Focus on High-Performance Cloud Solutions, Technology Enhancements Drives Continued

BASKING RIDGE, N.J., July 27 -- Verizon Business during the second quarter continued to roll out high-performance global solutions that enable multinational enterprises, medium businesses and governments to take advantage of cloud-based delivery of key IT resources and applications.  These include new cloud-based computing, data storage, security, enterprise mobility and unified communications offers, as well as key industry-specific solutions and IT consulting services.

Customers responded to these moves, with the company signing significant business in all segments during the quarter.  Multinational corporations including CA Technologies, First Data Corporation, Hewitt Associates LLC and RENT-A-CENTER completed new agreements, expanding their relationships with Verizon Business for a wide range of advanced communications and information technology solutions.  Additionally, Verizon entered into new agreements with several government agencies, including the U.S. Department of Health and Human Services.

"There's a lot of hype around 'cloud,' but in essence it's a new IT delivery model ? one that is having a profound impact on the industry," said Kerry Bailey, Verizon Business senior vice president for enterprise strategy and chief marketing officer.  "Our unique combination of network, data centers and integrated solutions -- all with built-in security -- is truly enabling the enterprise cloud, and our customers are responding."

In addition to cloud services, Verizon Business continued to introduce technology enhancements and professional consulting services to help enterprise customers tailor solutions to meet their specific business objectives.  These include:

Verizon Business continues to invest in its leading global network, which underpins the essential network computing platform for the company's integrated solutions. Network developments during the quarter included:

The quarter

During the quarter, Verizon Business' global capabilities received more than 15 awards and citations from industry experts.  These awards and citations include:

IDC MarketScape vendor analysis model is designed to provide an overview of the competitive fitness of ICT (information and communications technology) suppliers in a given market. The research methodology utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each vendor's position within a given market. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of IT and telecommunications vendors can be meaningfully compared. The framework also provides technology buyers with a 360-degree assessment of the strengths and weaknesses of current and prospective vendors.

Verizon Business, a unit of Verizon Communications (NYSE, NASDAQ: VZ), is a global leader in communications and IT solutions. We combine professional expertise with one of the world's most connected IP networks to deliver award-winning communications, IT, information security and network solutions. We securely connect today's extended enterprises of widespread and mobile customers, partners, suppliers and employees ? enabling them to increase productivity and efficiency and help preserve the environment. Many of the world's largest businesses and governments ? including 96 percent of the Fortune 1000 and thousands of government agencies and educational institutions ? rely on our professional and managed services and network technologies to accelerate their business. Find out more at www.verizonbusiness.com.