Verizon Officially Opens New Finance Center Building in Lake Mary, Fla., and Plans to Bring an Additional 350 New Jobs to Area

 Verizon Officially Opens New Finance Center Building in Lake Mary, Fla., and
              Plans to Bring an Additional 350 New Jobs to Area

220,000 Square-Foot, $50 Million Building and Additional Jobs Boost Economic
Impact of 750 New Jobs Announced by Verizon in 2013

PR Newswire

LAKE MARY, Fla., April 25, 2014

LAKE MARY, Fla., April 25, 2014 /PRNewswire/ --Verizon officially put down
concrete and steel roots in Lake Mary as the company's new Finance Center
building, announced in 2013, formally opened its doors to employees and state
and local dignitaries at a ribbon-cutting ceremony today. Also at the
ceremony, Gov. Rick Scott announced that Verizon would now add an additional
350 jobs to the original 750 it planned to bring to Lake Mary, raising the
total number of new jobs in the area to 1,100.

"Our welcome over the past year from Seminole County and Lake Mary officials,
as well as from Gov. Scott and local and state economic development groups,
has been top notch, said Fran Shammo, chief financial officer, Verizon. "That,
along with our plans to add 350 additional jobs, confirms that our decision to
choose Lake Mary was the right one. This state-of-the-art building further
represents our commitment to creating and offering good jobs in an
industry-leading company with a first-class environment."

Gov. Scott said, "Verizon's growing commitment to central Florida is great
news for the families of the area. Today's announcement of 350 new jobs means
that more Floridians will be able to find a meaningful job with a great
company. Since December 2010, Florida has created 563,000 private-sector jobs,
and our unemployment rate remains below the national average. We must continue
to remain focused on creating an environment where companies like Verizon can
continue to succeed and every Floridian has the opportunity to get a great
job."

Verizon's new finance hub encompasses 220,000 square feet, cost $50 million
and took 13 months to finish. It features advanced network capabilities, a
200-person conference center, fitness center, full-service cafeteria with
catering capabilities, plus many other amenities.

The building is a candidate for LEED (Leadership in Energy Development &
Design) certification from the U.S. Green Building Council and features three
electric-vehicle charging stations with a total of six charging ports as part
of the U.S. Department of Energy's Workplace Charging Challenge program.
Additionally, preferred parking will be provided for alternative-fuel
vehicles.

Finance employees in Lake Mary coordinate into a centralized location
functions such as accounting, payroll, commissions and revenue assurance
across all lines of business in Verizon. The Lake Mary hub, together with its
counterpart hub in Tulsa, will help Verizon improve processes, enhance service
to both internal and external customers, and improve career and networking
opportunities for employees.

Verizon has filled approximately 500 of the original 750 positions it planned
to bring to Lake Mary. The company continues to hire and plans to fill the
majority of its newly expanded goal of 1,100 jobs by the end of 2015.
Individuals interested in being considered for employment should visit
www.verizon.com/lakemarycareers to learn more about available positions.

Verizon Communications Inc. (NYSE, Nasdaq: VZ), headquartered in New York, is
a global leader in delivering broadband and other wireless and wireline
communications services to consumer, business, government and wholesale
customers. Verizon Wireless operates America's most reliable wireless network,
with more than 103 million retail connections nationwide. Verizon also
provides converged communications, information and entertainment services over
America's most advanced fiber-optic network, and delivers integrated business
solutions to customers in more than 150 countries. A Dow 30 company with more
than $120 billion in 2013 revenues, Verizon employs a diverse workforce of
176,900. For more information, visit www.verizon.com.

VERIZON'S ONLINE NEWS CENTER: Verizon news releases, executive speeches and
biographies, media contacts and other information are available at Verizon's
online News Center at newscenter.verizon.com. The news releases are available
through an RSS feed. To subscribe, visit
newscenter.verizon.com/corporate/feeds.

SOURCE Verizon

Website: http://www.verizon.com
Contact: Bob Elek, 813-978-6786, bob.elek@verizon.com or Ray McConville,
908-202-5214, raymond.mcconville@verizon.com
 
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