Verizon Business Adds Nortel Services for New Managed Telepresence Offering

Nortel MNOCs, Concierge Services Simplify Enterprise Video Meetings

TORONTO – Verizon Business ** has selected Nortel* [NYSE/TSX: NT ] to help deliver a new managed telepresence offering that allows organizations to collaborate over IP networks.

Telepresence makes real-time, life-size visual communications and collaboration as effective as ’being there,’ helping companies increase staff productivity while lowering operating costs and reducing environmental impact.

Companies can maximize these benefits by leveraging Verizon Business’ expansive global private IP network with Nortel managed telepresence services provided from Nortel Multimedia Network Operations Centers (MNOCs) around the world.

By Nortel’s calculations, a company spending as much as US$23 million annually on travel can use telepresence to recover as many as 385,000 hours of lost productivity, reduce its carbon footprint by up to 4,200 tons and save up to US$7 million.

“The power of our joint telepresence solution with Verizon Business is of major value to customers,” said Joel Hackney , president, Enterprise Solutions, Nortel. “We’re delivering the best possible user experience with an industry-unique model that supports standards-based telepresence, high definition, standard definition and desktop video conferencing platforms.”

“Yet we’re able to provide this in a highly integrated fashion that is extremely easy to use for both internal and business-to-business conferencing,” Hackney said. “Working with Verizon in this manner supports Nortel’s goal to become the preferred partner in unifying all communications through leading products, software and services.”

“This new Nortel-based managed service addresses the growing demand for advanced video collaboration services among our multinational customers,” said Nancy Gofus, senior vice president of global business products for Verizon. “Combining Nortel’s capabilities with the power of Verizon Private IP ** and leading video platforms enables us to deliver a high definition and high-performance meeting experience for our customers.”

Nortel managed telepresence services include complete set-up and management of high-definition (HD) video conferencing and collaboration, including such concierge-like amenities as web-based reservations and pre-configured, pre-connected conferences.

This makes set-up and operation of video meetings as easy as walking into a conference room, allowing participants to focus on the meeting rather than the mechanics. It also improves efficiency and speeds decision making and problem solving.

In addition, Nortel offers video bridging and gateway services, allowing enterprises to take full advantage of video systems from multiple equipment providers by enabling them to interoperate. This is especially important for business-to-business conferencing between companies using video gear from different suppliers. Nortel’s global MNOC infrastructure supports these seamless connections with employees, customers, suppliers and others.

Proactive testing, 24/7 network performance monitoring, recording, on-demand playback and metrics reporting are also part of Nortel’s managed telepresence services portfolio.

About Nortel

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 .

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 from those contemplated in forward-looking statements. For additional information with respect to certain of these and other factors, see Nortel’s Annual Report on Form10-K, 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.

*Nortel, the Nortel logo and the Globemark are trademarks of Nortel Networks. Verizon and Verizon Private IP are trademarks of Verizon.
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