Exhibit (a)(1)(I) JERRY MOYES ANNOUNCES CONSENT SOLICITATION AND WAIVES CONDITION TO TENDER OFFER FOR ALL OUTSTANDING SHARES OF SIMON TRANSPORTATION SERVICES INC. AT $7.00 PER SHARE FOR IMMEDIATE RELEASE: THURSDAY, JUNE 8, 2000 Phoenix, Az.--Jerry Moyes announced today that he has commenced his consent solicitation to assume control of the board of directors of Simon Transportation Services Inc. Mr. Moyes also waived one of the conditions contained in his pending tender offer to purchase up to all of the outstanding Class A and Class B common shares of Simon Transportation Services Inc. for $7.00 net cash per share. Mr. Moyes stated: "Today I filed definitive consent solicitation materials with the SEC and began distributing the consents to Simon Transportation's stockholders. The consent solicitation is an important step in support of my tender offer. I need the consents to gain due diligence access, to ensure that any impediments to my gaining control of the board are removed, and to ensure that waivers of all anti-takeover statutes are effective at a level that will permit me to complete the tender offer." Mr. Moyes continued: "I also have waived the condition to my offer that 450,000 Class B common shares deemed to be beneficially owned by Richard D. Simon be tendered in the offer. I will not require that Mr. Simon sell his shares or convert his Class B shares to Class A shares as a condition of my offer. The company's SEC filings indicate that Mr. Simon, the company's Chairman and CEO, and Kelle Simon, the company's newly appointed President, both recently sold all of the more than 45,000 aggregate shares of Simon Transportation formerly held in their 401(k) retirement accounts. I hope those sales indicate a willingness to sell additional shares in the offer. I would welcome Mr. Simon's voluntary participation in the offer in order to reduce the disproportionate voting effect of his Class B shares, which carry two votes per share. With those Class B shares, Mr. Simon controls 24.9% of the total voting power with only 14.1% of the total shares. Mr. Simon's double- voting shares will require a large number of the independent stockholders to participate in the tender offer for me to purchase the majority voting control the Simon Board has required for their waiver of the applicable anti-takeover statutes to be effective. In a recent letter to stockholders, the Simon Board accused me of attempting to gain control of the company without paying for it. With the double-voting stock, the classified board of directors, and five family members on the board, it is the Simons who are attempting to control the company without a corresponding economic investment. I have made my $7.00 offer to all stockholders and am firmly committed to pursuing it. I call on Dick Simon to participate significantly in the offer or convert his Class B shares to Class A shares and create a level playing field for all stockholders." Other Important Information: - ---------------------------- This press release is for information purposes only and is not an offer to buy or the solicitation of an offer to sell any of the shares of Simon Transportation and is not a solicitation of a proxy or written consents. The offer to buy Simon Transportation shares is being made only pursuant to the Offer to Purchase and related materials that Mr. Moyes has sent to Simon Transportation stockholders and has filed as an exhibit to the tender offer statement. The tender offer statement and the consent solicitation materials contain important information that stockholders should consider before making any decision regarding their shares. You can obtain the tender offer statement, as well as other filings containing information about Mr. Moyes and Simon Transportation, without charge, at the Securities and Exchange Commission's Internet site (www.sec.gov). Copies of the tender offer statement and other SEC filings also will be available, without charge, from the Information Agent for the offer, as identified below: The Information Agent for the Offer and the Consent Solicitation is: MacKenzie Partners, Inc. 156 Fifth Avenue New York, NY 10010 (212) 929-5500 (call collect) Call Toll-Free (800) 322-2885 Fax Number (212) 929-0308