CoreExpress, the first company to guarantee extranet
communications across multiple Internet Service Providers (ISPs), will
deploy Optical Internet solutions from Nortel Networks* [NYSE/TSE: NT]
under a multi-year equipment and services agreement valued at
approximately US$100 million.
CoreExpress also has the option to purchase additional Nortel Networks
optical solutions as network expansion demands, bringing the potential
estimated contract value close to US$300 million.
Nortel Networks will provide CoreExpress with a complete, end-to-end
network solution - including planning, engineering, and network management
- to support initial deployment of a 22,000-mile, coast-to-coast, IP (Internet
Protocol)-backbone network. This network is the foundation of CoreExpress'
Internet Data Exchange System (iDES*), its platform for the industry's first
multi-ISP extranet service.