LONDON – Nortel Networks* [NYSE/TSX: NT] Multimedia Communications Server (MCS) 5100 recently won the 'Telecoms Product or Service of the Year' award at the CNET Networks UK Technology Awards.
The award recognizes Nortel Networks leadership position in converged multimedia applications and the market success MCS 5100 has had in the UK since its launch in March 2004. MCS 5100 is designed to help enterprises drive greater productivity by seamlessly integrating voice, data, and video services for "business as usual" virtually anywhere, anytime. From collaboration and personalisation features to multimedia and mobility, operational savings of 50% can be achieved while evolving to converged Multimedia communications**.
According to CNET Networks UK the winners of the CNET Networks UK Technology Awards 2004 are those companies, technologies, and individuals who have achieved exceptional success and demonstrated technological leadership in the business and technology arena.
"From a strong field, Nortel Networks came out the clear winner according to our judges. They have developed remote working by bringing all communications channels together in a centrally-managed product with the Multimedia Communications Server 5100," said Tom Bureau, Managing Director, CNET Networks UK.
Rob Leeson, Nortel Networks EMEA Service Delivery Director accepted the award on behalf of Nortel Networks at a recent packed gala dinner in London's Park Lane Hotel. When accepting the award, Rob highlighted the "significant cost savings and productivity benefits that had been realized during the adoption of the MCS 5100 solution throughout the corporation".
"MCS 5100 is a crucial part of Nortel Networks Virtual Enterprise strategy and we are delighted that is has won the 'Telecoms Product or Service of the Year' award," said Peter Kelly, president, Enterprise Networks, Europe, Middle East and Africa (EMEA), Nortel Networks. "This award recognizes that we are on the right path to drive enterprise productivity and profitability. We see that our customers appreciate the value MCS 5100 delivers to their businesses."
Nortel Networks MCS 5100 helps enterprises capitalize on the benefits of a fully-integrated and globally-dispersed workforce by delivering voice, call management, desktop video calling, collaboration tools and personalization services. MCS 5100 offers enhanced video capabilities with multi-point video conferencing, new secure Instant Messaging capabilities, and web application collaboration that allows applications and documents to be shared in real time. Enterprises with many frequent travelers and remote workers can be equipped with the right tools, applications and network resources they require, regardless of where they are, to ensure greater success through increased collaboration, access to real-time information, and shortened decision cycles.
MCS 5100 can be deployed with Nortel Networks telephony systems, or with telephony systems from other vendors.
CNET Networks UK is a leading media company focused on informing and connecting the buyers, users and sellers of technology. CNET UK has a unique ability to combine an in-depth knowledge of the technology industry with the power of technology itself. CNET's approach is to create discrete brands with highly tailored content and services that speak directly to the audience's unique needs. In the UK these are ZDNet UK, Builder UK, silicon.com and the European Technology Forum. Combined, these brands provide market-leading reach into the UK IT and business decision making audience and are read by over 1.4 million users a month.
As a global innovation leader, Nortel Networks enriches consumer and business communications worldwide by offering converged multimedia networks that eliminate the boundaries among voice, data and video. These networks use innovative packet, wireless, voice and optical technologies and are underpinned by high standards of security and reliability. For both carriers and enterprises, these networks help to drive increased profitability and productivity by reducing costs and enabling new business and consumer services opportunities. Nortel Networks does business in more than 150 countries. For more information, visit Nortel Networks on the Web at www.nortelnetworks.com or www.nortelnetworks.com/media_center.
Certain information included in this press release is forward-looking and is subject to important risks and uncertainties. The results or events predicted in these statements may differ materially from actual results or events. Factors which could cause results or events to differ from current expectations include, among other things: the outcome of Nortel Networks independent review and planned restatement or revisions of its previously announced or filed financial results; the impact of the management changes announced on April 28, 2004 and August 19, 2004; the impact of the inability to meet Nortel Networks filing obligations on support facilities and public debt obligations; the sufficiency of Nortel Networks restructuring activities, including the potential for higher actual costs to be incurred in connection with restructuring actions compared to the estimated costs of such actions; continued reductions in spending by Nortel Networks customers; fluctuations in Nortel Networks operating results and general industry, economic and market conditions and growth rates; the communication by Nortel Networks auditors of the existence of material weaknesses in internal controls; Nortel Networks ability to recruit and retain qualified employees; fluctuations in Nortel Networks cash flow, level of outstanding debt and current debt ratings; the use of cash collateral to support Nortel Networks normal course business activities; the dependence on Nortel Networks subsidiaries for funding; the impact of Nortel Networks defined benefit plans and deferred tax assets on results of operations and Nortel Networks cash flows; Nortel Networks dependence on new product development and its ability to predict market demand for particular products; Nortel Networks ability to integrate the operations and technologies of acquired businesses in an effective manner; the impact of rapid technological and market change; the impact of price and product competition; barriers to international growth and global economic conditions, particularly in emerging markets and including interest rate and currency exchange rate fluctuations; the impact of rationalization in the telecommunications industry; changes in regulation of the Internet; the impact of the credit risks of Nortel Networks customers and the impact of customer financing and commitments; stock market volatility generally and as a result of acceleration of the settlement date or early settlement of Nortel Networks purchase contracts; the impact of Nortel Networks supply and outsourcing contracts that contain delivery and installation provisions, which, if not met, could result in the payment of substantial penalties or liquidated damages; the future success of Nortel Networks strategic alliances; and the adverse resolution of litigation, investigations, intellectual property disputes and similar matters. For additional information with respect to certain of these and other factors, see the most recent Form 10 Q/A and Form 10-K/A filed by Nortel Networks with the United States Securities and Exchange Commission. Unless otherwise required by applicable securities laws, Nortel Networks disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
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- *Nortel Networks, the Nortel Networks logo, the Globemark and Business Without Boundaries are trademarks of Nortel Networks.
- ** META Group White Paper "Secure Mobility at Nortel Networks", February 2004
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