DENVER, July 19, 2004 ? Qwest Communications International Inc. (NYSE: Q) today announced an expanded multi-year contract with World Vision, Inc., a leading humanitarian organization serving the world?s poorest children and families, for its industry-leading private routed network (PRN) services. World Vision has been a Qwest customer since 1995.
Using Qwest?s PRN services, World Vision is able to send and receive voice, video and data information to its offices throughout the United States. This helps World Vision better execute its economic development, education and healthcare services to families in need. Qwest?s PRN service gives World Vision a cost-effective solution to communicate more efficiently across the country and is easily scaleable to help it communicate with its field offices throughout the world.
"Using Qwest's communication services provides us with the tools we need to communicate interactively with our staff in many different locations simultaneously,? said Mark Berger, World Vision manager of telecommunications. "The efficiency and reliability of these tools help us to work collaboratively to develop and implement programs that best serve underprivileged children and families."
?At Qwest, we are committed to providing all of our customers with tailored communications solutions that, in turn, help them provide better service to their clients,? said Clifford S. Holtz, executive vice president, Qwest business markets. ?We are proud to help World Vision achieve its communications objectives and provide quality service to such a far-reaching, humanitarian organization.?
Qwest?s PRN is a secure, managed and scalable suite of solutions that help customers improve efficiency by minimizing their role in network management and other operational burdens imposed by wide area networking and security technologies. Qwest?s virtual private network services received an ?A-minus? grade from Network Computing Magazine in a 2004 study and were recently ranked number one in a 2003 America?s Network end-user survey of service providers.
About World Vision
Founded in 1950, World Vision is a Christian humanitarian organization, serving the world's poorest children and families in nearly 100 countries.
World Vision maintains health, education, agriculture, water, sanitation, and small business projects that help millions of people in their communities, helping transform the lives of children and families in need without regard to their religious beliefs, gender, race, or ethnic background. For more information, visit www.worldvision.org.
Qwest Communications International Inc. (NYSE: Q) is a leading provider of voice, video and data services. The company?s 46,000 employees are committed to the ?Spirit of Service? and providing world-class services that exceed customers? expectations for quality, value and reliability. For more information, please visit the Qwest Web site at www.qwest.com.
Forward Looking Statement Note
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 us 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 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; access line losses due to increased competition, including from technology substitution of our access lines with wireless and cable alternatives; our substantial indebtedness, and our inability to complete any efforts to de-lever our balance sheet through asset sales or other transactions; any adverse outcome of the SEC's current investigation into our accounting policies, practices and procedures and certain transactions; any adverse outcome of the current investigation by the U.S. Attorney's office in Denver into certain matters relating to us; adverse results of increased review and scrutiny by Congress, 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; any adverse developments in commercial disputes or legal proceedings, including any adverse outcome of current or future legal proceedings related to matters that are the subject of governmental investigations, and, to the extent not covered by insurance, if any, our inability to satisfy any resulting obligations from funds available to us, if any; potential fluctuations in quarterly results; volatility of our stock price; intense competition in the markets in which we compete including the likelihood of certain of our competitors emerging from bankruptcy court protection or otherwise reorganizing their capital structure and competing effectively against us; changes in demand for our products and services; 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; and changes in the outcome of future events from the assumed outcome included in our 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.