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Technology Stocks : Nortel Networks (NT)

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To: Bosco who wrote (6638)8/28/2000 10:15:57 AM
From: Kenneth E. Phillipps  Read Replies (1) of 14638
 
Another step towards the all optical network.

Genuity to Trial Nortel Networks OPTera Connect HDX Connection
Manager

Solution Reduces Cost of Optical Services While Delivering Ease of Connectivity

BOSTON - Genuity [NASDAQ: GENU] plans to conduct what are expected to be the first
customer trials of next generation, multi-terabit, intelligent optical cross-connect switches using
the OPTera* Connect HDX Connection Manager from Nortel Networks* [NYSE/TSE: NT].

An ultra dense, massively scalable, intelligent optical service platform, Nortel Networks
OPTera Connect HDX Connection Manager is designed to reduce the cost of switched optical
services while simplifying and automating end-to-end connectivity.

With capacity ranging from hundreds of gigabits per second to tens of terabits per second,
OPTera Connect HDX will expedite access to services such as managed connectivity, Virtual
Private Networking (VPN) and eBusiness hosting.

Genuity plans to test the performance, interoperability and operational simplicity of OPTera
Connect HDX beginning in the first quarter of 2001.

"OPTera Connect HDX is the enabling platform that will allow Genuity to manage the
continued exponential growth of our network, as well as offer dynamically managed bandwidth
services," said John Booth, director, technology assessment, Genuity. "Enabled with Intelligent
Optical Connectivity, OPTera Connect HDX will be the new industry benchmark customers
have come to expect with the Optical Internet."

Taking solutions from the sub-wavelength layer to the wavelength layer, OPTera Connect HDX
will allow seamless introduction of new technologies. Designed to improve network efficiency
and cost management, it will also provide Intelligent Optical Connectivity using signaling and
routing capabilities based on the Automatically Switched Optical Network (ASON) standard.
ASON is designed to enable open, end-to-end set-up and control of sub-wavelength,
wavelength or multi-wavelength optical connections.

"OPTera Connect HDX will permit flexibility when configuring network restoration options, and
enable delivery of new high-bandwidth optical services which are key to customers who want
faster time-to-market and enhanced revenue opportunities within the high-performance
Internet," said Don Smith, president, Optical Internet, Nortel Networks. "With these trials,
Genuity will demonstrate its leadership in the eBusiness network space, and its commitment to
providing customers with the most advanced capabilities available."

Nortel Networks will showcase OPTera Connect HDX at the National Fiber Optic Engineers
Conference, Aug. 28-30 in Denver.

Nortel Networks is a global Internet and communications leader with capabilities spanning
Optical, Wireless, Local Internet and eBusiness. The Company had 1999 U.S. GAAP revenues
of US$21.3 billion and serves carrier, service provider and enterprise customers globally.
Today, Nortel Networks is creating a high-performance Internet that is more reliable and faster
than ever before. It is redefining the economics and quality of networking and the Internet,
promising a new era of collaboration, communications and commerce. Visit us at
www.nortelnetworks.com.

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

Contact for Press and Analysts:

Joey Nord
Nortel Networks
770-708-5059
joeynord@nortelnetworks.com
nortelnetworks.com
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