LG-Nortel Multimediaphone Brings Interactivity to Korea Telecom Customers

Country’s First IMS Phone Brings Rich, Personalized Multimedia Services To Homes

SEOUL - Korean residential customers are among the first in the world to enjoy high-quality video, banking, voice, and other information services anywhere throughout their homes through Korea Telecom’s launch of the IP3870 IMS phone from LG-Nortel, a joint venture of LG Electronics and Nortel* [NYSE/TSX: NT ].

The IP3870 is built around IMS standards, which make it easy for carriers to deliver rich voice, video, music and other content directly to customers in their homes using IP technologies. The phone has a 4.3 inch video screen, built-in camera, SD/MMC card reader and stereo speakers. The Wi-Fi base station lets customers make video calls to friends and family; send and receive MMS messages; enjoy their favorite music and movies; access weather, banking and other information services; and surf the Web over their existing broadband connection. The IP3870 also includes a second DECT cordless handset that incorporates a 2 inch screen, allowing customers to move freely within their homes while accessing personalized content.

“Korean consumers are known around the world as enthusiastic adopters of new technologies and the capabilities of an IMS-capable multimedia phone will fit perfectly into their lifestyles,” said Byoung Hak Lim, assistant vice president of Next Generation Development TFT, Korea Telecom. “The LG-Nortel IP3870 allows us to deliver advanced multimedia services, promotional offers, VoIP, video and other services right into our customers’ homes, allowing them to access the information and services they need whenever they want them. Korea Telecom will provide more comprehensive convenience services to improve customer satisfaction and meet our vision, which is Wonderful Life Partner”

“Just as mobile phones revolutionized the way people communicate when they’re out of the home, IMS will revolutionize the way they communicate in the home,” said Jong Dae An, vice president of Enterprise Solutions, LG-Nortel. “The IP3870 combines rich interactive video capabilities with the convenience of a cordless home phone, providing an interactive wireless terminal that will help Korea Telecom make multimedia services an essential part of its customers’ everyday lives.”

The LG-Nortel IP3870 combines the best of LG-Nortel’s enterprise-class multimedia capabilities, including its video phone and IP phone solutions, with its expertise in DECT handsets. Combining a base with 4.3 inch video screen, speakerphone and stereo audio speakers with a cordless handset incorporating a 2 inch screen, the IP3870’s full IMS support delivers a rich voice and data terminal that telecommunications companies can use to deliver a full range of value-added services directly to their customers.

About LG-Nortel

LG-Nortel is a joint venture of LG Electronics and Nortel. Established in 2005, LG-Nortel provides leading edge telecommunications equipment and network solutions, spanning wired and wireless technologies, to service provider and enterprise customers in Korea and around the world. LG-Nortel is also actively developing next generation solutions for global markets, with over 1,000 skilled R&D engineers currently focused on wireless broadband technology evolution and the development of powerful new product lines. For more information on LG-Nortel, visit www.lg-nortel.com .

About Nortel

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 .

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*Nortel, the Nortel logo and the Globemark are trademarks of Nortel Networks.
*LG-Nortel and the LG-Nortel logo are trademarks of LG-Nortel.