20 June 2000
TSE SYMBOL: MLT
NYSE SYMBOL: MLT
LSE SYMBOL: MLT.L
In-Room Internet Service from Mitel Meets Web Access Demands of Business
* Mitel, Elastic Networks and Everest Broadband Networks team up to offer
one-stop Web service to hospitality industry
Mitel Communications Systems, a division of Mitel Corporation (NYSE/TSE:MLT),
is introducing with Elastic Networks and Everest Broadband Networks a complete
one-stop solution for delivering high-speed Internet access and Web-based
services to hotel guest rooms and conference rooms. The in-room Internet
service is available through Mitel's extensive network of Value Added
Resellers (VARs) throughout North America.
'By teaming with Elastic Networks and Everest Broadband Networks, we are
offering hotels one source for a complete solution that meets the demands of
business travelers for Web access,' said Ken Dumont, vice president,
marketing, Mitel Communications Systems. 'We are eliminating the need for
separate sourcing by providing both the Internet access infrastructure and the
Internet Service Provider (ISP).'
With Mitel's plug-and-play service, hotels can gain new revenues by offering
their guests high-speed Internet access over the existing copper wire
infrastructure, utilizing Digital Subscriber Line (DSL) technology. Business
and leisure travelers will enjoy easy access to Web-based applications,
including information sources, messaging, corporate email, and hotel services
Mitel's VARs, working with Everest Broadband Networks and Elastic Networks,
provide all elements of the solution, including on-premises equipment, ISP
connectivity and service, '24x7' customer care, marketing support, and
portal/web page design.
Offering a one-stop Internet solution is part of Mitel's strategy to provide a
complete range of communications systems and solutions to the hospitality
industry. Properties that offer access to the Internet -- now an essential
business tool -- will have a competitive advantage in capturing a greater
share of the business traveler market.
About Elastic Networks
Elastic Networks is a leader in innovative, next-generation DSL technology and
high-speed Internet access solutions, enabling telecommunications service
providers to easily offer affordable broadband services that simplify the way
people connect. By leveraging its technological differentiation in speed,
deployability, and economics, and by building strategic relationships with
distributor, chip manufacturing, and data networking partners, Elastic
Networks continues to increase the pervasiveness of its innovative technology
in markets throughout the world. Elastic Networks Inc. is based in Alpharetta,
GA. For more information about Elastic Networks, visit www.elastic.com.
About Everest Broadband Networks
Everest Broadband Networks brings high-speed Internet, advanced broadband
applications, and telephone and video services to the hospitality market as
well as to occupants of multi-tenant office and residential buildings. To the
hospitality market, Everest offers high-speed Internet and customized Web
applications in guest and meeting rooms. In order to reach the sizable market
of hotel chains and franchised properties throughout North America, Everest
will offer its services exclusively through a distribution channel of
well-established providers of hotel technology and telecommunications
services. Comprised of hospitality and communications professionals with an
average of 11 years of experience, Everest's newly formed Hospitality Group
has already developed a sales pipeline of over 1,000 hotels. Everest was
launched in the fall of 1999. Principal investors are Pequot Capital
Management and SOFTBANK Venture Capital, backers of numerous successful
information technology and communications start-ups. For more information
about Everest Broadband Networks, visit www.everestbroadband.com.
Mitel Communications Systems has almost three decades of experience in 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 communications systems and
semiconductors for converging voice and data networks in a rapidly evolving
Internet economy. Mitel generates annual revenue of $1.4 billion and employs
6,000 people worldwide.
M Mitel (design) and Mitel are registered trademarks of Mitel Corporation.
All other names and products referenced herein are trademarks or registered
trademarks of their respective companies.
FOR FURTHER INFORMATION PLEASE CONTACT :
Mitel Communications Systems
Porter Novelli Convergence Group for Mitel
Kim Pegnato/Maya Brady