[Sells & Nortel]
Alan --
Thanks for the information. I think this clears up the unanswered questions about insider selling. If these four insiders don't sell, does their filing become void?
Now, since Amati's Overture 8 is being demonstrated by Nortel today at the NAB in Las Vegas, here's some miscellaneous I dug up by using keyword "Canada" on AOL.
Hey, maybe someone saw it and is buying in. :)
Cheers!
pat
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NORTEL (NORTHERN TELECOM) TO PROVIDE MPEG CODECS THROUGHOUT VYVX NETWORK LAS VEGAS, April 7 /CNW/ - Vyvx(R), Inc., a leading provider of video backhaul services over SONET networks, plans to deploy MPEG-2 digital video codecs from Nortel (Northern Telecom) throughout its North American network to enable advanced video applications.
By adding MPEG-2 standards-compliant codecs to our network, Vyvx will be well positioned to offer such services as advertising distribution, cable television services, distance learning, as well as video trunking and premium conferencing,'' said Michael Williams, manager of advanced technologies, Vyvx.
***** A live demonstration of the video services enabled by MPEG technology is on display this week at the National Association of Broadcasters (NAB) show in Las Vegas, and involves video feed connections between the Vyvx and Nortel booths (booths S4112 and S1763).*****
Nortel's digital video networking solutions include a full range of codecs, the Nortel Service Access Mux (NSAM) for ATM video transmission, Digital Video Networks software, Video Operations Center capability, and a full range of SONET networking expertise and equipment to enable video supertrunking. Nortel's MPEG codecs are available in two versions, one for high-quality video transport in the types of applications required by Vyvx, and the other designed for interactive two-way video applications.
Along with the MPEG codecs from Nortel, Vyvx has selected EMC Corporation of Massachusetts to provide media servers for video storage and retrieval. EMC and Nortel announced in 1996 they would work together to provide video solutions for customers. Nortel s MPEG family of codecs are manufactured by NUKO Corp. of California.
EMC's Media Server, developed by EMC's Network Storage Group, combines industry-leading Symmetrix Integrated Cached Disk Array (ICDA) storage systems with a unique real-time operations system that provides high performance and high capacity storage and delivery of multimedia applications over high-speed networks.
Vyvx is a leading international provider of integrated fiber-optic, satellite and teleport video transmission services. Services include advertising and syndication distribution; fixed and transportable satellite uplinks and downlinks; and co-ordination and transmission services for news, sports, business and special events. It owns and operates an 11,000-mile domestic fiber-optic network, four U.S. teleports, and international operations in London and Singapore. Vyvx is a business unit of Williams Communications Group, Inc., one of The Williams Companies, Inc., based in Tulsa, Okla. (NTSE:WMB) Information on Vyvx may be found on the World Wide Web at vyvx.com.
The Ottawa Citizen
Revenues for Northern Telecom's multimedia communications equipment division were $640 million U.S. in 1996, up 59 per cent from 1995, the company said Tuesday. It marked the first time Nortel has released details of the division's results.
While the multimedia equipment division's sales represent only five per cent of Nortel's total revenues for the year, the unit is clearly growing much more rapidly than the company as a whole.
Nortel also released a series of analysts' reports showing the firm is ranked No. 1 in four key multimedia markets, including the global market in asynchronous transfer mode switches, which are used in internal communications networks of large companies.
Nortel generates most of its revenues through sales of telephone systems, but is making an aggressive and successful play for a share of the market in business communications systems that transmit computer data.
Nortel also announced Tuesday it will buy a 20-per-cent stake in Telrad Telecommunication & Electronic Industries Ltd. for $45 million U.S.
Telrad, Israel's biggest telecommunications equipment maker, builds digital communications systems, and the move will help Nortel sell telephone and data networks.
COLIN FREEZE, The Ottawa Citizen
Public relations workers, consultants, and marketing executives take note -- when the communications structure changes, so does the job. Doubters need only look at the downsized ranks of passenger pigeons and Pony Express riders.
For people who make their living at relaying information, reaction to the Internet is mixed. While some embrace the technology whole-heartedly, it causes only anxiety in others.
Yesterday, about 80 communications professionals, who ranged from the people who fax press releases to senior marketing executives, gathered at Hull's Museum of Civilization to explore just what new technology will mean for their work.
The conference was put on by two groups, the International Association of Business Communicators and the Canadian Public Relations Society, which represent about 400 public relations workers in Ottawa.
Many are already true believers in the Internet.
"The change we've experienced is nothing compared to what is about to come," said Joanne Pollack, who is a vice-president at Hill & Knowlton. "Without the Internet we would be completely ineffective."
Miss Pollack now said she connects with clients and co-workers in Helsinki and New York on a daily basis. The firm's work is global: one of Hill & Knowlton's clients is a Greek group making a bid for the 2004 Olympics; another is the Ontario government, which is seeking to attract investment from abroad.
Using the Internet widens a business' reach by cutting down on huge expenses that would have existed a generation ago, when the same work would have had to be done through travelling and long distance phone calls, she said.
Conference goers attended speeches and workshops, where executives from local high-tech companies spoke on the future of the Net.
"It is incumbent on everybody to get to know what the Web is all about, and how it is going to change everybody's lives," said Nortel's John Hewer, a international communications director.
Intranets, non-public Internets used only within firms, are growing and becoming important for internal communications.
"Our own Intranet is the glue that holds our company together," said Mr. Hewer, whose firm has 68,000 employees in over 250 locations worldwide.
To help co-ordinate work, Nortel employees access the more than 300,000 Web pages that exist on the company's Intranet, which sees over one million e-mails daily. Nevertheless, the company's publicly available Internet site remains important.
"More corporations will come to visit us through this window than will ever come visit us directly," said Mr. Hewer.
Today, moving sound and video files over the Net is slow and cumbersome. But once bandwidth increases, that will change. Jim Mackie, a marketing executive at Newbridge Networks, told a workshop that there are already phenomenal rates of information transfer waiting to be tapped.
Mr. Mackie said that data, moving in underground fiberoptic cables, can now travel across the Atlantic at a rate of 40 gigabytes per second, a manner 143 times more cost effective than a decade ago. Once today's phone lines are replaced with quicker methods, the effects ought to be profound, he said.
"I'm saying to you that if the price of gas changed 143-fold, there would be a change in the economy," said a frustrated Mr. Mackie. "Would people understand then, that something significant is going on? People are failing to notice."
He maintains that much of the Internet, as it exists, is not so much a superhighway, but a barely beaten path.
Public relations workers, Mr. Mackie said, ought to recognize that bandwidth "is the great enabler," and start planning for when the data stream becomes a deluge.
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