OTTAWA, June 6, 2012 (GLOBE NEWSWIRE) — Mitel (Nasdaq:MITL), a leading provider of Unified Communications and Collaboration (UCC) software solutions, today announced that it has received conditional approval for a listing of its common shares on the Toronto Stock Exchange (TSX) under the symbol, “MNW”. The listing is conditional upon Mitel fulfilling the conditions of the approval. Mitel anticipates satisfying the remaining conditions to enable listing to occur and trading in the Company’s shares to commence on the TSX on or about June 27, 2012, subject to prior receipt of final listing approval from the TSX. The Company will not issue any additional shares in connection with the TSX listing. The Company will retain its listing on NASDAQ under the trading symbol “MITL.”

“The expansion of our trading to include both the NASDAQ and Toronto Stock Exchange platforms has been an objective of ours since our initial public offering in 2010,” stated Steve Spooner, chief financial officer, Mitel. “Given the appetite for technology investment on the TSX, a dual listing at this time allows us to expand our shareholder base and provides us with access to a knowledgeable investor base in Canada.”

More at http://www.mitel.com