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To: Nick Morvay who wrote (81)	1/11/2001 8:51:02 AM
From: D.B. Cooper	Respond to of 449

Thursday January 11, 8:09 am Eastern Time Press Release GiantLoop Network Works With Nortel Networks to Bring Managed Optical Services to Global 250 Companies Companies Co-Sponsor Five-City 'Business At Light Speed' Seminar Series WALTHAM, Mass.--(BUSINESS WIRE)--Jan. 11, 2001--GiantLoop Network, Inc., the leader in Enterprise Optical Networking services today announced an Enterprise Optical Networking alliance with Nortel Networks(a) (NYSE/TSE:NT). Enterprise Optical Networking aggregates data and storage networking protocols over fiber optic networks that span campus, metropolitan, and inter-city geographies and features Nortel Networks industry leading OPTera Metro 5200. As part of this initiative, GiantLoop and Nortel Networks are co-sponsoring a five-city seminar series, entitled ``business at light speed'' that highlights the importance of managed optical services for enterprises. ``GiantLoop's Enterprise Optical Networking services are based on a comprehensive ''customer care`` methodology that includes professional services, interoperability testing facilities, deployment services, a state-of-the-art Network Control Center (NCC), and a web portal for service measurement and management,'' said Cliff Hirsch, editor, Telecom Trends. ``This end-to-end coverage gives GiantLoop the right skills and services to address the needs of Global 250 companies.'' ``Our customers recognize that IP and storage related network barriers can have a profound impact on the top and bottom line,'' said Mark Ward, president and chief operating officer at GiantLoop Network. ``GiantLoop offers the right professional services, managed optical networking services, and support infrastructure to solve these problems. Nortel's industry-leading DWDM technology platform and global infrastructure are a perfect compliment to our customer-focused business approach.'' ``Having conquered the long-haul optical requirement, Nortel Networks understands that the next challenge is to bring the power of optical networks to metropolitan-based enterprise companies,'' said Brian McFadden, president, Photonic Networks, Nortel Networks. ``GiantLoop recognizes enterprise customer needs, and has the management experience, sales team, storage and data networking expertise, and focus to execute. By utilizing Nortel's industry leading OPTera, GiantLoop is well positioned to bring superb solutions and rapid business benefit to enterprise customers.'' ``Business At Light Speed'' Road Show On January 22, GiantLoop and Nortel will begin a five-city road show titled ``Business At Light Speed,'' designed to educate Global 250 senior IT managers on the business and technical benefits of managed fiber optic networks. The seminars will focus on eBusiness initiatives and Enterprise Optical Networking services and equipment. Several presentations will highlight Optical Storage Networking (OSN), one of the most pressing optical networking initiative that Global 250 companies face. Optical Storage Networking (OSN) merges storage and fiber optic technology to enable extended-distance remote storage applications and ensure continuous business operations. The event will feature presentations from Nortel Networks and GiantLoop executives, as well as a keynote presentation from Steve Duplessie, senior analyst and founder of the Enterprise Storage Group. The ``Business At Light Speed'' seminars are planned in Boston on January 22, New York on January 23, Chicago on January 24, San Francisco on January 25, and Dallas on January 29. For more information about ``Business At Light Speed,'' email GiantLoop at events@giantloop.com.