DENVER, August 20, 2003 ? Qwest Communications International Inc. (NYSE:Q) today announced a new contract to provide a Department of Labor (DOL) agency with frame relay service under the new Multi-Tiered Security Profile (MTSP) program. This is Qwest?s first award under the MTSP contract, which is part of General Services Administration?s (GSA) Federal Technology Services (FTS) program.
The contract will offer DOL?s Employee Benefit Security Administration a diverse, high-speed network providing services such as basic transport and managed transport security. These services are part of Qwest?s Tier 1 transport services under the MTSP program.
?The robust MTSP contract brings much needed diversity and competition to the FTS program,? said James F.X. Payne, senior vice president of Qwest?s government services division. ?It allows all federal organizations to work with Qwest and quickly and easily upgrade their networks and beef up security at the same time.?
Under the MTSP program Qwest offers two tiers of service. The Tier 1 transport services include dedicated Internet access, private line, ATM, frame relay and network-based virtual private networks (NVPN).
Tier 2 includes Qwest's managed packet filter routing service and security services, including managed firewall, managed VPN, managed intrusion detection, managed boundary anti-virus protection, managed secure Web proxy, and on-site network and security management.
Qwest Communications International Inc. (NYSE: Q) is a leading provider of voice, video and data services to more than 25 million customers. The company?s 50,000 employees are committed to the ?Spirit of Service? and providing world-class services that exceed customers? expectations for quality, value and reliability. For more information, please visit the Qwest Web site at www.qwest.com.
This release may contain projections and other 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 us with the Securities and Exchange Commission, 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 but not limited to: unanticipated delays in completing the process of our restatement of historical financial statements and related audits; the duration and extent of the current economic downturn in our 14-state local service area, including its effect on our customers and suppliers; the effects of our anticipated restatement of historical financial statements including delays in or restrictions on our ability to access the capital markets or other adverse effects to our business and financial position; our substantial indebtedness, and our inability to complete any efforts to de-lever our balance sheet through asset sales or other transactions; any adverse outcome of the SEC's current investigation into our accounting policies, practices and procedures and certain transactions; any adverse outcome of the current investigation by the U.S. Attorney's office in Denver into certain matters relating to us; adverse results of increased review and scrutiny by Congress, regulatory authorities, media and others (including any internal analyses) of financial reporting issues and practices or otherwise; the failure of our chief executive and chief financial officers to provide certain certifications relating to certain public filings; delays in making required public filings with the SEC; rapid and significant changes in technology and markets; any adverse developments in commercial disputes or legal proceedings, including any adverse outcome of current or future legal proceedings related to matters that are the subject of governmental investigations, and, to the extent not covered by insurance, if any, our inability to satisfy any resulting obligations from funds available to us, if any; our future ability to provide interLATA services within our 14-state local service area; potential fluctuations in quarterly results; volatility of our stock price; intense competition in the markets in which we compete, including the likelihood of certain of our competitors emerging from bankruptcy court protection or otherwise reorganizing their capital structure and competing effectively against us; changes in demand for our products and services; dependence on new product development and acceleration of the deployment of advanced new services, such as broadband data, wireless and video services, which could require substantial expenditure of financial and other resources in excess of contemplated levels; higher than anticipated employee levels, capital expenditures and operating expenses; adverse changes in the regulatory or legislative environment affecting our business; and changes in the outcome of future events from the assumed outcome included in our significant accounting policies.
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