Mitel Tops List of "Highest Climbers" in 2008 Financial Post 500

June 20, 2008

Mitel Tops List of “Highest Climbers” in 2008 Financial Post 500

Mitel Tops List of “Highest Climbers” in 2008 Financial Post 500

Mitel Tops List of "Highest Climbers" in 2008 Financial Post 500

Mite

Mitel, a leader in business communications since 1973, completed a $729 million acquisition of U.S.-based Inter-Tel Inc on August 16, 2007, creating a, market leader in the global IP communications industry, including leadership in the fast growing SMB sector of the market. The Mitel portfolio boasts industry-leading systems, a comprehensive phone portfolio ranging from cost-effective entry level phones to full-featured IP sets, and flexible unified applications including messaging, audio and web conferencing, and mobility solutions that are in high demand by SMBs and enterprise customers. Mitel has tailored solutions that scale from the micro (<5 users), small (<50 users), medium (<1,000), and large enterprises (>1,000) to address the larger or distributed organization with up to 65,000 users in a network.

Through its acquisition of U.S.-based Inter-Tel and its presence in the hot IP communications market, Mitel gained 189 positions in the FP500 leaping ahead of companies such as Boeing Canada, Martinrea, Lundin, and AutoCanada Income Fund.

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

Sandrine Quinton, Mitel

Tel: +33 1 30 96 43 01

Email: [email protected]

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