Mitel Receives Canadian Government Approval for Merger With Aastra

December 13, 2013

Mitel Networks Corporation (Nasdaq:MITL) (TSX:MNW), a leading provider of cloud and premises-based unified communications software solutions, and Aastra Technologies Limited (TSX:AAH), a leader in enterprise communications, are pleased to announce that, in accordance with the Investment Canada Act, the Minister of Industry has approved the proposed merger of the companies which was announced on November 11, 2013. The Minister's approval is a key requirement for the transaction and represents a significant milestone toward finalizing the merger.

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"We are delighted with the positive response from the Canadian government to our proposed merger with Aastra," said Richard McBee, President and Chief Executive Officer of Mitel. "Both Mitel and Aastra have deep and lasting Canadian roots, and we look forward to continuing to leverage our rich Canadian heritage and talent base as we look to build a new and more global and competitive future for both organizations."

The combined company will be headquartered in Ottawa, Canada. The transaction is anticipated to close in the first quarter of 2014 subject to the approval of Aastra shareholders at the Aastra shareholder meeting scheduled for January 9, 2014 and other regulatory approvals and conditions specified in the Arrangement Agreement between Aastra and Mitel dated November 10, 2013.

About Mitel

A global market leader in business communications powering more than two billion business connections, Mitel helps businesses and service providers connect, collaborate and provide innovative services to their customers. Our innovation and communications experts serve business users in more than 100 countries. For more information, go to www.mitel.com and follow us on LinkedIn and Twitter @Mitel.

Contact Information

Mitel Public Relations

Email: [email protected]

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