Aastra Technologies Limited

Aastra Technologies Limited

March 03, 2005 16:52 ET

Aastra Appoints Tony Shen As Co-CEO


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: AASTRA TECHNOLOGIES LIMITED

TSX SYMBOL: AAH

MARCH 3, 2005 - 16:52 ET

Aastra Appoints Tony Shen As Co-CEO

TORONTO, ONTARIO--(CCNMatthews - March 3, 2005) - Aastra Technologies
Limited - (TSX:AAH) is pleased to announce today that its Board of
Directors has appointed Tony Shen as Co-CEO of Aastra Technologies
Limited effective immediately. This appointment is in addition to Tony
Shen continuing to serve as President and COO of the Corporation and
reflects the increasing contribution in both size and scope that Tony
has made to the success of the Corporation. Francis Shen will continue
to serve as Chairman of the Board and will remain jointly responsible as
Co-CEO with Tony Shen.

About Aastra Technologies Limited

Aastra Technologies Limited (TSX: "AAH"), headquartered in Concord,
Ontario, Canada, develops and markets products and systems for accessing
communication networks. Aastra's products include a full range of
residential and business telephone terminals, Enterprise Private Branch
Exchanges (PBX), network access servers and high quality digital video
gateways. Aastra serves the majority of telephone companies and certain
cable operators and broadcasters in North America and Europe, with a
growing presence in South America and Asia. For more information on
Aastra, visit our Web site at http://www.aastra.com.

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Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    Aastra Technologies Limited
    Allan Brett
    CFO
    (905) 760-4160
    abrett@aastra.com
    The Toronto Stock Exchange has not approved nor disapproved of the
    information contained in this statement.