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NYSE : NTTSX : NT
August 31, 2005 10:00 ET
DALLAS--(CCNMatthews - Aug 31, 2005) -
wireless Broadband know-how to uphold delivery of imaginative, excessive-pace instant Voice, facts features
Coral instant, the newest mobile operator in Hawaii, has chosen Nortel (NYSE:NT) (TSX:NT) as the sole infrastructure organisation for its PCS community in Hawaii. Coral instant plans to launch Hawaii's first unlimited-use wireless voice and records community in early 2006.
Coral instant will employ Nortel's CDMA2000 1X wireless infrastructure, which is designed to optimize community efficiency and allow superior voice first-rate. Nortel's know-how will additionally guide birth of advanced, excessive-pace facts features fondness internet shopping, streaming audio and video, and multimedia messaging to practically 900,000 information subscribers on the island of Oahu. Coral wireless plans to proffer limitless local and lengthy distance calling for below US$50 per thirty days, with extra voice and information elements available for consumers to customise a diagram to their needs.
"Coral instant is dedicated to bringing essentially the most innovative verbal exchange capabilities to Hawaii," said bill Jarvis, chief govt officer, Coral wireless. "because the first and most effectual traffic in Hawaii to proffer a simple and not pricey alternative to common instant features, they chosen Nortel as their infrastructure corporation on account of their proven song list in CDMA technology and gigantic journey in deploying wireless broadband networks across the globe."
"This represents a brand unique footprint for Nortel and demonstrates their continued management site in proposing extraordinary and excessive-means solutions that enable non-ordinary carriers fondness Coral wireless to penetrate unique markets and present superior wireless data functions that subscribers desire," observed Richard Lowe, president, CDMA wireless Networks, Nortel. "We seem ahead to assisting Coral wireless in their efforts to give Hawaii clients with cell voice and records carrier."
As Part of the unique contract, Nortel will supply CDMA2000 1X instant radio and entry gadget and related expert services including Nortel's CDMA Packet MSC and Nortel's Compact Metro cell BTS.
Nortel's CDMA Packet MSC is a confirmed, turnkey, packet-based mostly wireless switching solution that enables operators to gracefully transition operations to an every single IP community. Nortel's Compact Metro telephone BTS is a totally bendy, scalable and vigor-productive 3G ground station that offers 'pay as you develop' flexibility and modular design, making inevitable optimum funding insurance diagram for wireless operators.
Nortel has designed, set aside in and launched more than 300 instant networks in over 70 nations throughout the globe. Nortel changed into the trade's first employer with instant networks working in every single advanced radio technologies (GSM/GPRS/aspect, CDMA2000 1X and 1xEV-DO, UMTS and WLAN), and is the most effectual end-to-conclusion issuer of every single subsequent generation instant options.
About Coral wireless
Coral wireless is Hawaii's most effectual local instant provider to proffer affordable, limitless, flat-rate local and lengthy distance wireless calling plans. With the launch of Coral instant traffic provider in early 2006, Hawaii patrons can, for the first time ever, purchase local wireless provider that requires no contracts, no complicated fee plans and no credit checks. Coral's cellular voice and facts network will serve the island of Oahu with limitless local and domestic lengthy distance service. For extra counsel about Coral talk over with www.coralwireless.com.
Nortel is a recognized chief in providing communications capabilities that boost the human adventure, ignite and power world commerce, and cozy and give protection to the world's most crucial guidance. Serving both service company and enterprise purchasers, Nortel gives you resourceful know-how solutions encompassing end-to-end broadband, Voice over IP, multimedia capabilities and applications, and instant broadband designed to attend americans resolve the realm's optimal challenges. Nortel does traffic in more than 150 nations. For extra assistance, contend with Nortel on the internet at www.nortel.com. For the newest Nortel information, seek counsel from www.nortel.com/news.
definite tips protected during this press unencumber is forward-looking and is bailiwick to censorious dangers and uncertainties. The effects or hobbies anticipated in these statements may too vary materially from exact results or pursuits.
