DENVER ? September 24, 1998 ? Qwest Communications (NASDAQ: QWST) today announced it has signed a contract with PointCast Incorporated, the leading broadcaster of personalized news and information to business consumers. Under the multimillion-dollar agreement, Qwest will provide OC-3 (155 mbps) connectivity to the Internet for the PointCast? Network.
The high-speed capacity on the nationwide Qwest Macro CapacitySM Fiber network will provide the majority of PointCast?s 1.2 million active viewers with, among other things, faster downloads of the service and the delivery of breaking local, national, world, and industry news as it happens.
"PointCast was the first to provide Internet viewers with a free news network, and its popular platform provides one of the most comprehensive and customized Internet news services available today," said Lew Wilks, president of business markets for Qwest. "As Qwest continues to deploy the most advanced, highest capacity network in the world, companies like PointCast, who require reliable, high quality transmission of Internet and data traffic, continue to choose Qwest for their communications needs."
As part of Qwest?s recently announced commercial availability of its nationwide OC-48 IP network, the company now offers customized Internet solutions for bandwidth intensive customer needs such as e-commerce, video-on-demand and other key data applications. Qwest also offers its customers some of the industries? most aggressive service level agreements including 100 percent network availability.
"This partnership with Qwest allows PointCast to implement a more robust network solution, helping the company to grow domestically and internationally," said John Yung, director of network operations and information technology. "The service-level agreement PointCast is receiving from Qwest ensures high performance and lower network latency, which translate into a better viewer experience."
PointCast aggregates news and information from more than 700 quality sources worldwide and broadcasts it via the Internet and corporate Intranets directly to viewers? desktops. PointCast?s Central Broadcast Facility receives news and information via satellite from sources all over the world, 24 hours a day. That information in compressed and formatted for broadcast using PointCast?s Smart Broadcast technology.
The Qwest Macro Capacity Fiber Network
Qwest's planned domestic 18,449-mile network will serve over 130 cities, which represent approximately 80 percent of the data and voice traffic originating in the United States, upon its scheduled completion in the second quarter of 1999. To date, approximately 8,850 miles of the Qwest Macro Capacity Fiber Network are activated, and construction has commenced on 17,773 miles. Qwest?s transcontinental segment extends from Los Angeles to Sacramento and across to New York. Additionally, Qwest owns transatlantic submarine capacity linking the United States to Europe and will jointly own a transpacific submarine cable system connecting the U.S. to the Pacific Rim. Qwest is also extending its network 1,400 miles into Mexico with completion slated for late 1998.
The Qwest Macro Capacity Fiber network is designed with highly reliable and secure bi-directional, line switching OC-192 SONET ring architecture. Upon completion, the network will offer a self-healing system that provides the ultimate security and reliability by allowing instantaneous rerouting in the event of a fiber cut.
PointCast Incorporated was founded in 1992 to provide current news and information services to viewers and corporations via the Internet and corporate intranets. Since PointCast launched the PointCast Network in February 1996, the Company has won more than eighty industry awards and honors, including CNET's Best Internet Application, PC Magazine's Technical Excellence award and PC Computing's Most Valuable Product award. The PointCast Network can be downloaded free at www.pointcast.com.
Qwest Communications International Inc. (NASDAQ: QWST) is a multimedia communications company and one of the fastest growing companies in America today. Headquartered in Denver, Colorado, Qwest has approximately 6,000 employees and over 80 sales offices worldwide. With its world-class data and multimedia network, marketing expertise, and customer care and billing systems, Qwest is delivering high-quality data, video and voice connectivity securely and reliably to customers around the world. Further information is available at
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 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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