Financial Express (Holdings) Limited (“we”, “our”, “us” and derivatives) are committed to protecting and respecting your privacy. This Privacy Policy, together with our Terms of Use, sets out the basis on which any personal data that we collect from you, or that you provide to us, will be processed by us relating to your use of any of the below websites (“sites”).

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For the purposes of the Data Protection Act 1998, the data controller is Trustnet Limited of 2nd Floor, Golden House, 30 Great Pulteney Street, London, W1F 9NN. Our nominated representative for the purpose of this Act is Kirsty Witter.

WHAT INFORMATION DO WE COLLECT ABOUT YOU?

We collect information about you when you register with us or use any of our websites / services. Part of the registration process may include entering personal details & details of your investments.

We may collect information about your computer, including where available your operating system, browser version, domain name and IP address and details of the website that you came from, in order to improve this site.

You confirm that all information you supply is accurate.

COOKIES

In order to provide personalised services to and analyse site traffic, we may use a cookie file which is stored on your browser or the hard drive of your computer. Some of the cookies we use are essential for the sites to operate and may be used to deliver you different content, depending on the type of investor you are.

You can block cookies by activating the setting on your browser which allows you to refuse the setting of all or some cookies. However, if you use your browser settings to block all cookies (including essential cookies) you may not be able to access all or part of our sites. Unless you have adjusted your browser setting so that it will refuse cookies, our system will issue cookies as soon as you visit our sites.

HOW WE USE INFORMATION

We store and use information you provide as follows:

  • to present content effectively;
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We may also send you emails to provide information and keep you up to date with developments on our sites. It is our policy to have instructions on how to unsubscribe so that you will not receive any future e-mails. You can change your e-mail address at any time.

In order to provide support on the usage of our tools, our support team need access to all information provided in relation to the tool.

We will not disclose your name, email address or postal address or any data that could identify you to any third party without first receiving your permission.

However, you agree that we may disclose to any regulatory authority to which we are subject and to any investment exchange on which we may deal or to its related clearing house (or to investigators, inspectors or agents appointed by them), or to any person empowered to require such information by or under any legal enactment, any information they may request or require relating to you, or if relevant, any of your clients.

You agree that we may pass on information obtained under Money Laundering legislation as we consider necessary to comply with reporting requirements under such legislation.

ACCESS TO YOUR INFORMATION AND CORRECTION

We want to ensure that the personal information we hold about you is accurate and up to date. You may ask us to correct or remove information that is inaccurate.

You have the right under data protection legislation to access information held about you. If you wish to receive a copy of any personal information we hold, please write to us at 3rd Floor, Hollywood House, Church Street East, Woking, GU21 6HJ. Any access request may be subject to a fee of £10 to meet our costs in providing you with details of the information we hold about you.

WHERE WE STORE YOUR PERSONAL DATA

The data that we collect from you may be transferred to, and stored at, a destination outside the European Economic Area (“EEA”). It may be processed by staff operating outside the EEA who work for us or for one of our suppliers. Such staff may be engaged in, amongst other things, the provision of support services. By submitting your personal data, you agree to this transfer, storing and processing. We will take all steps reasonably necessary, including the use of encryption, to ensure that your data is treated securely and in accordance with this privacy policy.

Unfortunately, the transmission of information via the internet is not completely secure. Although we will do our best to protect your personal data, we cannot guarantee the security of your data transmitted to our sites; any transmission is at your own risk. You will not hold us responsible for any breach of security unless we have been negligent or in wilful default.

CHANGES TO OUR PRIVACY POLICY

Any changes we make to our privacy policy in the future will be posted on this page and, where appropriate, notified to you by e-mail.

OTHER WEBSITES

Our sites contain links to other websites. If you follow a link to any of these websites, please note that these websites have their own privacy policies and that we do not accept any responsibility or liability for these policies. Please check these policies before you submit any personal data to these websites.

CONTACT

If you want more information or have any questions or comments relating to our privacy policy please email publishing@financialexpress.net in the first instance.

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Mitel Corporation. (55PT)

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Tuesday 11 April, 2000

Mitel Corporation.

Statement re PBX Market

Mitel Corporation
11 April 2000


Mitel Surges Past Competitors in North American PBX Market: Third in North
American sales of Private Branch Exchanges (PBXs)

OTTAWA, CANADA--According to research, Mitel Communications Systems, a
division of Mitel Corporation (TSE:MLT;NYSE:MLT) enjoyed the largest
percentage growth rate in the North American market for PBXs, which are
telecommunications systems installed on-site by companies and organizations.

North American shipments of PBX lines rose 6.4 percent in 1999, according to
data from Phillips InfoTech, a New Jersey-based market research firm.  Mitel
outpaced the market by a wide margin, with a 17.5 percent jump in PBX line
shipments over the previous year.  The company shipped 921,200 lines in 1999
compared with 784,000 lines in 1998.

Phillips InfoTech research tracked the 1999 shipments of all major PBX
manufacturers in North America including Nortel, Lucent, Siemens, and NEC. 
Overall, Mitel finished the year with 10.2 percent of the PBX line market, the
number three market share position in North America.  In addition, Mitel was
number one in the shipment of complete PBX systems.

Mitel is strongest in PBXs for small and medium-sized businesses and
organizations.  In the under 400 line market, Mitel shipped 23 percent of all
PBX lines.

'Our penetration in the fast-growth small business market demonstrates the
strength of our technology and value proposition,' said Paul Butcher, senior
vice president, Mitel Communications Systems.

'Mitel's customers are assured of a clear migration path to next-generation
systems.  For example, our recently announced Data Integrated Voice
Applications architecture for the enterprise is the bridge between Mitel's
existing PBX platforms and next-generation IP (Internet Protocol) solutions.
What's more, we offer an unparalleled investment protection plan as customers
move to IP.'

Top Canadian supplier in under 1000 lines

In 1999, Mitel was the number one PBX supplier in Canada in the under 1000
line segment, capturing 34.2 percent of the market.  The company gained 8.7
market share points - more than any other manufacturer - up from 25.5 percent
in 1998.  Mitel shipped 131,000 new PBX lines in Canada last year.

Mitel's shipments of PBX systems also grew the fastest in Canada and at 42.9
percent exceeded the total market growth of 31.6 percent.

About Mitel

Mitel Communications Systems has over 25 years' experience meeting the
real-time voice needs of enterprise customers.  Systems' portfolio includes
voice communications systems, desktop peripherals and networking solutions. 
Mitel Communications Systems is today helping enterprises develop and launch
IP telephony applications.

Mitel is a growing global provider of converging voice and data systems and
applications, and specialty semiconductors for the communications industry.
The company has annual revenues of more than $1.3 billion and employs some
6,000 people worldwide.

Certain statements in this press release constitute forward-looking statements
within the meaning of the Private Securities Litigation Reform Act of 1995.
Such forward-looking statements involve known and unknown risk, uncertainties,
and other factors which may cause the actual results, performance or
achievements of the Company, to be materially different from any future
results, performance, or achievements expressed or implied by such
forward-looking statements. Such risks, uncertainties and assumptions include,
among others, the risks discussed in documents filed by the Company with the
Securities and Exchange Commission. Investors are encouraged to consider the
risks detailed in those filings.


FOR FURTHER INFORMATION PLEASE CONTACT :

Mitel Communications Systems
Kris Sherry
(613) 592-2122
E-mail: kris_sherry@mitel.com
Web Site: www.mitel.com
or
Porter Novelli Convergence Group for Mitel
Kim Pegnato/Maya Brady
(617) 450-4300
E-mail: kim.pegnato@pnicg.com