Nortel
OTC Bulletin Board : NRTLQ

Nortel
LG-Nortel

LG-Nortel
Telamon Corporation

Telamon Corporation

August 24, 2009 10:00 ET

LG-Nortel and Telamon Break Bandwidth Bottleneck With Industry-Leading Ethernet Access Solutions

Distribution Agreement to Drive Cost-Effective Fiber-Based Broadband Services across North America

SEOUL, KOREA--(Marketwire - Aug. 24, 2009) - North American carriers can more easily and cost-effectively deliver end-user Internet services at up to 1Gbps after LG-Nortel, the joint venture of LG Electronics and Nortel* (OTCBB:NRTLQ), signed are seller agreement to distribute its WDM-PON Ethernet Access solutions across the continent through solutions provider Telamon.

A leading provider of telecommunications solutions to North American businesses, Telamon will distribute LG-Nortel's range of Ethernet Access solutions to its existing customer base and into new accounts, meeting rapidly growing demand for fiber-optic access solutions as carriers increasingly roll out fibre-to-the-business/home/basestation (FTTx) services to residential and business customers.

"Demand for FTTx services in North America is skyrocketing as customers expect more from their online lifestyles," said Gary L. Bloehs, president, Telamon. "LG-Nortel's powerful range of WDM-PON solutions will help our carrier customers meet those expectations with a fully-featured, cost-effective, end-to-end solution that enables high-volume delivery of ultra-fast Ethernet-class Internet services over fibre-optic networks."

"LG-Nortel's expertise in WDM-PON solutions provides an easier, faster, less expensive option for FTTx deployments than existing technologies," said Peter MacKinnon, chairman, LG-Nortel. "We welcome Telamon to our network of value-added partners, and look forward to engaging with their customers to facilitate the delivery of next-generation Internet services on a wide scale across North America. This partnership will enable us to provide innovative applications and services based on our foundational WDM-PON solution. Our combined expertise will deliver a broadband revolution with innovative optical infrastructure solutions that empower operators to address higher capacity wireless backhaul requirements and deliver cost-effective next-generation access solutions for residential and business customers."

The LG-Nortel portfolio is one of the industry's first to use a Wavelength Division Multiplexing – Passive Optical Networking (WDM-PON) architecture, which extends the cost and performance advantages of carrier-grade Ethernet to the "First Mile" and overcomes traffic jams caused by bandwidth-hungry applications such as HD video on demand. WDM-PON makes it possible to divide a single optical fiber into multiple wavelengths, each capable of carrying the same bandwidth that previously required an entire fiber - reducing the cost of new FTTx rollouts, speeding deployment time and shortening return on investment periods for carriers deploying FTTx.

As an LG-Nortel channel partner, Telamon will deliver LG-Nortel solutions including its Ethernet Access WDM-PON product line, Transponder (SpeedLight16 and TurboLight16) customer premises equipment, and Ethernet Access Service Terminal splitter. Together, these solutions work with LG-Nortel's full range of optical service delivery and management tools to provide a complete FTTx solution for carriers.

About Telamon Corporation

Telamon Corporation is a value-added distributor of telecommunication products plus a global provider of integrated supply chain and technology deployment services. For more information on Telamon, visit www.telamon-corp.com** (click on the LGN logo on Telamon's home page to obtain additional information on the WDM-PON products).

About LG-Nortel

LG-Nortel is a joint venture of LG Electronics and Nortel. Established in 2005, LG-Nortel provides leading edge telecommunications equipment and network solutions, spanning wired and wireless technologies, to service provider and enterprise customers in Korea and around the world. LG-Nortel is also actively developing next generation solutions for global markets, with over 750 skilled R&D engineers currently focused on wireless broadband technology evolution and the development of powerful new product lines. For more information on LG-Nortel, visit www.lg-nortel.com.

About Nortel

Nortel delivers 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. For more information, visit Nortel on the Web at www.nortel.com. For the latest Nortel news, visit www.nortel.com/news.

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 statementsare subject to important assumptions, risks and uncertainties, which are difficult to predict and the actual outcome may be materially different from those contemplated in forward-looking statements. For additional information with respect to certain of these and other factors, see Nortel's Annual Reporton Form 10-K, 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.

*Nortel, the Nortel logo and the Globemark are trademarks of Nortel Networks. LG-Nortel and the LG-Nortel logo are trademarks of LG-Nortel.

**This is a 3rd party link as described in our Web linking practices.

Use of the terms "partner" and "partnership" does not imply a legal partnership between Nortel and any other party.

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