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Mitel Networks Corp. (delisted)

Mitel Networks Corp. (delisted) (MITL)

11.15
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Closed March 29 04:00PM
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Key stats and details

Current Price
11.15
Bid
11.14
Ask
11.16
Volume
-
0.00 Day's Range 0.00
0.00 52 Week Range 0.00
Previous Close
11.15
Open
-
Last Trade
Last Trade Time
Average Volume (3m)
-
Financial Volume
-
VWAP
-

MITL Latest News

Sportsman’s Warehouse Appoints Paul Stone as Chief Executive Officer and Announces Chair Transition

Stone Brings More Than 30 Years of Retail Leadership Experience, Including in the Outdoor Specialty Space Chair Joseph Schneider to Retire from Board at the End of the Year Board Designates Rich...

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MITL Discussion

View Posts
stocktrademan stocktrademan 8 years ago
MITL bullish 7.69

nasdaq stocks $1-10 with volume > 100,000




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marcusanimal marcusanimal 8 years ago
Up on positive earnings call, and strong chart all day to hold $8.80. Expecting some kind of rise in the a.m.
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BSWB BSWB 8 years ago
Mitel Responds to Elliott Associates’ Investment

Ottawa, October 8, 2015 — Mitel® (Nasdaq:MITL) (TSX:MNW), a global leader in real-time business, cloud and mobile communications, today issued the following statement in response to Elliott Associates’ recent filings on schedule 13-D.

“We welcome Elliott Associates’ interest and ongoing investment in Mitel. We have reviewed Elliott’s recent filings on schedule 13-D and share their views as to consolidation opportunities in our industry. Mitel’s senior management has consistently discussed its intention to consolidate the market, and in recent years has proactively leveraged M&A activity to successfully deliver shareholder value. As always, we look forward to creating further value for all Mitel shareholders.”

As a matter of policy, Mitel does not comment on specific M&A discussions.

About Mitel

A global market leader in enterprise and mobile communications powering more than 2 billion business connections and 2 billion mobile subscribers every day, Mitel (Nasdaq:MITL) (TSX:MNW) helps businesses and mobile carriers connect, collaborate and provide innovative services to their customers. Our innovation and communications experts serve more than 60 million business users in more than 100 countries, and 130 mobile service providers including 15 of the top 20 mobile carriers in the world. That makes us unique, and the only company able to provide a bridge between enterprise and mobile customers. For more information, go to www.mitel.com and follow us on Twitter @Mitel.

Mitel is the registered trademark of Mitel Networks Corporation.

All other trademarks are the property of their respective owners.

Forward Looking Statements

Some of the statements in this press release are forward-looking statements (or forward-looking information) within the meaning of applicable U.S. and Canadian securities laws. These include statements using the words believe, target, outlook, may, will, should, could, estimate, continue, expect, intend, plan, predict, potential, project and anticipate, and similar statements which do not describe the present or provide information about the past. There is no guarantee that the expected events or expected results will actually occur. Such statements, which relate to, among other things, consolidation in our industry, acquisition activity and creating shareholder value, reflect the current views of management of Mitel and are subject to a number of risks and uncertainties. These statements are based on many assumptions and factors, including general economic and market conditions, industry conditions, operational and other factors. Any changes in these assumptions or other factors could cause actual results to differ materially from current expectations. All forward-looking statements attributable to Mitel, or persons acting on its behalf, are expressly qualified in their entirety by the cautionary statements set forth in this paragraph. Undue reliance should not be placed on such statements. Risks are described under the heading “Risk Factors” in Mitel’s Annual Report on Form 10-K for the year ended December 31, 2014, filed with the SEC on February 26, 2015, and in Mitel’s other publicly filed documents with the SEC. Forward-looking statements speak only as of the date they are made. Except as required by law, Mitel does not have any intention or obligation to update or to publicly announce the results of any revisions to any of the forward-looking statements to reflect actual results, future events or developments, changes in assumptions or changes in other factors affecting the forward-looking statements.

MITL-F

Contact Information




Media – Americas

Amy MacLeod

613-592-2122 x71245

amy.macleod@mitel.com


Media – EMEA/AP

Duncan Miller

+44 (0) 1291 612 646

duncan.miller@mitel.com


Investors

Michael McCarthy

469-574-8134

michael.mccarthy@mitel.com


Industry Analysts

Cynthia Navarro

469-574-8113

cynthia.navarro@mitel.com
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r clarke r clarke 8 years ago
Up 16% on merger suggestion!
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soccadoc soccadoc 10 years ago
Looks to be retracing appropriately. IMO a good entry point is 9.05 to 9.15, great entry point would be after a potential retest of the 8.50 region.
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soccadoc soccadoc 10 years ago
News out- Co and Aastra Technologies announced that, in accordance with the Investment Canada Act, the Minister of Industry has approved the proposed merger of the companies which was announced on November 11, 2013. The Minister's approval is a key requirement for the transaction and represents a significant milestone toward finalizing the merger. The transaction is anticipated to close in the first quarter of 2014 subject to the approval of Aastra shareholders at the Aastra shareholder meeting scheduled for January 9, 2014 and other regulatory approvals and conditions specified in the Arrangement Agreement between Aastra and Mitel dated November 10, 2013.
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soccadoc soccadoc 10 years ago
Link to Investor Relations web page
http://investor.mitel.com/
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soccadoc soccadoc 10 years ago
If 9.75 holds tomorrow, look for this to blow past ten in the next few trading days.
👍️0
soccadoc soccadoc 10 years ago
Resistance at 9.75 is strong, but that will make for great support once it is breached.
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soccadoc soccadoc 10 years ago
If this breaks 9.75 this morning, I think we see 10.00 by EOD.
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soccadoc soccadoc 10 years ago
Looks like this is going to move.
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rumpelnstinsky rumpelnstinsky 11 years ago
Finally Bouncing back!!!
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BSWB BSWB 13 years ago
Photo Release -- Mitel Names Richard McBee Chief Executive Officer
Date : 01/13/2011 @ 4:31PM
Source : GlobeNewswire Inc.
Stock : Mitel Networks Corporation (MITL)
Quote : 5.1401 0.0 (0.00%) @ 7:30AM

Photo Release -- Mitel Names Richard McBee Chief Executive Officer
Mitel Networks - Common Shares (MM) (NASDAQ:MITL)
Intraday Stock Chart

Today : Friday 14 January 2011
Click Here for more Mitel Networks - Common Shares (MM) Charts.

Mitel (Nasdaq:MITL), a leading provider of unified communications software solutions, today announced its board of directors has appointed Richard McBee chief executive officer of the company effective January 17, 2011. Mr. McBee is also expected to be appointed to Mitel's board of directors at the next board meeting.

Richard McBee





A photo accompanying this release is available at http://www.globenewswire.com/newsroom/prs/?pkgid=8598



Mr. McBee, with more than 20 years experience in telecommunications, most recently served as President of the Communications & Enterprise Group of Danaher Corporation. In this role, he was responsible for annual sales in excess of $700 million derived from carrier, enterprise, and SMB markets via both direct sales and channel partners. Mr. McBee joined Danaher in 2007 as President, Tektronix Communications, following the acquisition by Danaher of Tektronix. During his 15 years with Tektronix, he held a variety of positions including Sr. Vice President and General Manager, Communications Business Unit; Sr. Vice President of Worldwide Sales, Service and Marketing; and Vice President of Marketing & Strategic Initiatives. Mr. McBee holds an M.B.A. from Chapman School of Business and Economics and graduated from the United States Air Force Academy with a Bachelor of Science in 1986.

"Rich brings with him exceptional operational leadership and a proven ability to drive growth and increase market share," said Terence H. Matthews, chairman of Mitel's board of directors. "We are excited to have Rich lead our talented management team and position the company for long-term sustainable growth."

"I am thrilled to join a world-class organization that has a proven track record of driving technological innovation," said Mr. McBee. "It is an honor to lead Mitel as it enters its next phase of growth backed by a comprehensive suite of IP-based solutions and a strong network of global partners."

Richard McBee succeeds current Mitel CEO, Don Smith, who on September 2, 2010 announced that he would step down from the position.

About Mitel

Mitel (Nasdaq:MITL) is a global provider of business communications and collaboration software and services. Mitel's Freedom architecture provides the flexibility and simplicity organizations need to support today's dynamic work environment. Through a single cloud-ready software stream, Mitel delivers a powerful suite of advanced communications and collaboration capabilities that provides freedom from walled garden architectures and enables organizations to implement best-of-breed solutions on any network; extends the "in-office" experience anywhere, on any device; and offers choice of commercial options to fit business needs. Mitel's global headquarters are in Ottawa, Canada, U.S. headquarters are in Chandler, Arizona and EMEA headquarters are in Caldicot, UK, with offices, partners, and resellers worldwide. For more information visit: http://www.mitel.com

The Mitel Networks Corporation logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=8599

Mitel and the Mitel logo are registered trademarks of Mitel Networks Corporation.

