Nokia Networks invests in mobile network multivendor optimization; buys a -D geolocation solution from NICE Systems

Espoo, Finland - Nokia Networks announced today that it has bought a broad solution for advanced geolocation* capabilities from NICE Systems (NASDAQ: NICE) to enhance the planning and optimization of mobile networks. Nokia Networks gains access to tools, technical expertise, and the right to further develop these capabilities.

Geolocation uses three dimensional modelling aimed at delivering unparalleled accuracy of network performance for multivendor networks. We believe that when combined with Nokias services expertise, this technology helps to provide deep insight into traffic trends and the performance of mobile broadband networks.

Advanced network planning and optimization services are at the forefront of Nokia Networks strategic services to mobile operators. The evolution of small cells and LTE necessitates more accurate 3-D geolocation capabilities. Nokia Networks intends to enhance this unique solution in order to offer superior services to our customers, regardless of which network gear they use, said Dennis Lorenzin, head of Network Planning and Optimization** at the Global Services business unit of Nokia Networks.

Nokia Networks intends to build up a competence center in Israel, develop its future portfolio around 3-D modeling, and increase automation in its services. This is a further step in Nokia Networks pursuit of innovation that comes from the global community of technology companies, said Dror Nemirovsky, head of Ecosystem Ventures at Nokia Networks.

NICE is very pleased with this new engagement with Nokia Networks, said Yaron Tchwella, President, NICE Security Group. Nokia Networks is one of the leading mobile broadband service providers for the telecom operators worldwide, and with this arrangement, our unique 3-D solution will now be made available for a much larger installed base.

To share your thoughts on the topic, join the discussion with @NSNtweets on Twitter using #Nokia and #mobilebroadband.

About Nokia

Nokia invests in technologies important in a world where billions of devices are connected. We are focused on three businesses: network infrastructure software, hardware and services, which we offer through Nokia Networks; location intelligence, which we provide through HERE; and advanced technology development and licensing, which we pursue through Nokia Technologies. Each of these businesses is a leader in its respective field.

Nokia Networks is the worlds specialist in mobile broadband. From the first ever call on GSM, to the first call on LTE, we operate at the forefront of each generation of mobile technology. Our global experts invent the new capabilities our customers need in their networks. We provide the worlds most efficient mobile networks, the intelligence to maximize the value of those networks, and the services to make it all work seamlessly. www.nsn.com // http://company.nokia.com

About NICE

NICE Systems (NASDAQ: NICE) is the worldwide leading provider of software solutions that enable organizations to take the next best action in order to improve customer experience and business results, ensure compliance, fight financial crime, and safeguard people and assets. NICEs solutions empower organizations to capture, analyze, and apply, in real time, insights from both structured and unstructured Big Data. This data comes from multiple sources, including phone calls, mobile apps, emails, chat, social media, video, and transactions. NICE solutions are used by over 25,000 organizations in more than 150 countries, including over 80 of the Fortune 100 companies. www.nice.com.

FORWARD-LOOKING STATEMENTS

It should be noted that Nokia and its business are exposed to various risks and uncertainties and certain statements herein that are not historical facts are forward-looking statements, including, without limitation, those regarding: A) expectations, plans or benefits related to Nokias new strategy; B) expectations, plans or benefits related to future performance of Nokias continuing businesses Nokia Networks, HERE and Nokia Technologies; C) expectations, plans or benefits related to changes in leadership and operational structure; D) expectations regarding market developments, general economic conditions and structural changes; E) expectations and targets regarding performance, including those related to market share, prices, net sales and margins; F) the timing of the deliveries of our products and services; G) expectations and targets regarding our financial performance, cost savings and competitiveness as well as results of operations; H) expectations and targets regarding collaboration and partnering arrangements; I) the outcome of pending and threatened litigation, disputes, regulatory proceedings or investigations by authorities; J) expectations regarding restructurings, investments, uses of proceeds from transactions, acquisitions and divestments and our ability to achieve the financial and operational targets set in connection with any such restructurings, investments, divestments and acquisitions, including any expectations, plans or benefits related to or caused by the transaction announced on September 3, 2013 where Nokia sold substantially all of Nokias Devices & Services business to Microsoft on April 25, 2014 (Sale of the D&S Business); K) statements preceded by or including believe, expect, anticipate, foresee, sees, target, estimate, designed, aim, plans, intends, focus, continue, project, should, will or similar expressions. These statements are based on managements best assumptions and beliefs in light of the information currently available to it. Because they involve risks and uncertainties, actual results may differ materially from the results that we currently expect. Factors, including risks and uncertainties that could cause these differences include, but are not limited to: 1) our ability to execute our new strate

LINK:	http://company.nokia.com/en/news/press-releases/2014/07/03/nokia-netwo...
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