Denver, September 12, 2000 — Qwest Communications International Inc. (NYSE: Q), the broadband Internet communications company, announced today it signed a $24 million contract with Pac-West Telecomm, Inc. (Nasdaq: PACW), giving the California-based competitive local exchange carrier (CLEC) exclusive rights to an OC-48 (2.4 gigabits per second) optical transport ring.
The agreement enables Pac-West to provide reliable and efficient high-speed transport services, including Virtual DS-1, DS-3, OC-3, and OC-12 on one of the first OC-48 ATM networks ever constructed. Qwest will also provide co-location services for Pac-West.
"With OC-48 capacity provided by Qwest, Pac-West is able to meet the growing demand for broadband services," said Gregory M. Casey, executive vice president of wholesale markets for Qwest. "Qwest's scalable and secure network is sure to meet the needs of Pac-West and its customers."
Utilizing Qwest’s Macro Capacity® Fiber Network, Pac-West will be able to offer up to 2.4 gbps capacity on selected routes between central and southern California, the densest information corridor in the country. The additional bandwidth capacity enhances Pac-West's ability to cost-effectively deliver high-quality voice, data, video and next-generation Internet services to its customers.
"Our agreement with Qwest is an extremely significant milestone in our plan to offer broadband services throughout the western U.S.," said Mark Skinner, Pac-West's director of network operations. "We are experiencing tremendous demand from our customers for reliable, high-speed connectivity. This agreement enables us to offer 'broadband-on-demand' at competitive prices, eliminating the typical 45-60 day waiting period."
About Pac-West Telecomm
Founded in 1980, Pac-West Telecomm, Inc. (Nasdaq: PACW) is a rapidly growing provider of integrated telecommunications services throughout the western U.S. Pac-West supplies Internet infrastructure and broadband services to Internet service providers (ISPs) and integrated voice, data and Internet services to small and medium-sized businesses. The company currently has operations in California, Nevada, Washington and Colorado, and is rapidly expanding its network into other western states. Pac-West is a Safeguard Scientifics (NYSE: SFE) partner company. For more information, please visit the company’s web site at www.pacwest.com.
About Qwest Qwest Communications International Inc. (NYSE: Q) is a leader in reliable, scalable and secure broadband Internet-based data, voice and image communications for businesses and consumers. The Qwest Macro Capacity® Fiber Network, designed with the newest optical networking equipment for speed and efficiency, spans more than 104,000 miles globally. For more information, please visit the Qwest web site at www.qwest.com.
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 and U S WEST, Inc. 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 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 failure to achieve the synergies and financial results expected from the acquisition of U S WEST. This release may include analysts' estimates and other information prepared by third parties, for which Qwest assumes no responsibility. Qwest undertakes no 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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