All other trademarks are the property of their respective owners.

The photo is also available via AP PhotoExpress.

MITL-F

CONTACT: Danielle McNeil (media)
613-592-2122 x4643
danielle_mcneil@mitel.com

Cynthia Hiponia (investor relations)
613-592-2122 x1992
investorrelations@mitel.com

company logo
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BSWB BSWB 13 years ago
Mitel Reports Second Quarter Fiscal 2011 Financial Results
Date : 12/02/2010 @ 4:05PM
Source : GlobeNewswire Inc.
Stock : Mitel Networks Corporation (MITL)
Quote : 5.7 -0.7 (-10.94%) @ 12:10PM


Mitel Reports Second Quarter Fiscal 2011 Financial Results
Mitel Networks - Common Shares (MM) (NASDAQ:MITL)
Intraday Stock Chart

Today : Friday 3 December 2010
Click Here for more Mitel Networks - Common Shares (MM) Charts.

Mitel (Nasdaq:MITL), a leading provider of unified communications software solutions, today announced its financial results for the second quarter of fiscal 2011 ended October 31, 2010. All financial results are in U.S. dollars.

Financial Highlights

* Revenue for the second quarter of fiscal 2011 was $161.1 million, compared to $162.4 million for the second quarter of fiscal 2010.
* Adjusted EBITDA (as defined below) for the second quarter of fiscal 2011 was $18.2 million, compared to $22.0 million for the second quarter of fiscal 2010.
* Cash and cash equivalents as of October 31, 2010 were $90.0 million, up 6 percent compared to the end of the first quarter of fiscal 2011.
* Operating cash flows for the second quarter of fiscal 2011 were $7.4 million, an increase of $10.9M over the second quarter of fiscal 2010.

Net income under U.S. GAAP for the second quarter of fiscal 2011 was $80.9 million, or $1.45 per share, compared to a net loss of $20.0 million, or $2.23 per share, in the same period last year(1). Net income for the second quarter of fiscal 2011 was largely driven by the relief of a valuation allowance of approximately $80.0 million, net of a provision for uncertain tax provisions, primarily relating to Mitel's deferred tax assets in Canada.

Non-GAAP net income for the second quarter of fiscal 2011 was $9.1 million, or $0.16 per share, compared to non-GAAP net income of $9.2 million, or $0.16 per share, in the same period last year. Please refer to the GAAP to non-GAAP reconciliation tables in this release.

"During the second quarter, we made progress on many fronts," stated Don Smith, chief executive officer, Mitel. "Our virtualization products, mobility products and our recently announced Mitel Freedom architecture have been well received in the market place. Additionally, we are seeing new opportunities in Europe to expand our enterprise business and are optimistic we can grow this area over the remainder of the fiscal year."

Business Highlights

The following are highlights of business developments during the second quarter of fiscal 2011:

* New customer highlights: Make-a-Wish Foundation, International Herald Tribune, Cornwall County Council, and Texas City Independent School District.
* Unveiled the Mitel Freedom architecture, a single, cloud-ready software stream that delivers an array of communications options for businesses looking to integrate a voice solution into best-in-class networks and applications.
* Announced the availability of Mitel Mobility for BlackBerry® Mobile Voice System 5 (BlackBerry MVS) with voice over Wi-Fi calling, extending Mitel's unified business communications features securely to BlackBerry® smartphone workers over cellular and Wi-Fi networks.
* Announced two major enhancements to the Mitel Mobile service including Mobile Wireless Integration, which enables users to seamlessly access their entire corporate voice network and Adaptive Mobile Connect, which can give customers increased speed of access to data services, with hybrid 3G/4G data services.
* Won the Nemertes Research PilotHouse Unified Communications Vendor award, ranking highest of UC vendors in the Market Challengers category.
* Achieved Platinum Partner Level in the Oracle Partner Network (OPN) -- recognizing Mitel for its in-depth expertise and excellence in delivering an integrated voice and data virtualized desktop solution for customers worldwide.
* Signed distribution agreement with Arrow Enterprise Computing Solutions that will continue the expansion of Mitel's IT software distribution network.
* Announced Telstra, a leading Australian telecommunications and information services company, has extended its portfolio of Mitel products to include Mitel Virtual Solutions.

"We are encouraged by the activity levels we saw this quarter, particularly in the Asia Pacific region which grew 42 percent year over year," stated Steve Spooner, chief financial officer, Mitel. "We experienced strong demand for our Mitel 5000 Communications Platform and made some key hires in our U.S. region to drive growth. Our core product margins are strong and the selective investments we are making in marketing and sales improve our confidence in driving long term growth."

Business Outlook

Mitel has set the following financial performance guidance for the third quarter of fiscal year 2011 ending January 31, 2011:

* Revenue is expected to be in the range of $157 to $162 million.
* Gross margin percentage is expected to be approximately flat compared to the second quarter of fiscal 2011.
* Non-GAAP operating expenses as a percentage of revenue are expected to be in the range of 38.5 to 39.5 percent. Non-GAAP operating expenses means SG&A and R&D expenses excluding estimated amortization of $5.6 million for acquisition-related intangible assets and estimated stock-based compensation expense of $1.2 million.

(1) Net loss per share for the second quarter of fiscal 2010 includes a non-cash charge of $11.9 million for accretion on Class 1 Preferred Shares. The Class 1 Preferred Shares were converted into common shares in conjunction with the April 2010 initial public offering.

Conference Call Information

Mitel will host an investor conference call and live webcast today at 5:00 p.m. EST (2:00 p.m. PST) to discuss its financial results for the second quarter ended October 31, 2010. To access the conference call, dial 866-322-2356. Callers outside the US and Canada should dial 416-640-3405. A replay of the conference call will be available through Tuesday, December 7, 2010. To access the replay, please dial 888-203-1112 and enter pass code 3373349. Callers outside the US and Canada should dial 647-436-0148 and enter pass code 3373349. The live webcast will be accessible on Mitel's investor relations website at http://investor.mitel.com/ and will be archived and available on this site for at least three months.

Adjusted EBITDA

Adjusted EBITDA is defined as consolidated net income (loss) before (1) interest expense, (2) income tax recovery, (3) amortization and depreciation, (4) foreign exchange gain (loss), (5) fair value adjustment on derivative instruments, (6) special charges and restructuring costs, and (7) stock-based compensation. For a reconciliation of Adjusted EBITDA to net income, the most directly comparable U.S. GAAP measure, see attached "Reconciliation of Net Income to Adjusted EBITDA."

Adjusted EBITDA is not a measure calculated in accordance with U.S. GAAP. Adjusted EBITDA should not be considered as an alternative to net income, income from operations or any other measure of financial performance calculated and presented in accordance with U.S. GAAP. We prepare Adjusted EBITDA to eliminate the impact of items that we do not consider indicative of our core operating performance. We encourage you to evaluate these adjustments and the reasons we consider them appropriate, as well as the material limitations of non-GAAP measures and the manner in which we compensate for those limitations. See "Selected Financial Data" in Mitel's Annual Report on Form-10-K, which has been filed with the U.S. Securities and Exchange Commission on July 27, 2010 and filed with Canadian securities authorities.

Non-GAAP Financial Measurements

To supplement our consolidated financial statements presented on a GAAP basis, Mitel uses non-GAAP measures of operating results, net income and income per share, which are adjusted to exclude certain costs, expenses, gains and losses we believe appropriate to enhance an overall understanding of our past financial performance and also our prospects for the future. These adjustments to our current period and comparative prior period GAAP results are made with the intent of providing both management and investors a more complete understanding of Mitel's underlying operational results and trends and our marketplace performance. For example, the non-GAAP results are an indication of our baseline performance before gains, losses or other charges that are considered by management to be outside of our core operating results. In addition, these adjusted non-GAAP results are among the primary indicators management uses as a basis for our planning and forecasting of future periods. The presentation of this additional information is not meant to be considered in isolation or as a substitute for net income or diluted net income per share prepared in accordance with generally accepted accounting principles in the United States.

Forward-Looking Statements

Investors are cautioned that Mitel's historical performance has in the past deviated, in some cases materially, from its financial performance targets. Given that Mitel's sales occur disproportionately in the final weeks of a quarter, Mitel does not intend to update its financial performance targets during or after the quarter and will not comment or report on its third quarter results until after it releases its financial results for the third quarter of fiscal year 2011 and holds its conference call with respect to such results.

