Aastra Technologies Limited

Aastra Technologies Limited

August 01, 2005 08:30 ET

Aastra Completes Acquisition of DeTeWe's Telecommunication Business from Rochling Group

BERLIN, GERMANY and TORONTO, ONTARIO--(CCNMatthews - Aug. 1, 2005) - Aastra Technologies Limited - (TSX:AAH) is pleased to announce that it has completed its previously announced acquisition of the telecommunication systems business of DeTeWe Deutsche Telephonwerke AG & Co KG, a member of the Rochling Group based in Germany.

About Rochling

The Rochling Group is a private company with head office in Mannheim, Germany. Rochling focuses primarily on high performance plastic technologies with operation worldwide. Rochling is a family business that was founded 183 years ago as a trading house for coal in the Saarland area of Germany. In 2004, the Rochling Group generated revenue of approximately EUR 1.4 billion and employed 8,000 individuals.

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.

This press release may contain forward-looking statements that involve risks and uncertainties. Forward-looking statements include statements of plans, objectives, strategies and expectations. The words "anticipate," "believe," "estimate" and "expect" and similar expressions are intended to identify forward-looking statements. The results or events predicted in these statements may differ materially from actual results or events. Factors which could cause results or events to differ from current expectations are included in the reports filed by Aastra with securities regulatory authorities in Canada. Aastra disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

The Toronto Stock Exchange has neither approved nor disapproved of the information contained in this statement.

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