Nortel Outlines Opportunities of New Era of Hyperconnectivity at Futurecom 2007

Nortel will once again provide the wireline network infrastructure for the event with more than 1,000 Ethernet points spread across the Centro Sul Convention Center delivering high-speed broadband network access for show attendees. Futurecom is the premier Telecommunications and Information Technology event in Latin America and this year's show expects more than 7,000 industry participants.

"Based on market data, broadband penetration in the region will increase from 2.6% to 8.2% from 2006 to 2012, which proves that Hyperconnectivity will be a reality in Brazil soon," said Juan Chico, president, Nortel Brazil. "Futurecom 2007 will provide the opportunity for us to show the market how our solutions and services can help them better prepare for this industry trend by helping customers reduce the complexity and harness the opportunities posed by Hyperconnectivity in their businesses."

At Futurecom 2007, Nortel executives will discuss the future of telecommunications on various panels:

- "Hyperconnectivity - The Next BIG Wave in SMB Market", Alex Pierson, general manager and vice-president of LG-Nortel Joint Venture, October 2, at 9:15 a.m., Pacific Auditorium.

- "An Outlook in Latin America Telecommunications," Alvio Barrios, president, Nortel CALA, October 3 at 11:30 a.m., Pacific Auditorium.

- "Broadband Access Networks and Low Costs: constructing the new generation of Metro Ethernet nets with PBB and PBT", Leonardo Serodio, director, strategic account development, Nortel CALA, October 3 at 4:55 p.m., Indico Auditorium.

- "Ultra Broadband: applications and markets to make it possible", Cassio Garcia, senior manager, Carrier Networks Nortel Brazil, October 3, at 11:30 a.m., Adriatic Auditorium.

- "Increasing productivity and competitiveness of small and medium companies with new communication and information software", Juan Chico, president, Nortel Brazil, October 4 at 11:30 a.m., Atlantic Auditorium.

Additionally, Nortel will present a wide range of solutions that will help meet the challenges of an increasingly hyperconnected world including: Unified Communications solutions to improve employee communication and collaboration; Hosted solutions for carriers and enterprises that enable service providers, system integrators and channel partners to deliver applications faster and easier than ever before, with limited up-front investment and reduced risk; Carrier solutions such as Provider Backbone Bridge (PBB) and Provider Backbone Transport (PBT) that make networks easy to implement, manage and maintain, that provide scalability, quality of service and simplicity and fixed and mobile WiMAX solutions that allow access to 4G wireless, high-speed broadband anywhere, anytime through any device.

"Hyperconnectivity will increase the size of the communications ecosystem, which will cause a corresponding explosion of new, high-bandwidth applications to further challenge the boundaries of the network," said Alvio Barrios, president, Nortel CALA. "We will show solutions to some of these challenges."

Visit the Nortel booth at Futurecom 2007(2) located in the B WING of the Centro Sul Convention Center.

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.

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