Some of the statements in this press release, including the information regarding our financial performance targets for the third quarter of fiscal year 2011, are forward-looking statements within the meaning of applicable U.S. and Canadian securities laws. Statements that include the words "target," "outlook," "may," "will," "should," "could," "estimate," "continue," "expect," "intend," "plan," "predict," "potential," "believe," "project," "anticipate" and similar statements of a forward-looking nature, or the negatives of those statements, identify forward-looking statements. In particular, this press release contains forward-looking statements pertaining to, among other matters: our future economic performance, profitability and financial condition; general global economic conditions; our business strategy; plans and objectives for future operations, our industry and the growth in the markets in which we compete; the costs of operating as a public company; and our research and development expenditures. These forward-looking statements reflect currently available information or our current views with respect to future events and are based on assumptions and subject to risks and uncertainties. In making these statements, we have made assumptions regarding, among other things:

* No unforeseen changes occurring in the competitive landscape that would affect our industry generally or Mitel in particular
* A stable or recovering economic environment
* No significant event occurring outside the ordinary course of our business
* Stable foreign exchange and interest rates
* No asset impairments
* No material changes in effective tax rates

Actual events or Mitel's results, performance, financial position or achievements could differ materially from those contemplated, expressed or implied by such forward-looking statements as a result of various risks and uncertainties, including, without limitation:

* Our ability to achieve or sustain profitability in the future
* Fluctuations in our quarterly and annual revenues and operating results
* Fluctuations in foreign exchange rates
* Current and ongoing global economic instability
* Intense competition
* Our reliance on channel partners for a significant component of our sales
* Our dependence upon a small number of outside contract manufacturers to manufacture our products
* Our ability to successfully implement and achieve our business strategies
* Our ability to realize our deferred tax assets

Additional risks are discussed herein and under the heading "Risk Factors" in Mitel's Annual Report on Form 10-K, which has been filed with the U.S. Securities and Exchange Commission and Canadian securities authorities.

Except as required by law, Mitel is under no obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise.

About Mitel

Mitel Networks (Nasdaq:MITL) is a global provider of business communications solutions and services, consisting of unified communications and collaboration software applications, IP telephony platforms, mobility applications and managed and network services. Mitel enables businesses of all sizes to move beyond basic fixed telephony tools toward integrated multi-media collaboration solutions, accessible from anywhere, helping to improve performance, gain competitive advantage, and reduce costs. Mitel's global headquarters are in Ottawa, Canada, U.S. headquarters are in Chandler, Arizona and EMEA headquarters are in Caldicot, UK, with offices, partners, and resellers worldwide. For more information, visit: http://www.mitel.com.
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BSWB BSWB 14 years ago
Mitel Becomes a Platinum Partner in the Oracle Partner Network
Date : 09/09/2010 @ 8:50AM
Source : GlobeNewswire Inc.
Stock : Mitel Networks Corporation (MITL)
Quote : 6.49 0.0 (0.00%) @ 7:21AM


Mitel Becomes a Platinum Partner in the Oracle Partner Network
Mitel Networks - Common Shares (MM) (NASDAQ:MITL)
Intraday Stock Chart
Today : Friday 10 September 2010

Mitel® (Nasdaq:MITL), a leading provider of unified communications software solutions, today announced that it has become a Platinum Partner in the Oracle Partner Network (OPN). In achieving Platinum Level status in OPN, Oracle has recognized Mitel for its in-depth expertise and excellence in delivering an integrated voice and data virtualized desktop solution for customers worldwide.

"We are pleased to extend our relationship into the Oracle community given our success in delivering desktop virtualization solutions to customers in the U.S., Canada, Mexico, and Australia, in addition to other locations worldwide," said Stephen Beamish, vice-president of marketing and business development for Mitel. "Working with Oracle, Mitel continues to offer customers' choice in how they deploy their business communications applications as well as providing them with an integrated voice and data thin client solution."

The Mitel Unified IP Client for Sun Ray voice-enables Oracle's Sun Ray Clients, providing employees access to all their telephony and desktop applications from any location worldwide via a single Java Card. This improves flexibility and mobility for employees, including virtually seamless mobile phone hand off, four-digit dialing, and a single sign on option. From a management perspective, this can help provide businesses with lower operating costs, simplified IT management, and enhanced security.

Additionally, customers today can benefit from the ability to run Mitel's complete unified communications software suite including Mitel Communications Director (MCD), the company's core call control software, on Oracle's line of integrated Sun Fire x86 clustered systems and StorageTek tape and library storage solutions. This enables organizations to streamline their operations, leading to increased efficiencies, decreased costs, and ease of management.

"We are delighted to have Mitel join the Oracle PartnerNetwork," said Ted Bereswill, senior vice president, North America Channel Sales, Oracle. "This is another example of how Oracle's solutions can help companies such as Mitel, to distinguish their offerings, gain competitive advantage, and leverage their operational investments."

With Platinum status, Mitel receives the highest level of engagement, commitment and benefits available to OPN partners. For more information about the benefits of becoming an Oracle Platinum level partner, please visit: http://www.oracle.com/us/partnerships/index.htm.

To learn more visit: http://www.mitel.com/DocController?documentId=27381

About Oracle PartnerNetwork

Oracle PartnerNetwork (OPN) Specialized is the latest version of Oracle's partner program that provides partners with tools to better develop, sell and implement Oracle solutions. OPN Specialized offers resources to train and support specialized knowledge of Oracle products and solutions and has evolved to recognize Oracle's growing product portfolio, partner base and business opportunity. Key to the latest enhancements to OPN is the ability for partners to differentiate through Specializations. Specializations are achieved through competency development, business results, expertise and proven success. To find out more visit http://www.oracle.com/partners.

About Mitel

Mitel Networks (Nasdaq:MITL) is a global provider of business communications solutions and services, consisting of unified communications and collaboration software applications, IP telephony platforms, mobility applications and managed and network services. Mitel enables businesses of all sizes to move beyond basic fixed telephony tools toward integrated multi-media collaboration solutions, accessible from anywhere, helping to improve performance, gain competitive advantage, and reduce costs. Mitel's global headquarters are in Ottawa, Canada, U.S. headquarters are in Chandler, Arizona and EMEA headquarters are in Caldicot, UK, with offices, partners, and resellers worldwide. For more information visit: http://www.mitel.com

The Mitel Networks Corporation logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=7323

Mitel and the Mitel logo are registered trademarks of Mitel Networks Corporation.

All other trademarks are the property of their respective owners.

Oracle and Java are registered trademarks of Oracle Corporation and/or its affiliates.

MITL-C

CONTACT: Mitel Networks Corporation
Danielle McNeil (media)
613-592-2122 x4643
danielle_mcneil@mitel.com
Twitter: @Danielle_McNeil
Kevin Johnson (industry analysts)
613-592-2122 x6690
kevin_johnson@mitel.com
Twitter: @Kevin_Johnson
Cynthia Hiponia (investor relations)
613-592-2122 x1992
investorrelations@mitel.com


👍️0
BSWB BSWB 14 years ago
Mitel Expands Suite of Virtualized Unified Communications Applications for VMware Environments
Date : 08/30/2010 @ 9:09AM
Source : MarketWire
Stock : Mitel Networks Corporation (MITL)
Quote : 6.48 0.0 (0.00%) @ 8:31AM


Mitel Expands Suite of Virtualized Unified Communications Applications for VMware Environments
Mitel Networks - Common Shares (MM) (NASDAQ:MITL)
Intraday Stock Chart
Today : Tuesday 31 August 2010

Today at VMworld 2010, Mitel® (NASDAQ: MITL), a leading provider of unified communications (UC) software solutions, announced additional Mitel unified communications applications that are now available as virtual appliances running in a VMware environment.

In combination with applications previously released, Mitel is one of the industry's first vendors to have a complete UC suite of virtual software applications available to the market. Mitel Virtual Solutions leverages VMware vSphere™ to enable customers to consolidate Mitel's leading voice and unified communications applications alongside non-voice business applications in the datacenter.

"The Mitel Virtual Solutions portfolio combined with carrier SIP services now allows customers to deploy an entire unified communications solution as a software-only configuration," said Stephen Beamish, vice-president marketing and business development, Mitel. "This provides customers with the choice in selecting a solution that meets the requirements of their business model and technology infrastructure."

Following the availability of Virtual Mitel Communications Director (Virtual MCD) and rounding out the Mitel Virtual Solutions portfolio, the following applications are now VMware Ready™ certified and available as virtual appliances:


-- Virtual Mitel Applications Suite (Virtual MAS) - brings together
business-critical unified communications applications such as messaging,
conferencing, collaboration, informal contact center, business reporting
and analytics, and mobility in a single software package.

