CacheLogic Selects Level 3 to Provision Network Services
Agreement Supports Growing Video Sharing Phenomenon and Emerging Content Applications
BROOMFIELD, Colo., October 11, 2006 - Level 3 Communications’ Content Markets Division today announced it has been selected by CacheLogic, a provider of media delivery solutions to the content community, to provide network services that will enable the growth of CacheLogic’s global media delivery platform.
Under the terms of the multi-year agreement Level 3 will be CacheLogic’s preferred provider of high-speed Internet access and colocation services to support the company’s recently announced VelociX™ accelerated media delivery platform, targeting TV producers and studios who want to rapidly distribute their media to end-users. The service will be offered in the United States, Europe and Asian markets.
“Until now there have been limitations to effectively distributing movies, television programs and other rich media content over the Internet. Despite that, video sharing has been growing exponentially,” said Andrew Parker, chief technical officer and co-founder of CacheLogic. “Using Level 3’s advanced, scalable network and unparalleled high-bandwidth, high-speed services to power VelociX, we believe we can significantly improve the end-user experience.”
CacheLogic enables content providers to cost-effectively offer a wide range of movies, television programs and other rich media content to customers over the Internet. The company offers solutions to facilitate large media assets, such as television programs or movies, to be downloaded in minutes rather than hours. The broadband services provided by Level 3 will help CacheLogic extend its platform to a larger market.
“We’re pleased to be supporting CacheLogic in reaching the content community,” said Brady Rafuse, president of Level 3 Content Markets. “We believe Level 3 has the network, service portfolio and expertise to be a valuable resource to CacheLogic.”
Eight of the top-10 Internet destinations trust Level 3 to deliver network solutions. With one of the world’s largest IP backbones, Level 3 provides reliable high capacity solutions to meet the rapidly growing demand for rich media content online. With Internet connectivity in 82 key markets, and a comprehensive suite of network services that serve as customizable building blocks, Level 3 has the scalability, performance, and service portfolio to help its customers meet their customers’ demands.
About Level 3 Communications
Level 3 Communications, Inc. (Nasdaq: LVLT), 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 http://www.level3.com/.
“Level 3 Communications,” ”Level 3" and the Level 3 Communications logo are registered service marks of Level 3 Communications, Inc. in the United States and/or other countries. “VelociX” is a service mark of CacheLogic Limited, PLC in the United States and/or other countries. .Any other product and company names herein may be trademarks of their respective owners. Level 3 services are provided by wholly owned subsidiaries of Level 3 Communications, Inc.
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: increasing the volume of traffic on Level 3’s network; developing new products and services that meet customer demands and generate acceptable margins; successfully completing commercial testing of new technology and information systems to support new products and services, including voice transmission services; stabilizing or reducing the rate of price compression on certain of our communications services; integrating strategic acquisitions; attracting and retaining qualified management and other personnel; and the ability to 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 release should be evaluated in light of these important factors.
- Contact Information
- Jennifer Daumler
- Media Contact
- Level 3 Communications, Inc.
- Contact via E-mail
This news content was configured by WebWire editorial staff. Linking is permitted.
News Release Distribution and Press Release Distribution Services Provided by WebWire.