New York, NY and Broomfield, CO – January 26, 2005 – deltathree, Inc. (NasdaqSC:DDDC) announced today that it has signed an agreement with an operating subsidiary of Level 3 Communications, Inc. (Nasdaq:LVLT) to purchase wholesale Voice-over-IP (VoIP) services. The Level 3 services will support the growth of deltathree’s Service Provider and Reseller VoIP offerings as well as iConnectHere, deltathree’s retail VoIP service.
Shimmy Zimels, deltathree’s President and Chief Executive Officer, stated, “We are pleased to be working with Level 3, one of the leading Internet backbone operators worldwide, to tap their proven capabilities to support the global deployment of our VoIP solutions. This agreement supports deltathree as we continue to expand the breadth of our value added VoIP solutions to service providers, resellers and consumers with a diverse range of VoIP offerings. Level 3’s geographic reach allows deltathree to scale our VoIP network backbone quickly and efficiently while ensuring that we maintain the high level of network quality and dependability on which our customers rely.”
deltathree purchased Level 3’s (3)VoIP EnhancedSM Local service to expand the geographic reach of its VoIP solutions and accommodate current and future growth of its reseller, service provider and consumer groups. deltathree provides a full range of VoIP solutions, supporting major telecommunications and broadband service providers through its Outsourced Platform Solution as well as offering programs for resellers worldwide. The Reseller Program is ideal for a broad range of customers, including: calling centers/shops, Internet Cafes, local hardware and software distributors, local ISPs, calling card and callback companies, telecom consultants, Web portal and entrepreneurs. deltathree's consumer division, iConnectHere, provides award-winning VoIP products directly to end users around the world.
“We are pleased to be working with deltathree, one of the leading providers of VoIP solutions, to effectively expand their deployment of high-quality VoIP services,” said Shirish Lal, Senior Vice President of Consumer Voice Services for Level 3. “deltathree’s selection of Level 3 demonstrates the power and flexibility of Level 3’s wholesale VoIP solutions and will provide deltathree the ability to expand their network to accommodate rising VoIP call traffic on a global basis without costly buildouts.”
Level 3’s (3)VoIP Enhanced Local service is a wholesale VoIP solution that enables companies who operate their own switching infrastructures to launch IP-based local and long-distance communications services to residential and business customers via any broadband connection. (3)VoIP Enhanced Local provides the essential components required to offer high-quality VoIP service. These components include network trunking, local numbers, local number portability, E-911, operator assistance, directory listings, and directory assistance. At the same time, the (3)VoIP Enhanced Local solution allows Level 3 customers to retain the flexibility to manage and control end-user features without the need to implement complex interconnection arrangements.
(3)VoIP Enhanced Local service was honored as a recipient of the 2004 Product of the Year Award by Technology Marketing Corporation’s (TMC®) INTERNET TELEPHONY® magazine.
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.
