DENVER, June 14, 2000 — Qwest Communications International Inc. (NYSE: Q), the broadband Internet communications company, announced that Qwest Cyber.Solutions LLC, the largest enterprise Application Service Provider (ASP), has been awarded a contract from debis Capital Services, a unit of DaimlerChrysler Services (debis) AG, Berlin. QCS will provide debis Capital Services with its Freedom™ for Managed Applications product that includes SAP Financial and Business Warehouse applications.
As the industry's largest enterprise ASP, QCS provides solutions to over 100 customers running SAP applications. debis Capital Services selected QCS as its provider for its experience and ability to provide excellent service in the areas of SAP management. Additionally the company's ability to support the complexities associated with delivering a strong business intelligence solution drove debis Capital Services to select QCS.
"As we are rapidly expanding our global business lines and processes, we wanted a new business model that would help us accelerate quickly to keep up with both market and operational demands," said Clarence Bastarache, Chief Information Officer, debis Capital Services. "We are impressed with QCS' ability to be flexible in its ASP offerings. Additionally, they have instilled great confidence in us through their expertise in complex business solutions and their deep knowledge of SAP applications management."
QCS will provide debis Capital Services with a fully managed applications solution with its Freedom™ for Managed Apps product that includes hosting and management services for SAP's Financial and Business Warehouse applications. The applications will be hosted in Qwest's CyberCenter™ running on Microsoft Windows NT® Server operating system and Microsoft SQL Server™ 7.0 database.
"We are happy to add this unit of DiamlerChrysler Services to our roster of clients as they represent a leading global organization adopting the ASP model," said John Charters, president and CEO of Qwest Cyber.Solutions. "Our solution will give debis Capital Services access to today’s best complex technology and the ability to grow their business quickly, smoothly and efficiently."
About Qwest Cyber.Solutions
Qwest Cyber.Solutions (QCS) is the industry's largest enterprise applications service provider (ASP) delivering scalable and reliable business critical software solutions through remote management and hosting of Enterprise Resource Planning (ERP), Customer Relationship Management (CRM) and Business-to-Business (B2B) E-Commerce applications. A joint venture between Qwest Communications International Inc. (NYSE: Q) and KPMG LLP, QCS leverages Qwest's state-of-the-art Internet protocol broadband network and CyberCenters as well as KPMG's consulting and software integration expertise. QCS' software applications portfolio includes Ariba, Captura, Oracle, PeopleSoft, SAP, Siebel, and others. For more information, see the QCS Web site at www.qwestcybersolutions.com.
debis Capital Services is a unit of DaimlerChrysler Services (debis) AG, the services company of DaimlerChrysler AG. debis Capital Services is headquartered in Norwalk, Connecticut, USA and employs 500 people in 20 countries who manage an $8.5 billion portfolio in such areas as transportation, mid-market, trade and commercial financing, as well as structured equity investments. In North America, debis Capital Services provides financing for aircraft, helicopters, marine vessels, commercial real estate, construction equipment, industrial equipment, and asset-based lending. For more information, see the debis Capital Services web site at www.dcxcapital.com.
Qwest is a registered trademark, and Qwest Cyber.Solutions is a trademark, of Qwest Communications International Inc. Other product and company names mentioned herein are trademarks of their respective owners.
This release may contain forward-looking statements that involve risks and uncertainties. These statements may differ materially from actual future events or results. Readers are referred to the documents filed by Qwest with the SEC, specifically the most recent reports which identify important risk factors that could cause actual results to differ from those contained in the forward-looking statements, including potential fluctuations in quarterly results, dependence on new product development, rapid technological and market change, failure to maintain rights of way, financial risk management and future growth subject to risks, adverse changes in the regulatory or legislative environment, and others listed therein. Neither Qwest nor Qwest Cyber.Solutions undertakes any obligation to review or confirm analysts' expectations or estimates or to release publicly any revisions to any forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
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