updated 4/5/2011 9:46:15 AM ET 2011-04-05T13:46:15

OTTAWA, April 5, 2011 (GLOBE NEWSWIRE) -- Mitel (Nasdaq:MITL), a leading provider of unified communications (UC) software solutions, today announced it has been ranked the number two software provider for Canadian ICT Companies in the 2011 Edition of the Branham300, a listing of Canada's ICT industry leaders, as ranked by revenues.

Mitel's transition from a hardware company to a software solutions provider was solidified when the company unveiled the Mitel Freedom architecture in 2010. The Mitel Freedom architecture is a single, cloud-ready software stream that delivers an array of communications options for businesses looking to integrate a voice solution into best-in-class networks and applications. For more information on the Mitel Freedom architecture visit: http://www.mitel.com/freedom .

"The goal of the Branham300 is to showcase the top ICT companies in the country," said Wayne Gudbranson, president and CEO of Branham Group. "Year after year, Mitel demonstrates why they are a global leader amongst Canadian-based technology companies. We look forward each year to what innovations they bring to the market."

The Branham300 is currently operating in its 18th year. The Branham300 highlights the top ICT companies in Canada ranked by revenue. The top 300 publicly-traded and privately-held Canadian companies are included in multiple categories, including the top 250 Canadian ICT companies and several sub lists such as Top Software Providers.

"We are extremely pleased to have been recognized by the Branham300. This past year Mitel delivered on a number of initiatives which have helped strengthen the company," said Rich McBee, Mitel's chief executive officer. "In the first half of the year, the company launched an initial public offering on NASDAQ and then finished the year with the introduction of the Mitel Freedom architecture – strongly positioning ourselves as a communications software provider. This provides us with an excellent foundation to grow the business moving forward."

About the Branham300

For nearly 20 years, the Branham300 has highlighted the top Canadian and Multinational ICT companies operating in Canada, as ranked by revenues. It illustrates the depth and breadth of innovative technologies developed in Canada and is widely considered to be a leading source of intelligence on Canada's ICT industry. The Branham300 list consists of the following major categories:

  • Top 250 Canadian ICT Companies
  • The Next 50 Canadian ICT Companies
  • Top 25 ICT Multinational Companies operating in Canada
  • Top 25 Up and Comer ICT Companies (category ranked on innovation/not revenue)

The Branham300 is published annually in the April issue of Backbone Magazine ( www.backbonemag.com ), as well as on the Branham300 website, www.branham300.com . Keep up to date with the Branham300 and Branham Group on twitter at @branhamgroup, through Branham's Newsletter, or RSS feed.

About Branham Group Inc.

Branham Group Inc. is a leading industry analyst and strategic consulting firm servicing the global information technology marketplace. Branham Group assists information technology companies and related institutions in achieving market success through its custom consulting services (Planning, Marketing and Partnering), and through its multi-client research subscription programs (Digital Health and Green IT). Branham also produces an annual listing of the top information and communications technology (ICT) companies in Canada ( www.branham300.com ), tracks the Canadian Outsourcing industry ( www.branhamoutsourcing.com ) and monitors over 450 Digital Health vendors ( www.branhamgroup.com/digitalhealth ). For more information regarding Branham Group, please visit www.branhamgroup.com .

About Mitel

Mitel (Nasdaq:MITL) is a global provider of business communications and collaboration software and services. Mitel's Freedom architecture provides the flexibility and simplicity organizations need to support today's dynamic work environment. Through a single cloud-ready software stream, Mitel delivers a powerful suite of advanced communications and collaboration capabilities that provides freedom from walled garden architectures and enables organizations to implement best-of-breed solutions on any network; extends the "in-office" experience anywhere, on any device; and offers choice of commercial options to fit business needs. For more information visit: http://www.mitel.com

The Mitel Networks Corporation logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=8599


CONTACT: Mitel Contact Information
         Danielle McNeil (media)
         613-592-2122 x4643
         Jay Nichols (media)
         Kevin Johnson (industry analysts)
         613-592-2122 x6690
         Cynthia Hiponia (investor relations)
         613-592-2122 x1992
         Branham300 Contact Information
         Darren Anderson
         Branham300 Coordinator & Research Analyst
         613-745-2282 Ext. 122

© Copyright 2012, GlobeNewswire, Inc. All Rights Reserved


Discussion comments


Most active discussions

  1. votes comments
  2. votes comments
  3. votes comments
  4. votes comments

Data: Latest rates in the US

Home equity rates View rates in your area
Home equity type Today +/- Chart
$30K HELOC FICO 3.79%
$30K home equity loan FICO 4.99%
$75K home equity loan FICO 4.69%
Credit card rates View more rates
Card type Today +/- Last Week
Low Interest Cards 13.83%
Cash Back Cards 17.80%
Rewards Cards 17.18%
Source: Bankrate.com