Level 3 Communications, Inc. (NASDAQ: LVLT) announced that a jury returned a verdict today finding that Limelight Networks, Inc. did not infringe two of the content delivery patents held by Level 3. The jury expressly rejected Limelight's assertion that the patents are invalid. The verdict comes at the conclusion of a trial in the U.S. District Court in Norfolk, Virginia. Level 3 acquired the two patents-in-suit (and several others) when it purchased the content delivery business of Savvis, Inc. in January 2007.
"While we are pleased that the jury affirmed the validity of these two patents, we are disappointed with the jury's finding of non-infringement," said Grant van Rooyen, President of Level 3's Content Markets Group. "We are considering our options regarding post-trial motions and an appeal to the Federal Circuit Court of Appeals. Level 3 continues to take intellectual property seriously as the best protection for innovation, and we will continue to protect our investments in human ingenuity, time and capital on behalf of our stockholders."
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 www.Level3.com.
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.
First Call Analyst:
FCMN Contact: Debra.Havins@Level3.com
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, email@example.com
SOURCE: Level 3 Communications, Inc.
CONTACT: Media, Skip Thurman, +1-720-888-2292, or Investors, Mark
Stoutenberg, +1-720-888-1662, both for Level 3 Communications, Inc.
Web Site: http://www.level3.com/