BROOMFIELD, Colo., August 24, 2010
Level 3 Communications, Inc. (NYSE:LVLT, news, filings) today announced that it has been selected by CAP Logistics, a transportation solutions provider, to deliver voice, data, Internet protocol (IP) and colocation services.
Under the terms of the three-year agreement, Level 3 will provide CAP Logistics with session initiated protocol (SIP) trunking voice, IP virtual private network (IPVPN), dedicated Internet access (DIA), and colocation services. Based in Denver, CAP Logistics will use these new services to manage its business more efficiently and bolster its disaster recovery solutions. The services will be deployed in Denver, Salt Lake City, Houston and Mount Prospect, Ill.
“As a logistics company, it is our priority to deliver to our customers’ bottom line each time they ship with us. By enhancing our technologies, we can ensure that our customers achieve greater efficiency when they ship with us,” said Gayle Dendinger, president and chief executive officer for CAP Logistics. “Level 3’s vast array of telecommunications services, coupled with reliable service expertise and its advanced Tier 1 IP backbone, enable us to provide premium solutions to better serve our growing customer base.”
“We are delighted to be working with CAP Logistics and to enable them to offer their customers and partners first-rate solutions,” said Andrew Crouch, president of Sales for Level 3. “CAP Logistics’ selection of Level 3 demonstrates the growing need for enterprises to capitalize on their communications systems and emphasizes our increasing presence within this market.”
Level 3 leverages its extensive fiber-optic network, metro assets, and a locally-focused sales and sales support organization to deliver world-class services to enterprise customers and service providers throughout the United States.
About Level 3 Communications
Level 3 Communications, Inc. (NASDAQ: LVLT) is a leading international provider of fiber-based communications services. Enterprise, content, wholesale and government customers rely on Level 3 to deliver services with an industry-leading combination of scalability and value over an end-to-end fiber network. Level 3 offers a portfolio of metro and long-haul services, including transport, data, Internet, content delivery and voice. For more information, visit www.Level3.com.
© Level 3 Communications, LLC. All Rights Reserved. Level 3, Level 3 Communications and the Level 3 Communications Logo are either registered service marks or service marks of Level 3 Communications, LLC and/or one of its Affiliates in the United States and/or other countries. Level 3 services are provided by wholly owned subsidiaries of Level 3 Communications, Inc. Any other service names, product names, company names or logos included herein are the trademarks or service marks of their respective owners.
Some of the statements made in this press release are forward looking in nature. These statements are based on management’s current expectations or beliefs. These forward looking statements are not a guarantee of performance and are subject to a number of uncertainties and other factors, many of which are outside Level 3’s control, which could cause actual events to differ materially from those expressed or implied by the statements. The most important factors that could prevent Level 3 from achieving its stated goals include, but are not limited to, the current uncertainty in the global financial markets and the global economy; disruptions in the financial markets that could affect Level 3’s ability to obtain additional financing; as well as the company’s ability to: increase and maintain the volume of traffic on the network; successfully integrate acquisitions; develop effective business support systems; defend intellectual property and proprietary rights; manage system and network failures or disruptions; develop new services that meet customer demands and generate acceptable margins; adapt to rapid technological changes that lead to further competition; attract and retain qualified management and other personnel; and meet all of the terms and conditions of debt obligations. Additional information concerning these and other important factors can be found within Level 3’s filings with the Securities and Exchange Commission. Statements in this press release should be evaluated in light of these important factors. Level 3 is under no obligation to, and expressly disclaims any such obligation to, update or alter its forward-looking statements, whether as a result of new information, future events, or otherwise.
|Jon Paul McLeary||Mark Stoutenberg|
|Level 3 Communications||Level 3 Communications|