Level 3 to Provide Caching and Download Services for Leading White Label Bingo Company
LONDON, Sep 21, 2010 (BUSINESS WIRE) -- Level 3 Communications, Inc. (NYSE:LVLT, news, filings) today announced it will provide content delivery network (CDN) services for Virtue Fusion (Alderney) Ltd, developers of popular white label Bingo and networked gaming solutions for the online gambling community.
Virtue Fusion (Alderney) Ltd currently maintains licenses with more than 20 well-known providers of Internet bingo products, including Ladbrokes, Virgin Games, Paddy Power, William Hill, Mecca Bingo, Sky and bet365. Under the terms of the contract, Level 3 will provide caching and download services, allowing Virtue Fusion (Alderney) Ltd to greatly improve the end-user experience with faster and more consistent download times. The agreement will also result in a significant reduction in the company's data centre bandwidth charges.
"The consistent performance of our CDN is crucial to ensuring a great gaming experience for our customers," said Bob McCulloch, CEO of Virtue Fusion (Alderney) Ltd. "With Level 3, we can deliver top quality and reliability for our customers whilst realising a significant cost efficiency for our own business."
Virtue Fusion (Alderney) Ltd's operations are located on the island of Guernsey in the British Channel Islands. Because of its remote island location, the company had previously been limited in its telecommunications options. By switching to Level 3's CDN for their caching and download needs, the company will have access to Level 3's suite of media delivery services, which are designed for global reach and optimized for the end-user experience.
"Level 3's CDN solution for Virtue Fusion (Alderney) Ltd provides the scalability and network resiliency they need to meet current and future demand," said James Heard, president of European Markets at Level 3. "We're pleased that we were able to provide a better solution for their needs whilst helping them to reduce some of their previous infrastructure and usage costs."
To learn more about Level 3's media delivery services, please visit www.level3delivers.com.
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 services are provided by wholly owned subsidiaries of Level 3 Communications, Inc.
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.
SOURCE: Level 3 Communications
Level 3 Communications Media: Alexis Hammack, 720-888-2441 Alexis.Hammack@level3.com or Investors: Mark Stoutenberg, 720-888-2518