Nortel
NYSE : NT
TSX : NT

Nortel

August 13, 2007 09:00 ET

Camana Bay Selects Nortel IP Solution for Voice, Data Communications

Developer Dart Realty Expects Customer Benefits, Increased Revenues

GRAND CAYMAN, CAYMAN ISLANDS--(Marketwire - Aug. 13, 2007) - Residents and businesses in Camana Bay, the Cayman Islands' largest real estate development, will soon benefit from the very latest high-speed, high-bandwidth communications services, thanks to a converged IP voice and data network from Nortel(1) (TSX:NT)(NYSE:NT).

Dart Realty, which is developing this 500-acre master-planned community, has selected a Nortel solution to provide IP telephony, unified communications, audio conferencing, contact centers and other multimedia services such as webcasting.

Camana Bay includes a downtown center, shops, business offices, neighborhoods, schools, beach access and entertainment. Ronco Communications, a Nortel channel partner, is providing network installation and services. A staged rollout is already underway with completion scheduled for August 2008.

"We expect Nortel's solution to benefit our users by providing superior service without requiring investment in their own network equipment and services," said Dale Dennis, vice president, Information Technology, Camana Bay. "The economy of scale will allow our tenants to increase their profitability and reduce their network operating expenses."

"Nortel is providing Camana Bay with a network that will grow along with its business requirements, based on a unified platform that will allow its IT team to manage multiple applications from a single site and user interface," said Norberto Milan, vice president, Enterprise Networks, for Nortel in the Caribbean and Latin America.

The Nortel solution for Camana Bay will include Nortel's Communication Server 1000 IP PBX and Telephony Manager, CallPilot(1) Unified Messaging, Contact Center, Ethernet Routing Switches, wireless local area networking, and IP phones.

About Camana Bay

Dart Realty (Cayman) Ltd. is the developer of Camana Bay, a 500-acre, mixed-use master planned community that stretches from Grand Cayman's famous Seven Mile Beach to the North Sound. Filled with Caribbean-inspired architecture and an abundance of native flora, Camana Bay will offer residential apartments and homes, garden and commercial offices, and a variety of retail, restaurant and entertainment venues. With the Town Centre due to open 2007/8, Camana Bay will be developed over decades allowing it to flourish for generations to come.

About Nortel

Nortel is a recognized leader in delivering communications capabilities that make the promise of Business Made Simple a reality for our customers. Our next-generation technologies, for both service provider and enterprise networks, support multimedia and business-critical applications. Nortel's technologies are designed to help eliminate today's barriers to efficiency, speed and performance by simplifying networks and connecting people to the information they need, when they need it. Nortel does business in more than 150 countries around the world. 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 statements are 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 Report on Form10-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.

(1)Nortel, the Nortel logo, CallPilot and the Globemark are trademarks of Nortel Networks.

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

Contact Information