DENVER, June 30, 1998 - Qwest today announced it has been chosen to provide multimedia and voice services to Cox Enterprises, Inc., one of the nation?s leading media companies and the world?s largest operator of automobile auctions. The agreement will help support Cox?s information networks and provide high-speed communications links to support the distribution of data, video and voice between the organization?s locations.
?The Qwest network gives us the necessary resources to effectively expand the capabilities of our network and will serve as a fundamental component of the company?s overall information architecture,? said Scott Hatfield, chief information officer for Cox Enterprises.
Under the terms of the agreement, Cox will utilize Qwest?s Q.integrity(sm) high-performance suite of business services including Virtual Netwme relay, calling card and inbound and outbound long-distance service. A major component of the deal calls for Qwest to install more than 650 nodes of frame relay connectivity between all of Cox?s facilities - supporting a number of key functions including the transmission of text and images between Cox?s 16 daily newspapers, and electronic commerce for customers of Cox?s cable television services.
?We are extremely proud to have been selected to help address the needs of Cox Enterprises with our comprehensive portfolio of business services. To be competitive in today?s global marketplace, top media organizations such as Cox require a wide array of multimedia services to better manage and improve their overall information flow,? said Lewis O. Wilks, Qwest?s president of business markets. ?The combined resources of Qwest and LCI allow us to deliver this creative service offering, clearly positioning Qwest as the most innovative and aggressive multimedia provider in the industry today.?
About Cox Enterprises
Cox Enterprises, Inc., founded 100 years ago, includes Cox Communications, Inc. (publicly traded and majority owned: one of the nation?s largest broadband communications companies, including cable), Cox Newspapers, Inc. (daily and weekly newspapers, direct mail marketing, and book publishing), Cox Broadcasting, Inc. (television stations, television sales representation, TV production, and research; majority owner of publicly-traded Cox Radio, Inc., one of the 10 largest radio broadcasting companies in the nation), and Manheim Auctions, Inc. (automobile auctions, dealer services, government auctions, online services and price guides). The company is a pioneer in online news, information and entertainment services on the Internet, provided through Cox Interactive Media.
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 on Form 10-Q, 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, volatility of stock price, financial risk management and future growth subject to risks.
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