Mitel Completes Merger With Aastra

With More Than a Billion Dollars in Combined Annual Revenue and the Best Path to the Cloud, Mitel is a Clear Market Leader

US$1.1 billion in diversified annual revenue
#1 market share in Western Europe
US$100 million global cloud business
Global customer base of 60 million customers

OTTAWA, Jan. 31, 2014 (GLOBE NEWSWIRE) — Mitel® Networks Corporation (Nasdaq:MITL) (TSX:MNW), a global leader in business communications, today announced it has completed its merger with Aastra Technologies Limited. With US$1.1 billion of combined annual revenue and 60 million customers worldwide, Mitel now has one of the largest global footprints in the industry and is driving consolidation in the US$18 billion business communications market.