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For more information:
Frederic Weiller
Nortel Networks
+33 1 6446 4639
fweiller@nortelnetworks.com,
Giorgia Casnedi
Nortel Networks
+44 (0) 207 529 3045
casnedi@nortelnetworks.com


Egg Standardises on Nortel Networks Content Switching to Ensure the Highest Levels of Scalability and Availability for Popular Online Financial Services
Standardises on Alteon Web switching to support dramatic growth in online banking and financial services

LONDON, Dec. 4, 2000 - Nortel Networks* [NYSE/TSE: NT] today announced that Egg, the UK’s leading Internet-led financial services company, has standardised on Nortel Networks’ Alteon* Web switching products to support the bank’s drive to deliver the fastest and most available online financial services to a global market.
Cable & Wireless BTN, one of Alteon’s partners, worked closely with the Egg team to deploy ACEdirector 3 and Alteon 180e content-intelligent Web switches throughout its UK server centres in Dudley and Derby to provide high performance local and global server load balancing. Originally established as a disaster recovery centre to support the main server site in Dudley, Derby’s operation now works on an equal footing. The centres ‘communicate’ via a DSSP (Distributed Site State Protocol) link enabling each to redirect traffic to the other site when pre-determined thresholds are reached.
"At the start, our marketing was so successful that more people attempted to use our site than we had anticipated," said Darren McKenzie, Director of IT Operations at Egg. "But we’ve learned a lot and with the capabilities and scaling options now available on the market, we can address huge demand for online personalised financial services.
"From the early days of our launch we understood we needed to build systems capable of supporting high numbers of concurrent user transactions," McKenzie said. "As a result, we need true Web switching technology that lets us get the most out of critical elements of our infrastructure, mixing availability, delivery and overall performance. That’s why we turned to Alteon."
Nortel Networks Alteon Web switches provide front-end resiliency through intelligent health checking mechanisms for Web servers in the two Egg UK data centres while providing global server load balancing between sites. Due to its distributed networks processing architecture which provides for dedicated processing power at every switch port, Alteon Web switches are able to provide multiple traffic management services within a single platform.
"Egg took a very forward-looking approach to the online financial services market in the UK when such services were in their infancy and largely unproven. Egg’s online services have skyrocketed far beyond initial expectations. Fortunately, the Alteon solution has the scalability they require to meet their business needs and ensure clients receive quality service, which is absolutely critical for the long-term success of any online business," explains Rob Mustarde, vice president, Content Networking for Nortel Networks in Europe.
"The ability to support the processing of literally thousands of concurrent user sessions has become one of the most critical issues that IT managers are working to solve today. In Egg’s case, the company is poised to extract the value of their infrastructure investments to handle the increasing demand anticipated in the coming years," he said.

About Cable & Wireless- BTN
Cable & Wireless - BTN, is a specialist web infrastructure provider focused on the design and implementation of fast, resilient and secure E-commerce and E-business network infrastructures. For more information see http://www.btn.co.uk

About Nortel Networks
Nortel Networks acquired Alteon WebSystems, Inc., in October 2000. Alteon is now part of Nortel Networks Content Networking Business.
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 personalization, collaboration, communications and commerce. Visit us at www.nortelnetworks.com and www.alteonwebsystems.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, Alteon, the Nortel Networks logo and the Globemark are trademarks of Nortel Networks.

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