K&K Active Announced as Exclusive LG-Nortel WDM-PON Sales Channel for
Finland>
K&K Active Announced as Exclusive LG-Nortel WDM-PON Sales Channel for Finland
(Thomson Reuters ONE) - Distributor to Drive Cost-Effective Fiber-Based Broadband Services inFinlandLONDON, UNITED KINGDOM--(Marketwire - July 06, 2009) - K&K Active Oy,a value-added distributor of data transfer and telecommunicationsproducts, has reached an agreement with LG-Nortel to be its exclusiveEthernet Fiber Access solution sales channel in Finland. LG Nortel isa joint venture of LG Electronics and Nortel(1) (OTCBB: NRTLQ) andK&K Active Oy is part of the Swedish Lagercrantz Group.The Nortel Ethernet Fiber Access solution, based on Wave DivisionMultiplexing Passive Optical Network (WDM-PON) technology, willenable K&K to extend its products and service portfolio to addresscustomers interested in next-generation access solutions forresidential, business and backhaul services. K&K can now sell oneintegrated solution for multiple FTTX (Fiber To The 'X') marketsegments, with residential, business and backhaul applications on asingle platform over a foundational infrastructure."The coming years will be the real start to Fiber To The Home (FTTH)solutions in Finland," said Harri Raty, product area manager, OpticalSolutions, K&K Active Oy. "LG-Nortel WDM-PON systems willsignificantly strengthen our optical access product portfolio andwill immediately enable us to offer end-users sustainable speeds ofup to 1 Gigabit/s. LG-Nortel's Ethernet Access WDM-PON technology isa cost-effective FTTH technology that fulfils the requirements set inthe Finnish Government's recently published National BroadbandStrategy."Applications such as unified communications, high-definitionvideoconferencing, IPTV, and high-speed mobile communicationssignificantly boost worker productivity and business efficiency, butthey can present challenges for service providers by dramaticallyincreasing the amount of data travelling over their networks."Fiber-optic connectivity is essential to meet growing bandwidthdemands and unlock new residential and business applications," saidPeter MacKinnon, chairman, LG-Nortel. "Working with K&K we will beable to deliver a next-generation access infrastructure to supportthe national effort to deliver broadband to Finland's businesses andhouseholds."Nortel's Ethernet Access solution, using WDM-PON technology, usesexisting optical backbone infrastructure and enables multiplewavelengths to be carried over existing optical fiber. This fiberreuse enables K&K to offer dedicated and symmetrical bandwidthsstraight to homes and businesses at a fraction of the cost of layingnew fiber.K&K Active Oy is a value-added distributor of data transfer andtelecommunications products. Together with its business partners andaffiliates, K&K Active Oy aims to provide customers with solutionsthat enhance their competitive advantage. The K&K product rangecovers multiservice and optical systems, IP-communication products,radio systems, xDSL and software for broadband provisioning andmonitoring.About LG-NortelLG-Nortel is a joint venture of LG Electronics and Nortel.Established in 2005, LG-Nortel provides leading edgetelecommunications equipment and network solutions, spanning wiredand wireless technologies, to service provider and enterprisecustomers in Korea and around the world. LG-Nortel is also activelydeveloping next generation solutions for global markets, with over750 skilled R&D engineers currently focused on wireless broadbandtechnology evolution and the development of powerful new productlines. For more information on LG-Nortel, visit www.lg-nortel.com.About NortelNortel delivers communications capabilities that make the promise ofBusiness Made Simple a reality for our customers. Our next-generationtechnologies, for both service provider and enterprise networks,support multimedia and business-critical applications. Nortel'stechnologies are designed to help eliminate today's barriers toefficiency, speed and performance by simplifying networks andconnecting people to the information they need, when they need it.For more information, visit Nortel on the Web at www.nortel.com. Forthe 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 similarlanguage and are considered forward-looking statements or informationunder applicable securities legislation. These statements are basedon Nortel's current expectations, estimates, forecasts andprojections about the operating environment, economies and markets inwhich Nortel operates. These statements are subject to importantassumptions, risks and uncertainties, which are difficult to predictand the actual outcome may be materially different from thosecontemplated in forward-looking statements. For additionalinformation with respect to certain of these and other factors, seeNortel's Annual Report on Form10-K, Quarterly Reports on Form 10-Qand other securities filings with the SEC. Unless otherwise requiredby applicable securities laws, Nortel disclaims any intention orobligation 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 NortelNetworks. LG-Nortel and the LG-Nortel logo are trademarks ofLG-Nortel.Contacts:NortelGreta Brown+44-(0)1628-432968gretab(at)nortel.comLG-NortelBohyun Kim+82 2 2005 2128kimvo(at)lg-nortel.comThis announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
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Datum: 06.07.2009 - 10:00 Uhr
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