Nortel Intros Net Management Suite

ANAHEIM, Calif. -- Nortel Networks (NYSE:NT)(TSE:NT.) today introduced a revolutionary new solution to drive intelligence throughout the Optical Internet - from the network core, through the metropolitan network and right into the enterprise. Announced today at Optical Fiber Conference 2001 in Anaheim, Calif., Nortel Networks Smart Optical Network Solution will enable carriers to provide their customers with massive optical capacity on demand virtually `anywhere, anytime' with fully customized service options.

Nortel Networks Smart Optical Network Solution will consist of three new additions to the industry-leading Nortel Networks OPTera portfolio:
-- Nortel Networks OPTera Smart OS - embedded intelligent software to be distributed across all optical network elements that will form the essential foundation for the Smart Optical Network Solution.
-- Nortel Networks OPTera Smart Agent - software that will enable third-party `network attached' devices to become clients of the smart optical network to enhance delivered applications.
-- Nortel Networks Smart Management System for OPTera - a fully integrated optical eBusiness management system that will bring together strategic components of Nortel Networks service, network and element management products into a simple, unified platform.

"Having led the optical revolution at the heart of the Internet, Nortel Networks is now taking the lead in driving the power of intelligent optics throughout the network to enable new value-added, high-bandwidth services," said Greg Mumford, president, Optical Internet, Nortel Networks."

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