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increasing the effectiveness of customer interaction, improving seller productivity and driving overall operational effectiveness are the hallmarks of a winning company. We are putting the global strategy in place to build our business, and Michael's global operational experience and deep Nortel knowledge will allow us to execute rapidly and deliver value to our customers and to the company."

Prior to leading Nortel's sales organization in Asia, Pangia held senior level global roles in both finance and operations. He will combine his knowledge of important corporate functions and his hands on experience leading a key sales region to deliver solutions and execute strategies that drive real, measurable and tangible change in the way Nortel sells, goes to market and serves its global customer base.

"Over the last couple of years, Nortel has re-emerged as a strong and relevant competitor, winning major global engagements and delivering value-added solutions and technology to our customers," said Pangia. "Now, we need to take our operational effectiveness to the next level to unleash the full potential of Nortel's sales organization and maximize the value we bring to customers worldwide."

Asia Momentum

Pangia will remain in Asia until the end of June and continue in the position of regional president to ensure a smooth transition and a continued focus on business results in the region. Work is underway to identify a leader that will continue the momentum set by the Asia team under his leadership.

In recent months, the Asia team has demonstrated increased customer traction and has expanded its position as a central part of the Nortel organization. Among other significant announcements, Nortel recently announced the elevation of the China Lab in Beijing and Guangzhou to be one of two Full Service R&D labs globally - and announced a GSM contract worth over $100 million with major operator BSNL in India.