"Breakthrough" optical networking technology from Nortel.........
biz.yahoo.com
Nortel Networks Unveils Breakthrough Optical Internet Capabilities to Bridge Optical and Packet Networks
New OPTera Packet Solution to handle massive bandwidth demands, overcome Internet traffic
congestion caused by 'Old World' routers
BRAMPTON, Ontario, Sept. 28 /PRNewswire/ - Nortel Networks (NYSE/TSE: NT) today announced the OPTera Packet
Solution --- a breakthrough in building the high performance Internet that will unify optical and packet networks into one
powerful infrastructure capable of carrying all types of traffic. It will provide lightning fast, highly reliable optical switching and
routing capabilities that replace 'Old World' routers responsible for 57 % of all Internet failures today, and deliver massive
bandwidth where and when it is needed.
''Nortel Networks is leading the way to the high-performance Internet --- an Internet at the speed of light, 99.999 % reliable,
secure, and with the capacity to deliver services that demand high performance, whether it's e-commerce or hosted
applications,'' said John Roth, President and Chief Executive Officer, Nortel Networks.
''In order for Cable & Wireless Communications to be at the forefront of building the new, better Internet, we need solutions
that can effectively and efficiently deliver the scalability, reliability, and economics that enable us to deploy profitable new
services,'' said Andrew MacLeod, Chief Technology Officer, Cable & Wireless Communications. ''Offerings like Nortel
Networks' OPTera Packet Solution give us confidence that this vision can now be achieved in the core of the Internet, and we
eagerly look forward to implementing them.''
''We chose Nortel Networks for our major network expansion announced today, because they are on the leading edge of the
Optical Internet and deliver real world solutions,'' said Mike Guess, VP engineering, IXC Communications. ''These latest
developments in the OPTera portfolio will ensure we stay ahead of the Internet demand curve.''
''The OPTera Packet Solution is the latest development in Nortel Networks' highly successful Optical Internet strategy,'' said
Clarence Chandran, President, Carrier Packet Solutions, Nortel Networks. ''We are leading the Internet revolution by
doubling the bandwidth capacity of fiber optics and halving the cost of networking every nine months. Demand for our Optical
Internet solutions is exploding as the market grows at 56 % annually to over US$ 35 billion by 2001.''
Breakthrough OPTera Packet Solution
-----------------------------------
The OPTera Packet Solution will bring together five elements:
- The OPTera Packet Core, a new capability announced today, will be the
cornerstone of the OPTera Packet Solution. The OPTera Packet Core is
expected to be available for customer trials in the third quarter of
2000.
- The Versalar Switch Router 25000, a carrier class terabit switch
router which is currently in customer trials and is expected to be
generally available in the fourth quarter of 1999.
- The OPTera Connect DX, an optical cross connect which will be
available for customer trials in the second quarter of 2000.
- The Passport 15000 Multiservice Switch, an ATM-based multiservice
switch which is available today.
- Integrated Network Management, end-to-end network management software
available today.
The OPTera Packet Solution will integrate and evolve all of these elements to deliver advanced optical switching and routing
capabilities that will handle speeds up to 19 Terabits per second of any kind of Internet traffic (IP, ATM, SONET/SDH) and
be scalable to hundreds of Terabits per second. It will be a major part of Nortel Networks' market leading OPTera Portfolio
that also includes metropolitan and backbone optical networking solutions.
The entire OPTera Portfolio is managed by a robust, yet simple to use integrated network management system that manages
voice and Internet traffic flows across both wireless and wireline networks with centralized billing and accounting records.
Proven in over 400 service provider networks worldwide, it lowers total cost of ownership through better network
management across multi-vendor networks, speeds the deployment of new services, and provides service quality assurance.
''The next generation network will require dramatic increases in capacity, manageability and reliability,'' said Mat Steinberg, a
Director at Ryan Hankin Kent in California. ''Nortel Networks' introduction of a new suite of high capacity products and
software capability is a major step towards bringing the reliability of the public telephone network to the Internet. Nortel
Networks optical transport systems now carry over 75 percent of backbone Internet traffic in North America.''
About Nortel Networks
Nortel Networks delivers value to customers around the world through Unified Networks solutions, spanning mission-critical
telephony and IP-optimized networks. Customers include public and private enterprises and institutions; Internet service
providers; local, long-distance, cellular and PCS communications companies, cable television carriers, and utilities.
Nortel Networks' common shares are listed on the New York, Toronto, Montreal and London stock exchanges. Nortel
Networks had 1998 revenues of US$17.6 billion and has approximately 70,000 employees worldwide.
Certain information included in this press release is forward-looking and is subject to important risks and uncertainties. The
results or events predicted in these statements may differ materially from actual results or events. Factors which could cause
results or events to differ from current expectations include, among other things: the impact of price and product competition;
the dependence on new product development; the impact of rapid technological and market change; the ability of Nortel
Networks to integrate the operations and technologies of acquired businesses in an effective manner; general industry and
market conditions and growth rates; international growth and global economic conditions, particularly in emerging markets and
including interest rate and currency exchange rate fluctuations; unanticipated impact of Year 2000 issues; and the impact of
consolidations in the telecommunications industry. For additional information with respect to certain of these and other factors,
see the reports filed by Nortel Networks with the United States Securities and Exchange Commission. Nortel Networks
disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information,
future events or otherwise.
SOURCE: Nortel Networks Corporation
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