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Qwest announced Monday it has signed a $7.5 million contract with Minneapolis-based Allina Hospitals & Clinics for long-distance services and a high-capacity data-networking service.

Lockheed Martin‘s space- systems unit in Jefferson County has been awarded a $7.4 million contract from the Air Force to provide engineering work for space programs, the Department of Defense announced Monday. The work is expected to be completed by December.

The Lafayette Chamber of Commerce has awarded Exempla Good Samaritan Medical Center the Business of the Year Award. Exempla received the award for its contribution to the Lafayette economy, providing more than 1,000 jobs, as well as its ongoing community support.

IntelliClear, a 2-year-old market-research and business- consulting firm in Colorado Springs, on Monday announced in its annual report that revenues increased more than 74 percent last year.

Avanquest Software USA, a Denver developer of business and consumer software, on Monday introduced Pod Media Creator and DVD2Pod, video-creation and editing tools to transfer media files from PCs to iPods.

HyperSpace Communications Inc. of Denver, through its subsidiary MPC Computers, on Monday announced the completion of a series of transactions under which 4,193,267 outstanding warrants to purchase its common stock at $3 per share were exercised. The transaction resulted in proceeds to HyperSpace of $12.6 million before expenses.

Guardian Mortgage Services of Lakewood announced it is managing 100 percent of Global Equity Lending’s document preparation, closing coordination and post-closing services.

Thought Equity, a Denver- based provider of motion-imagery licensing and management, and HBO Sports announced Monday the online availability of the HBO Archives, a library of film, video and high-definition footage.

Regis Learning Solutions Inc., which is majority owned by Regis University, on Monday announced the release of a new program designed to help businesses address the learning needs of employees participating in large conferences or critical product launches.

Mortgage Cadence, a Denver-based provider of lending solutions, announced an initiative to offer its lending platform on the Oracle Database 10g.

KFx Inc., a Denver-based energy-production company, announced Monday that the underwriters of its public offering of 7 million shares, which closed Feb. 8, have exercised in full their overallotment option, purchasing 1.05 million additional shares of common stock.

EchoStar Communications Corp. of Douglas County announced Monday that its Dish satellite network now offers the Tennis Channel, a 24-hour network devoted to tennis and its lifestyle.

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