About Aastra Technologies Limited

Aastra Technologies Limited (TSX: AAH), is a global company at the forefront of the Enterprise Communication market. Headquartered in Concord, Ontario, Canada, Aastra develops and delivers innovative and integrated solutions that address the communication needs of businesses small and large around the world. Aastra enables Enterprises to communicate and collaborate more efficiently and effectively by offering customers a full range of open standard IP-based and traditional communications networking products, including terminals, systems, and applications. For additional information on Aastra, visit our website at http://www.aastra.com.

Our expectation that we will file the BAR in October 2008 constitutes a forward-looking statement within the meaning of applicable Canadian securities legislation. By their very nature, forward-looking statements involve numerous factors and assumptions, and are subject to inherent risks and uncertainties, both general and specific, which give rise to the possibility that predictions, forecasts and projections will not be achieved.

We caution readers not to place undue reliance on this forward-looking statement as a number of important factors could cause our actual results to differ materially from the expectations expressed herein. The material factors that could cause our actual filing date for the BAR to differ materially from the forward-looking statement made herein include: the complexity of the carve-out of the related assets and liabilities of Ericsson's Enterprise Communications Business from numerous Ericsson affiliates, including, but not limited to, that the acquired business is global in nature but did not comprise a stand-alone business unit within Ericsson and, as such, did not prepare its own audited financial statements; Ericsson providing reasonable access to the books and records and necessary staff of Ericsson and its affiliates in order for us to prepare the BAR; and Ericsson ensuring that its auditors provide us and our auditors with access to necessary audit papers to complete the BAR.

We caution that the foregoing list of important factors that may affect future results is not exhaustive. When relying on the forward-looking statement made herein to make decisions with respect to us, investors and others should carefully consider the foregoing factors as well as other uncertainties and potential events as further described in detail under the heading "Risk Factors" in our 2007 Annual Information Form filed on www.sedar.com.

Contacts:
Aastra Technologies Limited
Allan Brett
CFO
(905) 760-4160
Email: investors@aastra.com
Website: www.aastra.com

SOURCE: Aastra Technologies Limited

mailto:investors@aastra.com
http://www.aastra.com

The addition of Ericsson's Enterprise Communications extends Aastra's reach in internet protocol Communication Servers, Unified Communication applications and integrated mobility, to address the communication needs of both small and large businesses. Aastra has grown rapidly by protecting its customers' investment while offering a roadmap for customers to evolve to IP communications at their own pace. Aastra will continue to build on Ericsson's success by supporting all existing products and applications, and by providing a smooth migration path to new technologies.

About Aastra

Aastra Technologies Limited, is a global company at the forefront of the Enterprise Communication market. Headquartered in Concord, Ontario, Canada, Aastra develops and delivers innovative and integrated solutions that address the communication needs of businesses small and large around the world. Aastra enables Enterprises to communicate and collaborate more efficiently and effectively by offering customers a full range of open standard IP-based and traditional communications networking products, including terminals, systems, and applications. For additional information on Aastra, visit our website at http://www.aastra.com. "Aastra" is a registered trademark of Aastra Technologies Limited.

This press release contains forward-looking information or forward-looking statements within the meaning of applicable securities legislation ("forward-looking statements"). Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, potentials, future events or performance (often, but not always, using words or phrases such as "believes", "expects" or "does not expect", "is expected", "anticipates" or "does not anticipate", or "intends" or stating that certain actions, events or results "may", "could", "would", "might" or "will" be taken or achieved) are not statements of historical fact, but are forward-looking statements. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of Aastra, or developments in Aastra's business or in its industry, to differ materially from the anticipated results, performance, achievements or developments expressed or implied by such forward-looking statements. Please refer to the heading "Risk Factors" in our annual information form filed on www.sedar.com, for the material factors that could cause our actual results to differ materially from the forward-looking statements made today. It is important to note that: unless otherwise indicated, forward-looking statements in this press release describe Aastra's expectations as of the date of this press release; Aastra cautions readers not to place undue reliance on the forward-looking statements in this press release as actual results may differ materially from expectations if known and unknown risks or uncertainties affect Aastra's business, or if estimates or assumptions prove inaccurate. Therefore, Aastra cannot provide any assurance that forward-looking statements will materialize and Aastra assumes no obligation to update or revise any forward-looking statement, whether as a result of new information, future events or other reason.

Contacts:
Aastra Technologies Limited
Allan Brett
CFO
(905) 760-4160
Email: investors@aastra.com

SOURCE: Aastra Technologies Limited

mailto:investors@aastra.com

Headquartered in Concord, Ontario, Canada, Aastra offers customers a range of open standard IP-based and traditional communications networking products, including terminals, systems, and applications.

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