factors which may cause consequences or routine to vary from latest expectations encompass, amongst different things: the outcomes of regulatory and crook investigations and civil litigation actions concerning Nortel's restatements and the influence any ensuing criminal judgments, settlements, penalties and expenses might own on Nortel's effects of operations, monetary circumstance and liquidity, and any connected information dilution of Nortel's universal shares; the findings of Nortel's independent evaluation and implementation of recommended remedial measures; the outcome of the impartial overview with recognize to revenues for selected identified transactions, which assessment will own a selected accent on the underlying behavior that resulted in the initial cognizance of these revenues; the restatement or revisions of Nortel's prior to now announced or filed fiscal consequences and resulting terrible publicity; the existence of material weaknesses in Nortel's interior control over fiscal reporting and the conclusion of Nortel's administration and impartial auditor that Nortel's internal control over fiscal reporting is ineffective, which could proceed to influence Nortel's skill to record its consequences of operations and fiscal situation accurately and in a timely method; the influence of Nortel's and NNL's failure to timely file their fiscal statements and linked fitful studies, including Nortel's inability to entry its shelf registration observation filed with the U.S. Securities and change fee (SEC); ongoing SEC experiences, which may discontinue up in adjustments to Nortel's and NNL's public filings; the impact of administration changes, together with the termination for cause of Nortel's former CEO, CFO and Controller in April 2004; the sufficiency of Nortel's restructuring actions, including the travail diagram announced on August 19, 2004 as up-to-date on September 30, 2004 and December 14, 2004, including the abilities for better specific prices to live incurred in reference to restructuring moves in comparison to the estimated expenses of such movements;
cautious or decreased spending by Nortel's purchasers; elevated consolidation among Nortel's purchasers and the need of consumers in inevitable markets; fluctuations in Nortel's operating results and widespread trade, fiscal and market situations and boom rates; fluctuations in Nortel's money movement, flat of excellent debt and latest debt ratings; Nortel's monitoring of the capital markets for opportunities to enrich its capital constitution and fiscal flexibility; Nortel's skill to recruit and hold certified employees; the employ of money collateral to uphold Nortel's commonplace course enterprise actions; the dependence on Nortel's subsidiaries for funding; the own an impact on of Nortel's defined profit plans and deferred tax property on outcomes of operations and Nortel's cash circulate; the adversarial resolution of classification actions, litigation in the commonplace route of company, intellectual property disputes and similar concerns; Nortel's dependence on unique product building and its capability to forecast market demand for selected items; Nortel's potential to integrate the operations and applied sciences of obtained agencies in an effectual manner; the own an effect on of rapid technological and market trade; the impact of expense and product competition; obstacles to overseas boom and world fiscal circumstances, peculiarly in rising markets and including activity expense and currency exchange fee fluctuations; the own an effect on of rationalization and consolidation within the telecommunications industry; adjustments in law of the web; the impress of the credit dangers of Nortel's consumers and the impress of client financing and commitments; stock market volatility commonly and as a result of acceleration of the condense date of Nortel's forward purchase contracts; negative developments linked to Nortel's supply contracts and condense manufacturing agreements, including on account of the usage of a sole supplier for a key ingredient of inevitable optical networks solutions; the own an impact on of Nortel's provide and outsourcing contracts that comprise birth and setting up provisions, which, if not met, might outcome in the payment of giant penalties or liquidated damages; any undetected product defects, mistakes or screw ups; and the long sprint success of Nortel's strategic alliances.
For additional information with admire to inevitable of those and different components, contemplate essentially the most fresh Annual file on profile 10-ok and Quarterly file on profile 10-Q filed by passage of Nortel with the SEC. unless otherwise required with the aid of applicable securities legal guidelines, Nortel disclaims any objective or duty to update or revise any forward-looking statements, whether on account of unique information, future activities or in any other case.
Nortel, the Nortel emblem and the Globemark are trademarks of Nortel Networks. CDMA2000 is a trademark of the Telecommunications traffic association (TIA).
