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Qwest Signs Agreement to Provide Russ Lyon Realty Company With Voice and Data Services

Posted on: Wednesday, 9 November 2005, 09:00 CST

Qwest Communications International Inc. (NYSE:Q) today announced a new five-year agreement for voice and data services with Arizona-based Russ Lyon Realty Company. According to the new contract, worth more than $700,000, Qwest will provide metro optical Ethernet, dedicated and switched long-distance and high-speed DS-3 Internet services for 12 locations in Arizona.

Russ Lyon Realty Company's new voice and data networking system will enable the company's agents to receive faxes via e-mail, as well as the ability to have e-mails automatically read over the phone from any office location. The voicemail system will include and update all information, such as speed dials and messages in real time, which will allow the company to save over $3,000 per month in overall telecommunications costs.

"Qwest is our preferred network provider because they have helped us keep up with the growing demand of our customers," said Mike Messenger, president of Russ Lyon Realty Company. "As our firm continues to expand throughout the Arizona region, our agents will benefit significantly from Qwest's enhanced voice and data services with the ability to work even more efficiently from any of our office locations."

"Qwest has had a long-standing relationship with Russ Lyon Realty Company, so we are pleased to further extend our partnership and continue to serve the company's various locations in Arizona," said Tom Richards, executive vice president, business markets group for Qwest. "In particular, Qwest's metro optical Ethernet and DS-3 high-speed end-to-end digital transmission services will empower Russ Lyon Realty Company to gain significant cost savings, as well as maintain a competitive advantage in the constantly growing real estate market."

In 1947, Russ Lyon Realty Company was founded in Phoenix by Russell Lyon Sr. The company has evolved into a state-wide professional real estate company operating ten offices in the Valley, as well as five independently owned and operated franchises in Prescott, Sedona and Flagstaff, with total company revenues exceeding $1.9 billion. Today, more than 650 licensed sales associates provide real estate transactional services to more than 4,000 clients.

About Qwest

Qwest Communications International Inc. (NYSE:Q) is a leading provider of high-speed Internet, data, video and voice services. With approximately 40,000 employees, Qwest is committed to the "Spirit of Service" and providing world-class services that exceed customers' expectations for quality, value and reliability. For more information, please visit the Qwest Web site at www.qwest.com.

Forward-Looking Statement Note

This release may contain projections and other forward-looking statements that involve risks and uncertainties. These statements may differ materially from actual future events or results. Readers are referred to the documents filed by us with the Securities and Exchange Commission, specifically the most recent reports which identify important risk factors that could cause actual results to differ from those contained in the forward-looking statements, including, but not limited to: access line losses due to increased competition, including from technology substitution of our access lines with wireless and cable alternatives; our substantial indebtedness, and our inability to complete any efforts to de-lever our balance sheet through asset sales or other transactions; any adverse outcome of the current investigation by the U.S. Attorney's office in Denver into certain matters relating to us; adverse results of increased review and scrutiny by regulatory authorities, media and others (including any internal analyses) of financial reporting issues and practices or otherwise; rapid and significant changes in technology and markets; any adverse developments in commercial disputes or legal proceedings, including any adverse outcome of current or future legal proceedings related to matters that are the subject of governmental investigations, and, to the extent not covered by insurance, if any, our inability to satisfy any resulting obligations from funds available to us, if any; potential fluctuations in quarterly results; volatility of our stock price; intense competition in the markets in which we compete, including the likelihood of certain of our competitors consolidating with other providers or otherwise reorganizing their capital structure to more effectively compete against us; changes in demand for our products and services; acceleration of the deployment of advanced new services, such as broadband data, wireless and video services, which could require substantial expenditure of financial and other resources in excess of contemplated levels; higher-than-anticipated employee levels, capital expenditures and operating expenses; adverse changes in the regulatory or legislative environment affecting our business; changes in the outcome of future events from the assumed outcome included in our significant accounting policies; and our ability to utilize net operating losses in projected amounts.

The information contained in this release is a statement of Qwest's present intention, belief or expectation and is based upon, among other things, the existing regulatory environment, industry conditions, market conditions and prices, the economy in general and Qwest's assumptions. Qwest may change its intention, belief or expectation, at any time and without notice, based upon any changes in such factors, in Qwest's assumptions or otherwise. The cautionary statements contained or referred to in this release should be considered in connection with any subsequent written or oral forward-looking statements that Qwest or persons acting on its behalf may issue. This release may include analysts' estimates and other information prepared by third parties for which Qwest assumes no responsibility.

Qwest undertakes no obligation to review or confirm analysts' expectations or estimates or to release publicly any revisions to any forward-looking statements and other statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

By including any information in this release, Qwest does not necessarily acknowledge that disclosure of such information is required by applicable law or that the information is material.

The Qwest logo is a registered trademark of Qwest Communications International Inc. in the U.S. and certain other countries.

Source: Business Wire

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