CDR: Wireless Location Technology for 3G - Nortel / CambridgePositioning

[Bill Stewart]

Big Brother will know where you are.
Advertisers will know where you are.
But will *you* know where you are?  Or when they know where you are?

http://www.nortelnetworks.com/corporate/news/newsreleases/2000c/10_11_000066
9_cambridge_positioning.html

Nortel Networks, Cambridge Positioning Systems Plan to Develop Location
Technology 

BARCELONA, Spain - Nortel Networks* [NYSE/TSE: NT] and Cambridge
Positioning Systems (CPS) have signed a letter of intent to jointly develop
Location Technology for 3G (UMTS) wireless networks. 

The resulting products, to be developed once the parties successfully
negotiate a final license agreement, will provide location-based, value-added
services for 3G network operators. 

CPS will develop Location Technology based on the Observed Time
Difference of Arrival (OTDOA) standard. This is an extension of its success
in promoting the 2G equivalent - Enhanced Observed Time Difference
(E-OTD). 

Nortel Networks will integrate and market CPS products into its e-mobility*
Location Center, part of an end-to-end solution for Wireless Internet. Nortel
Networks believes that OTDOA will become a powerful location method that
will have minimal cost impact on both handsets and infrastructure. 
Nortel Networks e-mobility Location Center is a pivotal component in the
next generation Wireless Internet. The e-mobility Location Center is the
intelligent hub/gateway between a suite of location determination
technologies and mobility applications and services. Nortel Networks
strategy is to pursue an open standard and standards compliant universal
platform that will enable integration of best-in-class location determination
technologies. This will allow Nortel Networks to provide a fully tested and
integrated, carrier grade, end-to-end solution for location determination,
management and interface into value-added applications and services.


In a recent study, the Strategis Group projected a mobile location market
estimated at more than US$30 billion in 2005. 

"We are driving the evolution of a profitable, new high-performance Internet,"
said Alastair Westgarth, vice president, Wireless Internet, Nortel Networks.
"With this effort, CPS and Nortel Networks will be able to provide consumers
and businesses with speedy downloads of location-based services on mobile
devices, whether they be mobile phones, handheld devices or laptop
computers." 

"This letter of intent today builds on the work in 2G that we have been
concluding with Nortel Networks," said Chris Wade, chief executive officer,
Cambridge Positioning Systems. "We believe that location enablement will
be a fundamental technology platform for 3G networks." 

Cambridge Positioning Systems Limited (CPS) is a company focusing on
the provision of Mobile Location systems and services for mobile phone
users. CPS has two product streams to its business: its high accuracy
location technology called Cursor and a wide range of location-based
applications for corporate and consumer use called Coverge. Visit us at
www.cursor-system.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 and e-mobility
are trademarks of Nortel Networks. 

Contact for Press and Analysts: 


Beatrice Germain
Nortel Networks
33 6 85 74 35 65
germainb at nortelnetworks.com


Susan Kwon
Nortel Networks
972-684-5701
skwon at nortelnetworks.com

				Thanks! 
					Bill
Bill Stewart, bill.stewart at pobox.com
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