Nortel
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TSX : NT

Nortel

April 17, 2008 18:03 ET

Nortel Appoints Michael Pangia as Global Sales Operations Leader

To Drive Sharpened Focus on Customers

SINGAPORE, SINGAPORE--(Marketwire - April 17, 2008) - Nortel(1) (TSX:NT)(NYSE:NT) today announced the appointment of Michael Pangia as senior vice-president, Global Sales Operations and Strategy. In this newly created position, he will lead a global team to further drive customer focus across the company and develop new strategic approaches for profitable revenue generation. Pangia is currently president of Nortel's Asia Region and will remain in this position in the short term as a successor is named to lead this important region.

"We are driving towards world-class sales operations and customer focus, and Michael Pangia, with his recent experience leading our operations in a highly competitive region, is the right executive to take us to the next level," said Bill Nelson, executive vice-president, Global Sales. "Simplifying processes, increasing the effectiveness of customer interaction, improving seller productivity and driving overall operational effectiveness are the hallmarks of a winning company. We are putting the global strategy in place to build our business, and Michael's global operational experience and deep Nortel knowledge will allow us to execute rapidly and deliver value to our customers and to the company."

Prior to leading Nortel's sales organization in Asia, Pangia held senior level global roles in both finance and operations. He will combine his knowledge of important corporate functions and his hands on experience leading a key sales region to deliver solutions and execute strategies that drive real, measurable and tangible change in the way Nortel sells, goes to market and serves its global customer base.

"Over the last couple of years, Nortel has re-emerged as a strong and relevant competitor, winning major global engagements and delivering value-added solutions and technology to our customers," said Pangia. "Now, we need to take our operational effectiveness to the next level to unleash the full potential of Nortel's sales organization and maximize the value we bring to customers worldwide."

Asia Momentum

Pangia will remain in Asia until the end of June and continue in the position of regional president to ensure a smooth transition and a continued focus on business results in the region. Work is underway to identify a leader that will continue the momentum set by the Asia team under his leadership.

In recent months, the Asia team has demonstrated increased customer traction and has expanded its position as a central part of the Nortel organization. Among other significant announcements, Nortel recently announced the elevation of the China Lab in Beijing and Guangzhou to be one of two Full Service R&D labs globally - and announced a GSM contract worth over $100 million with major operator BSNL in India.

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 and the Globemark are trademarks of Nortel Networks.

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