Aastra Wins Order for a U.S. Telephone Company Promotional Program
[I noticed that this release was issued through Canada News Wire and did not appear with the other releases done through CCN so I'm including to complete the record].
TORONTO, Dec. 9 /CNW/ - Aastra Technologies Limited (ASE: AAH) is pleased to announce that it has won an order to provide one of its Caller ID devices to a major telephone company in the United States. The order, valued at US$3,400,000 or Cdn$5.2 million, will be used in a promotional program running for the first quarter of 1999. During this program, the telephone company will be giving away Aastra's Caller ID device to new subscribers of its Caller ID service.
''This order represents the emergence of Aastra into the main stream promotional programs offered by the U.S. telephone companies'' said Tony Shen, Aastra's President and COO. ''As a result of our significant investment in developing this market, it is clear that the U.S. telephone companies now recognize Aastra as a key supplier for their promotional programs.''
Aastra Technologies Limited develops, manufactures and distributes
telecommunications equipment. Aastra offers a full line of products ranging from Caller ID adjuncts to full-featured communications systems. Aastra sells to the majority of the telecommunications companies in North America. In the retail market, Aastra has the exclusive license to use the ''BELL(R) Equipment - SONECOR'' trademark for telephone sets and its products are distributed to the majority of mass retailers in North America. The Alberta Stock Exchange has neither approved nor disapproved of the information contained herein.
For further information: Mr. Allan Brett, V-P, Finance & CFO, Aastra
Technologies Limited, (416) 736-7070, ext. 360, abrett@aastra.com |
