DENVER, July 17, 2002 ? Qwest Communications International Inc. (NYSE: Q) today announced that it has been awarded a multi-year contract to provide advanced communications services to the New Mexico Multi-Agency Network (MAGnet).
Under the contract, Qwest will deliver a centralized state-of-the-art backbone infrastructure allowing the transfer of voice, video and data services to MAGnet, which will reach state-government agencies and the citizens they serve in 24 rural and urban communities throughout New Mexico. MAGnet was designed to allow the State of New Mexico to consolidate all public-sector communications requirements from multiple networks into a single network. MAGnet will provide broadband capacity to the state, and will enable applications such as distance-learning and telemedicine applications, while reducing administrative and maintenance costs to taxpayers.
?This far-reaching network, while initially designed to benefit the public sector, will ultimately open the doors for economic development throughout the state,? said Bob Stafford, chief information officer for the State of New Mexico. ?MAGnet initially will enable state agencies, K-12, higher education institutions, judicial branches of government, and local and county government agencies to offer their services and applications to the general public in a more cost-effective and expedient manner. Because the State of New Mexico and its agencies have established the ?anchor tenant? that provides the business case for the deployment of this high-speed infrastructure, new businesses thinking about moving to New Mexico in the future, will be assured of getting the leading-edge, high-speed network connections required in today?s business environment ? not only in metro areas but in communities across the state.?
?Qwest?s partnership with the State of New Mexico is an example of how the public and private sectors can work together to establish a unique platform to benefit state and local agencies while also stimulating economic growth throughout New Mexico,? said Cliff Holtz, executive vice president for Qwest?s business markets group. ?Public sector entities across New Mexico will begin seeing wider availability of services not traditionally available ? or at least very expensive ? to acquire in the past.?
Qwest also has contracts to provide high-speed Internet access to K-12 schools throughout Colorado, Kentucky, New Mexico, Ohio, Utah and Washington. Qwest also has deals to provide various communications services to state and local government organizations in 40 states.
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 190,000 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 assumptions, risks and uncertainties. Readers are cautioned not to place undue reliance on these statements, which speak only as of the date of this release. These statements may differ materially from actual future events or results. Readers are referred to the documents filed by Qwest Communications International Inc. (together with its affiliates, ?Qwest?, ?we? or ?us?) with the Securities and Exchange Commission (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 but not limited to: the duration and extent of the current economic downturn in our 14-state local service area, including its effect on our customers and suppliers; any adverse outcome of the SEC?s current inquiries into Qwest?s accounting policies, practices and procedures; adverse results of increased review and scrutiny by regulatory authorities, media and others (including any internal analyses) of financial reporting issues and practices or otherwise; rapid and significant changes in technology and markets; failure to achieve the projected synergies and financial results expected to result from the acquisition of U S WEST, and difficulties in combining the operations of the combined company; our future ability to provide interLATA services within our 14-state local service area; potential fluctuations in quarterly results; volatility of Qwest?s stock price; intense competition in the markets in which we compete; changes in demand for our products and services; adverse economic conditions in the markets served by us or by companies in which we have substantial investments; 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; adverse developments in commercial disputes or legal proceedings; and changes in the outcome of future events from the assumed outcome included by Qwest in its significant accounting policies. The information contained in this release is a statement of Qwest?s present intention, belief or expectation and is based upon, among other things, the existing regulatory environment, industry conditions, market conditions and prices, the economy in general and Qwest?s assumptions. Qwest may change its intention, belief or expectation, at any time and without notice, based upon any changes in such factors, in Qwest?s assumptions or otherwise. The cautionary statements contained or referred to in this release should be considered in connection with any subsequent written or oral forward looking statements that Qwest or persons acting on its behalf may issue. 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.
The Qwest logo is a registered trademark of, and CyberCenter is a service mark of, Qwest Communications International Inc. in the U.S. and certain other countries.