Nortel Networks

Joint Universities Computer Centre Enables Real-Time Collaboration for Hong Kong and International Universities With Nortel Metro Ethernet Solution

    Hong Kong (ots/PRNewswire) -

    - Enhances Research and Resource Sharing for Students and Faculties

    The Joint Universities Computer Centre (JUCC) of Hong Kong is using the  high-speed, high-bandwidth power of Metro Ethernet technology from Nortel(x)  (NYSE/TSX: NT) to allow faculty and students of its eight member universities  to communicate and collaborate in real-time with counterparts in Asia and  around the world.

    The new JUCC network significantly enhances collaborative research and  resource sharing capabilities for its eight-member universities, providing  instant online access to high-bandwidth services such as library databases,  Web-based courses, distance learning, telemedicine, multimedia applications,  video conferencing and more. Other universities, local and overseas, will  connect to the new Metro Ethernet infrastructure via JUCC's existing wide  area network (WAN) - the Hong Kong Academic and Research Network (HARNET).

    "The Joint Universities Computer Centre's mission is to contribute to  the ongoing development of information technology in the Hong Kong  educational community and to advance our relationship with other academic  institutions," said Dr. Nam Ng, director, JUCC. "Nortel's solution is  enabling us to create a next-generation networking environment for our  eight-member institutions and to provide a vehicle for expanding our  contribution to education and research across our region and  internationally."

    "Nortel technology provides the foundation for JUCC to create a real- time collaborative communications environment for its universities," said  David Wong, managing director, Hong Kong, Nortel. "The high-speed  capabilities of Nortel's Metro Ethernet technology boost student and staff  productivity and efficiency, as well as enhance their ability to work  together on research projects and education initiatives wherever their  colleagues are located."

    JUCC is deploying Nortel's Optical Multiservice Edge 6500 and Optical  Metro 5000 Series platforms - integral components of Nortel's Metro  Ethernet Solutions - to provide Gigabit Ethernet and Fiber Channel  connectivity for the collaborative research network and for inter- university data storage applications.

    Member institutions of the JUCC initiative are: University of Hong Kong, Chinese University of Hong Kong, Hong Kong Polytechnic University,  City University of Hong Kong, Hong Kong Baptist University, Hong Kong  University of Science and Technology, Lingnan University and Hong Kong  Institute of Education. Implementation of the new JUCC network has been  handled by Nortel Hong Kong business partner PCCW.

    More than 10,000 education customers worldwide have installed communications solutions from Nortel. In global research and education,  Nortel has provided optical solutions to Netherlands-based SURFnet and  Internet2 in the United States, and to Canada's advanced Internet  development organization, CANARIE.

    The Nortel Metro Ethernet Networks portfolio includes solutions for  multiservice optical, carrier Ethernet and wireless backhaul. The portfolio  enables service providers to address the growth of high-bandwidth video and  data applications in their metro networks by deploying Ethernet as the  universal transport layer for any service they wish to offer, including  next-generation services such as triple and quadruple play, wireless video  and data and Ethernet business connectivity.

HONG KONG, December 5 /PRNewswire/ --

    About Nortel

HONG KONG, December 5 /PRNewswire/ --

    Nortel is a recognized leader in delivering communications capabilities that enhance the human experience, ignite and power global  commerce, and secure and protect the world's most critical information. Our  next-generation technologies, for both service providers and enterprises,  span access and core networks, support multimedia and business-critical  applications, and help eliminate today's barriers to efficiency, speed and  performance by simplifying networks and connecting people with information.  Nortel does business in more than 150 countries. For more information,  visit Nortel on the Web at For the latest Nortel news, visit

