THE CANNERY PROVES INSTRUMENTAL IN VERIZON'S FiOS TV PRESENTATION AT CES

LAS VEGAS, Nev., - January 5, 2006 - The Cannery, a Los Angeles-based advanced media and creative services agency, performed the leading role in developing Verizon's interactive FiOS TV demonstration that premiered today at the 2006 International Consumer Electronics Show. FiOS TV is Verizon's new all-digital video broadcast service offered over the company's fiber-to-the-premises (FTTP) network.

Delivered by Verizon CEO Ivan Seidenberg, the presentation demonstrated the interactivity of FiOS TV through an elegant review of Internet Protocol Television (IPTV) customized programming options, advanced commercial applications and interactive features such as personalized fantasy football alerts, on-screen caller ID and a media management service that will seamlessly integrate FiOS TV into consumers' home networks.

"The Cannery is extremely pleased to lend its cross platform creative and technical services to a partner such as Verizon," said Ricardo Diaz, CTO of The Cannery. "Whether the demand is for IPTV, mobile, or physical media such as DVD, UMD or HD/Blu-Ray Disc, The Cannery will develop the right content, creative and technology support for the medium."

FiOS TV provides a direct channel for enhanced digital content such as high-definition video for currently 3 million subscribers nationwide. Seidenberg believes the company plans to pass 3 million more by the end of 2006, covering around 20 percent of its residential customer base.

"As 2006 will be remembered as the year of convergence," continued Diaz, "We will continue partnering with market leaders to deliver dynamic user experiences and to position The Cannery as a leader in emerging media channels such as IPTV."

About The Cannery
For over 15 years, The Cannery has built a reputation on innovation, creativity and technical execution. As an advanced media and creative services agency, The Cannery combines the best strategic thinking and cross-platform creative development to provide market-driven solutions that help their clients build brands and drive business.

Headquartered in Burbank, CA, The Cannery's four divisions include Productions, Agency, Technology, and Games. The Cannery's roster of clients include numerous global brands such as Activision, BMW, The Walt Disney Company, DreamWorks, Mattel, National Geographic, New Line Cinema, Nike, Sony, the U.S. Olympic Committee and Warner Bros. Entertainment.

Information about The Cannery can be found at www.cannery.com.

About Verizon Communications Inc. Verizon Communications Inc. (NYSE: VZ), a Dow 30 company, is a leader in delivering broadband and other communication innovations to wireline and wireless customers. Verizon operates America's most reliable wireless network, serving 49.3 million customers nationwide, and one of the nation's premier wireline networks, serving home, business and wholesale customers in 28 states. Based in New York, Verizon has a diverse workforce of nearly 215,000 and generates annual revenues of more than $71 billion from four business segments: Domestic Telecom, Domestic Wireless, Information Services and International. For more information, visit www.verizon.com.