Internet2 and Level 3 Communications, Inc. (NASDAQ: LVLT) today announced a new category for the Internet2 Driving Exemplary Applications (IDEA) Awards program. The new "Wave of the Future" category was unveiled earlier this month at Internet2's fall member meeting to recognize innovators who are developing and deploying advanced applications that specifically require or make use of a dedicated optical circuit with capacities up to 10 gigabits per second (Gbps).
Open to existing or proposed applications, the Internet2 IDEA awards are designed to showcase projects that apply the latest in advanced networking capabilities to enable transformational progress in research, to enhance teaching and learning, and to potentially increase the impact of next-generation networks around the world.
Through sponsorship provided by Level 3, the winning submission in the "Wave of the Future" category will receive a dedicated, point-to-point optical circuit of up to 10 Gbps on the new Internet2 network infrastructure between two connector sites for a one year period. The circuit will be provided specifically to support and enable the award-winning project.
"As new technologies spawn innovation, the new capabilities of the Internet2 network infrastructure will open the door to new ways of thinking about advanced applications," said Ray Ford, chief information and technology officer at the University of Montana and new chair of the Internet2 Applications, Middleware & Services Advisory Council (AMSAC). "The new IDEA award category recognizes those in our community whose imaginations allow them to embrace something never-before tried, and turn it into the next thing our community can't imagine living without."
"Level 3 is pleased to be an integral part of the dramatic advances in networking that the Internet2 community is making," said Jack Waters, chief technology officer of Level 3. "We are proud to help enable the process of innovation, and we believe the 'Wave of the Future' award will serve as a springboard for the winning organizations to make additional important strides in technology."
Internet2 IDEA Award submissions are judged by a panel of leaders from the Internet2 community on the following criteria:
-- Magnitude of the positive impact of the application for its current users -- Technical merit of the application -- Breadth of impact, as indicated by current user base, and likelihood of broader adoption by its full natural community of potential users
Additionally, submissions must have had a positive impact in one or more of the following areas:
-- Innovation in Research -- Advances in Teaching & Learning -- Scientific Discovery -- Global Collaboration
Entries may be submitted by an individual affiliated with any Internet2 non-profit member, a Sponsored Educational Group Participant, or a Sponsored non-profit Participant. Additional submission details will be available during November 2007. Winners will be recognized at the Spring 2008 Internet2 Member Meeting. More information about the Internet2 IDEA Awards is available at: http://www.internet2.edu/idea/
Internet2 is the foremost U.S. advanced networking consortium. Led by the research and education community since 1996, Internet2 promotes the missions of its members by providing both leading-edge network capabilities and unique partnership opportunities that together facilitate the development, deployment and use of revolutionary Internet technologies. Internet2 brings the U.S. research and academic community together with technology leaders from industry, government and the international community to undertake collaborative efforts that have a fundamental impact on tomorrow's Internet. For more information: http://www.internet2.edu/.
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, and 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 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 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.
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.
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