REDMOND, WASH., and TORONTO–July 18, 2006–The convergence of the communications and IT industries took a major step forward nowadays as Microsoft Corp. and Nortel announced a strategic alliance in accordance with a shared vision for unified communications. via enticing the companies at the technology, advertising and traffic ranges, the alliance will permit both companies to drive unique expand opportunities and has the odds to in the discontinue seriously change organizations communications, cutting back prices and complexity and enhancing productivity for shoppers.
by combining Nortel’s world-type network trait and reliability with Microsoft® application’s ease of use, the alliance will accelerate the availability of unified communications — an industry scheme that uses superior applied sciences to demolish down these days’s equipment- and community-centric silos of verbal exchange (such as email, speedy messaging, telephony and multimedia conferencing) and makes it convenient and effectual for workers to attain colleagues, companions and valued clientele with the contraptions and functions they employ most.
Taking a decisive step extra, Nortel and Microsoft will transition habitual enterprise cell methods into application, with a Microsoft unified communications utility platform and Nortel utility items to deliver further superior telephony functionality. This software-centric approach will deliver the simplest transition path for companies, helping allow them to in the reduction of the overall can impregnate of possession and improved protect current and future investments. it is going to too more at once enable the introduction of new, imaginative purposes.
“Nortel and Microsoft own each and every led basic transformations in their own market — Nortel’s digital innovation and Microsoft’s application on each computer,” spoke of Mike Zafirovski, president and CEO of Nortel. “by passage of combining their pleasing strengths, Microsoft and Nortel will accelerate the delivery of unified communications — delivering to their consumers an improved-fine user adventure, with enhanced reliability and reduce complete can impregnate of possession. That’s where they can invent a existent difference.”
“we are investing collectively since the communications traffic is at an inflection element,” referred to Steve Ballmer, CEO of Microsoft. “we are able to own deep collaboration in product construction with Nortel, allowing us to rapidly convey superb, incredibly professional solutions with the objective to guide mission-essential communications. The possibility for their customers is astonishing. they can permit them to know significant fiscal and traffic merits from unified communications.”
“this is a gutsy play for Nortel — accelerating the cinch of their voice technology into application and dealing with the area’s application leader as Part of their broader enterprise approach to transform the enterprise into a utility and features chief,” Zafirovski talked about. “From this transaction, they correspond with they are able to seize neatly beyond $1 billion in unique income, ramping up with expanded momentum via 2009 by means of skilled services, voice products and purposes, as well as records pull-via within the commercial enterprise.”
“Unified communications will obligate the subsequent foremost boost in particular person, group and organizational productiveness in these days’s 24×7, always-connected and increasingly mobile travail atmosphere,” stated Jeff Raikes, president of the company Division at Microsoft. “Our application-based mostly strategy places individuals at the middle of communications through a single id throughout e mail, voice mail, voice over cyber web protocol (VoIP) call processing, instant messaging and video, and intuitively embeds communications capabilities into americans’s common travail processes, including the Microsoft workplace system and third-birthday celebration software applications.”
components of the settlement
The organizations will enter into a four-yr alliance contract, with provisions for its extension.
Nortel could live Microsoft’s strategic companion for superior unified communications options and programs integration.
both businesses will profile the imaginative Communications Alliance as a go-to-market vehicle.
Microsoft and Nortel will installation the other’s applied sciences of their traffic networks.
options and programs integration
Nortel turns into a strategic systems integration partner for the superior unified communications solution.
Nortel believes it may trap huge unique income through service choices reminiscent of convergence planning, integration, optimization, monitoring and managed functions.
Joint product construction
Nortel and Microsoft will kindhearted joint teams to collaborate on product evolution that spans business, cellular and wireline provider solutions.
the two groups will cross-license highbrow property.
Nortel and Microsoft will engage in early-stage integration and trying out.
Nortel will carry options that complement Microsoft’s unified communications platform, including traffic contact hub purposes, mission-critical telephony functions, superior mobility capabilities and records networking infrastructure.
