Mesh Solutions Purchases Additional Colocation and IP Transit Services in Seven European Cities
London, March 31, 2003 - Level 3 Communications, Inc. (Nasdaq:LVLT) today announced it has signed a new expanded agreement to provide colocation and IP transit services to Mesh Solutions, one of Europe's leading web hosting companies.
Under the terms of the new two-year agreement, Mesh Solutions will increase its use of (3)Center Colocation and (3)CrossRoads Internet access services in Amsterdam, Berlin, Duesseldorf, Frankfurt, Hamburg, Munich and Paris. Mesh Solutions, which has been using Level 3's colocation services since 2001, also purchased metropolitan dark fibre in Dusseldorf.
"We chose Level 3 because its carrier-neutral data centers and high-quality IP transit service provides us extensive and reliable connectivity to the networks that comprise the public Internet," said Human Gharavi, managing director for Mesh Solutions. "Moreover, Level 3's broadband infrastructure offers the premium performance and scalability we require to continue providing our customers with the highest quality and affordable web hosting services."
"We are firmly committed to meeting Mesh Solution's needs for expanded geographic coverage and high-quality network performance," said Brady Rafuse, president for Level in Europe. "We're delighted that Mesh Solutions has chosen Level 3 as a network partner, and look forward to working with them to help deliver their wide range of superior web hosting services."
Level 3 operates one of the largest IP backbones that spans 57 North American markets and 16 European markets, and is accessible from more than 550 traffic aggregation points. In a recent ISP backbone test conducted for Network World magazine, Level 3's core IP network delivered 100 percent uptime, one of only three networks to do so. Those test results also revealed that Level 3 achieved zero percent packet loss, and average jitter of only 13 microseconds, which are both key network performance measurements. While no formal ranking of the backbone was issued, Level 3's IP network proved to be one of the best performing networks on each of the tests conducted.
Level 3 is one of the largest providers of colocation space in the world, operating more than 70 data center facilities in 66 markets in the U.S. and Europe.
About Level 3 Communications Level 3 (Nasdaq:LVLT) is an international communications and information services company. The company operates one of the largest Internet backbones in the world, is one of the largest providers of wholesale dial-up service to ISPs in North America and is the primary provider of Internet connectivity for millions of broadband subscribers, through its cable and DSL customers. The company offers a wide range of communications services over its 20,000-mile broadband fiber optic network including Internet Protocol (IP) services, broadband transport, colocation services, and patented Softswitch-based managed modem and voice services. Its Web address is www.Level3.com.
The company offers managed IP and information services through its subsidiaries, Genuity Managed Services, (i)Structure and Software Spectrum. For additional information, visit their respective web sites at www.genuity.com, www.softwarespectrum.com, and www.i-structure.com.
About Mesh Solutions MESH-Solutions is the leading hosting provider in Germany. In the last two years MESH-Solutions has developed into one of the biggest colocation providers in Level 3's European data centers. Customers of MESH-Solutions include German television companies, TV-production companies and major software companies.
(3)CrossRoads, (3)Center Colocation and (3)Link Dark Fiber are service marks of Level 3 Communications, Inc.
Forward Looking Statement
Some of the statements made by Level 3 in this press release are forward-looking in nature. Actual results may differ materially from those projected in forward-looking statements. Level 3 believes that its primary risk factors include, but are not limited to: changes in the overall economy relating to, among other things, the September 11 attacks and subsequent events, substantial capital requirements; development of effective internal processes and systems; the ability to attract and retain high quality employees; technology; the number and size of competitors in its markets; law and regulatory policy; and the mix of products and services offered in the company's target markets. 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 release should be evaluated in light of these important factors.
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.
