BASKING RIDGE, N.J. -- Verizon Business, a leading communications provider to the federal government, announced today that it has been awarded a two-year extension of its existing Managed Network Services contract with the United States Postal Service.

The agreement extends the current contract -- which was due to expire on March 23, 2008 -- through March 23, 2010. The agreement also includes two one- year extension options, through 2012.

"Verizon Business' expertise and technology are helping the Postal Service serve its customers, whether they are buying stamps or tracking a package online for delivery,'' said Jerry Edgerton, group president for Verizon Federal, the sales organization within Verizon Business dedicated to serving federal government customers. "Verizon Business continues to invest in our networks and technology to meet our customers' demands and to provide the top- quality services they expect."

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