BROOMFIELD, Colo., May 6 /PRNewswire-FirstCall/ -- Level 3 Communications, Inc. (NASDAQ:LVLT) today announced that it has posted to its website an open letter to its stockholders from the members of the Compensation Committee of its Board of Directors to provide additional information regarding certain compensation matters. Since the publication of the company's proxy statement, the company has fielded a number of inquiries regarding the information contained in the proxy statement. The Compensation Committee's open letter can be accessed at the following link: http://www.level3.com/investor_relations/index.html.
About Level 3 Communications Level 3 Communications, Inc. (NASDAQ:LVLT) is a leading international provider of fiber-based communications services. Enterprise, content, wholesale and government customers rely on Level 3 to deliver services with an industry-leading combination of scalability and value over an end-to-end fiber network. Level 3 offers a portfolio of metro and long-haul services, including transport, data, Internet, content delivery and voice. For more information, visit http://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 and/or its affiliates 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 are trademarks or service marks of their respective owners.
Forward-Looking Statement Some of the statements made 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 Level 3's control, which could cause actual events to differ materially from those expressed or implied by the statements. The most important factors that could prevent Level 3 from achieving its stated goals include, but are not limited to the company's ability to: successfully integrate acquisitions; increase the volume of traffic on the network; defend 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 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. http://www.newscom.com/cgi-bin/prnh/19990721/LVLTLOGO http://photoarchive.ap.org/ DATASOURCE: Level 3 Communications CONTACT: media, Chris Hardman, +1-720-888-2292, or Kimberly Tulp, +1-720-888-3675, or investors, Robin Grey, +1-720-888-2518, or Valerie Finberg, +1-720-888-2501, all of Level 3 Communications Web site: http://www.level3.com/
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