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HONG KONG – July 14 2003 – CPCNet, a CITIC Pacific
Company (SEHK 267), is developing and deploying voice
over IP (Internet Protocol) solutions designed specifically
for Hong Kong companies under a co-marketing arrangement
with Nortel Networks* [NYSE/TSX: NT] announced today.
These solutions are based on CPCNet ’ s managed IP
network service and Nortel Networks Business Communications
Manager, an IP PBX (private branch exchange). CPCNet
is an authorised reseller of Nortel Networks enterprise
solutions.
Hyde Financial Group, a leading financial institution,
has already adopted a combined solution from CPCNet
and Nortel Networks. This continues Nortel Networks
’ success in providing networking platforms for financial
services companies around the world.
Business Communications Manager positions financial
institutions like Hyde Financial Group to drive enhanced
productivity and efficiency and reduced maintenance
costs. It helps to ease administrative tasks. It also
enables Hyde Financial Group to enjoy cheaper International
Direct Dial (IDD) calls to Mainland China.
“ IP telephony can help small- to medium-sized companies
level the playing field with their larger competitors,
” said David Wong, general manager, Hong Kong, Nortel
Networks. “ By deploying our joint solutions, these
companies can use existing infrastructure to extend
network services to remote workers – one of the themes
of our ‘ One network. A world of choice. ’ enterprise
vision. Using existing infrastructure can help drive
lower cost of ownership. It can also position companies
to offer ‘ one-stop ’ IP solutions, including service
consultation, order management, logistics, operations
coordination, equipment set-up, and ‘ 24/7 ’ technical
support. ”
“ Organisations want to leverage their existing investments
and at the same time drive reduced costs, ” said Stephen
Ho, chief executive officer, CPCNet. “ They realise
that they can do so by moving to a converged IP environment.
We are delighted that by working with Nortel Networks,
we are helping to extend the reach and benefits of its
IP-based communications to these organisations. We share
the vision of leveraging the strength and power of network
convergence to reduce our customers ’ capital expenditures,
lower their operational costs, and increase their productivity.
”
Nortel Networks ’ Business Communications Manager provides
small- to medium-sized businesses and branch offices
a choice of IP-enabled or pure-IP solutions for combining
voice and data communications onto a single network.
Business Communications Manager supports a number of
voice and data capabilities, including PBX, voice over
IP gateway, Quality of Service (QoS) data routing, Virtual
Private Networking (VPN), routing, and firewalls.
CPCNet ’ s managed IP network service provides dedicated
direct access to remote offices and sites. Managed in
a single system, CPCNet ’ s managed IP network is a
secure and efficient network for transmission of data,
voice and video applications with QoS and security.
Nortel Networks Business Communications Manager was
recently named “ Best-In-Test ” in an evaluation of
sub-1,000 station IP PBXs. Business Communications Manager
earned this distinction based on voice quality, exceptional
manageability and noteworthy advanced features, according
to Business Communications Review (February 2003).
About Hyde Financial Group
Hyde Financial Group keeps abreast of the latest financial
development and opportunities around the world, combining
cutting-edge private banking services with global investment
capabilities, tailored to meet the changing needs of
international clients. With access to a broad range
of investment and banking resources, Hyde Financial
Group offers an exceptionally broad spectrum of services
that range beyond the traditional.
‘ One network. A world of choice. ’ , is about raising
the bar with a new level of customer and employee engagement,
no matter where and how the network is accessed. It
also offers enterprises the power of choice in deployment
options through industry-leading solutions in IP Telephony,
applications, data and optical networking.
About Nortel Networks
Nortel Networks is an industry leader and innovator
focused on transforming how the world communicates and
exchanges information. The Company is supplying its
service provider and enterprise customers with communications
technology and infrastructure to enable value-added
IP data, voice and multimedia services spanning Wireless
Networks, Wireline Networks, Enterprise Networks, and
Optical Networks. As a global company, Nortel Networks
does business in more than 150 countries. More information
about Nortel Networks can be found on the Web at www.nortelnetworks.com.
Media Contact:
Priscilla Wat
Phone: 852-2170-7536
Email: mediaenquiry@CPCNet.com
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