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Nortel Enhances Ethernet Switching Portfolio for Unified Communications

  • 06 March, 2007 15:20

<p>Nortel* [NYSE/TSX: NT] today introduced a new family of Ethernet routing switches designed for enterprises migrating to VoIP and advanced unified communications applications, creating a network foundation that enterprises can trust with the convergence of their critical business communications.</p>
<p>Unveiled at VoiceCon Spring 2007, the new Ethernet Routing Switch (ERS) 2500 and ERS 4500 provide the foundation of a unified communications solution by enabling enterprise local area networks (LANs) to intelligently prioritize real-time business communications like voice, video, and multimedia services.</p>
<p>“With the rapid adoption of VoIP and unified communications, the underlying data network needs to provide always-on performance to these applications. Nortel is unique in being able to provide this capability with innovations such as SMLT," said Aziz Khadbai, general manager, Converged Data Networks, Nortel. "Nortel’s new family of Ethernet routing switches further enhance our portfolio by providing key capabilities such as Power over Ethernet (PoE), improved resiliency, security, Quality of Service (QoS) and line-rate switching that enable the enterprise LAN to be truly optimized for unified communications."</p>
<p>“Nortel’s latest Ethernet Routing Switch 2500 series offers PoE options and a range of enhancements from QoS to Spanning Tree Protocol (STP) and security features,” said David Sieborger senior network administrator, Rhodes University, South Africa. ”The result of intensive testing on our part reveals a switch that provides the features needed in a modern converged network, with the solid performance and reliability we have come to expect from Nortel, at an affordable price.”</p>
<p>The ERS 2500 Series is a cost-optimized, entry-level platform ideal for enterprise branches and small remote offices that need a feature-rich, Fast Ethernet solution. The ERS 4500 Series, with its combined support for both Fast Ethernet and Gigabit Ethernet switches, delivers the flexibility and resilient scalability needed by customers looking to deploy one or both products within a single stack. Each series comes with both PoE and non-PoE variants for maximum deployment flexibility of converged solutions. Also, the capability for autodiscovery of devices such as VoIP Handsets makes them an ideal choice for deployments into converged networks.</p>
<p>“With the release of the ERS 2500 and 4500 stackable switch families, Nortel has enhanced its portfolio with convergence focused Ethernet Switching products for the enterprise. With these new additions to the portfolio, Nortel continues to deliver converged LAN solutions to enterprises of all sizes," said Evelien Wiggers, research manager, EMEA Enterprise Networks from IDC.</p>
<p>These products build upon Nortel’s PoE expertise, a technology that sends electrical power over a single data network cable where once it was necessary to have multiple power and data jacks. Nortel recently sold its three millionth PoE port to the Bank of Montreal (BMO), one of Canada's largest banks with total assets of $320 billion and more than 34,000 employees. BMO was looking for a resilient and secure solution to enable real-time networking applications like VoIP.</p>
<p>"Nortel ERS provided the secure functionality and performance required in a financial business," said Stevan Lewis, vice preside, Network and Systems, BMO. "With a proven track record, we knew we could depend on Nortel for deployment across our offices. The Nortel ERS 5520 switches provide us the capability to deploy converged networks with minimal downtime and no hit to user productivity. We were also able to streamline the network and help reduce costs by converging multiple networks into one as part of BMO overall network convergence strategy."</p>
<p>About Nortel</p>
<p>Nortel is a recognized leader in delivering communications capabilities that make the promise of Business Made Simple a reality for our customers. Our next-generation technologies, for both service provider and enterprise networks, support multimedia and business-critical applications. Nortel’s technologies are designed to help eliminate today's barriers to efficiency, speed and performance by simplifying networks and connecting people to the information they need, when they need it. Nortel does business in more than 150 countries around the world. For more information, visit Nortel on the Web at www.nortel.com. For the latest Nortel news, visit www.nortel.com/news.</p>
<p>Certain statements in this press release may contain words such as “could”, “expects”, “may”, “anticipates”, “believes”, “intends”, “estimates”, ”targets”, “envisions”, “seeks” and other similar language and are considered forward-looking statements or information under applicable securities legislation. These statements are based on Nortel’s current expectations, estimates, forecasts and projections about the operating environment, economies and markets in which Nortel operates. These statements are subject to important assumptions, risks and uncertainties, which are difficult to predict and the actual outcome may be materially different. Further, actual results or events could differ materially from those contemplated in forward-looking statements as a result of the following (i) risks and uncertainties relating to Nortel’s restatements and related matters including: Nortel’s most recent restatement and two previous restatements of its financial statements and related events; the negative impact on Nortel and NNL of their most recent restatement and delay in filing their financial statements and related periodic reports; legal judgments, fines, penalties or settlements, or any substantial regulatory fines