Unisys, Nortel Networks Unveil Secure VPN for Financial, Government, Commercial Markets
BLUE BELL, Penn.–(BUSINESS WIRE)–April 24, 2001–Unisys Corporation (NYSE:UIS) and Nortel Networks (NYSE:NT)(TSE:NT.) have developed a virtual private network (VPN) solution – called Secure VPN – that is expected to help financial institutions, government departments and commercial enterprises conduct secure, cost-effective eBusiness over the Internet.
Demand for VPN products and services continues to rise sharply according to Infonetics Research, with global VPN expenditures expected to increase 528 percent by 2004. To meet the needs of this expanding market, Unisys and Nortel Networks have created an end-to-end VPN solution by combining Unisys professional consulting and integration services with Nortel Networks Contivity platform.
Secure VPN is a comprehensive network security solution designed to enable financial, government and commercial institutions to conduct eBusiness over the high-performance Internet at lower cost than private networks with a high degree of security.
Helping enterprises create secure VPNs is a key objective of the Unisys Security Architecture, a holistic approach through which Unisys marshals solutions and services enabling customers to build a multi-layered security infrastructure for eBusiness in transaction-intensive network environments.
“Secure VPN provides unique value for customers by capitalizing on Unisys proven expertise in delivering integrated, secure solutions for financial services, public sector and commercial markets with Nortel Networks leadership in high-performance Internet solutions,” said Andy Galt, managing director, Alliances, Unisys Global Network Services. “Together we provide a comprehensive and economical way to build a secure network infrastructure for transaction-intensive, enterprise-wide eBusiness.”
As the central platform for Secure VPN, Nortel Networks Contivity provides tunneling and authentication capabilities for reliable network security and remote access at reduced costs. Contivity creates robust IP VPNs for businesses building managed secure networks, providing an ‘all in one’ VPN solution for remote access and site-to-site VPN services in a highly-scalable and highly-available platform.
Unisys integrates Contivity with a comprehensive portfolio of security consulting and network design services. Secure VPN enables businesses to leverage existing applications and develop new ones, resulting in secure, reliable networks. Businesses can also take advantage of additional options such as wide area networking (WAN), network/policy management and IP (Internet Protocol)-based mobility offerings for a customized solution.
“Nortel Networks leadership position in high-performance Internet solutions, combined with Unisys expertise in eBusiness security and network integration, enables a solution that can enhance our customers’ business models,” said Kevin Goose, vice president, solutions integrator and consultant sales, Nortel Networks. “Working with Unisys, we have created a compelling, end-to-end solution that provides optimal network security in the financial services, public sector and commercial markets, and extends our enterprise reach.”
Each Contivity VPN Switch is a single hardware device that provides routing, firewall, bandwidth management, encryption, authentication and data integrity for secure tunneling across managed IP networks and the Internet. With Contivity VPN switches, businesses can connect remote users, branch offices, suppliers and customers with the cost and performance advantages of shared IP networks and the same level of security and control as private networks.
Unisys is an eBusiness solutions company whose 37,000 employees help customers in 100 countries apply information technology to seize opportunities and overcome challenges of the Internet economy. Unisys people integrate and deliver the solutions, services, platforms and network infrastructure required by business and government to transform their organizations for success in this new era. The company offers a rich portfolio of Unisys e-@ction Solutions for electronic business based on its expertise in vertical industry solutions, network services, outsourcing, systems integration and multivendor support, coupled with enterprise-class server and related technologies. The primary vertical markets Unisys serves worldwide include financial services, transportation, communications, publishing and commercial sectors, as well as the public sector, including federal government customers. Unisys is headquartered in Blue Bell, Pa., in the Greater Philadelphia area. For more information on the company, access the Unisys home page on the World Wide Web at www.unisys.com. Investor information can be found at www.unisys.com/investor.
Nortel Networks is a global Internet and communications leader with capabilities spanning Optical, Wireless, Local, Personal Internet and eBusiness. The Company had 2000 U.S. GAAP revenues of US$30.3 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; the ability to obtain timely, adequate and reasonably priced component parts from suppliers and internal manufacturing capacity; the impact of the credit risks of our customers; the entrance by Nortel Networks into an increased number of supply, turnkey, and outsourcing contracts which contain delivery, installation, and performance provisions, which, if not met, could result in Nortel Networks having to pay substantial penalties or liquidated damages; and the impact of increased provision of customer financing and commitments 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 Contivity are trademarks of Nortel Networks. Unisys and e-@ction are trademarks of Unisys Corporation.