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February 10, 2003
New Products from Nortel Networks Offer Enterprises Improved Performance, Reliability
High-Performance Platforms Scale to Meet Needs of Small, Medium Businesses
SANTA CLARA, Calif. – Nortel Networks* [NYSE/TSX: NT] announced new products in its enterprise application networking portfolio designed to help small- and medium-sized companies realize improved performance, reliability, security, scalability and efficiency in their communications networks.
Scaleable to meet unique customer requirements, these new products – the Nortel Networks Passport* 1600 series and Nortel Networks BayStack* 380-24F switch – provide the same resiliency and performance as other members of their product families. Passport 1600 and BayStack 380-24F bring high-bandwidth processing functions to small- and medium-sized enterprises, positioning them to provide high-demand, real-time business applications to employees, partners and customers. Providing the performance of larger platforms in a small form factor ensures that critical applications can be served with fidelity, and eliminates many of the roadblocks faced by smaller companies whose applications suffer due to network latency, jitter and packet loss. “UBC has been upgrading the network connectivity to many of the buildings on the Point Grey campus over the past several months, with about 100 buildings being outfitted for gigabit Ethernet and, in some cases, multiple gigabit Ethernet connections to a single complex,” said Marilyn Hay, manager, network engineering for IT services, University of British Columbia. “We have been working with Nortel Networks to supply a switch to aggregate these connections into the network core, and they have done so with BayStack 380-24F.” “This switch delivers the high port density we require at a very low price point per port, while also meeting the flexibility requirements of our diverse environment,” Hay said. “All in all, Nortel Networks has delivered an excellent product for our networking needs.” “The introduction of these platforms demonstrates our commitment to serving the entire spectrum of enterprise customers,” said Atul Bhatnagar, vice president and general manager, Ethernet Switching, Nortel Networks. “Drawing on our philosophy of helping customers achieve the greatest possible return on investment with the lowest cost of ownership, the ease of management, deployment and operation of BayStack 380-24F and the Passport 1600 portfolio bring the benefits of advanced technology with low total cost of ownership to small- and medium-sized businesses.” For enterprises that require the intelligent routing functionality of Passport 8600 but not the port density, Nortel Networks Passport 1600 family provides Layer 3 aggregation and wiring closet connectivity. These platforms leverage proven Passport 8600 technology, and reliability features like multi-layer redundancy for sub-second failover and redundant components. The Passport 1600 series – including Passport 1648T, Passport 1612G and Passport 1624G – supports multiple routing protocols and a proven Quality of Service feature set for traffic prioritization. All three devices provide wire-speed hardware routing, and share common hardware and software bases for ease of use and management. The Passport 1600 portfolio provides performance, resilience and security for customers who increasingly rely on networking solutions to differentiate their businesses. The Passport 1600 series products will be available in April 2003. Passport 1648T is a 48-port 10/100 Layer 3 Ethernet switch with four gigabit ports. It provides high-density Layer 3 connections for the wiring closet or for copper aggregation. Passport 1612G and 1624G provide 12 and 24 gigabit ports respectively for wiring closet and server connectivity. These models provide increased application performance for revenue-generating applications. BayStack 380-24F is targeted at small- and medium-sized companies that require affordable Layer 2 aggregation switches that offer high bandwidth with high port density. Because BayStack 380-24F provides multi-gigabit throughput, it maximizes the performance of business applications for small- and medium-sized companies. BayStack 380 provides resilient connectivity with features like multi-link trunking, split multi-link trunking, and redundant power. It is ideally suited to provide gigabit connectivity to the desktop. BayStack 380-24F will be available in March 2003. Nortel Networks is an industry leader and innovator focused on transforming how the world communicates and exchanges information. The Company is supplying its service provider and enterprise customers with communications technology and infrastructure to enable value-added IP data, voice and multimedia services spanning Wireless Networks, Wireline Networks, Enterprise Networks, and Optical Networks. As a global company, Nortel Networks does business in more than 150 countries. More information about Nortel Networks can be found on the Web at www.nortelnetworks.com. Certain information included in this press release is forward-looking and is subject to important risks and uncertainties. The results or events predicted in these statements may differ materially from actual results or events. Factors which could cause results or events to differ from current expectations include, among other things: the severity and duration of the industry adjustment; the sufficiency of our restructuring activities, including the potential for higher actual costs to be incurred in connection with restructuring actions compared to the estimated costs of such actions; fluctuations in operating results and general industry, economic and market conditions and growth rates; the ability to recruit and retain qualified employees; fluctuations in cash flow, the level of outstanding debt and debt ratings; the ability to meet financial covenants contained in our credit agreements; the ability to make acquisitions and/or integrate the operations and technologies of acquired businesses in an effective manner; the impact of rapid technological and market change; the impact of price and product competition; international growth and global economic conditions, particularly in emerging markets and including interest rate and currency exchange rate fluctuations; the impact of rationalization in the telecommunications industry; the dependence on new product development; the uncertainties of the Internet; the impact of the credit risks of our customers and the impact of customer financing and commitments; stock market volatility; the entrance into an increased number of supply and outsourcing contracts which contain delivery and installation provisions, which, if not met, could result in the payment of substantial penalties or liquidated damages; the ability to obtain timely, adequate and reasonably priced component parts from suppliers and internal manufacturing capacity; the future success of our strategic alliances; and the adverse resolution of litigation. For additional information with respect to certain of these and other factors, see the reports filed by Nortel Networks with the United States Securities and Exchange Commission. Unless otherwise required by applicable securities laws, Nortel Networks disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. *Nortel Networks, the Nortel Networks logo, the Globemark, Passport and BayStack are trademarks of Nortel Networks. Contact for Press and Analysts:Pat Cooper
Nortel Networks
(408) 495-9608
pat.cooper@nortelnetworks.com
Giorgia Casnedi
Nortel Networks
+44 1628 43 3117
casnedi@nortelnetworks.com
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