DENVER, October 17, 2001 ? Qwest Communications International Inc. (NYSE: Q), the broadband communications company, announced today that it has successfully completed the Statement on Auditing Standards No. 70 (SAS 70), ?Service Organizations,? audit for all Qwest-owned Web hosting CyberCenters(SM). The successful completion of this audit ensures financial institutions that Qwest provides reliable and secure environments for conducting online transactions.
SAS 70 Type II, an auditing standard developed by the American Institute of Certified Public Accountants (AICPA), is a widely recognized standard in the financial community because it signifies that a service provider has processes in place to monitor service levels throughout its Web hosting facility or facilities. An independent accounting and auditing firm, in this case Ernst and Young, administers the SAS 70 auditing process.
?Completing the SAS 70 Type II audit proves Qwest?s leadership within the Web hosting services marketplace,? said Shaun Gilmore, executive vice president of global products and solutions for Qwest. ?This achievement ? along with our SunTone certification and IBM Hosting Advantage qualification ? provides our customers with a one-stop solution for everything from iron-clad security and network reliability to superior customer support.?
Qwest is the only provider to offer the full spectrum of Web hosting and managed services, application service provider and professional services combined with a global OC-192 broadband communications network and data-center infrastructure that can support entry-level companies to global multi-national enterprises.
The foundation for Qwest?s service offerings is its 113,000-mile Macro Capacity® Fiber Network, which circumnavigates the globe and provides a platform for a wide spectrum of services.
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, 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.
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.