DENVER, August 21, 2001? Qwest Communications International Inc. (NYSE: Q), the broadband communications company, today announced that it will serve as the sole dedicated Web-hosting provider for DivXNetworks, Inc., the technology company that created the popular MPEG-4 Internet video format DivX?. DivXNetworks compresses full-length movies into sizes small enough to be sent over the Internet or stored on a single compact disk.
In a multi-year, multi-million dollar agreement, DivX will collocate its video-on-demand (VOD) equipment in several of Qwest?s North American CyberCenters(sm), which sit directly on Qwest?s global, high-speed fiber-optic network. Qwest will host the Content Enablement Platform, a core component of DivXNetworks? Open Video System?. The Open Video System delivers full-screen DVD-quality video content over Internet Protocol (IP) networks directly to the customers? premises.
?Working with Qwest will provide an excellent strategic advantage for our company going forward,? said Jordan Greenhall, co-founder and chief executive officer of DivXNetworks. ?We conducted an extensive analysis of existing Web hosting options, and Qwest was clearly the best fit. Highly effective and cost-efficient IP-based content delivery is the key to our product offering, and Qwest offers an impressive backbone and infrastructures to scale as we pursue key vertical market segments such as entertainment, education, hospitality and corporate training.?
?DivXNetworks has an industry-leading video compression technology and a strong vision for the future of IP-based VOD,? said Rick Weston, senior vice-president, Qwest Internet Solutions. ?DivXNetworks brings an incredible amount of content to customers and we?re confident that Qwest?s network, management services and hosting expertise will be the best delivery vehicle.?
Qwest offers a wide variety of Web hosting and managed services, from basic collocation to customized, integrated e-commerce solutions, which may incorporate ASP services from Qwest Cyber.Solutions. Trained professionals monitor all Qwest Web hosting services 24 hours a day, seven days a week via Qwest CyberCentral(sm) ? a centralized hosting operations center. The Web sites and e-commerce solutions are housed in one of Qwest?s 16 state-of-the-art CyberCenters that are built to ensure client systems and equipment are up and running even under extreme conditions.
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.