-- Virtual Unified Communicator® (UC) Advanced (Virtual UC Advanced) -
provides users with single-portal access to all collaboration tools
including deskphone/softphone integration, presence, instant messaging,
visual voice mail, and audio, web, and desktop video conferencing.

-- Virtual Mitel Border Gateway (Virtual MBG) - a solution that enables
businesses of all sizes to easily enjoy the benefits of UC through a
low-cost, secure, "plug and work" solution that extends applications to
teleworkers across remote locations.


"As customers continue on the path to IT as a service, they are virtualizing more business-critical applications. For unified communications solutions, they seek flexibility, reliability and scalability while still expecting high levels of performance," said Parag Patel, vice president, Global Strategic Alliances, VMware. "With the VMware and Mitel partnership, customers can virtualize tier-one applications for a cost-effective approach to cloud computing."

Mitel Virtual Solutions are designed to reduce costs by enabling server consolidation, reducing power consumption, and decreasing provisioning, installation and application management overhead. The solutions enable improved productivity and efficiencies in datacenter management and provide a single business continuity and disaster recovery plan.

Additionally, Mitel Virtual Solutions can take advantage of VMware management tools to provide improved application availability and simplify installation and maintenance.

SmartStream Technologies, an enterprise-wide, real-time Transaction Lifecycle Management (TLM) solution provider with more than a thousand clients, including more than 75 of the world's top 100 banks, has deployed the full suite of Mitel Virtual Solutions in its NY operations with plans to grow to more than 300 end users including offices in Europe.

"The fact that we can run all our voice and unified communications applications in a virtual environment means we can implement new applications in days versus weeks," said Brad Lunsford, director of IT for SmartStream Technologies. "Our strategy is to implement VMware for all business applications, so deploying our voice in the same environment makes sense. Compared to competitive offerings, the Mitel solution provides the best ROI because it is a complete software deployment. Additionally, Mitel Virtual Solutions is a far superior solution for day-to-day maintenance and disaster recovery when compared to traditional deployments."

About Mitel

Mitel Networks (NASDAQ: MITL) is a global provider of business communications solutions and services, consisting of unified communications and collaboration software applications, IP telephony platforms, mobility applications and managed and network services. Mitel enables businesses of all sizes to move beyond basic fixed telephony tools toward integrated multi-media collaboration solutions, accessible from anywhere, helping to improve performance, gain competitive advantage, and reduce costs. Mitel's global headquarters are in Ottawa, Canada, US headquarters are in Chandler, Arizona and EMEA headquarters are in Caldicot, UK, with offices, partners, and resellers worldwide. For more details visit: http://www.mitel.com

Mitel and the Mitel logo are registered trademarks of Mitel Networks Corporation.

VMware, VMware vSphere and VMworld are registered trademarks and/or trademarks of VMware, Inc. in the United States and/or other jurisdictions. All other marks and names mentioned herein may be trademarks of their respective companies. The use of the word "partner" or "partnership" does not imply a legal partnership relationship between VMware and any other company.

All other trademarks are the property of their respective owners.

Editors' note: Private interview opportunities may be arranged with Mitel (VMworld 2010 booth #109) industry experts. For more information, or to book interviews, please contact Danielle McNeil at 613-592-2122 x4643 or danielle_mcneil@mitel.com.

MITL-C

Contacts:

Danielle McNeil (media)

613-592-2122 x4643

danielle_mcneil@mitel.com

Twitter: @Danielle_McNeil



Megan Lane (media)

617-779-1854

mlane@shiftcomm.com

Twitter: @BostonPRPro



Kevin Johnson (industry analysts)

613-592-2122 x6690

kevin_johnson@mitel.com

Twitter: @Kevin_Johnson



Cynthia Hiponia (investor relations)

613-592-2122 x1992

investorrelations@mitel.com


👍️0
BSWB BSWB 14 years ago
Mitel Updates First Quarter 2011 Guidance
Date : 08/09/2010 @ 4:05PM
Source : GlobeNewswire Inc.
Stock : Mitel Networks Corporation (MITL)
Quote : 9.11 -0.13 (-1.41%) @ 4:14PM


Mitel Updates First Quarter 2011 Guidance
Mitel Networks - Common Shares (MM) (NASDAQ:MITL)
Intraday Stock Chart
Today : Monday 9 August 2010

Mitel® (Nasdaq:MITL), a leading provider of unified communications software solutions, today announced that it expects revenue for the first quarter ending July 31, 2010 to be approximately $160M, compared to the previously provided range of $163 million to $167 million.

Mitel will provide more detail when it releases its financial results for the first quarter of fiscal 2011 and host a conference call for analysts and investors after the market closes on September 2, 2010. Details for the conference call will be announced prior to the date.

Forward-Looking Statements

Some of the statements in this press release, including statements regarding Mitel's expected revenue for the first quarter of fiscal 2011 and its financial outlook generally, are forward-looking statements (within the meaning of applicable U.S. and Canadian securities laws). Statements that include the words "may," "will," "should," "could," "estimate," "continue," "expect," "intend," "plan," "predict," "potential," "believe," "project," "anticipate" and similar statements of a forward-looking nature, or the negatives of those statements, identify forward-looking statements. In particular, this press release contains forward-looking statements pertaining to, among other matters: our future economic performance, profitability and financial condition; general global economic conditions; our business strategy, plans and objectives for future operations; our industry and the growth in the markets in which we compete; the costs of operating as a public company; and our research and development expenditures. These forward-looking statements reflect currently available information or our current views with respect to future events and are based on assumptions and subject to risks and uncertainties. In making these statements we have made assumptions regarding, among other things: no unforeseen changes occurring in the competitive landscape that would affect our industry generally or Mitel in particular; a stable or recovering economic environment; no significant event occurring outside the ordinary course of our business; and stable foreign exchange and interest rates. Actual events or Mitel's results, performance, financial position or achievements could differ materially from those contemplated, expressed or implied by such forward-looking statements as a result of various risks and uncertainties, including the risks factors described under the heading "Risk Factors" in Mitel's prospectus, dated April 21, 2010, which has been filed with the U.S. Securities and Exchange Commission and Canadian securities authorities. Except as required by law, Mitel is under no obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise.

About Mitel

Mitel Networks (Nasdaq:MITL) is a global provider of business communications solutions and services, consisting of unified communications and collaboration software applications, IP telephony platforms, mobility applications and managed and network services. Mitel enables businesses of all sizes to move beyond basic fixed telephony tools toward integrated multi-media collaboration solutions, accessible from anywhere, helping to improve performance, gain competitive advantage, and reduce costs. Mitel's global headquarters are in Ottawa, Canada, U.S. headquarters are in Chandler, Arizona and EMEA headquarters are in Caldicot, UK, with offices, partners, and resellers worldwide.

Mitel and the Mitel logo are registered trademarks of Mitel Networks Corporation.

All other trademarks are the property of their respective owners.

The Mitel Networks Corporation logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=7323

MITL-F

CONTACT: Mitel Networks Corporation
Media
Danielle McNeil
613-592-2122 x4643
danielle_mcneil@mitel.com
Twitter: @Danielle_McNeil
Industry Analysts
Kevin Johnson
613-592-2122 x6690
kevin_johnson@mitel.com
Twitter: @Kevin_Johnson
Investor Relations
Cynthia Hiponia
613-592-2122 x1992
investorrelations@mitel.com


👍️0
BSWB BSWB 14 years ago
Mitel UC Advanced Mobile for BlackBerry Smartphones Now Available for Download on BlackBerry App World
Date : 08/03/2010 @ 8:25AM
Source : MarketWire
Stock : Mitel Networks Corporation (MITL)
Quote : 9.3 0.0 (0.00%) @ 8:26AM


Mitel UC Advanced Mobile for BlackBerry Smartphones Now Available for Download on BlackBerry App World
Mitel Networks - Common Shares (MM) (NASDAQ:MITL)
Intraday Stock Chart
Today : Tuesday 3 August 2010

Mitel® (NASDAQ: MITL), a leading provider of unified communications software solutions, today released version 3.2 of its Unified Communicator® (UC) Advanced solution. This release allows BlackBerry® smartphone users to mobilize and gain access to Mitel UC features available through UC Advanced. The BlackBerry smartphone application, Mitel UC Advanced Mobile, is available for download on BlackBerry App World™.

UC Advanced is a software client that allows users single-portal access to all collaboration tools, including deskphone, softphone, mobile devices, visual voice mail, secure instant messaging, presence, audio and web conferencing, desktop video conferencing, document sharing, and email. The Mitel solution enhances organizational efficiency and connects the right people and information automatically and effectively.

