Aastra to hold Conference Call Following Announcement of Fourth Quarter and Year End 2004 Financial Results

TORONTO, ONTARIO (March 1, 2005) -- Aastra Technologies Limited - (TSX: “AAH”) will hold a conference call following the release of its fourth quarter and year end results for the periods ended December 31, 2004.

Aastra expects to release these results shortly after 4:00 pm EST on Thursday, March 3, 2005.

The conference call is scheduled for 5:00 pm EST, Thursday, March 3, 2005. Those wishing to participate in the teleconference are asked to call toll-free 1-877-323-2010, or local 416-695-9705, at approximately 5:00 pm EST. Replay will be available approximately one hour after the conference call by dialing toll-free 1-888-509-0082 or local 416-695-5275. This replay service will be available for 48 hours.

About Aastra Technologies Limited
Aastra Technologies Limited (TSX: “AAH”), headquartered in Concord, Ontario, Canada, develops and markets products and systems for accessing communication networks. Aastra’s products include a full range of residential and business telephone terminals, Enterprise Private Branch Exchanges (PBX), network access servers and high quality digital video gateways. Aastra serves the majority of telephone companies and certain cable operators and broadcasters in North America and Europe, with a growing presence in South America and Asia. For more information on Aastra, visit our Web site at http://www.aastra.com .

Certain information discussed in this press release is forward-looking and is subject to important risks and uncertainties. Forward-looking statements include statements of plans, objectives, strategies and expectations. The words “anticipate”, “believe”, “estimate”, and “expect” and similar expressions are intended to identify forward looking statements. The results or events predicted in these statements may differ materially from actual results or events. Please refer to reports filed by Aastra with securities regulatory authorities in Canada for an identification of factors, which could cause results or events to differ from current expectations. Aastra disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

For further information contact:

Allan Brett, CFO
905-760-4160
abrett@aastra.com






Lehdistö

Kai Virtanen
Aastra Finland Oy
Puh. +358 400 405 791
press_fi@aastra.com