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Technology Stocks : (LVLT) - Level 3 Communications -- Ignore unavailable to you. Want to Upgrade?

To: bob zagorin who wrote (3529)	5/31/2007 4:08:17 PM
From: bob zagorin	Respond to of 3873

Level 3 Awarded GSA Networx Enterprise Contract Thursday May 31, 12:45 pm ET Company Selected to Pursue Federal Agency Business; Provide Agencies with a New Competitive Choice in Telecommunications Services BROOMFIELD, Colo., May 31 /PRNewswire-FirstCall/ -- Level 3 Communications, Inc. (Nasdaq: LVLT - News) announced today that it has been awarded a 10-year Networx Enterprise contract by the U. S. General Services Administration (GSA). The Federal contract allows Level 3 to bid on business issued by 135 government agencies and managed under the GSA's Networx Enterprise program. The GSA announced earlier today that it has awarded Networx Enterprise contracts to five companies which were chosen as eligible participants based on specific requirements mandated by the GSA. After an extensive, multi-year evaluation process, Level 3 is now able to pursue business through GSA's Networx program and offer its leading edge services to all Federal agencies. "We are proud to have been awarded a Networx Enterprise contract and look forward to expanding our relationship with GSA and the Federal agencies they serve," said Jerry Hogge, senior vice president of Level 3's Federal Government group. "We believe that Level 3 and our diverse Networx team can help enable a swift and seamless transition to the next generation of telecommunications services within the Federal Government sector." Level 3 will lead a team of industry experts to support government agency needs with a comprehensive suite of network services, security services, and managed network services. Level 3's Networx partners include IBM Internet Security Systems, Unisys Corporation, Multimax, Inc. and a team of small businesses. Level 3 selected these partners to broaden the services available to Federal agencies and to enable the Government to meet its small business program goals. "Level 3 operates one of the largest IP-based networks in the world, with physical diversity to provide resiliency and quality of service," said Hogge. "Through the Networx contract, Level 3 can now offer its high-quality, IP- optimized services to government agencies as a new, competitive choice -- enabling them to transform the way they deploy telecommunications to deliver services to U.S. citizens. Built for next generation telecommunications, the Level 3 network fully supports today's technology demands and was designed to be able to take advantage of future technological innovations." About Level 3 Communications Level 3 Communications, Inc (Nasdaq: LVLT - News), an international communications company, operates one of the largest Internet backbones in the world. Through its customers, Level 3 is the primary provider of Internet connectivity for millions of broadband subscribers. The company provides a comprehensive suite of services over its broadband fiber optic network including Internet Protocol (IP) services, broadband transport and infrastructure services, colocation services, voice services and voice over IP services. These services provide building blocks that enable Level 3's customers to meet their growing demands for advanced communications solutions. The company's Web address is www.Level3.com.