DENVER, March 3, 1999 ? Qwest Communications International Inc. announced today the introduction of Q.Commerce, a series of electronic-commerce solutions for businesses. The initial offering is Q.Commerce-Retail, a turnkey solution that allows traditional retailers to generate sales and revenue by creating and operating Web-based storefronts. Q.Commerce-Retail is the first offering resulting from the strategic relationship formed between Qwest and Microsoft Corporation in December 1998.
Q.Commerce-Retail is a complete end-to-end solution which includes high-speed Internet access, managed Web hosting services, hardware, software consulting, design and graphics, direct merchandising assistance and site promotion -- all the elements required for retailers to capitalize on the explosive Internet commerce market.
According to Forrester Research, e-commerce sales, excluding automobiles, will grow from $7.8 billion in 1998 to $108 billion by 2003.
"Q.Commerce-Retail is yet another clear-cut example of how Qwest, with the help of leading technology companies such as Microsoft, is rapidly becoming a major provider of Internet-based communications services," said Scott Baxter, president of Qwest Internet Solutions. "Q.Commerce-Retail is a complete, single-source offering that allows any-size business to launch electronic-commerce capabilities with virtually no technical resources. This new service effectively blends Qwest?s communications and consulting capabilities with Microsoft?s leading edge Windows NT-based Site Server Commerce Edition software, so companies can leverage the Internet to establish an ongoing relationship with their customers through the Web. Q.Commerce-Retail, built around Microsoft?s Complete Commerce offerings, is a total solution that includes helping a business create a site, complete transactions, analyze activities and market their storefront," said Thomas Koll, Microsoft?s vice president of the Internet Customer Unit. "This offering based on the Microsoft Windows NT Server operating system and Qwest's Internet Protocol (IP)-based fiber optic network can help businesses of all sizes to participate in electronic commerce."
Qwest Communications International Inc. (Nasdaq: QWST) is a leader in reliable and secure broadband Internet-based data, voice and image communications for businesses and consumers. Headquartered in Denver, Qwest has more than 8,000 employees and 80 sales offices in North America, Europe and Mexico. The Qwest Macro Capacity (SM) Fiber Network, designed with the newest optical networking, will span more than 18,500 route miles in the United States when it is completed by mid-1999, and the additional 315-mile network route recently announced will be complete by the end of the year. In addition, Qwest and KPN, the Dutch telecommunications company, are forming a venture to build and operate a high-capacity European fiber optic, Internet Protocol-based network that has 2,100 miles and will span 9,100 miles when it is completed in 2001. Qwest also has nearly completed a 1,400-mile network in Mexico. For more information, please visit the Qwest web site at www.qwest.com.
This release may contain 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 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 potential fluctuations in quarterly results, dependence on new product development, rapid technological and market change, failure to complete the network on schedule and on budget, financial risk management and future growth subject to risks, Qwest?s ability to achieve Year 2000 compliance, adverse changes in the regulatory or legislative environment, and satisfactory negotiation and execution of definitive documentation. 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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