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: KYA27 who wrote (2159)	3/9/1999 1:35:00 PM
From: Paul Lee	Respond to of 14638

Nortel Networks Moves Enterprise Voice Solutions To Intel Architecture Signals Acceptance, Trend of Standards-Based Products Using Intel Architecture for the Telecommunications and Networking Equipment Industry SANTA CLARA, Calif., March 9 /PRNewswire/ - Intel Corporation and Nortel Networks today announced a broadening of Nortel Networks' use of Intel Architecture as the foundation for the company's extensive suite of enterprise voice solutions, shifting them to a more open set of offerings that include Intel's microprocessors. Nortel Networks' announcement represents an important design relationship with Intel and illustrates how Intel Architecture-based solutions are increasingly being used in the telecommunications market segment for a variety of solutions such as call centers, voicemail, unified messaging and other systems. Intel Architecture provides a reliable and flexible foundation that growing, high volume businesses and industries require, along with lower entry price points and total cost of ownership expenses. With today's announcement we are increasing our use of Intel-based hardware,'' said Susan King, vice president, industry relations, Enterprise Solutions, Nortel Networks. ''Intel Architecture not only provides the reliability and availability that the telecommunications industry expects but also supports a standards-based, non-proprietary platform that can enable rapid software development and application innovation.'' We are delighted with Nortel Networks decision as the telecommunications and computer industries are changing rapidly and the Internet presents the common challenge for both industries,'' said Sean Maloney, Intel senior vice president and director of sales and marketing. ''We are committed to making the Intel Architecture a standard building block for the Internet.'' According to Salomon Smith Barney, the worldwide telecommunications equipment market is expected to total $250 billion in 2000. Nortel Networks believes this change to a more open set of Intel Architecture-based solutions will help deliver products to market more quickly, while easily responding to changing market segment needs, allowing the company to more readily pursue its vision of ''Unified Networks.'' The migration of telephony services and applications from closed, proprietary architectures to an Intel-based architecture will continue with products that will begin debuting later this year. Nortel Networks already has telecommunications solutions based on the Intel Architecture including Symposium Call Center Server, CallPilot, Symposium OPEN IVR (Interactive Voice Response), and others.