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April 30, 2003
Nortel Networks, Redback Networks Settle Pending Lawsuit
TORONTO – Nortel Networks* [NYSE/TSX: NT] and Redback Networks* [NasdaqNM: RBAK] have settled their pending lawsuit on a mutually acceptable basis. In December 2001, Redback sued Nortel Networks seeking a declaratory judgment of invalidity, unenforceability and noninfringement of five Nortel Networks patents. Nortel Networks responded that the patents were valid and enforceable. Nortel Networks also counterclaimed that Redback infringed the five patents.
As part of the settlement, Nortel Networks and Redback entered into a patent cross-licensing agreement. This agreement also includes a license from Nortel Networks to Redback for the U.S. patents that were listed in the lawsuit, specifically US Patent Nos. 4,667,324; 4,736,363; and 5,608,733 and 6,205,142. Under the agreement, Redback will also pay Nortel Networks an undisclosed fee. The lawsuit, Case No. C02-00361 in the United States District Court, Northern District of California, Oakland Division, will be dismissed. Nortel Networks is an industry leader and innovator focused on transforming how the world communicates and exchanges information. Nortel Networks 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. *Nortel Networks, the Nortel Networks logo and the Globemark are trademarks of Nortel Networks. Redback is a trademark of Redback Networks Inc. Contact for Press and Analysts:Media:
Tina Warren
Nortel Networks
(905) 863-4702
tinawarr@nortel.com
Investors:
Nortel Networks
(888) 901-7286
(905) 863-6049
investor@nortel.com
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