Ericsson to divest its enterprise PBX solutions to Aastra Technologies


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| Ericsson discloses the information provided herein pursuant to    |
| the Securities Markets Act and/or the Financial Instruments       |
| Trading Act. The information was submitted for publication at     |
| 08.30am CET on February 18, 2008.                                 |
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Ericsson to divest its enterprise PBX solutions to Aastra
Technologies

Ericsson (NASDAQ:ERIC) has  entered into an  agreement to divest  its
enterprise PBX solutions business  to Aastra Technologies  (TSX:AAH).
The agreement  involves transfer  of approximately  630 employees  of
which some 360 are  based in Sweden. The  transaction is expected  to
close in April 2008.  From now on, Ericsson  will focus on  providing
its broad portfolio of enterprise applications directly to  operators
and service providers.

Ericsson's enterprise PBX solutions business is a leading provider of
IP PBX, converged PBX systems and branch office solutions. The
product portfolio includes communications solutions for enterprises
of all sizes, mobility solutions, telephone terminals and services.
Sales in 2007 amounted to approximately SEK 3 billion. The purchase
price is SEK 650 million excluding net of assets and liabilities. A
capital gain of approximately SEK 200 million is expected.

Ericsson has a strategic focus on telecommunication operators and
service providers, hence considers its enterprise PBX solutions
business to be outside its core focus. In addition, the enterprise
communications industry is becoming increasingly global and is
clearly gravitating toward consolidation. Therefore, Ericsson
believes that the enterprise PBX solutions will add significant
competence and value to Aastra Technologies, adding leading products
and a significant customer base for PBX solutions. This will also be
a positive step for Ericsson's enterprise customers, partners and
employees, combining Ericsson's and Aastra Technologies' leading
product portfolios.

Executing on the strategy for the multimedia business, Ericsson will
focus on providing its broad portfolio of enterprise applications
directly to operators and service providers. Strategic products from
the acquisition of Netwise will also remain within Ericsson.

The agreement is subject to approvals from relevant competition
authorities.
SEB Enskilda acts as sole financial advisor to Ericsson in the
transaction.

Ericsson is the world's leading provider of technology and services
to telecom operators. The market leader in 2G and 3G mobile
technologies, Ericsson supplies communications services and manages
networks that serve more than 185 million subscribers. The company's
portfolio comprises mobile and fixed network infrastructure, and
broadband and multimedia solutions for operators, enterprises and
developers. The Sony Ericsson joint venture provides consumers with
feature-rich personal mobile devices.

Ericsson is advancing its vision of 'communication for all' through
innovation, technology, and sustainable business solutions. Working
in 175 countries, more than 70,000 employees generated revenue of
USD 27.9 billion (SEK 189 billion) in 2007. Founded in 1876 and
headquartered in Stockholm, Sweden, Ericsson is listed on the
Stockholm, London and NASDAQ stock exchanges.

For more information, visit www.ericsson.com or www.ericsson.mobi.


FOR FURTHER INFORMATION, PLEASE CONTACT

Media
Ericsson Media Relations
Phone: +46 8 719 69 92
E-mail: press.relations@ericsson.com


Investors
Ericsson Investor Relations
Phone: +46 8 719 00 00
E-mail: investor.relations@ericsson.com


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

For further information contact:
Allan Brett, CFO
Phone: +1 905 760 4160
E-mail: investors@aastra.com

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