Microsoft and Nortel will jointly sell the superior unified communications respond and integration capabilities. The diagram is to strengthen a training and incentive application for the corporations’ income teams.
each companies will invest substantial elements in advertising, enterprise construction and beginning.
Microsoft and Nortel will construct a joint channel ecosystem the usage of both corporations’ methods integrator, reseller, and repair provider relationships.
the two companies will enhance a collection of compelling options for more than a few purchasers, together with little and medium-sized business, huge organizations and service providers.
Nortel (NYSE/TSX “NT”) is a diagnosed leader in providing communications capabilities that raise the human event, ignite and vitality international commerce, and cozy and give protection to the realm’s most vital suggestions. Their next-technology applied sciences, for each service providers and organizations, span entry and core networks, aid multimedia and company-important functions, and uphold dispose of today’s limitations to efficiency, speed and performance by using simplifying networks and connecting people with suggestions. Nortel does company in more than 150 countries. For more information, talk over with Nortel on the web at www.nortel.com. For the latest Nortel news, seek counsel from www.nortel.com/information.
founded in 1975, Microsoft (Nasdaq “MSFT”) is the international leader in software, features and options that aid people and groups know their complete abilities.
certain statements during this press unencumber may additionally comprise phrases equivalent to “may,” “expects,” “can also,” “anticipates,” “believes,” “intends,” “estimates,” ”goals,” “envisions,” “seeks” and other an identical language and are regarded ahead-searching statements or guidance under applicable securities legislations. These statements are in line with Nortel’s latest expectations, estimates, forecasts and projections in regards to the working environment, economies and markets by which Nortel operates. These statements are bailiwick to crucial assumptions, risks and uncertainties, which might live complex to foretell, and the exact result can live materially distinctive. In practise of its economic outlook in this press unlock, Nortel has made quite a few assumptions regarding its information extra services revenues generated from its strategic alliance with Microsoft, together with: a scarcity of unique aggressive applied sciences to displace or slash the revenue talents of the joint unified communications solution; superior regional market dynamics for this solution, with the most useful income alternatives existing in North the usa and Europe; fundamental hub of attention of future features revenues on integration and network monitoring, and a set market strong hourly provider cost in 2007; Nortel shooting a major volume of the income associated with the carrier and product revenue generated from any Converged workplace deployment the site Nortel is worried; a success evolution of exchange Server and linked application from Microsoft to a unified messaging platform; skill to leverage Nortel’s existing installed ground market and seize a significant volume of the IP conversion marketplace for this installed ground by means of 2009; colossal expand in Nortel’s world revenue in VoIP options yr over yr for the next four years, in Part offset by passage of a reduction in revenue per sale on account of Nortel’s multipartner method; the endured success of Nortel evolving its technologies in a complementary style with its existing and future suppliers; and sustained dedication of the parties to grow aggressively this market possibility. The above assumptions, however regarded in your expense ambit by means of Nortel at the date of this press unencumber, might too exhibit to live inaccurate, and consequently Nortel’s exact outcomes could vary materially from its expectations set out during this press unencumber.