or other penalties or sanctions, related to the ongoing regulatory and criminal investigations of Nortel in the U.S. and Canada; any significant pending civil litigation actions not encompassed by Nortel’s proposed class action settlement; any substantial cash payment and/or significant dilution of Nortel’s existing equity positions resulting from the approval of its proposed class action settlement; any unsuccessful remediation of Nortel’s material weaknesses in internal control over financial reporting resulting in an inability to report Nortel’s results of operations and financial condition accurately and in a timely manner; the time required to implement Nortel’s remedial measures; Nortel’s inability to access, in its current form, its shelf registration filed with the United States Securities and Exchange Commission (SEC), and Nortel’s below investment grade credit rating and any further adverse effect on its credit rating due to Nortel’s restatements of its financial statements; any adverse affect on Nortel’s business and market price of its publicly traded securities arising from continuing negative publicity related to Nortel’s restatements; Nortel’s potential inability to attract or retain the personnel necessary to achieve its business objectives; any breach by Nortel of the continued listing requirements of the NYSE or TSX causing the NYSE and/or the TSX to commence suspension or delisting procedures; (ii) risks and uncertainties relating to Nortel’s business including: yearly and quarterly fluctuations of Nortel’s operating results; reduced demand and pricing pressures for its products due to global economic conditions, significant competition, competitive pricing practice, cautious capital spending by customers, increased industry consolidation, rapidly changing technologies, evolving industry standards, frequent new product introductions and short product life cycles, and other trends and industry characteristics affecting the telecommunications industry; the sufficiency of recently announced restructuring actions, including the potential for higher actual costs to be incurred in connection with these restructuring actions compared to the estimated costs of such actions and the ability to achieve the targeted cost savings and reductions of Nortel’s unfunded pension liability deficit; any material and adverse affects on Nortel’s performance if its expectations regarding market demand for particular products prove to be wrong or because of certain barriers in its efforts to expand internationally; any reduction in Nortel’s operating results and any related volatility in the market price of its publicly traded securities arising from any decline in its gross margin, or fluctuations in foreign currency exchange rates; any negative developments associated with Nortel’s supply contract and contract manufacturing agreements including as a result of using a sole supplier for key optical networking solutions components, and any defects or errors in Nortel’s current or planned products; any negative impact to Nortel of its failure to achieve its business transformation objectives; additional valuation allowances for all or a portion of its deferred tax assets; Nortel’s failure to protect its intellectual property rights, or any adverse judgments or settlements arising out of disputes regarding intellectual property; changes in regulation of the Internet and/or other aspects of the industry; Nortel’s failure to successfully operate or integrate its strategic acquisitions, or failure to consummate or succeed with its strategic alliances; any negative effect of Nortel’s failure to evolve adequately its financial and managerial control and reporting systems and processes, manage and grow its business, or create an effective risk management strategy; and (iii) risks and uncertainties relating to Nortel’s liquidity, financing arrangements and capital including: the impact of Nortel’s most recent restatement and two previous restatements of its financial statements; any inability of Nortel to manage cash flow fluctuations to fund working capital requirements or achieve its business objectives in a timely manner or obtain additional sources of funding; high levels of debt, limitations on Nortel capitalizing on business opportunities because of support facility covenants, or on obtaining additional secured debt pursuant to the provisions of indentures governing certain of Nortel’s public debt issues and the provisions of its support facility; any increase of restricted cash requirements for Nortel if it is unable to secure alternative support for obligations arising from certain normal course business activities, or any inability of Nortel’s subsidiaries to provide it with sufficient funding; any negative effect to Nortel of the need to make larger defined benefit plans contributions in the future or exposure to customer credit risks or inability of customers to fulfill payment obligations under customer financing arrangements; any negative impact on Nortel’s ability to make future acquisitions, raise capital, issue debt and retain employees arising from stock price volatility and further declines in the market price of Nortel’s publicly traded securities, or the share consolidation resulting in a lower total market capitalization or adverse effect on the liquidity of Nortel’s common shares. For additional information with respect to certain of these and other factors, see Nortel’s Annual Report on Form10-K/A, Quarterly Reports on Form 10-Q and other securities filings with the SEC. Unless otherwise required by applicable securities laws, Nortel disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.</p>
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<p>*Nortel, the Nortel logo and the Globemark are trademarks of Nortel Networks.</p>

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