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To: re3 who wrote (95690)	3/7/2000 12:07:00 PM
From: H James Morris	Respond to of 164684

Ike, I just added to Delano (Dtec). What's with Toronto? More IPO's coming out of your home town than I've had haircuts. Are you buying any of these? Did you buy any Xoi calls? Up 17 points today. > TORONTO--(BUSINESS WIRE)--March 7, 2000--(NASDAQ:DTEC) Delano Technology Corporation (Nasdaq: DTEC), a provider of interaction-based e-business communications solutions for the enterprise, and Nortel Networks* (NYSE/TSE:NT) today announced that the two companies are actively exploring joint opportunities to leverage their respective technologies to enable new solutions for e-business. This announcement follows Nortel Networks' recent US$9 million equity investment in Delano. "Having an industry titan like Nortel Networks invest in Delano was a major vote of confidence for us," said John Foresi, president and CEO of Delano. "By exploring joint opportunities for technology integration with Nortel Networks, our customers will be able to look to both Delano and Nortel Networks to jointly deliver key elements of an e-business framework. Leveraging Nortel Networks' technology to extend and enhance our product footprint, by integrating multi-channel communications, wireless, messaging, security and computer telephony integration (CTI), will help our customers achieve even greater results from their e-business investment." "Our equity stake in Delano marks the beginning of a working relationship that will allow both Nortel Networks and Delano customers to more readily integrate each of our solutions as a part of their overall e-business strategies. Nortel Networks has a number of technology solutions that will enable Delano to broaden the scope and nature of their products, and similarly, Delano's e-business development platform will provide Nortel Networks with an enabling technology to complement and extend our own initiatives," said Bill Conner, president of enterprise solutions at Nortel Networks. "Delano complements our pending acquisition of Clarify, which already has an alliance with Delano." According to Bill Blundon, executive vice president of the Extraprise Group, a Boston-based e-services firm, "Nortel Network's investment in Delano makes a major statement about the convergence of online and offline business. For example, the integration point for traditional and electronic businesses is the contact center, as it is the central place where companies add the human dimension to Internet commerce. Nortel Networks is a leader in the contact center, and Delano provides Nortel Networks with a high transactional, interaction-based e-business platform to extend the contact center, while Nortel Networks provides Delano with the necessary technologies to deliver comprehensive, multi-channel, enterprise e-business solutions."