HONG KONG, December 5 /PRNewswire/ --

    Certain statements in this press release may contain words such as "could", "expects", "may", "anticipates", "believes", "intends", "estimates ", "targets", "envisions", "seeks" and other similar language and are  considered forward-looking statements or information under applicable  securities legislation. These statements are based on Nortel's current  expectations, estimates, forecasts and projections about the operating  environment, economies and markets in which Nortel operates. These  statements are subject to important assumptions, risks and uncertainties,  which are difficult to predict and the actual outcome may be materially different. Further, actual results or events could differ materially from  those contemplated in forward-looking statements as a result of the  following (i) risks and uncertainties relating to Nortel's restatements and  related matters including: Nortel's most recent restatement and two  previous restatements of its financial statements and related events; the  negative impact on Nortel and NNL of their most recent restatement and  delay in filing their financial statements and related periodic reports;  legal judgments, fines, penalties or settlements, or any substantial  regulatory fines or other penalties or sanctions, related to the ongoing  regulatory and criminal investigations of Nortel in the U.S. and Canada;  any significant pending civil litigation actions not encompassed by Nortel's proposed class action settlement; any substantial cash payment and /or significant dilution of Nortel's existing equity positions resulting  from the approval of its proposed class action settlement; any unsuccessful  remediation of Nortel's material weaknesses in internal control over  financial reporting resulting in an inability to report Nortel's results of  operations and financial condition accurately and in a timely manner; the  time required to implement Nortel's remedial measures; Nortel's inability  to access, in its current form, its shelf registration filed with the  United States Securities and Exchange Commission (SEC), and Nortel's below investment grade credit rating and any further adverse effect on its credit  rating due to Nortel's restatements of its financial statements; any  adverse affect on Nortel's business and market price of its publicly traded  securities arising from continuing negative publicity related to Nortel's  restatements; Nortel's potential inability to attract or retain the  personnel necessary to achieve its business objectives; any breach by  Nortel of the continued listing requirements of the NYSE or TSX causing the  NYSE and/or the TSX to commence suspension or delisting procedures; (ii)  risks and uncertainties relating to Nortel's business including: yearly and quarterly fluctuations of Nortel's operating results; reduced demand and  pricing pressures for its products due to global economic conditions,  significant competition, competitive pricing practice, cautious capital  spending by customers, increased industry consolidation, rapidly changing  technologies, evolving industry standards, frequent new product  introductions and short product life cycles, and other trends and industry  characteristics affecting the telecommunications industry; the sufficiency  of recently announced restructuring actions, including the potential for  higher actual costs to be incurred in connection with these restructuring  actions compared to the estimated costs of such actions and the ability to achieve the targeted cost savings and reductions of Nortel's unfunded pension liability deficit; any material and adverse affects on Nortel's  performance if its expectations regarding market demand for particular  products prove to be wrong or because of certain barriers in its efforts to  expand internationally; any reduction in Nortel's operating results and any  related volatility in the market price of its publicly traded securities  arising from any decline in its gross margin, or fluctuations in foreign  currency exchange rates; any negative developments associated with Nortel's  supply contract and contract manufacturing agreements including as a result  of using a sole supplier for key optical networking solutions components,  and any defects or errors in Nortel's current or planned products; any negative impact to Nortel of its failure to achieve its business transformation objectives, including completion of the sale of its UMTS  access business to Alcatel-Lucent; additional valuation allowances for all  or a portion of its deferred tax assets; Nortel's failure to protect its  intellectual property rights, or any adverse judgments or settlements  arising out of disputes regarding intellectual property; changes in  regulation of the Internet and/or other aspects of the industry; Nortel's  failure to successfully operate or integrate its strategic acquisitions,  or failure to consummate or succeed with its strategic alliances; any  negative effect of Nortel's failure to evolve adequately its financial and managerial control and reporting systems and processes, manage and grow its  business, or create an effective risk management strategy; and (iii) risks  and uncertainties relating to Nortel's liquidity, financing arrangements and  capital including: the impact of Nortel's most recent restatement and two  previous restatements of its financial statements; any inability of Nortel  to manage cash flow fluctuations to fund working capital requirements or  achieve its business objectives in a timely manner or obtain additional  sources of funding; high levels of debt, limitations on Nortel capitalizing on business opportunities because of support facility covenants, or on  obtaining additional secured debt pursuant to the provisions of indentures  governing certain of Nortel's public debt issues and the provisions of its  support facility; any increase of restricted cash requirements for Nortel  if it is unable to secure alternative support for obligations arising from  certain normal course business activities, or any inability of Nortel's  subsidiaries to provide it with sufficient funding; any negative effect to  Nortel of the need to make larger defined benefit plans contributions in  the future or exposure to customer credit risks or inability of customers  to fulfill payment obligations under customer financing arrangements; any  negative impact on Nortel's ability to make future acquisitions, raise  capital, issue debt and retain employees arising from stock price  volatility and further declines in the market price of Nortel's publicly  traded securities, or the share consolidation resulting in a lower total  market capitalization or adverse effect on the liquidity of Nortel's common  shares. For additional information with respect to certain of these and  other factors, see Nortel's Annual Report on Form 10-K/A, Quarterly Reports  on Form 10-Q and other securities filings with the SEC. Unless otherwise required by applicable securities laws, Nortel disclaims any intention or  obligation to update or revise any forward-looking statements, whether as a  result of new information, future events or otherwise.

ots Originaltext: Nortel Networks
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