Aastra Technologies Limited

Aastra Technologies Limited

February 28, 2005 17:00 ET

Aastra Technologies Limited Acquires EADS Enterprise Telephony Business


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: AASTRA TECHNOLOGIES LIMITED

TSX SYMBOL: AAH

FEBRUARY 28, 2005 - 17:00 ET

Aastra Technologies Limited Acquires EADS Enterprise
Telephony Business

PARIS, FRANCE and TORONTO, ONTARIO--(CCNMatthews - Feb. 28, 2005) -
Aastra Technologies Limited (TSX:AAH) is pleased to announce that it has
completed its previously announced acquisition of EADS' Enterprise
Telephony Business.

EADS is a global leader in aerospace, defence and related services. In
2003 EADS, generated revenues of EUR 30.1 billion and employed a
workforce of about 109,000. The EADS Group includes the aircraft
manufacturer Airbus, the world's largest helicopter supplier Eurocopter
and the joint venture MBDA, the second largest missile producer in the
global market. EADS is the major partner in the Eurofighter consortium,
is the prime contractor for the Ariane launcher, develops the A400M
military transport aircraft and is the largest industrial partner for
the European satellite navigation system Galileo. For more information
EADS, visit our Web site at www.eads.com or www.eads-telecom.com.

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.

-30-

Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    Aastra Technologies Limited
    Allan Brett
    CFO
    1 905-760-4160
    abrett@aastra.com
    or
    EADS DCS
    Sandrine Quinton
    +33 (0)1.34.60.79.01 / +33 (0)6.85.74.44.82
    sandrine.quinton@eads.com
    or
    EADS DCS
    Michael Meissner
    +49 (0)89 607 34 850 / +49 (0)173 92 37 827
    michael.meissner@eads.com
    The Toronto Stock Exchange has not approved nor disapproved of the
    information contained in this statement.