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How to deliver high value to a company?

I really want to stand out from large pool of candidates, and I have few opportunities to impress an employer. Currently, I am seeking for entry level IT jobs, and I am trying to figure out that in what ways I could deliver high value to software companies as an entry level IT professional?

The positions I am interested are entry developer position such as, entry java developer, or .NET developer, web developer. Since I believe "less is more". What are few factors you believe which will help me to deliver high value and stand out from the rest?

Is it delivering projects by deadline?
Clear communication?
Steep learning curve?
etc.

How can I also make those factors measurable?
If "steep learning curve'" is a factor, then should I just say how long it actually takes me to complete a project or complete a training?


Brief Background About Me:
I am a college senior, certified java programmer, and a computer programming tutor for Visual Basic 2008 and Java. I also pursuing ASP.NET 3.5 certification before I complete my undergraduate studies. I have not done any internship, and I am only looking for permanent positions.
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for_yan
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I really appreciate your response.
It provided me some inputs to take additional steps in job searching e.g. looking for internship, participate in open source projects, developing ideal qualities etc.