extra, precise results or activities may vary materially from these contemplated in ahead-looking statements as a result of the following: (i) dangers and uncertainties relating to Nortel’s restatements and linked concerns including Nortel’s most simultaneous restatement and two previous restatements of its economic statements and connected activities; the terrible influence on Nortel and NNL of their most fresh restatement and laggard in submitting their economic statements and connected fitful reports; felony judgments, fines, penalties or settlements, or any magnificient regulatory fines or other penalties or sanctions, related to the continuing regulatory and crook investigations of Nortel in the U.S. and Canada; any great pending civil litigation movements not encompassed via Nortel’s proposed class motion settlement; any sizeable cash expense and/or great dilution of Nortel’s existing fairness positions resulting from the finalization and approval of its proposed class action contract, or if such proposed class action condense isn't finalized, any higher settlements or awards of damages in respect of such category actions; any unsuccessful remediation of Nortel’s fabric weaknesses in internal manage over monetary reporting leading to an need of skill to record Nortel’s outcomes of operations and fiscal circumstance precisely and in a timely manner; the time required to set aside into effect Nortel’s remedial measures; Nortel’s need of skill to access, in its current form, its shelf registration filed with the U.S. Securities and alternate commission (SEC), and Nortel’s beneath-funding-grade credit standing and any additional adverse impact on its credit rating as a result of Nortel’s restatements of its fiscal statements; any adverse own an effect on on Nortel’s enterprise and market expense of its publicly traded securities bobbing up from continuing negative publicity related to Nortel’s restatements; Nortel’s skills inability to appeal to or maintain the personnel quintessential to obtain its traffic goals; any trespass via Nortel of the endured checklist necessities of the NYSE or TSX causing the NYSE and/or the TSX to commence suspension or delisting methods; (ii) hazards and uncertainties regarding Nortel’s traffic together with each year and quarterly fluctuations of Nortel’s working effects; decreased demand and pricing pressures for its products as a result of world economic situations, colossal competition, aggressive pricing follow, cautious capital spending by means of consumers, increased industry consolidation, rapidly changing applied sciences, evolving trade standards, conventional unique product introductions and brief product existence cycles, and other trends and traffic characteristics affecting the telecommunications industry; the sufficiency of the restructuring movements introduced in this press unlock, including the abilities for greater exact charges to live incurred in connection with restructuring moves in comparison to the estimated prices of such moves and the capacity to achieve the targeted cost brand downs and brand downs of Nortel’s unfunded pension liability deficit; any cloth and opposed impacts on Nortel’s performance if its expectations concerning market demand for inevitable products prove to live wrong or because of positive obstacles in its efforts to expand internationally; any reduction in Nortel’s operating outcomes and any linked volatility out there expense of its publicly traded securities coming up from any decline in its indigenous margin, or fluctuations in overseas exotic money exchange prices; any negative trends associated with Nortel’s provide condense and condense manufacturing agreements together with on account of using a sole supplier for key optical networking solutions add-ons, and any defects or blunders in Nortel’s present or planned items; any terrible own an impact on to Nortel of its failure to obtain its traffic transformation pursuits; further valuation allowances for every single or a portion of its deferred tax property; Nortel’s failure to give protection to its intellectual property rights, or any adverse judgments or settlements bobbing up out of disputes regarding highbrow property; changes in law of the web and/or different points of the business; Nortel’s failure to correctly operate or integrate its strategic acquisitions, or failure to consummate or prevail with its strategic alliances; any negative impact of Nortel’s failure to conform appropriately its economic and managerial control and reporting techniques and tactics, control and grow its business, or create a very superior risk administration method; and (iii) risks and uncertainties relating to Nortel’s liquidity, financing preparations and capital together with the influence of Nortel’s most fresh restatement and two faded restatements of its economic statements; any inability of Nortel to control money movement fluctuations to fund working capital requirements or obtain its company pursuits in a timely manner or achieve further sources of funding; high tiers of debt, barriers on Nortel capitalizing on traffic alternatives because of credit facility covenants, or on acquiring additional secured debt pursuant to the provisions of indentures governing positive of Nortel’s public debt concerns and the provisions of its credit facilities; any raise of confined cash requirements for Nortel whether it is unable to comfy option guide for duties bobbing up from inevitable common route company actions, or any inability of Nortel’s subsidiaries to deliver it with enough funding; any wicked effect to Nortel of the should invent better defined odds plans contributions in the future or exposure to customer credit hazards or need of skill of consumers to meet impregnate obligations under customer financing preparations; any negative impact on Nortel’s means to invent future acquisitions, raise capital, situation debt and preserve personnel coming up from inventory rate volatility and extra declines out there expense of Nortel’s publicly traded securities, or any future partake consolidation resulting in a lower complete market capitalization or adversarial effect on the liquidity of Nortel’s average shares. For additional info with admire to inevitable of those and other components, contemplate Nortel’s 2005 10-k/A, Quarterly document on kindhearted 10-Q and other securities filings with the SEC. until in any other case required via apropos securities legal guidelines, Nortel disclaims any objective or duty to replace or revise any ahead-looking statements, no matter if because of unique counsel, future routine or in any other case.