"With so many employees on the road at customer sites or field offices globally, UC Advanced Mobile for BlackBerry smartphones will allow our employees to easily access corporate voicemail, click-to-dial from corporate address book using internal extensions, or check other employee's presence status," said Amit Shankar, CIO at Granite Services International. "These kinds of capabilities will help our employees stay connected with the office, improve their productivity, and ultimately increase our customer satisfaction."

UC Advanced Mobile provides access for BlackBerry smartphones users to corporate UC information and tools, improving employee mobility and productivity. The application uses location based services - GPS and Bluetooth® - natively present in a BlackBerry smartphone to automatically update status information and call routing preferences.

"By facilitating access for enterprise BlackBerry smartphone users to their key business applications available from Mitel, UC Advanced Mobile helps simplify communication and collaboration between employees enabling true corporate mobility," said Stephen Beamish, vice-president marketing and business development, Mitel. "Employees can get instant access to corporate contact information, presence details, call history, visual voice mail, and Dynamic Status settings, regardless of location."

New UC Advanced 3.2 enhancements include:


-- Availability of the UC Advanced Mobile application for BlackBerry
smartphone on BlackBerry App World (www.blackberry.com/appworld).
-- UC Advanced Mobile application fully enables mobile workers and extends
Mitel business communications applications to BlackBerry smartphone
users.
-- Expanded location based services using GPS and Bluetooth, offer true
situational intelligence, leveraging existing onsite customer
investments.
-- Rich presence information display and easy button programming on Mitel
5312, 5324, 5320, 5330, 5340, 5360 IP Phones allowing users to quickly
change personal speed dial keys and check coworkers status when using
Mitel Communications Director (MCD).
-- Search bar mode with enhanced search capabilities for increased
efficiency and reduced desktop footprint.


Download the UC Advanced Mobile for BlackBerry client from BlackBerry App World: http://appworld.blackberry.com/webstore/content/12679

About Mitel

Mitel Networks (NASDAQ: MITL) is a global provider of business communications solutions and services, consisting of unified communications and collaboration software applications, IP telephony platforms, mobility applications and managed and network services. Mitel enables businesses of all sizes to move beyond basic fixed telephony tools toward integrated multi-media collaboration solutions, accessible from anywhere, helping to improve performance, gain competitive advantage, and reduce costs. Mitel's global headquarters are in Ottawa, Canada, US headquarters are in Chandler, Arizona and EMEA headquarters are in Caldicot, UK, with offices, partners, and resellers worldwide.

Mitel and the Mitel logo are registered trademarks of Mitel Networks Corporation.

All other trademarks are the property of their respective owners.

The BlackBerry and RIM families of related marks, images and symbols are the exclusive properties and trademarks of Research In Motion Limited.

MITL-C

Contacts:

Lindsay Taylor (media)

613-592-2122 x4644

lindsay_taylor@mitel.com

Twitter: @Linds_Taylor



Megan Lane (media)

617-779-1854

mlane@shiftcomm.com

Twitter: @BostonPRPro



Kevin Johnson (industry analysts)

613-592-2122 x6690

kevin_johnson@mitel.com

Twitter: @Kevin_Johnson



Cynthia Hiponia (investor relations)

613-592-2122 x1992

investorrelations@mitel.com

👍️0
BSWB BSWB 14 years ago
Mark Barnes & Associates Selects Mitel 5000 Communications Platform to Unify Disparate Offices
Date : 06/16/2010 @ 8:55AM
Source : MarketWire
Stock : Mitel Networks Corporation (MITL)
Quote : 9.03 0.0 (0.00%) @ 8:48AM


Mark Barnes & Associates Selects Mitel 5000 Communications Platform to Unify Disparate Offices
Mitel Networks - Common Shares (MM) (NASDAQ:MITL)
Intraday Stock Chart
Today : Thursday 17 June 2010

News Facts:

- Mitel®(NASDAQ: MITL), a trusted provider of unified communications software solutions, today announced that Mark Barnes & Associates has selected the Mitel 5000 Communications Platform (CP) to optimize the workflow of its law firm.

- Mark Barnes & Associates has offices and employees located in the U.S. and Europe and must stay in touch with clients around the clock, operating seamlessly and cost-effectively as a single company though working in multiple locations across different time zones.

- In order to unify employees in all locations and better serve the needs of its client base, Mark Barnes & Associates relied upon a 15-year relationship with Mitel's channel partner, Leading Communications Design, to determine which solutions best suited the firm's needs.

- The latest software version of the Mitel 5000 CP, which includes support for the new 5000 HX Controller hardware appliance, provides seamless private networking functionality, linking all the firm's sites as if they are in the same physical location.

- Capabilities also include embedded voicemail, automatic call distribution, teleworking, softphone communications, mobility, and presence information.

- Mobility functionality is key, as the firm's employees travel extensively. With the Mitel 5000 HX Controller, employees have access to a range of capabilities that include a single number identity and voicemail box, twinning to have desk phones and mobile phones ring simultaneously, and the ability to send and receive voicemail as wave files to BlackBerry devices and other handheld devices.

- Designed for small businesses, the Mitel 5000 HX Controller uses an open architecture and standard communications protocols to provide a wide range of applications. It enables businesses to network geographically dispersed employees and locations, whether they are connecting offices and applications together over a data network, or deploying digital and IP phones to employees.

- The Mitel 5000 HX Controller provides access to the following capabilities:


-- Deep applications portfolio
-- Using a wide range of embedded applications as a base, customers can
build on a rich set of UC applications with the Mitel Applications
Suite (MAS) for the Mitel 5000 CP. This offers customers the ability
to customize application rollout based on end-user role requirements
-- Mitel leading IP and digital desktop phone portfolio
-- Supports Mitel Unified Communicator® (UC) Advanced and Mitel
Unified Communicator® (UC) Express, as well as softphones with SIP
lineside support
-- Easy-to-use embedded mobility
-- Dynamic Extension Express, Unified Communicator Advanced and Unified
Communicator Express with Microsoft® integration, and support for
IP DECT wireless solutions
-- Simplified deployment administration
-- Supports up to 99 networked sites with feature transparency
-- Customized time settings and call configurations based on location
-- Business continuity
-- Allows scheduling backup of both system and voicemail data to
separate media store


- In addition to the Mitel 5000, Mark Barnes & Associates has deployed 14 Mitel 5340 IP Phones. The 5340 IP Phone is a next-generation desktop device with a large graphical display, one-touch access to features, web applications and with extensive customizability.

- Key features include the ability to skip easily between directories for the company's offices and other directories, a visual display that provides location and availability presence about co-workers and efficient dialing and routing of domestic and international numbers.

- The deployment of Mitel's solution, combined with unparalleled support, means that Mark Barnes & Associates can focus on servicing its clients rather than day-to-day IT challenges.

Quotes:

"Mitel's expansive portfolio of SMB solutions makes it easy to meet the specific needs of a law firm like Mark Barnes & Associates. The issues of disparate locations and mobility are on the rise globally, and Mark Barnes & Associates now has the ability to operate seamlessly across geographies and handle client needs anytime, anywhere. It's very rewarding to see the real-world result of Mitel's innovation."

- Rick Dell, President, US, Mitel

"With Mitel, what we have is basically a virtual private network linking all our sites as if they were actually in the same physical location. Not only can I direct dial a colleague in Germany just as if they were in Washington, I can conference them or any other colleague as if they were just two doors down in a central office. It's just a very natural, seamless way of communicating with people down the hallway or half way across the world, and the advantage is that people can more naturally conduct their workflow."

- Mark Barnes, Founder and Principal, Mark Barnes & Associates

About Mark Barnes & Associates

Mark Barnes & Associates advises clients on all matters relating to the firearms industry, including global commerce issues and U.N. policy. The firm represents trade associations, individual Federal Firearms Licensees, manufacturers, importers and exporters in a wide variety of regulatory and legislative matters before the executive, judicial, and legislative branches of the government. In addition, the firm represents clients in international trade, business, and global firearms matters, as well as product liability and other consumer product matters relating to the firearms trade.

About Mitel

Mitel Networks (NASDAQ: MITL) is a global provider of business communications solutions and services, consisting of unified communications and collaboration software applications, IP telephony platforms, mobility applications and managed and network services. Mitel enables businesses of all sizes to move beyond basic fixed telephony tools toward integrated multi-media collaboration solutions, accessible from anywhere, helping to improve performance, gain competitive advantage, and reduce costs. Mitel's global headquarters are in Ottawa, Canada, US headquarters are in Chandler, Arizona and EMEA headquarters are in Caldicot, UK, with offices, partners, and resellers worldwide.

Mitel and the Mitel logo are registered trademarks of Mitel Networks Corporation.

All other trademarks are the property of their respective owners.

