DENVER, November 24, 2003 ? Qwest Communications International Inc. (NYSE: Q) today announced that the Chicago Symphony Orchestra Association (CSO) has signed a multi-year agreement for Qwest Web hosting services. From its state-of-the-art Chicago CyberCenter, Qwest is helping the CSO bring the world of classical music to the Web browsers.
The CSO is a well recognized group in Chicago and around the world. Symphony Center, the home of the Chicago Symphony Orchestra, presents more than 200 performances and events per year ranging from classical and jazz to family and world music performances. The CSO has also garnered many loyal fans through its Web site, www.cso.org, which offers rich educational material, audio and video clips, an online music store, and concert and performance information, including ticket sales.
Qwest?s Web hosting services will help the CSO ensure its site is always up and running and performing at peak levels so that Web users will always have access to the abundance of content.
?Ticket sales through our Web channel have grown nine times during the past three years, so we can?t afford downtime or outages,? said Adam Fenton, Web site administrator, Chicago Symphony Orchestra. ?It?s crucial that our Web site, and in particular our ability to sell concert tickets, is always working ? as that represents a major source of revenue for us. Qwest is able to provide us with a secure Web hosting solution that fits our requirements. I am also impressed with the Qwest team?s expert service and caring approach to our business.?
?We?re very pleased with this new agreement with the Chicago Symphony Orchestra Association because it shows our commitment to Web hosting and our commitment to bringing new clients to Qwest,? said Cliff Holtz, executive vice president, Qwest business markets group. ?We hope to grow our relationship with the CSO and other important civic groups throughout Chicago.?
Qwest hosting services offer an integrated portfolio of Internet solutions over an all optical Internet protocol (IP) network. Customers can choose from a complete spectrum of fully customizable solutions covering domestic and international dedicated hosting, storage services, backup services, hosted equipment and security services.
Qwest?s eight CyberCenters are located in Burbank, Calif.; Chicago; Denver; Newark; Tampa; Sacramento; Sterling, VA; and Sunnyvale, Calif. The CyberCenters have some of the industry?s most advanced procedures for monitoring, diagnosing and resolving network, operating system, and application problems before they start. Voted ?Hosting Center of the Year? in a recent InfoWorld reader?s choice survey, Qwest was also ranked number one for providing application services in a recent America?s Network end-user survey.
Qwest Communications International Inc. (NYSE: Q) is a leading provider of voice, video and data services to more than 25 million customers. The company?s 47,000 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.
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; further delays in making required public filings with the SEC; 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.
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