Fortress, Nortel Government Solutions Team Up to Secure Wireless Networks
Plan to Offer Proven Solutions for Securing Wireless Voice, Video, Data Networks
JUNE 28, 2006, WASHINGTON - Fortress Technologies, a leader in secure wireless networking, and Nortel* Government Solutions* have formed a strategic relationship to provide government agencies worldwide with a joint solution for secure wireless voice, video and data networking.
The companies have demonstrated a joint solution to a number of U.S. Government agencies that integrates market-proven products and services to secure voice and data applications across hybrid wireless (Wi-Fi, WiMAX) and wired networks. Fortress and Nortel Government Solutions will market and sell this solution to U.S. Federal Government agencies.
“Fortress wireless security products have a reputation for outstanding performance in both civilian and military markets,” said Chuck Saffell, CEO, Nortel Government Solutions, a U.S. company wholly-owned by Nortel* [NYSE/TSX: NT]. “They offer an industry-leading solution with the flexibility and interoperability to secure voice, video and data across Wi-Fi, WiMAX, free space optics, and wired Ethernet.”
“The sensitive nature of government communications requires complete, flexible and impenetrable security solutions that are seamless to the end user,” said Janet Kumpu, CEO and president, Fortress Technologies. “Combining Nortel Government Solutions’ breadth of government experience and Nortel’s expertise in voice and WiMAX technologies with the wireless security expertise of Fortress creates a relationship that raises the bar on secure wireless communications for the public sector.”
The joint offering will combine DISA JITC (Defense Information Systems Agency Joint Interoperability Test Command) and FIPS (Federal Information Processing Standards)-certified solutions from Fortress Technologies with broadband wireless and wireline technologies from Nortel and integration services from Nortel Government Solutions to provide security across a variety of devices, wireless protocols, and wired network systems.
About Fortress Technologies
Fortress Technologies provides market leading solutions that help government and commercial customers worldwide implement wireless technologies confidently, securely and simply. Rigorously tested and proven for high security assurance, Fortress’ interoperable solutions protect all wireless transports including Wi-Fi (802.11), WiMAX (802.16), free space optics (FSO), Military RF and satellite. Securing over 12,000 wireless government networks, Fortress specializes in deployable networking, mobile edge applications, fixed wireless and office wireless LANs. Fortress has won numerous awards including Federal Computer Week’s “10 Hot Companies to Watch,” Venture Reporter’s “20 Venture-backed Wireless Firms Most Likely to Succeed” and SC Magazine’s “Reader’s Trust Award” two years in a row. For more information, visit www.fortresstech.com.**
For information regarding Fortress’ “Suite B” initiative visit: www.fortresstech.com/news/press_release_details.asp?id=62**
About Nortel Government Solutions
Nortel Government Solutions is a network-centric integrator, providing the services expertise, mission-critical systems and secure communications that empower government to ensure the security, livelihood, and well being of its citizens. Headquartered in Fairfax, Va., Nortel Government Solutions offers a one-stop shop for solutions designed to improve workforce productivity, reduce operating costs, and streamline inter-agency communications. Nortel Government Solutions is a U.S. company wholly-owned by Nortel* [NYSE/TSX: NT]. Please visit www.nortelgov.com for more information.
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 critical information. Our next-generation technologies, for both service providers and enterprises, span access and core networks, support multimedia and business-critical applications, and help eliminate today’s barriers to efficiency, speed and performance by simplifying networks and connecting people with information. Nortel does business 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 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 finalization and approval of its proposed class action settlement, or if such proposed class action settlement is not finalized, any larger settlements or awards of damages in respect of such class actions; 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 credit 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 credit facilities; 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 any future 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 Report 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.
*Nortel, the Nortel logo and the Globemark are trademarks of Nortel Networks. Nortel Government Solutions and the Nortel Government Solutions logo are trademarks of Nortel Government Solutions Incorporated.
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