Nortel, BT Team on Trading

LONDON -- Nortel(1) (TSX: NT)(NYSE: NT) and BT have collaborated to bring to market ITS Anywhere for Nortel, a platform that enables investors' phone calls and communications to be monitored and accessed on or off the trading floor - providing enhanced information access and business continuity for capital market trading organisations across the globe.

BT's ITS Anywhere for Nortel extends consistent mobile access to all trading information by allowing calls and information to be viewed on remote and off-floor devices at the same time as it's received by trading floor turrets and multimedia desktop devices.

"In a world where operational flexibility is vital, and threats to business continuity are coming from new and unexpected sources, trading organisations need to ensure they can keep working - no matter what," said Mark Weeks, leader, BT global account team, Nortel. "By extending access to trading information beyond just the trading floor, BT's ITS Anywhere for Nortel will give the required degree of trading consistency and flexibility, as well as meeting compliance requirements such as voice recording at a centralised point."

"By liberating voice trading communications from its traditional fixed location, a virtual trading environment can be created which enables staff to work in a more flexible manner, using a wider range of devices," said Phil Mottram, managing director, BT Trading Systems. "Our collaboration with Nortel means that customers can now leverage their existing investment in the Nortel PBX infrastructure and BT's ITS trading platform to extend trading floor information to off-floor users, branch offices and other remote locations as required.

Nortel Networks Ltd.