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Thursday, March 14, 2002


Level 3 Completes Acquisition of Corporate Software

Acquisition Positions Level 3 for Convergence of Communications and Information Technology Industries

BROOMFIELD, Colo., March 14, 2002 - Level 3 Communications, Inc. (Nasdaq:LVLT) today announced that it has closed the acquisition of CorpSoft, Inc., a major distributor, marketer and reseller of business software, which conducts its business under the name Corporate Software.

Level 3 paid $89 million in cash to acquire Corporate Software. [Level 3 Communications, Inc.]


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© Copyright 2002 Steve Pilgrim.



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