Microsoft is a registered trademark of Microsoft Corp. in the united states and/or other nations.
Nortel is a registered trademark of Nortel Networks Ltd.
The names of genuine agencies and items outlined herein may live the trademarks of their respective owners.
notice to editors: if you are interested in viewing more information on Microsoft, gratify consult with the Microsoft net page at http://www.microsoft.com/presspass on Microsoft’s corporate suggestions pages. net hyperlinks, cellphone numbers and titles were apropos at time of book, however can too considering own changed. For extra information, journalists and analysts may additionally contact Microsoft’s swift Response group or other acceptable contacts listed at http://www.microsoft.com/presspass/contactpr.mspx.
Microsoft CEO Steve Ballmer (R) and Nortel President and CEO Mike Zafirovski these days announced a strategic alliance between both agencies at Microsoft headquarters in Redmond, Wash.
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Skill Level: Intermediate Status: Discontinued
Low Cost: $149 (shortest track)
Summary:For individuals who can apply an intermediate to advanced flat of technical proficiency required to plan, design, engineer or uphold a converged network solution. It builds upon the Technology Specialist flat competencies.
The Nortel Enterprise Solutions certification program ended on November 30, 2010, due to acquisition of Nortel Enterprise Solutions by Avaya.
Initial Requirements:There are currently two tracks to elect from: Converged IP Networks and Nortel Advanced Data Networking Technology:To win the NCTE - Converged IP Networks certification you must first hold the NCTS - Converged IP Solutions or the NCTS - Real-Time Networking certification. You must then pass one additional exam ($149).To win the NCTE - Nortel Advanced Data Networking Technology certification you must first hold the NCTS - Nortel Data Technology Specialist certification. You must then pass one additional exam ($149).Training is available but not required.
See every single Nortel Certifications
Vendor's page for this certification
NYSE : NTTSX : NT
August 31, 2005 10:00 ET
DALLAS--(CCNMatthews - Aug 31, 2005) -
Wireless Broadband Technology to uphold Delivery of Innovative, High-Speed Wireless Voice, Data Services
Coral Wireless, the newest mobile operator in Hawaii, has selected Nortel (NYSE:NT) (TSX:NT) as the sole infrastructure supplier for its PCS network in Hawaii. Coral Wireless plans to launch Hawaii's first unlimited-use wireless voice and data network in early 2006.
Coral Wireless will employ Nortel's CDMA2000 1X wireless infrastructure, which is designed to optimize network efficiency and enable superior voice quality. Nortel's technology will too uphold delivery of advanced, high-speed data services fondness Web browsing, streaming audio and video, and multimedia messaging to nearly 900,000 potential subscribers on the island of Oahu. Coral Wireless plans to proffer unlimited local and long distance calling for under US$50 per month, with additional voice and data features available for consumers to customize a diagram to their needs.
"Coral Wireless is dedicated to bringing the most innovative communication services to Hawaii," said Bill Jarvis, chief executive officer, Coral Wireless. "As the first and only company in Hawaii to proffer a simple and affordable alternative to traditional wireless services, they selected Nortel as their infrastructure supplier because of their proven track record in CDMA technology and vast suffer in deploying wireless broadband networks across the globe."
"This represents a unique footprint for Nortel and demonstrates their continued leadership position in providing high-quality and high-capacity solutions that allow non-traditional carriers fondness Coral Wireless to penetrate unique markets and proffer advanced wireless data services that subscribers desire," said Richard Lowe, president, CDMA Wireless Networks, Nortel. "We contemplate forward to supporting Coral Wireless in their efforts to provide Hawaii users with mobile voice and data service."
