Corporate presentation Portfolio overview March 2007 January 2007

Corporate presentation Portfolio overview March 2007 January 2007 Aastra

Agenda » Corporate presentation » Product offering & vision January 2007 Aastra 2

Aastra Technologies Limited » International Enterprise Communications Company » Headquarters in Toronto, Ontario, Canada » Toronto Stock Exchange (TSX: “AAH”) » On S&P / TSX-Index January 2007 Aastra 3

Corporate History 1983 » Engineering consulting – Aerospace & Defense Market 1992 » Entered Telecom equipment Market – Consumer products 1996 » Listing as a Public Company in Canada 1996 -1999 » Organic Growth (from 3 Mio. € to 60 Mio. €) 2000 -2005 » Growth through Acquisitions January 2007 Aastra 4

Aastra Acquisitions January 2000 Assets of Nortel Networks Access Solutions May 2001 Nortel Centrex and ISDN Terminals September 2001 Lucent Digital Video Division December 2001 Ericsson Cable Modem May 2002 Nortel CVX & CSG Division September 2003 Ascom PBX System Division March 2005 EADS Telecom PBX System Division August 2005 De. Te. We January 2007 Aastra 5

Aastra A strong growth in Telecom Market • Strong Balance Sheet Revenues CDN $ Millions Gross Margin – Positive Cash balance – Zero Debt • Strong Cash Flow from Operations • Q 4 2006 was the 35 th consecutive positive quarter January 2007 Aastra 6

Aastra Multi-cultural teams in strong increase North America 22 % Others 1% Europe 77% January 2007 Aastra 7

Aastra Key figures Revenues per region Ro. W 2% Revenues per segment Enterprise North America 20 % North America 22 % Enterprise Europe 74% Europe 76 % January 2007 Network Access 6% Aastra 8

Aastra global presence IP telephony sales » Sales force around 500 people – Indirect sales : VAR, VAD, carriers – Direct sales (in some countries) » Strong presence in Western Europe 20 countries – More than 1000 IP PBX resellers » Strong presence in carriers : – France Telecom, Deutsche Telekom, Swisscom, Belgacom – Verizon, Bell Canada, Telefonica, – Telecom Italia, Portugal Telecom… » Leader in North America for large telephony networks & contact center January 2007 Aastra 9

Aastra R&D Centers of Excellence North America Calgary (Vo. IP terminals) Europe Toronto ( Terminals) St. Quentin en Yvelines (IP PBX) Brussels Hannover (Applications) Berlin (PBX & wireless) Dallas (Large call centers) January 2007 Boston (Vo. IP gateways) Douarnenez (IP PBX) Aastra Solothurn (IP PBX and terminals) 10

Aastra product portfolio » Professional IP terminals » IP Network access gateways » Wireless solutions » IP PBX and IP Telephony solutions January 2007 Aastra » Large mission-critical contact centers 11

Aastra product offering Different offering for different markets DIVERSIFICATION OPPORTUNITIES IP Centrex SIP terminals January 2007 CORE BUSINESS Open Source IP Telephony Hosted Telephony Aastra IP Telephony IP PBX - Servers 12

Aastra global organization Chairman & Co CEO Francis SHEN Legal HR Co CEO Sales & Marketing Anthony SHEN Finance 13 European Product Provisioning Group Country Sales Unit PLM Sales support North America Sales R&D Ro. W Sales Supply Chain OEM Sales January 2007 Aastra 13

Aastra market positioning » Aastra is a global player in Europe – # 3 in Europe – #1 in Europe on the segment <100 extensions January 2007 Aastra 14

Aastra main customers January 2007 Aastra 15

Market trends Our vision » Enterprise Telephony market slighlty growing but strong increase of IP Telephony sales » Innovation is coming more and more from consumer markets » Migration towards IP Telephony in 2 setps – 1. Migration of trunks towards Vo. IP – 2. Migration of terminals (25 % of extension lines in 2007 -2008) » A major shift in Enterprise telephony markets and offered solutions – – – » New architectures and solutions thanks to convergence – Unified applications – Converged mobility January 2007 » SIP : the de facto standard of IP Telephony Aastra IP PBX Server-based IP Telephony Hosted Solutions IP Centrex Open source 16

Market trends Our vision » Large systems market will be more dynamic in 2006 -2007 – Installed renewal : Year 2000, technology change to IP Telephony – IP Telephony is now mature : decisions are no more delayed – Managed services demand is increasing » IP Telephony opens new distribution opportunities – New resellers – New carriers January 2007 Aastra 17

AASTRA competencies » Mastering KEY competencies » Mastering GLOBAL telecommunications systems – IP networks Platforms adapted to market segments – Technical expertise – Integrators partnership – IP terminals SIP standard – Professional services policy – Converged mobility – e-Applications : Web Services Acces to the main markets in Europe and North America January 2007 Aastra 18

