Aastra Amends Its Stock Option Plan

Aastra Amends Its Stock Option Plan

ID: 141341

(firmenpresse) - TORONTO, ONTARIO -- (Marketwire) -- 05/01/12 -- Aastra Technologies Limited - (TSX: AAH) ("Aastra" or the "Corporation") announces that its Board of Directors has amended and restated the Corporation's 2006 Stock Option Plan (the "Amended and Restated 2006 SOP"), which replaces its existing 2006 Stock Option Plan which was originally adopted on May 23, 2006 and amended and restated on May 24, 2007.

Aastra is amending its 2006 SOP in response to comments received from ISS Proxy Advisory Services ("ISS"), a leading independent proxy voting advisory and corporate governance services firm, and in order to ensure that the Amended and Restated 2006 SOP conforms to ISS' current guidelines for equity compensation plans. Aastra understands that in light of the proposed amendments, ISS will be recommending to its clients who hold shares of Aastra that they vote in favour of the resolution reaffirming the Corporation's Amended and Restated 2006 SOP.

As a result of the comments received from ISS, Aastra is:

The Amended and Restated SOP reflecting the amendments described above will be filed on the website maintained by the Canadian Securities Administrators at .

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 our website at .

To view the "Black-Lined Changes to the Amended and Restated SOP" please visit the following link: .



Contacts:
Aastra Technologies Limited




Investor Relations
905-760-4200


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Bereitgestellt von Benutzer: MARKETWIRE
Datum: 01.05.2012 - 18:25 Uhr
Sprache: Deutsch
News-ID 141341
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TORONTO, ONTARIO



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Networking



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