MITL-C

Contacts:

Danielle McNeil (media)

613-592-2122 x4643

danielle_mcneil@mitel.com

Twitter: @Danielle_McNeil



Megan Lane (media)

617-779-1854

mlane@shiftcomm.com

Twitter: @BostonPRPro



Kevin Johnson (analysts)

613-592-2122 x6690

kevin_johnson@mitel.com

Twitter: @Kevin_Johnson



Cynthia Hiponia (investor relations)

613-592-2122 x1992

investorrelations@mitel.com


👍️0
BSWB BSWB 14 years ago
National Unified Procurement Company Selects Mitel Virtual Solutions
Date : 06/09/2010 @ 8:43AM
Source : MarketWire
Stock : Mitel Networks Corporation (MITL)
Quote : 9.8095 0.1595 (1.65%) @ 10:41AM


National Unified Procurement Company Selects Mitel Virtual Solutions

OTTAWA, ONTARIO -- (Marketwire)
06/09/10
Mitel® (NASDAQ: MITL), a trusted provider of unified communications software solutions, announced today that the National Unified Procurement Company (NUPCO), a healthcare supply chain company in Saudi Arabia, has selected Mitel Virtual Solutions designed to reduce costs, enhance its business continuity strategy, improve employee productivity, and increase flexibility by providing a singular network to run both voice and data.

Based in Riyadh, Saudi Arabia, NUPCO was established by the Saudi Arabian government in 2007 and is the exclusive supplier of medical procurement and logistics for more than 4,000 public hospitals and health care units.

In selecting the Virtual Mitel Communications Director (Virtual MCD) as the backbone of its system, NUPCO gains a flexible system that is scalable and intuitive for its growing workforce. In the first phase of deployment, NUPCO has rolled out Virtual MCD at its head office, providing the ability to network individual offices and remote locations seamlessly.

The rollout of Virtual MCD coincides with NUPCO's implementation of a complete virtualization strategy, with a goal of complete data center virtualization using VMware®. By deploying Virtual MCD, which leverages VMware vSphere? 4, NUPCO can consolidate voice and data applications onto a single server, cutting server hardware costs and maintenance time for IT staff, and reducing operational costs.

"The decision to move to a virtualized environment for our voice and data needs was an easy one," said Ibrahim Al Omar, IT operations and networks manager, NUPCO. "Our head office is supported by Virtual MCD and we will be implementing Mitel solutions at all our 19 warehouses and remote locations. This will increase our return on investment in good time. Our aim in phase two is to virtualize all applications by merging our data centre with voice real time apps, hence the selection of Virtual MCD software. This will help us achieve our goal of a centrally managed voice and data network."

NUPCO has also selected the Mitel Applications Suite (MAS), which provides a rich set of advanced software applications including Mitel Audio and Web Conferencing (AWC), Mitel Business Dashboard, and the Mitel Teleworker Solution on a single server. MAS provides a single point of access to administer applications and optionally manage all users on Virtual MCD. With MAS, NUPCO is able to add applications as needed, providing seamless integration across all communication.

With the addition of MAS to its communications roster, NUPCO is planning a rollout of Mitel Unified Communicator® (UC) Mobile, to enable employees to link an office extension with any other telephone, mobile, or landline, meaning all employees can stay connected via just one number.

NUPCO will be setting up a contact center for inbound calls. With Mitel Customer Service Manager, NUPCO contact center employees can implement an intelligent queuing system designed to effectively route all calls. While Unified Communicator® (UC) Advanced, Mitel's unified communications application, will provide agents with screen pop-ups displaying customer information that enables for a more personalized experience.

"With the selection of Virtual MCD and MAS, NUPCO is moving toward the seamless environment it hopes to store its data and voice in," said Hisham El-Amili, sales director, Middle East, Mitel. "NUPCO can now improve the management of information between its customers, partners and suppliers, giving it the competitive advantage needed to save time, enhance productivity and allocate IT resources effectively. As NUPCO continues to grow, Mitel's flexible offerings will provide a seamless experience for every employee, so that NUPCO can service its customers at the highest level."

About Mitel

Mitel Networks (NASDAQ: MITL) is a global provider of business communications solutions and services, consisting of unified communications and collaboration software applications, IP telephony platforms, mobility applications and managed and network services. Mitel enables businesses of all sizes to move beyond basic fixed telephony tools toward integrated multi-media collaboration solutions, accessible from anywhere, helping to improve performance, gain competitive advantage, and reduce costs. Mitel's global headquarters are in Ottawa, Canada, US headquarters are in Chandler, Arizona and EMEA headquarters are in Caldicot, UK, with offices, partners, and resellers worldwide.

Mitel and the Mitel logo are registered trademarks of Mitel Networks Corporation.

All other trademarks are the property of their respective owners.

MITL-C


Contacts:

Danielle McNeil, 613-592-2122 x.4643

danielle_mcneil@mitel.com (media)

Megan Lane, 617-779-1854

mlane@shiftcomm.com (media)

Kevin Johnson 613-592-2122 x.6690

kevin_johnson@mitel.com (industry analyst)

Cynthia Hiponia, 613-592-2122 x1992

investorrelations@mitel.com (investor relations)




👍️0
BSWB BSWB 14 years ago
Mitel Becomes Official Partner of TV Festival de Cannes
Date : 05/19/2010 @ 8:55AM
Source : MarketWire
Stock : Mitel Networks Corporation (MITL)
Quote : 11.8 0.15 (1.29%) @ 9:46AM


Mitel Becomes Official Partner of TV Festival de Cannes

PARIS, FRANCE -- (Marketwire)
05/19/10
Mitel® (NASDAQ: MITL), a trusted provider of unified communications software solutions, today announced it is an official partner of TV Festival de Cannes taking place May 12 - 23, 2010. Mitel will be providing a unified communications solution for the TV station's team, the festival's press room, and the palace's VIP room.

Stations will be installed on location to provide communications access during the festival period. The flexibility of the Mitel IP phones equipped with the Mitel Wireless LAN Stands allow them to be connected through a wireless interface minimizing the requirement for fixed network wiring which significantly reduces the logistical burden of installation and makes it an ideal solution for such short-term events.

"We are delighted to be accompanying TV Festival for this new edition of the Cannes Film Festival. Participating in such an event requires very high standards: the solutions employed needs to be of exceptional quality and reliability and they need to be easy to install and use. Our offer meets these criteria," said Lionel Hovsepian, European sales director, Mitel.

TV Festival, the official international Cannes Film Festival TV Channel, will be broadcasting live and in exclusivity the highest moments of the event: Best of Opening and Closing Ceremonies, press conferences, photo calls, interviews and Red Carpets with all the selected official film casts as well as numerous short reports outlining the different facets of the Festival, "Un Certain Regard" selection, the backstage organization and evening events.

About Mitel

Mitel Networks offers a comprehensive portfolio of IP-based communications solutions, which consists of IP telephony platforms, unified communications and collaboration applications and managed and network services. By integrating voice, video and data communications with business applications, Mitel enables businesses to improve their performance. Mitel is a leader in the market evolution to unified communications and collaboration, enabling customers to move beyond basic fixed telephony and disparate communications tools toward integrated multi-media communications and collaboration between users, wherever they may be located. Mitel's U.S. headquarters are in Phoenix, Arizona. Global headquarters are in Ottawa, Canada, with offices, partners, and resellers worldwide.

Forward-Looking Statements

Some of the statements in this press release are forward-looking statements within the meaning of applicable U.S. and Canadian securities laws that reflect Mitel's current views with respect to future events and its financial results, performance, financial position or achievements. Statements that include the words "may," "will," "should," "could," "estimate," "continue," "expect," "intend," "plan," "predict," "potential," "believe," "project," "anticipate" and similar statements of a forward-looking nature, or the negatives of those statements, identify forward-looking statements. In particular, this press release may contain forward looking statements pertaining to, among other matters : general global economic conditions ; Mitel's business strategy ; Mitel's plans and objectives for future operations ; Mitel's industry ; Mitel's future economic performance, profitability and financial condition ; the costs of operating as a public company ; and Mitel's research and development expenditures. These forward-looking statements reflect Mitel's current views with respect to future events and are based on assumptions and subject to risks and uncertainties. In making these statements we have made assumptions regarding, among other things : no unforeseen changes occurring in the competitive landscape that would affect our industry ; a stable or recovering economic environment ; no significant event occurring outside the ordinary course of our business ; and stable foreign exchange and interest rates. In making these statements we have made assumptions regarding, among other things : no unforeseen changes occurring in the competitive landscape that would affect our industry ; a stable or recovering economic environment ; no significant event occurring outside the ordinary course of our business ; and stable foreign exchange and interest rates. Actual events or Mitel's results, performance, financial position or achievements could differ materially from those contemplated, expressed or implied by such forward-looking statements as a result of various risks and uncertainties, including the risks factors described under the heading "Risk Factors" in Mitel's prospectus, dated April 21, 2010, which has been filed with the U.S. Securities and Exchange Commission and Canadian securities authorities. Except as required by law, Mitel is under no obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise.

