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Succesful closing of sale of Zenitel Belgium and Zenitel Wireless France

Zenitel Group announces the succesful closing of the transaction, regarding the sale of Zenitel Belgium and Zenitel Wireless France.

Further to its press release of 6 April 2009, Zenitel Group announces the successful closing of the transaction, regarding the sale of 85% of the shares of Zenitel Belgium NV and the activities of Zenitel Wireless France SA. The closing occurred entirely within the framework of the signed agreement of April 3, 2009.

The sale has been performed to a group of experienced executives headed by Alain Van den Broeck.

The new entity will offer mission critical wireless solutions under the brand names of Zenitel Belgium and SAIT.

Alain Van den Broeck will become the new Chief Executive Officer of Zenitel Belgium NV. Eric Van Zele together and Jan De Schepper will serve on the board of the company.