DENVER, AUGUST 15, 2001 ?Qwest Communications International Inc. (NYSE: Q), the broadband communications company, announced today that it has been awarded more than $120 million in data, Internet and Web hosting contracts and expanded service agreements over the next year from state and local government agencies and educational institutions.
Qwest will provide a broad range of data, direct Internet access (DIA), Web hosting and voice communications services. Qwest was awarded a contract to supply the state of Maryland Internet access for the new fiber ?Network Maryland.? Maryland state agencies also will be able to host Web sites in one of Qwest?s 16 secure, state-of-the-art CyberCenters(SM), which have direct access to Qwest?s 113,000-mile, global broadband network. Among the organizations Qwest has signed agreements with are the California State University (CSU) system, the University of Missouri system, the state of Louisiana and the Cherry Creek (Colo.) School District.
?The continued increase in public-sector contracts demonstrates the reliability and performance of Qwest?s network and network-related services. More and more government entities are realizing that Qwest is a one-stop solution to their communications needs and are outsourcing accordingly,? said Joel Arnold, Qwest executive vice president of global business markets. ?We also believe that Qwest?s commitment to next-generation network development, such as Internet2 ? connecting more than 180 universities to develop tomorrow's Internet ? demonstrates our dedication to providing the best communications services in the future.?
Last week, Qwest announced that it is providing the world's most powerful fiber-optic network with capacity of 40 gigabits per second - capable of transferring the entire contents of the public Internet within two hours ? for the National Science Foundation Distributed Terascale Facility program. The Qwest-built network will allow some of the world's most prestigious researchers to share information and solve complex scientific problems such as life-threatening illnesses and global warming.
Qwest currently is executing on education-related contracts to enable high-speed access to Arizona?s 228 public school districts; build a digital voice, video and data network to provide high-speed links to state offices and schools in all 64 Colorado counties; and supply high-speed Internet access to public schools throughout South Dakota and New Mexico. Qwest also is providing a variety of statewide network services in Kentucky, Ohio, Pennsylvania and Tennessee.
Qwest Communications International Inc. (NYSE: Q) is a leader in reliable, scalable and secure broadband 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 113,000 miles globally. 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 Qwest 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, volatility of Qwest's stock price, intense competition in the communications services market, changes in demand for Qwest's 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, rapid and significant changes in technology and markets, adverse changes in the regulatory or legislative environment affecting Qwest's business and delays in Qwest's ability to provide interLATA services within its 14-state local service territory, failure to maintain rights of way, and failure to achieve the projected synergies and financial results expected to result from the acquisition of U S WEST timely or at all and difficulties in combining the operations of Qwest and 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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