Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Nortel Networks (NT) -- Ignore unavailable to you. Want to Upgrade?

To: Paul Lee who wrote (3923)	12/13/1999 10:49:00 AM
From: Kenneth E. Phillipps	Respond to of 14638

Nortel aims services to boost Internet sales TORONTO, Dec 13 (Reuters) - Nortel Networks Corp. (Toronto:NT.TO - news)(NYSE:NT - news) will announce on Monday afternoon a string of services aimed at kick-starting the sale and rental of software over the Internet. Working with Hewlett-Packard Co. (NYSE:HWP - news) and other software firms, Nortel will help Internet Service Providers to certify, deliver and support applications with services it will start to launch in the first quarter of 2000. The fledgling application service provider market, which refers to the sale or rental of software on the Internet, is estimated to be worth $23 billion by 2003, according to research firm Dataquest. ``We're turbo charging the market for e-business solutions,' said Richard Caruso, president of Nortel's application service providers market segment, service provider and carrier group said in a statement. With Hewlett-Packard, Nortel will offer security, quality controls and network and system management to aid the delivery and sale of software. Nortel will also work with software vendors to certify their applications' performance, security and reliability. Nortel, which is also working with Software.com Inc., Concur Technologies Inc. and Intershop Communications Inc. under the strategy, plans to launch further services in the second quarter.