Nortel Names China Prez

HONG KONG -- Nortel* [NYSE/TSX:NT] announced Jackson Wu as the new president for the Greater China region effective immediately. In this role, he is responsible for Nortel’s business in the Peoples’ Republic of China (PRC), Hong Kong SAR and Taiwan.

“Greater China is a strategic market for Nortel both in terms of opportunity and technical capability,” said Michael Pangia, president of Nortel Asia. “Jackson has over 23 years of IT/Telecom experience with a well rounded background in sales and marketing, manufacturing and services. I am confident he will be able to help Nortel fully leverage what Greater China has to offer for the benefit of our customers and shareholders.”

Wu has been with Nortel for 13 years, working in various senior management roles in PRC and Taiwan with an impressive track record. Prior to his new role, he was instrumental in building Nortel’s business in Taiwan as the managing director. Wu represents Nortel as chairman of eASPNet, a Nortel Taiwan joint venture which provides Internet data center and e-business services. He also led the former Nortel joint venture, Tong Guang-Nortel (TGNT) in 1995 in Shenzhen, PRC and grew the JV into a successful production and service company before it was divested.

Prior to joining Nortel, Wu was the president of Datacraft Limited in Taiwan. In his 10 years in the computer industry, he also worked in various senior management roles at Digital Equipment Corporation.

Wu holds a Masters degree in Computer Science from Minnesota State University. As president of Nortel Greater China, he will be based in Beijing.

Nortel Networks Ltd.