(REUTERS) FULL TEXT-Nortel <NT.TO>, HP <HWP.N> set alliance FULL TEXT-Nortel <NT.TO>, HP <HWP.N> set alliance (Full text of press release from Canada NewsWire) Nortel Networks And HP Announce Services Alliance To Provide Worldwide Sales and Support of Nortel Networks Products SANTA CLARA/PALO ALTO, CA, June 1 /CNW/ - Nortel Networks (NYSE/TSE: NT) and Hewlett-Packard Company (HWP) today announced a network services alliance under which the companies will jointly deliver comprehensive network lifecycle services and support, including consulting, design, support, and reselling of Nortel Networks' solutions. Today's announcement reinforces Nortel Networks' Unified Networks strategy to provide a comprehensive set of products and services that will help customers make the transition from today's segregated voice and data networks to the single network infrastructure of tomorrow. This relationship enables HP and Nortel Networks to successfully build robust IT infrastructures supporting the growth of e-services by offering a true end-to-end portfolio across the network lifecycle. "By entering into this alliance with HP, Nortel Networks is offering its customers access to one of the top IT services companies in the world," said Dave House, president, Nortel Networks. "Together, we provide a powerful product and services solution to companies as they strive to reap bottom-line benefits by integrating voice, video and data functions across global networks." As part of the Nortel Networks Global Solutions Partner Program, HP will resell Nortel Networks' data networking products to enterprise customers worldwide. In addition, Nortel Networks will offer customers improved levels of support by leveraging HP's comprehensive portfolio of world-class network service, support, and financing services. HP has made a significant investment in training and certification, including meeting Premier Service Partner requirements, and currently offers some of the most comprehensive service and support capabilities of all Nortel Networks' Global Solutions Partners. These services will be delivered to customers worldwide through the Nortel Networks Global Solutions Partner Program, Nortel Networks' broadest Business Partner designation reserved for select Nortel Networks Business Partners. HP will provide complete network lifecycle and support services for Nortel Networks solutions to HP and Nortel Networks customers around the world. These services cover the following: - consulting - including business to IT alignment, IT solutions architecture, and Internet assessment - design - including logical and physical design, product procurement, and migration planning - implementation - including project management, staging and integration, and installation and verification - support - including post-installation proactive/reactive support, network monitoring, fault isolation, and network management - financing - including network solution financing options "Increasingly, customers look to us to provide mission-critical everything -- including bullet-proof networks that deliver voice, video and data anytime, anywhere," said Tom Ashburn, senior vice president and general manager of HP's Customer Service and Support Group. "Nortel Networks' outstanding networking products and technologies, combined with HP's world-class network consulting, implementation, support capabilities, and financing will give customers choices that really meet their mission-critical needs. Together HP and Nortel Networks will design, deliver and support a new level of end-to-end network solutions that companies can rely on every minute of every day." The new Global Solutions Partner program is Nortel Networks' broadest business partner designation and is limited to a select group of qualified organizations. It is intended to foster tightly integrated relationships that will lead to mutual success in the form of increased sales opportunities, penetration of new markets, greater awareness, and increased revenues. To qualify for the GSP program, partners must meet aggressive financial, geographic, skills and competence certification, and reporting requirements. More information about HP's network product and services is available on the Web at www.hp.com/go/networks. Hewlett-Packard Company -- a leading global provider of computing and imaging solutions and services for business and home -- is focused on capitalizing on the opportunities of the Internet and the proliferation of electronic services. HP had computer-related revenue of $39.5 billion in its 1998 fiscal year. HP plans to launch a new company consisting of its industry-leading test-and-measurement, semiconductor products, chemical-analysis and medical businesses. These businesses represented $7.6 billion of HP's total revenue in fiscal 1998. With leading positions in multiple market segments, this technology-based company will focus on opportunities such as communications and life sciences. HP has 123,000 employees worldwide and had total revenue of $47.1 billion in its 1998 fiscal year. Information about HP, its products and the company's Year 2000 program can be found on the World Wide Web at hp.com. 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. /For further information: Dawn Slusher, Nortel Networks, (408) 495-2864, dslusher(at)nortelnetworks.com; Theresa Seivertson, Hoffman Agency for HP, (650) 691-3321, tseivertson(at)hoffman.com; Or visit Nortel Networks' website at www.nortelnetworks.com; For more information about HP's products and services visit www.hp.com/go/networks; Archived images on this organization are available through CNW E-Pix at www.newswire.ca. Images are free to members of The Canadian Press./ REUTERS *** end of story *** |