"We are delighted Inter-Tel shareholders have voted to approve the merger with Mitel. By bringing together the unique strengths of each company, this transaction will accelerate our growth strategy,” said Don Smith, CEO of Mitel. "Together, we believe that Mitel and Inter-Tel will possess the intellectual property, technology depth, breadth of portfolio, managed services, partnerships, and people to be a leader in the rapidly changing IP telephony landscape.”
Subject to the outcome of the preliminary injunction hearing arising from Inter-Tel’s litigation before the Delaware Court of Chancery, Mitel and Inter-Tel expect that the merger will close as promptly as practicable after the hearing which is scheduled for August 8, 2007.
A global market leader in business communications powering more than two billion business connections, helps businesses and service providers connect, collaborate and provide innovative services to their customers. Our innovation and communications experts serve more than 70 million business users in more than 100 countries. For more information, go to www.mitel.com and follow us on Twitter @Mitel.
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