Nortel Networks, Redknee.com showcase In-Vehicle Third Generation Wireless Services

PARIS - Nortel Networks* [NYSE/TSE: NT] and Redknee.com*, a developer of wireless Internet and UMTS (Universal Mobile Telecommunications System) applications, announced a joint activity demonstrating on-going innovation in the delivery of Wireless Internet services and applications for third generation (3G) wireless networks.


Nortel Networks and Redknee.com have jointly developed AIME* (Advanced Intelligent Mobile Entertainment), a prototype in-vehicle multimedia solution that delivers streamed wireless content and personalized information into intelligent vehicles. The solution currently operates on a Nortel Networks 3G trial network deployed in Paris, and is being demonstrated to wireless operators and UMTS license applicants.




AIME is demonstrating live applications and services integrated into a standard mini-van to show how content and applications can be adapted to personalization and location. AIME takes advantage of Nortel Networks expertise and leadership position in end-to-end 3G network solutions, and Redknee.com's system, software and Internet applications expertise.




It is expected that, with the advent of 3G networks, in-vehicle multimedia applications will find an increasing market demand. This in-vehicle solution will provide a wide range of user-defined content and services, including telematics, infotainment, mobile e-commerce, messaging, news services, traffic and weather information, and location-based advertising.





"Nortel Networks is committed to bringing complete, end-to-end network solutions to the booming Wireless Internet marketplace," said Doug McGregor, vice-president, GSM/UMTS, Nortel Networks.
"Beyond the radio access and core network aspects, today's announcement of AIME's capabilities as an in-vehicle integrated wireless multimedia applications solution is a further step toward the successful launch of 3G networks," McGregor said. "The joint activity with Redknee.com is an example of advanced Wireless Internet services and applications."



"Time to market delivery of innovative new applications is critical to the business success of 3G and UMTS service providers," Duncan Ratcliffe, president, Redknee.com. "Combining Nortel Networks Wireless Internet portfolio with Redknee's intelligent Wireless Internet solutions will allow both companies to open up new capabilities by making the Internet mobile aware. With the joint development of AIME with Nortel Networks, Redknee.com is positioning itself to deploy a suite of intelligent wireless services for a wide range of 3G-enabled terminals."


Redknee.com provides a wireless Intelligent Internet Services Framework solution to Wireless Services Providers (WSPs) and Application Service Providers (ASPs) to rapidly create and deploy new applications and services required by new emerging markets - banking, insurance, medical, entertainment and e-commerce. Service providers using intelligent networks, Wireless Internet and 3G applications depend on Redknee.com solutions. Redknee.com and Nortel Networks already have customers that utilize their combined solutions in Europe and North America. Headquartered in Toronto, Canada, the company has offices in San Jose and London. Visit us at www.redknee.com.



Nortel Networks is a global Internet and communications leader with capabilities spanning Optical, Wireless, Local Internet and eBusiness. The Company had 1999 U.S. GAAP revenues of US$21.3 billion and serves carrier, service provider and enterprise customers globally. Today, Nortel Networks is creating a high-performance Internet that is more reliable and faster than ever before. It is redefining the economics and quality of networking and the Internet, promising a new era of collaboration, communications and commerce. Visit us at www.nortelnetworks.com

Certain information included in this press release is forward-looking and is subject to important risks and uncertainties. The results or events predicted in these statements may differ materially from actual results or events. Factors which could cause results or events to differ from current expectations include, among other things: the impact of price and product competition; the dependence on new product development; the impact of rapid technological and market change; the ability of Nortel Networks to make acquisitions and/or integrate the operations and technologies of acquired businesses in an effective manner; general industry and market conditions and growth rates; international growth and global economic conditions, particularly in emerging markets and including interest rate and currency exchange rate fluctuations; the impact of consolidations in the telecommunications industry, the uncertainties of the Internet; stock market volatility; the ability of Nortel Networks to recruit and retain qualified employees; and the impact of increased provision of customer financing by Nortel Networks. For additional information with respect to certain of these and other factors, see the reports filed by Nortel Networks with the United States Securities and Exchange Commission. Nortel Networks 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 Networks, the Nortel Networks logo, the Globemark are trademarks of Nortel Networks. Redknee.com and AIME are trademarks of Redknee.com.


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About Redknee:
Redknee is a leading global provider of innovative communication software products, solutions and services. Redknee's award-winning solutions enable operators to monetize the lifetime value of each subscriber transaction while personalizing the subscriber experience to meet mainstream, niche and individual market segment requirements. Redknee's revenue generating solutions provide advanced converged billing, rating, charging and policy for voice, messaging and new generation data services to over 60 network operators in over 50 countries. Established in 1999, Redknee Solutions Inc.(RKN : AIM) is the parent of the wholly-owned operating subsidiary Redknee Inc. and its various subsidiaries. References to Redknee refer to the combined operations of those entities. For more information, visit http://www.redknee.com/.