As Part of the unique agreement, Nortel will supply CDMA2000 1X wireless radio and access tackle and related professional services including Nortel's CDMA Packet MSC and Nortel's Compact Metro Cell BTS.
Nortel's CDMA Packet MSC is a proven, turnkey, packet-based wireless switching solution that allows operators to gracefully transition operations to an every single IP network. Nortel's Compact Metro Cell BTS is a highly flexible, scalable and power-efficient 3G ground station that offers 'pay as you grow' flexibility and modular design, ensuring maximum investment protection for wireless operators.
Nortel has designed, installed and launched more than 300 wireless networks in over 70 countries across the globe. Nortel was the industry's first supplier with wireless networks operating in every single advanced radio technologies (GSM/GPRS/EDGE, CDMA2000 1X and 1xEV-DO, UMTS and WLAN), and is the only end-to-end provider of every single next generation wireless solutions.
About Coral Wireless
Coral Wireless is Hawaii's only local wireless provider to proffer affordable, unlimited, flat-rate local and long distance wireless calling plans. With the launch of Coral Wireless commercial service in early 2006, Hawaii consumers can, for the first time ever, purchase local wireless service that requires no contracts, no complicated rate plans and no credit checks. Coral's mobile voice and data network will serve the island of Oahu with unlimited local and domestic long distance service. For more information about Coral visit www.coralwireless.com.
Nortel is a recognized leader in delivering communications capabilities that enhance the human experience, ignite and power global commerce, and secure and protect the world's most censorious information. Serving both service provider and enterprise customers, Nortel delivers innovative technology solutions encompassing end-to-end broadband, Voice over IP, multimedia services and applications, and wireless broadband designed to attend people solve the world's greatest challenges. Nortel does traffic in more than 150 countries. For more information, visit Nortel on the Web at www.nortel.com. For the latest Nortel news, visit www.nortel.com/news.
Certain information included in this press release is forward-looking and is theme to censorious risks and uncertainties. The results or events predicted in these statements may vary materially from actual results or events.
Factors which could cause results or events to vary from current expectations include, among other things: the outcome of regulatory and criminal investigations and civil litigation actions related to Nortel's restatements and the impact any resulting legal judgments, settlements, penalties and expenses could own on Nortel's results of operations, fiscal condition and liquidity, and any related potential dilution of Nortel's common shares; the findings of Nortel's independent review and implementation of recommended remedial measures; the outcome of the independent review with respect to revenues for specific identified transactions, which review will own a particular accent on the underlying conduct that led to the initial recognition of these revenues; the restatement or revisions of Nortel's previously announced or filed fiscal results and resulting negative publicity; the existence of material weaknesses in Nortel's internal control over fiscal reporting and the conclusion of Nortel's management and independent auditor that Nortel's internal control over fiscal reporting is ineffective, which could continue to impact Nortel's skill to report its results of operations and fiscal condition accurately and in a timely manner; the impact of Nortel's and NNL's failure to timely file their fiscal statements and related fitful reports, including Nortel's inability to access its shelf registration statement filed with the United States Securities and Exchange Commission (SEC); ongoing SEC reviews, which may result in changes to Nortel's and NNL's public filings; the impact of management changes, including the termination for cause of Nortel's former CEO, CFO and Controller in April 2004; the sufficiency of Nortel's restructuring activities, including the travail diagram announced on August 19, 2004 as updated on September 30, 2004 and December 14, 2004, including the potential for higher actual costs to live incurred in connection with restructuring actions compared to the estimated costs of such actions;
cautious or reduced spending by Nortel's customers; increased consolidation among Nortel's customers and the loss of customers in inevitable markets; fluctuations in Nortel's operating results and universal industry, economic and market conditions and growth rates; fluctuations in Nortel's cash flow, flat of outstanding debt and current debt ratings; Nortel's monitoring of the capital markets for opportunities to better its capital structure and fiscal flexibility; Nortel's skill to recruit and retain qualified employees; the employ of cash collateral to uphold Nortel's bona fide course traffic activities; the dependence on Nortel's subsidiaries for funding; the impact of Nortel's defined profit plans and deferred tax assets on results of operations and Nortel's cash flow; the adverse resolution of class actions, litigation in the ordinary course of business, intellectual property disputes and similar matters; Nortel's dependence on unique product evolution and its skill to forecast market demand for particular products; Nortel's skill to integrate the operations and technologies of acquired businesses in an effectual manner; the impact of rapid technological and market change; the impact of expense and product competition; barriers to international growth and global economic conditions, particularly in emerging markets and including interest rate and currency exchange rate fluctuations; the impact of rationalization and consolidation in the telecommunications industry; changes in regulation of the Internet; the impact of the credit risks of Nortel's customers and the impact of customer financing and commitments; stock market volatility generally and as a result of acceleration of the settlement date of Nortel's forward purchase contracts; negative developments associated with Nortel's supply contracts and condense manufacturing agreements, including as a result of using a sole supplier for a key component of inevitable optical networks solutions; the impact of Nortel's supply and outsourcing contracts that contain delivery and installation provisions, which, if not met, could result in the payment of substantial penalties or liquidated damages; any undetected product defects, errors or failures; and the future success of Nortel's strategic alliances.
