DENVER, October 3, 2000 — Qwest Communications International Inc. (NYSE: Q), the broadband Internet communications company, announced that Qwest Cyber.Solutions LLC, the largest enterprise Application Service Provider (ASP), has been awarded a $3.5 million contract from Rochester Institute of Technology, a leading career-oriented university in western New York. QCS will provide RIT with its Freedom for Hosted Applications™ and Freedom for Managed Applications™ services for Oracle financial applications.
Ranked by US News & World Reports as one of the nations leading universities in terms of academic reputation and best value, RIT selected QCS’ ASP solution so that they could focus their IT resources on the academic mission of the University rather than the hosting and management of financial applications.
“At RIT, educating tomorrow’s talent with a leading edge career-focused curriculum is our mission. We selected QCS’ ASP solution because it will help us focus our on-campus IT staff on supporting the premier academic programs of the University,” said James Watters, VP of finance and administration for RIT. “Their experienced team provides us the peace of mind that we need to efficiently and effectively maintain the strong reputation of the University as an innovative institution dedicated to excellence in higher education.”
QCS will provide RIT with a fully hosted and managed ASP solution for RIT’s enterprise users of Oracle’s financial applications. QCS Freedom for Hosted Applications and Freedom for Managed Applications provide RIT with a secure, reliable and scalable solution that provides the advantages of a predictable cost model, a stable IT environment and access to a wealth of specialized applications expertise.
"RIT is a great example of an institution that understands how to use technology as a strategic advantage," said John Charters, president and CEO of Qwest Cyber.Solutions. "RIT has earned its reputation as a leader in education and is seizing the ASP opportunity to reinvest its resources into the important business of education."
About Qwest Cyber.Solutions
Qwest Cyber.Solutions (QCS) is the industry's largest enterprise applications service provider (ASP) delivering scalable and reliable business critical software solutions through remote management and hosting of Enterprise Resource Planning (ERP), Customer Relationship Management (CRM) and Business-to-Business (B2B) E-Commerce applications. A joint venture between Qwest Communications International Inc. (NYSE: Q) and KPMG LLP, QCS leverages Qwest's state-of-the-art Internet protocol broadband network and CyberCenters as well as KPMG's consulting and software integration expertise. QCS' software applications portfolio includes Ariba, Captura, Oracle, PeopleSoft, SAP, Siebel, and others. For more information, see the QCS Web site at www.qwestcybersolutions.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 and U S WEST, Inc. 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, dependence on new product development, rapid technological and market change, failure to maintain rights of way, financial risk management and future growth subject to risks, adverse changes in the regulatory or legislative environment, and failure to achieve the synergies and financial results expected from the acquisition of 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.
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