Nortel
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Nortel

July 12, 2007 09:00 ET

President George W. Bush to Appoint Nortel CEO Mike Zafirovski to National Security Telecommunications Advisory Committee

WASHINGTON, DISTRICT OF COLUMBIA--(Marketwire - July 12, 2007) - President George W. Bush has announced his intent to nominate Nortel(1) (TSX:NT)(NYSE:NT) President and CEO Mike Zafirovski to the National Security Telecommunications Advisory Committee (NSTAC). In its advisory role to the president, the NSTAC provides industry-based analysis and recommendations on a wide range of policy and technical issues related to telecommunications, information systems, information assurance, infrastructure protection, and other national security and emergency preparedness concerns.

As a presidential appointee to NSTAC, Zafirovski would serve as a resource for the President and his national security team in efforts to safeguard critical U.S. infrastructure and telecommunications networks. In this capacity, Zafirovski would participate in discussions on a broad range of policy and technical issues related to telecommunications, critical infrastructure protection, homeland security, and other security concerns.

"I am very proud of this honor, and look forward to contributing to this important committee and serving the President during what will be a critical new era for technology and communications," said Zafirovski. "The rate of technology innovation promises to surpass that of any other time in recent history. We are entering a hyperconnected era that will not only transform the way people interact, but enable work, education and social interaction across all corners of the planet."

As President and CEO of Nortel, Zafirovski is building on the Company's strength in networking innovation to deliver new technologies that enable new levels of personalization, security and mobility to communications. Zafirovski, 53, is a 30-year business veteran with global management experience at Motorola and General Electric. He also serves on the board of directors of Boeing. An active member of civic and business communities, Zafirovski serves on numerous professional, educational and non-profit business organizations, including The Economic Club of Chicago, Children's Memorial Hospital in Chicago, Duke University Parent's Board, The Canadian Council of Chief Executives and the Macedonian Arts Council. A native of Macedonia, he received the Ellis Island Medal of Honor in 2004.

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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