CoVest Sourcing Network and Level 3 Communications form Conferencing Partnership

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The CoVest Sourcing Network, a Group Purchasing Organization (GPO) based in Cleveland, has entered into an agreement with Global Crossing, now part of Level 3 Communications, to provide innovative audio conferencing and web collaboration solutions to its members.

Conference Services is one of 25 indirect spend categories CoVest offers.

The CoVest Sourcing Network, a Group Purchasing Organization (GPO) based in Cleveland, has entered into an agreement with Global Crossing, now part of Level 3 Communications, to provide innovative audio conferencing and web collaboration solutions to its members. CoVest Members participating in this agreement are able to conduct on-demand audio and/or web conferencing with any of their colleagues, vendors, or partners worldwide. This service is provided to CoVest members at highly competitive rates based on the large combined spend of its member companies.

About CoVest Sourcing Network
CoVest Sourcing Network is a Group Purchasing Organization formed as a strategic alliance with A.T Kearney, a leader in supply chain management consulting. CoVest provides pre-negotiated agreements, for a company’s indirect goods and services, which can be rapidly implemented for immediate savings. Savings are based on favorable supplier prices that leverage the spend of its members. CoVest has over 25 indirect spend categories under contract and available to its membership.

Please visit covestservices.com or email postmaster(at)covestservices(dot)com for more information about CoVest Sourcing Network.

About Global Crossing/Level 3
As of Oct 5, 2011, Global Crossing has merged with level 3 Communications (NASDAQ: LVLT). Global Crossing provides telecommunications solutions over the world's first integrated global IP-based network. Its core network connects more than 300 cities and 30 countries worldwide, and delivers services to more than 500 major cities, 50 countries and 6 continents around the globe. The company offers a range of services to more than 40 percent of the Fortune 500, as well as 700 carriers, mobile operators and ISPs.

Level 3 Communications, Inc. is a premier international provider of IP-based communications services to enterprise, content, government and wholesale customers. Over its reliable, scalable and secure network, Level 3 delivers integrated IP solutions, including converged, data, voice, video, and managed solutions to help enable customers' growth and efficiency. Level 3 operates a unique global services platform anchored by owned fiber networks on three continents in more than 45 countries, connected by extensive undersea facilities.

Level 3 and Global Crossing have joined forces to extend their global network reach, merge service portfolios and establish an ever-expanding, business-changing communications company. For more information about thie new organization and the merger, visit globalcrossing.com or level3.com.

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Patrick J. Russo
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