Nortel
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Nortel

October 21, 2008 02:01 ET

Nortel Brings Secure Financial Communications to Arabian Capital

Unified Communications Improves Business Continuity and Productivity

RIYADH, KINGDOM OF SAUDI ARABIA--(Marketwire - Oct. 21, 2008) - Financial and brokerage services firm Arabian Capital(2) has deployed a robust, secure Unified Communications solution from Nortel(1) (TSX:NT)(NYSE:NT) in its new Riyadh headquarters. The solution provides voice and data services such as mobility and real-time collaboration, making employees more productive and improving responsiveness to customers while reducing operational costs. Offering a full range of Islamic compliant investment solutions to the business community in the region, Arabian Capital also required a network solution that guaranteed business continuity, ensuring customers and staff stay connected - no matter what. Arabian Capital now has an "always-on" infrastructure providing uninterrupted services and dynamically adaptable security to stop threats as they occur.

The new infrastructure, designed and implemented by its regional partner Baud Telecom Company, has simplified communications through one-click access to email, voice, unified messaging for staff at headquarters.

To improve customer service, Nortel and BTC have provided Arabian Capital with multimedia call capabilities to ensure customers and investors are quickly connected to the right representatives and analysts with the most suitable expertise for their queries.

"Nortel's technology has allowed us to implement a very reliable network that is critical to our financial and brokerage services," said Mohammad H. Al Suliman, vice president, chief operating officer, Arabian Capital. "Easy to manage and flexible, our new network will grow with our multi-market business needs and allow us to keep expanding communications that improve our services toward our investors. Our selection of Nortel provides our investors with state of art technologies to serve their needs and financial transactions in a reliable and secured manner."

"In today's global banking and finance market, organizations are under pressure to improve the service they offer customers while simultaneously cutting business costs," said Ramin Attari, vice president and managing director, Nortel Middle East. "The need for instant access to information and news puts a lot of pressure on the IT infrastructure. Unified communications represents an outstanding opportunity to accelerate business processes and enable employees to be more responsive to customers and coworkers."

The Nortel Business Communications Manager (BCM) 400 with Professional Call Center software formed the central part of the solution implemented at Arabian Capital Headquarters, including Nortel IP Softphone 2050, IP Phone 1120E and IP Phone 1140E.

Nortel Ethernet Routing Switch 8300 and Ethernet Routing Switch 5520 provided a high-speed resilient, highly secure, scalable and intelligent data network. Nortel Application Switches deliver application availability, performance and security by balancing and accelerating traffic and by giving IT Managers control over their network.

Nortel CallPilot Unified Messaging combines voicemail, fax and e-mail into a single location that can be accessed from anywhere, whether over the Internet or by telephone. Nortel WLAN Security Switch 2360/2361 for wireless connectivity enables employees to work from any desk or on the move.

Nortel's energy-efficient technology can help manage costs and reduce environmental impact, providing up to 20 times the performance and seven times the resiliency of competitive solutions while consuming up to 40 percent less energy and costing up to 50 percent less to own and operate.(3)

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.

(2)This is a 3rd party link as described in our Web linking practices.

(3)"Nortel Converged Data Network Solution: Evaluation of Energy Consumption and Projected Costs for a Converged LAN Campus, Data Center and WAN," The Tolly Group, July 2008.

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