About TV Festival de Cannes

TV Festival is the official Cannes Film Festival TV Channel and will be broadcasting live and in exclusivity the highest moments of the event from May the 12th through May the 23rd 2010. This year, the program schedule will feature two main daily editions in the spirit of news-desks, presented live by two presenters from 10.30 am to 2.00 pm and 6.30pm to 10h30 pm. In order to enable all the viewers to follow the event in their own local time, all programs are presented live and are rerun live during the day. Distributed in France and abroad - in total or by footage - TV Festival works today with broadcasters (TV, Web and mobile), and producers from countries that don't want to miss this golden international cinema event. For more information: www.tvfestival.tv/en

Mitel and logo are registered trademarks of Mitel Networks Corporation.

All other trademarks are the property of their respective owners.

MITL-C


Contacts:

Media:

Megan Lane

617-779-1854

mlane@shiftcomm.com

Investor relations:

Cynthia Hiponia

613-592-2122 x1992

investorrelations@mitel.com

Virginie Puchaux

+ 33 1 43 12 55 48

virginie.puchaux@hotwirepr.com

Betty Berthol

+ 33 1 43 12 55 59

betty.berthol@hotwirepr.com




👍️0
BSWB BSWB 14 years ago
Summit Automotive Standardizes on Mitel for Seamless Communication Across Growing Dealership Empire
Date : 05/12/2010 @ 9:00AM
Source : MarketWire
Stock : Mitel Networks Corporation (MITL)
Quote : 11.73 0.04 (0.34%) @ 11:42AM


Summit Automotive Standardizes on Mitel for Seamless Communication Across Growing Dealership Empire

PHOENIX, ARIZONA -- (Marketwire)
05/12/10
Mitel (NASDAQ: MITL)

Editors note: A photo and a video are included with this press release on Marketwire's website.

News Facts:

-- Mitel® (NASDAQ: MITL), a trusted provider of unified communications

software solutions, today announced that Summit Automotive has

standardized its voice architecture with Mitel in order to meet the

speed, deployment, and scale needs of its rapidly expanding family of

automotive dealerships.

-- Summit Automotive Partners, a member of the Booth Creek Management, LLC

portfolio, selected Mitel as its communications provider. This decision

is based on Mitel's robust and flexible architecture and seamless

integration of voice and data in a virtualized environment.

-- Summit has already begun deployment of the Mitel Communications Director

(MCD), Mitel Unified IP Client for Sun Ray?, and Mitel Applications

Suite (MAS), in concert, across its entire existing dealership group.

-- Mitel's ease of deployment and flexibility is consistent with Summit's

growth strategy. That strategy necessitates Summit to meet standard

vehicle manufacturer requirements on retooling within a 72-hour window

when there is an ownership change.

-- The flexible deployment architecture of MCD allows Summit to loosely

couple locations into a highly adaptable and resilient network, and

decouple if they choose to divest a location.

-- The nature of Summit's distributed dealership network and decoupling

requirements drove a company-wide thin client strategy. Mitel Unified IP

Client for Sun Ray provides simplified and secure authentication for

both voice and data, allowing unified hotdesking for enhanced workforce

flexibility. It also enables Summit to drop thin clients into place and

configure credential information in the back office which simplifies

desktop management while reducing costs.

-- Enhancing Summit's thin client strategy is Mitel's pedigree in

virtualized voice. In the future, it will allow Summit to seamlessly

leverage existing VMware® investments with both the Mitel voice and

Sun Ray environments. These environments will be virtualized to

complement Summit's IT efforts on best practices.

-- The enterprise grade, flexible and high performance Mitel technology is

matched by its Mitel TotalSolutions Program (TSP), which helps Summit

effectively plan for expenditures on an operating expense basis. This

enables Summit to streamline investments and increase project cost

accuracy to a low single digit percentage point. This is essential in

the strategy through which Summit grows its business.

Quotes:

"Summit Automotive is a great example of the type of organization that thrives with Mitel. These companies are dynamic and growing, and flourish when supported by Mitel's flexibility and advanced architecture through offerings such as virtualized voice that bring performance enhancements that drive bottom line results."

- Rick Dell, President, US, Mitel

"We selected a Mitel Unified Communications Solution because when as we looked at the IP telephony space we found there were few players that could provide us the growth and scalability that is required in retail automotive."

- Chad Griewahn, CTO, Booth Creek IT, LLC, parent company for Summit Automotive

About Summit Automotive Partners

Summit Automotive Partners is an integrated group of successful dealerships committed to building lasting relationships with customers, employees, manufacturers and local communities. Summit's broad resources and technology capabilities, combined with the expertise of dealership partners, allow them to create an unmatched sales experience. Summit continues to fuel its growth through customer and employee empowerment, acquiring or partnering with outstanding dealership groups and by bringing a hallmark collaborative approach to every facet of operations.

About Mitel

Mitel Networks offers a comprehensive portfolio of IP-based communications solutions, which consists of IP telephony platforms, unified communications and collaboration applications and managed and network services. By integrating voice, video and data communications with business applications, Mitel enables businesses to improve their performance. Mitel is a leader in the market evolution to unified communications and collaboration, enabling customers to move beyond basic fixed telephony and disparate communications tools toward integrated multi-media communications and collaboration between users, wherever they may be located. Mitel's U.S. headquarters are in Phoenix, Arizona. Global headquarters are in Ottawa, Canada, with offices, partners, and resellers worldwide.

Forward-Looking Statements

Some of the statements in this press release are forward-looking statements within the meaning of applicable U.S. and Canadian securities laws that reflect Mitel's current views with respect to future events and its financial results, performance, financial position or achievements. Statements that include the words "may," "will," "should," "could," "estimate," "continue," "expect," "intend," "plan," "predict," "potential," "believe," "project," "anticipate" and similar statements of a forward-looking nature, or the negatives of those statements, identify forward-looking statements. In particular, this press release may contain forward looking statements pertaining to, among other matters: general global economic conditions; Mitel's business strategy; Mitel's plans and objectives for future operations; Mitel's industry; Mitel's future economic performance, profitability and financial condition; the costs of operating as a public company; and Mitel's research and development expenditures. These forward-looking statements reflect Mitel's current views with respect to future events and are based on assumptions and subject to risks and uncertainties. In making these statements we have made assumptions regarding, among other things: no unforeseen changes occurring in the competitive landscape that would affect our industry; a stable or recovering economic environment; no significant event occurring outside the ordinary course of our business; and stable foreign exchange and interest rates. In making these statements we have made assumptions regarding, among other things: no unforeseen changes occurring in the competitive landscape that would affect our industry; a stable or recovering economic environment; no significant event occurring outside the ordinary course of our business; and stable foreign exchange and interest rates. Actual events or Mitel's results, performance, financial position or achievements could differ materially from those contemplated, expressed or implied by such forward-looking statements as a result of various risks and uncertainties, including the risks factors described under the heading "Risk Factors" in Mitel's prospectus, dated April 21, 2010, which has been filed with the U.S. Securities and Exchange Commission and Canadian securities authorities. Except as required by law, Mitel is under no obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise.

Mitel and logo are registered trademarks of Mitel Networks Corporation.

All other trademarks are the property of their respective owners.

MITL-C

Editors Note: To view the photos associated with this press release, please visit the following link:

www.marketwire.com/library/20100511-Ray800.jpg

To view the video associated with this press release , please visit the following link:

www.youtube.com/watch?v=u43IMui0ocs

Contacts:

Mitel Networks Corporation

Danielle McNeil (media)

613-592-2122 x4643

danielle_mcneil@mitel.com

Twitter: @Danielle_McNeil

Mitel Networks Corporation

Megan Lane (media)

617-779-1854

mlane@shiftcomm.com

Twitter: @BostonPRPro

Mitel Networks Corporation

Kevin Johnson (industry analysts)

613-592-2122 x6690

kevin_johnson@mitel.com

Twitter: @Kevin_Johnson

Mitel Networks Corporation

Cynthia Hiponia (investor relations)

613-592-2122 x1992

investorrelations@mitel.com
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BSWB BSWB 14 years ago
Mitel Joins BlackBerry(R) Alliance Program and Announces Plans to Deliver Mitel Mobility for BlackBerry Mobile Voice System 5
Date : 04/27/2010 @ 8:02AM
Source : MarketWire
Stock : Mitel Networks Corporation (MITL)
Quote : 12.1 0.0 (0.00%) @ 7:55AM


Mitel Joins BlackBerry(R) Alliance Program and Announces Plans to Deliver Mitel Mobility for BlackBerry Mobile Voice System 5

ORLANDO, FLORIDA -- (Marketwire)
04/27/10
WSE 2010 - Mitel® (NASDAQ: MITL), a trusted provider of unified communications software solutions, today announced that it has joined the BlackBerry® Alliance Program as an Elite Member and announced plans to add BlackBerry® Mobile Voice System 5 (BlackBerry® MVS 5) to its feature-rich unified communications solutions. The combined solution will enable fixed and mobile voice communications, and help to increase corporate efficiencies and promote employee responsiveness and productivity while reaping mobility benefits.