For additional information with respect to inevitable of these and other factors, contemplate the most recent Annual Report on profile 10-K and Quarterly Report on profile 10-Q filed by Nortel with the SEC. Unless otherwise required by applicable securities laws, Nortel disclaims any objective or duty to update or revise any forward-looking statements, whether as a result of unique information, future events or otherwise.
Nortel, the Nortel logo and the Globemark are trademarks of Nortel Networks. CDMA2000 is a trademark of the Telecommunications Industry Association (TIA).
SAN JOSE, Calif., March 15, 1999 — Microsoft today joined other industry leaders in announcing a unique initiative that extends its ongoing commitment to develop simpler, more effectual communications solutions for enterprise customers throughout the world. At the Technology Museum of Innovation in San Jose, California, Nortel Networks announced it is working with Microsoft, Hewlett-Packard (HP) and Intel to integrate voice technology into computing solutions for open, unified communications.
Customers worldwide will profit from the flexibility, simplicity and economy of unified solutions that integrate voice and data without sacrificing the reliability and functionality of today’s communications and computing products. Microsoft Chairman and CEO Bill Gates gave a 15-minute presentation via video-link, in which he highlighted Microsoft’s role in this communications initiative.
According to Gates, companies will live able to meet their rapidly changing traffic needs by building a better “digital nervous system” through the employ of complementary platforms and solutions. This approach allows them to build on existing technology to create highly efficient, integrated systems that collect, manage, organize, and disseminate information throughout an enterprise. Converged networks based on Windows NT Server will better communication solutions manageability and interoperability for enterprise customers worldwide.
HP and Nortel Networks debuted two initial products based on this collaborative, open-systems effort – an all-in-one traffic communications server and an advanced unified messaging solution. The HP traffic Communications Server integrates the complete feature set of Nortel Networks telephony with Windows NT Server computing functionality. The HP traffic Messaging Server incorporates Nortel Networks’ CallPilot advanced unified messaging capabilities.
This collaboration expands on Microsoft’s energetic role in transitioning the communications industry from closed or proprietary platforms to open platforms such as Windows NT Server. Cooperative efforts across the industry, such as today’s announcement, demonstrate that the Windows platform is enabling a wide ambit of innovative communications solutions while providing unique chance and preference for enterprise customers.
To accelerate the deployment of integrated voice and data systems on a common infrastructure, Nortel Networks is building its enterprise communications product lines on the Microsoft Windows platform. In addition, Nortel Networks, HP and Microsoft will open a hub of expertise, in Nortel Network’s Santa Clara facility, for the evolution and testing of mission censorious enterprise communications solutions based on the Microsoft platform. Nortel Networks’ enterprise customers deploying these products will live able to expand and manage their voice and data communications infrastructure more effectively – ultimately creating and reaping the benefits of a “digital nervous system.”
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