PSINET, WORLD'S LARGEST INDEPENDENT ISP, TO DEPLOY NORTEL
Networks' Next-generation Optical Internet Solutions for Global Optical Internet Expansion
Nortel Networks Selected for first phase deployment in North America
WASHINGTON, D.C., Oct. 19 /PRNewswire/ - PSINet Inc. (NASDAQ: PSIX), the
world's first and largest independent facilities-based commercial Internet
Service Provider, has selected Nortel Networks (NYSE/TSE: NT) next-generation
optical networking solutions for its global backbone network expansion. In the
first phase of its network expansion, PSINet will deploy Nortel Networks'
OPTera LH optical networking equipment and Integrated Network Management
solution over the next three years to expand its North American backbone
network supporting high-capacity Internet traffic. PSINet's IP-optimized
global network will link its 800 Internet 'points of presence' (POPs)
worldwide.
''PSINet intends to be the leading global Internet Supercarrier, with an
advanced network offering the reliability and performance required for
data-intensive traffic,'' said Pete Wills, president and chief operating
officer of PSINet Inc. ''Nortel Networks' leadership in high-capacity Optical
Internet solutions makes them the ideal provider for our backbone networking
needs as we create our global IP-optimized network.''
''PSINet is a carrier that dramatically exemplifies the requirement for
scalable bandwidth, highest reliability and network performance, and
end-to-end manageability that we enable with our Optical Internet solutions,''
said Anil Khatod, president Optical Internet, Nortel Networks. ''We're
extremely pleased to be part of PSINet's network expansion in the emerging
Internet Supercarrier market space.''
PSINet delivers a full line of IP-based services for small to
medium-sized businesses as well as a quarter of the Fortune 500 companies,
government and educational institutions and information services companies.
Its network provides corporate Internet access and private IP networks, web
and database hosting services, electronic commerce solutions and data, fax,
multimedia and voice services, services which require leading-edge speed,
capacity and reliability.
Nortel Networks OPTera LH optical networking platform is an open optical
solution that will scale to 1.6 Terabits per second of capacity on a single
fiber using Dense-Wavelength Division Multiplexing. The OPTera platform
provides maximum flexibility for Internet traffic, carrying any protocol in
its native format across the backbone network.
Nortel Networks' INM Optical Network Management Solution is being used by
over 300 customers worldwide and manages more than 85,000 broadband network
elements in service. It offers comprehensive network management functionality
to manage multi-vendor, multi-domain and multi-technology networks. INM uses
an open architecture where network operators can design applications to suit
individual needs resulting in a more flexible and powerful network and service
management capabilities.
Headquartered in Herndon, VA, PSINet is a global facilities-based
Internet Protocol (IP) data communications carrier focused on the business
marketplace. PSINet offers a broad set of high-speed corporate LAN
connectivity services supporting managed security and guaranteed Internet,
intranet, electronic commerce, Web hosting services, and services for other
carriers and ISPs. PSINet operates an international state-of-the-art frame
relay and ATM-based, IP-optimized network consisting of over 800 POPs around
the world serving primary markets in Argentina, Austria, Belgium, Brazil,
Canada, Chile, France, Germany, Hong Kong, Hungary, Italy, Japan, Luxembourg,
Mexico, the Netherlands, Panama, the Republic of Korea, Spain, Switzerland,
the United States, and the United Kingdom. PSINet information can be obtained
by e-mail at info(at)psi.com, by accessing the Web site at
psinet.com or by calling toll-free in the U.S. 1-800-799-0676.
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, Vancouver, and London stock exchanges. Nortel Networks had 1998
revenues of US$17.6 billion and has approximately 70,000 employees worldwide.
SOURCE Nortel Networks Corporation
-0- 10/19/1999
/CONTACT: Media: Shelley E. Grandy, Nortel Networks,
(905) 863-2105, sgrandy@nortelnetworks.com; Investor Relations: Angela
McMonagle, Nortel Networks, (905) 863-6044, mcmona@nortelnetworks.com; Jeff
Ferry, Nortel Networks, (703) 712-8339, jferry@nortelnetworks.com; Or visit
Nortel Networks' website at www.nortelnetworks.com/
/Nortel Networks' press releases are also available through CNO-Call by
fax at 800-758-5804, ext. 122158 or at www.prnewswire.com/
/Web-site: nortelnetworks.com
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