Paris / Toronto, February 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 € 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.
The Toronto Stock Exchange has not approved nor disapproved of the information contained in this statement.
For further information contact:
Allan Brett, CFO + 1 905-760-4160 Aastra abrett@aastra.com
Sandrine Quinton +33 (0)1.34.60.79.01 / +33 (0)6.85.74.44.82 EADS DCS sandrine.quinton@eads.com
Michael Meissner +49 (0)89 607 34 850 / +49 (0)173 92 37 827 EADS DCS michael.meissner@eads.com
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