Mitel will preview Mitel Mobility for BlackBerry MVS 5 with voice over Wi-Fi calling to attendees at WES 2010 this week, highlighting its plans to extend access to Mitel's business communications applications on BlackBerry® smartphones. The planned solution will combine the advanced telephony features of Mitel Communications Director (MCD) with the mobility features of BlackBerry MVS 5 across corporate networks. Additionally, Mitel's Dynamic Extension solution allows for the seamless call hand off between devices meaning employees can answer a customer call at their desk, continue it on their BlackBerry smartphone, and complete the call on a home phone line.

"Mobilizing voice systems is a priority for enterprises as they continue to look for new ways to empower their workforce," said Jeff McDowell, senior vice president enterprise marketing and alliances, Research In Motion. "We're pleased to be working with Mitel through their membership in the BlackBerry Alliance program as they evolve their solution for BlackBerry smartphones to offer even greater benefits to organizations."

"As companies look to extend their enterprise mobility to users, voice and voice feature integration is a natural progression and another area that can provide sizable cost-savings. Vendor solutions like Mitel Mobility Solutions with the BlackBerry Mobile Voice System allow organizations to extend their in-office capabilities anywhere, anytime and from mobile devices. This will be crucial to increasing productivity and responding to customers in every business," said Mike Sapien, Ovum, global research & advisory firm.

Mitel currently offers feature-rich unified communications applications for BlackBerry smartphones to provide the same user experience as on a Mitel desk phone, including the ability to:

-- Access unified communications and collaboration information, including

corporate contacts and voicemails, using Mitel Unified Communicator®

(UC) Advanced Mobile Portal.

-- Automatically update Mitel's Dynamic Status using Mitel UC Advanced

Dynamic Location, a recently announced BlackBerry smartphone application

which uses GPS and other location-based services from the BlackBerry

smartphone.

These Mitel solutions not only simplify the user's call experience, it also enables IT managers to consolidate and simplify datacenter management combining Mitel's voice virtualization strategy and other business applications into a single virtual environment, eliminating the gap between IT and voice organizations.

"We continuously hear from customers about the importance of mobility in their companies. BlackBerry smartphones continue to lead in messaging and with Mitel's pedigree in voice applications, we are offering our customers best-of-breed solutions to suit their business communications and mobility needs," said Paul Butcher, president and COO at Mitel. "Mitel is in a unique position to deliver integrated software-based solutions in a flexible manner to new and existing customers."

About Mitel

Mitel Networks offers a comprehensive portfolio of IP-based communications solutions, which consists of IP telephony platforms, unified communications and collaboration applications and managed and network services. By integrating voice, video and data communications with business applications, Mitel enables businesses to improve their performance. Mitel is a leader in the market evolution to unified communications and collaboration, enabling customers to move beyond basic fixed telephony and disparate communications tools toward integrated multi-media communications and collaboration between users, wherever they may be located. Mitel's U.S. headquarters are in Phoenix, Arizona. Global headquarters are in Ottawa, Canada, with offices, partners, and resellers worldwide.

MITL-C

Mitel and logo are registered trademarks of Mitel Networks Corporation. All other trademarks are the property of their respective owners.

The BlackBerry and RIM families of related marks, images and symbols are the exclusive properties and trademarks of Research In Motion Limited. RIM assumes no obligations or liability and makes no representation, warranty, endorsement or guarantee in relation to any aspect of any third party products or services.


Contacts:

Mitel Networks Corporation

Danielle McNeil (media)

613-592-2122 x4643

danielle_mcneil@mitel.com

Mitel Networks Corporation

Megan Lane (media)

617-779-1854

mlane@shiftcomm.com

Mitel Networks Corporation

Kevin Johnson (industry analysts)

613-592-2122 x.6690

kevin_johnson@mitel.com

Mitel Networks Corporation

Cynthia Hiponia (financial analysts)

613-592-2122 x1992

investorrelations@mitel.com




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BSWB BSWB 14 years ago
Mitel Networks shares sag after IPO priced low
Canadian communications co. Mitel Networks shares slipping after IPO priced below expectations


On Thursday April 22, 2010, 12:24 pm EDT
NEW YORK (AP) -- Shares of Canadian communications company Mitel Networks are sagging after the IPO priced far below expectations, raising $147.4 million.

Mitel Networks, based in Ottawa, Ontario, sold shares for $14 apiece and opened even lower, at $12.75. They had been expected to price shares at $18 to $20 each, raising about $200 million at the midpoint.

Mitel has posted an annual profit only once since it was incorporated in 2001, and it had warned investors that several of its competitors had better-established brands, broader customer bases and greater resources.

The shares, trading under the symbol "MITL," shed $1.30, or 9.3 percent, to $12.70.
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BSWB BSWB 14 years ago
Mitel Announces Pricing of Initial Public Offering of Common Shares



OTTAWA, April 22, 2010
GLOBE NEWSWIRE

Mitel Networks (Nasdaq:MITL), a leading provider of IP-based communications solutions, today announced the pricing of its initial public offering of 10,526,316 common shares at a price to the public of US$14.00 per share.




All of the shares to be sold in the offering are to be sold by Mitel. Mitel common shares are expected to begin trading on April 22, 2010 on The NASDAQ Global Market under the symbol "MITL". The underwriters have a 30-day option to purchase up to an additional 1,578,947 common shares at the public offering price from certain selling shareholders to cover overallotments, if any. Mitel will not receive any proceeds from the sale of such shares, if any, by selling shareholders.




The offering was made through an underwriting syndicate led by BofA Merrill Lynch, J.P. Morgan, and UBS Investment Bank, who acted as joint book-running managers. Piper Jaffray, Genuity Capital Markets, and JMP Securities acted as co-managers for the offering.




A copy of the final prospectus relating to the offering may be obtained by contacting BofA Merrill Lynch, Attn: Prospectus Department, 4 World Financial Center, New York, NY 10080, email: Prospectus.Requests@ml.com; J.P. Morgan, c/o Broadridge Financial Solutions, 1155 Long Island Ave., Edgewood, NY 11717, Telephone: (631) 254-1735; or UBS Investment Bank, Attn: Prospectus Dept., 299 Park Avenue, New York, NY 10171, Telephone: (888) 827-7275.




The Canadian offering is only made by prospectus. The prospectus contains important detailed information about the securities being offered. Copies of the Canadian prospectus may be obtained from Merrill Lynch Canada Inc., c/o BofA Merrill Lynch, Attn: Prospectus Department, 4 World Financial Center, New York, NY 10080, email: Prospectus.Requests@ml.com; J.P. Morgan Securities Canada Inc., c/o Broadridge Financial Solutions, 1155 Long Island Ave., Edgewood, NY 11717, Telephone: (631) 254-1735; or UBS Securities Canada Inc., c/o UBS Investment Bank, Attn: Prospectus Dept., 299 Park Avenue, New York, NY 10171, Telephone: (888) 827-7275. Investors should read the prospectus before making an investment decision.




This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state, province or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state, province or jurisdiction.




About Mitel







Mitel Networks offers a comprehensive portfolio of IP-based communications solutions, which consists of IP telephony platforms, unified communications and collaboration applications and managed and network services. By integrating voice, video and data communications with business applications, Mitel enables businesses to improve their performance. Mitel is a leader in the market evolution to unified communications and collaboration, enabling customers to move beyond basic fixed telephony and disparate communications tools toward integrated multi-media communications and collaboration between users, wherever they may be located. Mitel's U.S. headquarters are in Phoenix, Arizona. Global headquarters are in Ottawa, Canada, with offices, partners, and resellers worldwide.




The Mitel Networks Corporation logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=7323




Mitel and logo are registered trademarks of Mitel Networks Corporation.




All other trademarks are the property of their respective owners.



CONTACT: Mitel Networks Media: Danielle McNeil (613) 592-2122 x4643 danielle_mcneil@mitel.com Industry analyst: Kevin Johnson (613) 592-2122 x.6690 kevin_johnson@mitel.com Investor relations: Cynthia Hiponia (613) 592-2122 x1992 investorrelations@mitel.com

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