on what we do best," said Mr. Smith.
     More information about RFQhosting can be found at: www.rfqhosting.com.
     RERI is a wholly owned, for profit, subsidiary of Roanoke Electric
 Cooperative, a Touchstone Energy(R) Partner headquartered in Rich Square,
 North Carolina.
     Roanoke Technology Corp. is headquartered in Roanoke Rapids, North
 Carolina and owns a number of Internet software companies that provide
 business-to-business services over the Internet.
     Please visit our web sites, or contact Ed Foster, Information Officer for
 Roanoke Technology Corp. by phone at 252-537-9222 x224, or by e-mail at
 efoster@top-10.com.
     The above information includes forward-looking statements regarding
 services and software development.  These statements are not guarantees of
 future performance.  Known and unknown risks, uncertainties, and other
 factors, including without limitation, capital requirements and other
 financial risks, customer demand, technological risks, management of growth,
 satisfying borrowing conditions, and competition may cause actual results to
 differ materially from the future results implied or expressed in the forward
 looking statements.  Additional information about the most significant of such
 factors is set forth in RTC's most recent Form 10 filing with the SEC.  The
 Company does not undertake to update or revise its forward-looking statements
 publicly even if experience or future changes make clear that any projected
 results expressed or implied herein will not be realized.
 
 

SOURCE Roanoke Technology Corp.
    ROANOKE RAPIDS, N.C., April 2 /PRNewswire/ --
     Roanoke Technology Corp. (OTC Bulletin Board:   RNKE) is very pleased to
 announce a partnership with Roanoke Energy Resources Inc. (RERI).  The
 partnership venture between RERI and Roanoke Technology Corp. has formed
 Roanoke OnLine, LLC.  "This new company will be the vehicle by which our
 RFQhosting product is marketed.  RERI's roots go back into the electric
 cooperative business.  This new venture will open the door into the Electric
 Cooperative market," said David Smith, CEO of Roanoke Technology Corp.
 "Furthermore, our partnership offers us great revenue opportunities in the
 near future."
     The duties and responsibilities of each partner of Roanoke OnLine LLC have
 been divided so that RTC can concentrate on the technical and customer support
 issues while RERI handles marketing and general business operations.  "This
 arrangement allows each party to focus on what we do best," said Mr. Smith.
     More information about RFQhosting can be found at: www.rfqhosting.com.
     RERI is a wholly owned, for profit, subsidiary of Roanoke Electric
 Cooperative, a Touchstone Energy(R) Partner headquartered in Rich Square,
 North Carolina.
     Roanoke Technology Corp. is headquartered in Roanoke Rapids, North
 Carolina and owns a number of Internet software companies that provide
 business-to-business services over the Internet.
     Please visit our web sites, or contact Ed Foster, Information Officer for
 Roanoke Technology Corp. by phone at 252-537-9222 x224, or by e-mail at
 efoster@top-10.com.
     The above information includes forward-looking statements regarding
 services and software development.  These statements are not guarantees of
 future performance.  Known and unknown risks, uncertainties, and other
 factors, including without limitation, capital requirements and other
 financial risks, customer demand, technological risks, management of growth,
 satisfying borrowing conditions, and competition may cause actual results to
 differ materially from the future results implied or expressed in the forward
 looking statements.  Additional information about the most significant of such
 factors is set forth in RTC's most recent Form 10 filing with the SEC.  The
 Company does not undertake to update or revise its forward-looking statements
 publicly even if experience or future changes make clear that any projected
 results expressed or implied herein will not be realized.
 
 SOURCE  Roanoke Technology Corp.