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

To: RDR who wrote (2618)	5/7/1999 8:42:00 AM
From: Bosco	Read Replies (1) \| Respond to of 14638

G'day all - news on Succession Network trial [see attachment] best, Bosco attachment: biz.yahoo.com [full text below] Friday May 7, 8:01 am Eastern Time Company Press Release SOURCE: Nortel Networks Corporation France Telecom Tests New Nortel Networks Succession Solution Solution Upgrades Existing Telephony Infrastructure to Support New IP Services RESEARCH TRIANGLE PARK, NC, May 7 /PRNewswire/ - Nortel Networks (NYSE/TSE: NT) today announced that France Telecom's CNET R&D centre has begun testing the Nortel Networks Succession Network. The Succession Network transforms existing telephony networks into a unified, next-generation packet network that supports the deployment of new multimedia services. This open, standards-based solution will allow providers to add new-generation services in addition to traditional telephony, including the new end-to-end IP services that the market is demanding. The Succession solution will be provided in France by Matra Nortel Communications, the provider of Nortel Networks carrier and enterprise solutions in France. This new solution facilitates the migration of today's different networks into a single multi-service network. By deploying a Succession Network, carriers can integrate infrastructures by linking them to a single packet-based network that carries both voice and data. This gives them the flexibility required to respond swiftly to demand in an extremely fast-paced environment. IP-based services will thus join traditional telephony services on the same infrastructure. ''France Telecom is one of the world's largest operators. Next-generation networks is a strategic area which will allow us, as an operator, to manage the future multimedia services which combine voice, video and data,'' said FT executive. ''This is why the CNET, R&D centre of France Telecom, has decided to analyze the most advanced next-generation network solutions of the marketplace. With this in mind, the CNET has been testing the Nortel Networks Succession solution in its laboratories since the beginning of 1999.'' ''The new era of networking is about the delivery of telephony and new-generation services over packet networks,'' said Ian Craig, president, Carrier Solutions, Nortel Networks. ''That means delivering all of the service capability and quality of service resident on today's telephony network in addition to new, packet-based services without technology risk. Nortel Networks has the expertise and product portfolio to transform today's circuit-switched networks into packet networks while fully supporting the telecommunications provider's and end-user's critical business needs.'' Succession Network introduces four key elements and is compatible and interoperable with equipment from virtually any other vendor. The Succession Call Server enables the delivery of a full suite of existing telephony services over a packet infrastructure. The Succession Multi-Service Gateway delivers edge access and allows seamless connection between the packet network and various types of existing access infrastructures, including wireless networks and data traffic that originates on cable modems. The Succession Network Manager is the network administration system. The Nortel Networks Passport 15000 ATM switch or other comparable ATM switches provide the core high-capacity switching. Matra Nortel Communications is an equally-owned subsidiary of Lagard\022re and Nortel Networks with leadership positions in strategic segments of the telecommunications industry. Matra Nortel Communications leverages the expertise of Lagard\022re in multimedia and high technologies and the global power of Nortel Networks in communications networks for carriers and enterprises. By combining these strengths, Matra Nortel Communications has become a top-tier player in high-growth markets for multimedia communications network solutions. 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 75,000 employees worldwide. SOURCE: Nortel Networks Corporation