Company Also Announces it Is Serving Customers from its Multi-Story Facility in Manhattan
Customer Demand Drives Need for New Facilities
Advanced Facilities Enable Internet Service Providers and other Level 3 Customers to Deliver Services to Businesses and Residences
BROOMFIELD, COLORADO, June 8, 2000 – Level 3 Communications, Inc. (Nasdaq:LVLT), today announced that it has opened its fifth Internet and communications facility in the New York metropolitan area. The new advanced facility, in Garden City, Long Island, will enable Internet Service Providers (ISPs) and other Level 3 customers to meet the continuing growing demand for business and residential Internet and communications services in the region.
The company also announced today that its fourth and largest colocation center in the New York area, a 500,000 square foot facility in Manhattan, is now serving customers. Level 3 currently has more than 35 Gateways in both the U.S. and Europe. "We are witnessing an explosion in demand for advanced technical space where our customers can physically locate their equipment and connect directly to Level 3's broadband fiber-optic network, which is the first international upgradeable network optimized for Internet Protocol technology," said Kevin J. O'Hara, Level 3 executive vice president and chief operating officer. "The new facility we're announcing today in Garden City is aimed squarely at meeting the growing needs of our Web-centric customers in the region," said O'Hara. "Additionally, Long Island is important to Level 3's overall network strategy because the area serves as a hub for many of the local access providers, and this new facility offers them direct access to the Level 3 network."
Level 3's IP-based network features advanced technology that provides high quality, low cost services to help enable Internet related businesses to add value and, in turn, deliver their services to end-users. Level 3 enables Web-centric companies to grow quickly by providing infrastructure and network services to meet increasing demands for e-commerce, streaming audio and video, and many other Web-based and communications services.
Services Offered in Gateways
The initial services being offered to business customers in Level 3's Gateways in the New York, New Jersey and Long Island region include:
Internet Protocol (IP) Services
Colocation – secure space in a Level 3 Gateway where a customer can locate specialized data and communications equipment, which can be connected to Level 3's high capacity communications network for reliable, secure and upgradeable access to the Internet;
Internet Access – high capacity, upgradeable connections to the Internet for Internet Service Providers and corporate users;
IP CrossRoads – high capacity, upgradeable connections between service providers and content providers within colocation centers;
Transport Services:
Private Lines – dedicated, point-to-point circuits between two predetermined points that a customer uses to transmit voice, data or video services;
Dark Fiber – optical fibers, without any of the equipment necessary to send signals, provided to customers for the exclusive use of individual carriers, who determine the type of electronics and bandwidth for their own needs;
Softswitch Services:
Managed Modem – a service that provides local telephone numbers, modems and Internet connections as an outsourced service to Internet Service Providers.
(*Softswitches are advanced software based switching systems that enable Level 3 to provide services combining the best features of the Internet and traditional telephone networks.)
About Level 3 Communications
Level 3 Communications, Inc. (NASDAQ: LVLT), an international communications company, operates one of the largest Internet backbones in the world, connecting 180 markets in 18 countries. The company serves a broad range of wholesale, enterprise and content customers with a comprehensive suite of services including: Internet Protocol (IP) services, broadband transport and infrastructure services, colocation services, voice and voice over IP services, content delivery and media distribution services. These services provide the building blocks to enable Level 3’s customers to meet their growing demands for advanced communications solutions. The company’s Web address is www.Level3.com.
"Level 3 Communications,” "Level 3," the red 3D brackets and the Level 3 Communications logo are registered service marks of Level 3 Communications, LLC 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, product or company names recited herein may be trademarks or service marks of their respective owners.
Forward-Looking Statement
Some of the statements that we make 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 our control, which could cause actual events to differ materially from those expressed or implied by the statements. The most important factors that could prevent us from achieving our stated goals include, but are not limited to our ability to: successfully integrate acquisitions; increase the volume of traffic on our network; defend our intellectual property and proprietary rights; develop new products and services that meet customer demands and generate acceptable margins; successfully complete commercial testing of new technology and information systems to support new products and services; attract and retain qualified management and other personnel; and meet all of the terms and conditions of our 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.
