NextiraOne Resells Nortel in Europe

PARIS -- NextiraOne, the leading independent international communications solutions provider, has signed a pan-European agreement with Nortel Networks (NYSE:NT)(TSX:NT), the companies announced today.In its initial phase, the agreement will enable NextiraOne to offer Nortel Networks comprehensive enterprise portfolio to large- and medium-sized organizations in mutually agreed countries. In particular, this initiative will enable NextiraOne and Nortel Networks to support multinational customers in transforming existing voice and data networks. "Building on our unique U.S. expertise in deploying Nortel Networks technology and current experience in Europe, this agreement will give our customers access to key innovations that complement NextiraOne's existing European services and solutions portfolio," said Ian Ashby, NextiraOne's vice president, Sales and Marketing, Europe. "This is a natural step for both companies following customer requests to have single European point of contact. We will be working together to make it possible for our joint customers to manage total cost of ownership more effectively." "This agreement will enable our joint customers in the Americas and in Europe to address their immediate communications needs, as well as to prepare for the future," said Barry Shakespeare, vice president, channel and partner sales, EMEA (Europe, Middle East, Africa), Nortel Networks. "Nortel Networks solutions integrated with NextiraOne's capabilities offer unique business value for our joint worldwide customers." Together with Nortel Networks, NextiraOne has already deployed enterprise data solutions for a number of healthcare, financial and banking institutions in Switzerland, including Visana, the Bank of Canton of Zurich, Bank von Ernst, and Zurich Financial Services.Nortel Networks Corp.