Mitel Helps Service Providers Streamline Cloud Communications and Lower TCO with MiCloud

New Features Expand on Mitel's 'Speed-to-Market' Advantages


OTTAWA, Feb. 12, 2015 (GLOBE NEWSWIRE) -- Mitel® (Nasdaq:MITL) (TSX:MNW) has added new features to its MiCloud portfolio aimed at helping service providers quickly deliver cloud communications to their customers. Additionally, the latest release of the MiCloud solution contains a number of enhancements to help service providers lower Total Cost of Ownership (TCO) even further.

This coincides with news from Synergy Research Group that Mitel is the global market share leader for cloud business communications based on subscribers and seats, with nearly 20 percent worldwide.

"Customer interest in our Mitel-powered cloud communications solution has been growing as customers seek flexible, affordable communications solutions that fit their unique business needs. MiCloud's new features further strengthen our offering increasing our scale up into large enterprises while adding even more mobility for our SMB customers," said Bertrand Laurioz, Telecom BU Director, Hub One.

A comprehensive cloud communications solution, MiCloud powers Mitel's own Cloud Services as well as providing the platform for a growing number of service providers. MiCloud enables service providers to customize solutions to reach their target audience, from small-to-medium size business up to large enterprises. New features enhance mobility, increase scalability for enterprise customers and further tighten integration with popular applications including Salesforce.com and Google Business Applications.

Lower TCO

With more features now included in Mitel's license bundles, MiCloud offers even more functionality at a lower cost. These include features aimed at supporting an increasingly mobile workforce. Additionally, Mitel has streamlined the provisioning, management and support of Mitel users to further lower the TCO.

Flexibility and Speed To Market

New features for MiCloud simplify provisioning of new services, helping service providers to quickly configure, upgrade or downgrade service bundles. Not only does this accelerate the onboarding of new customers, it also allows service providers to easily provision attractive new 'try and buy' promotional offerings.

To help service providers quickly deploy a new MiCloud solution, or to help optimize existing services, Mitel has introduced standardized and tested solution blueprints and an expanded suite of professional services.

"Mitel now offers what we believe is not only the most compelling cloud communications solution for service providers, but also the most price-competitive offering for their customers," said Jon Brinton, EVP and GM of Cloud Services, Mitel. "This lowers initial costs, and more importantly, the long-term total cost of ownership."

MiCloud powers more than 33 million cloud connections per day. Solutions include applications for unified communications, audio and video collaboration, and contact centers.

For more information please visit http://www.mitel.com/micloud.

About Mitel

Powering more than 2 billion connections every day, Mitel (Nasdaq:MITL) (TSX:MNW) helps businesses connect, collaborate and take care of their customers. That includes more than 33 million cloud connections daily, making Mitel the world's fastest growing provider of cloud communications. Our business communications experts serve more than 60 million users with over 2500 channel partners in more than 100 countries. We have #1 market share in EMEA and have been identified by top industry analyst firms as a business communications leader. For more information, go to www.mitel.com and follow us on Twitter @Mitel

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 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, and are expressly qualified in their entirety by the cautionary statements set forth in this paragraph. Undue reliance should not be placed on such statements. In addition, material risks that could cause results of operations to differ include the Mitel's ability to achieve or sustain profitability in the future since its acquisition of Aastra; fluctuations in the quarterly and annual revenues and operating results; fluctuations in foreign exchange rates; current and ongoing global economic instability, political unrest and related sanctions, particularly in connection with the Ukraine and the Middle East; intense competition; reliance on channel partners for a significant component of sales; dependence upon a small number of outside contract manufacturers to manufacture products; the ability to successfully integrate the acquisition of Aastra and realize certain synergies; and, our ability to implement and achieve our business strategies successfully. Additional risks are described under the heading "Risk Factors" in Mitel's Transition Report on Form 10-K for the eight month period ended December 31, 2013, filed with the Securities and Exchange Commission on March 31, 2014. Forward-looking statements speak only as of the date they are made. Except as required by law, we do 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.

Mitel is the registered trademark of Mitel Networks Corporation.

MITL-C



            

Contact Data