Nortel Commences Comprehensive Business and Financial Restructuring

- Company to Utilize CCAA and Chapter 11 Processes - Operations Expected to Continue Without Interruption - Sufficient Cash on Hand to Fund Ongoing Operations - Affiliates in Asia, including LG Nortel, and in the Caribbean and Latin America, and Nortel Government Solutions (NGS) to Continue in Ordinary Course of Business and Are Not Subject to These Proceedings

Nortel(1) Networks Corporation (TSX: NT)(NYSE: NT) announced today that it, Nortel Networks Limited ("NNL") and certain of its other Canadian subsidiaries will seek creditor protection under the Companies' Creditors Arrangement Act ("CCAA") in Canada. As well, certain of the Company's U.S. subsidiaries, including Nortel Networks Inc. and Nortel Networks Capital Corporation, have filed voluntary petitions in the United States under Chapter 11 of the U.S. Bankruptcy Code, and certain of the Company's EMEA(2) subsidiaries are expected to make consequential filings in Europe.

Palm Unveils All-new webOS

Web-Centric Platform and New Palm Pre Phone to Debut Exclusively on Sprints Mobile Broadband Network in First Half of 2009

Palm, Inc. (NASDAQ:PALM ) today unveiled its groundbreaking Palm^® webOS™ mobile platform, built from the ground up to be constantly connected to the web, and the new Palm Pre™, the first phone based on the new platform.⁽¹⁾ Pre is scheduled to be available exclusively from Sprint in the first half of 2009.

Palm webOS is a brand-new kind of platform, invented exclusively for mobile use. webOS recognizes that you want your people, calendars and information to move with you, wherever you are, wirelessly, as opposed to being bound to a personal computer.

EF Johnson Technologies, Inc. Receives $3.8 Million Order from a DoD Customer

EF Johnson Technologies, Inc. (Nasdaq: EFJI) announced today that it has received an order valued at $3.8 million from a US Department of Defense (DoD) customer. The order calls for the company to develop an advanced security and encryption solution.

"EFJohnson Technologies has vast experience in developing secure, reliable wireless solutions for the Department of Defense," said Michael Jalbert, president and chief executive officer of EF Johnson Technologies, Inc. "Our wireless LAN solutions provide highly secure capabilities in support of critical missions."