Aastrategy » To be a global player in the Enterprise Communication market » In Europe : – Develop leadership position and increase presence in Large accounts – Represent the complete Aastra portfolio – Development of added value solutions § Unified applications § IP Telephony § Converged mobility – Accompany our clients towards IP telephony January 2007 Aastra 19

Agenda » Corporate presentation » Product offering & vision January 2007 Aastra 20

OPEN IP Telephony solutions for all needs Customer needs Aastra solutions Cost reduction OPEN IP Telephony - SIP Simplicity - Reliability Unified applications Productivity gains Converged mobility January 2007 Aastra 21

IP Telephony real stake Being Open » New terminals, more open and universal » New architectures » More independant from hardware 4 000 users January 2007 Aastra 4 000 users 22

IP Telephony stake Benefits from being open : cost reduction » Investment breakdown » Cost reduction levers Terminals 25% Universal SIP terminals Softphones All communication on Vo. IP IP Telephony Infrastructure 25% From HW to Software Maintenance Services 50% January 2007 Simplicity of use and operation Aastra 23

IP Telephony stake Verticals applications : productivity gains » Improve the Customer Relationship » Integration to Corporate Information system » Presence management » Converged mobility January 2007 Aastra 24

IP Telephony stake Succeed in the IP evolution of the Telecom system » Guaranteed investments – 100% IP-Ready solutions – Evergreen Policy » A change eased by the respect of standard » Smooth migrations thanks to a 3 years software subscription program » Professional services to accompany the change January 2007 Aastra 25

Telephony platforms » Ascotel range » Ne. Xspan range » Opencom range January 2007 Aastra 26

IP terminals » Proprietary IP terminals » SIP terminals – Cyphering – Access to all native telephony features – Open IP & new services – Universal – Standard features completed by Web-services based CTI applications A wide IP sets range for all users January 2007 Aastra 27

Benefit from the power of IP networks » IP Architectures IP – Remote IP sets on Branch offices – Secure IP telephony servers » IP networking – Ressources centralization – Transparence of services – Least Cost On-net Routing IP » Access to Vo. IP operator trunks – H 323 & SIP trunks IP Important cost reductions thanks to Voice over IP January 2007 Aastra 28

A management offer ready for managed services » Voice / Data management – Viewer of SNMP Alarms – Native SNMP agent » Multi-sites network management » Park centralized management » Secure Web access January 2007 Aastra 29

Unified application Improve customer relationships » Modular contact center solutions – – Voice, Fax, E-mail Text To Speech IVR CTI coupling with vertical applications IP agents / multi-sites solutions » Unified applications : Optimized presence management – – January 2007 Contextual routing according to presence status Speech recognition Universal message access for road warriors Collaboration and sharing applicaitons Aastra 30

Unified applications Immediate productivity gains » A portal to access to ‘productive’ applications – Directories connectors and search engines – IP teleconferencing – Contact centers – Attendant console – Unified applications – Telephony services – Communication recording – Video sharing » A simple deployment (URL) » From 10 to 10 000 users Bring the benefits of IP Telephony to every user January 2007 Aastra 31

Unified applications IP Telephony gets your telephony system ‘smarter’ » Best in class services for all sets without changing your platform » Video Softphone – Analog sets – Existing digital sets – DECT sets – IP sets January 2007 » Supervision / Intercom » Intelligent forward management Aastra 32

Mobile IP Telephony DECT over IP » Maturity and performance of DECT combined with the flexibility of IP Branch office DECT over IP » Easy deployment on IP with 8 -channels base station DECT base station » A large range of terminals January 2007 Headquarter Aastra 33

Fixed-mobile convergence Wi. Fi / SIP Architecture PDA/Smartphone Wi. Fi terminal » Wi. Fi solutions based on SIP – Leverage on open Wi. Fi terminals § PDA § Smartphone Wi. Fi APs – Specific Wi. Fi Voice Terminals SIP Phone » Rely on standard Wi. Fi infrastructure Communication Server SIP Enabled » Integration of smartphone as business handset January 2007 Aastra 34

The Future Product portfolio evolution strategy » Open IP telephony on SIP » Migration of installed base with software subscription » 1. Server-based communication server for Large Enterprise » 2. Appliance-based communication server for SME » A new portfolio of unified applications » Synergies of technologies within the Aastra group IP IP » New generation of IP terminals (SIP , Proprietary , Mobiles) January 2007 Aastra 35

Key points of the Aastra offering » Open IP Telephony » The power of networking » Unified applications » Converged mobility » Accompany our clients towards IP telephony January 2007 Aastra 36

Conclusion » A new leader in enterprise communication » Build the new base of a future growth » Ambitious technological projects » A environment leading to success January 2007 Aastra 37

THANKS January 2007 Aastra 38