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ShoreTel Announces the Success of its 0% Finance Incentive

The ShoreTel Financial Services incentive sees momentum in the UK channel
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LONDON, UK, 31 August, 2010 – ShoreTel, Inc. (NASDAQ: SHOR), the leading provider of brilliantly simple IP phone systems with fully integrated Unified Communications (UC), today announced the success of its 0% finance incentive. The ShoreTel Financial Services portfolio, offered in partnership with CHG-Meridian, a leading provider of financing solutions and services in the field of information and communications technology, is designed to help UK businesses take advantage of the productivity and efficiency gains of the latest UC capabilities.

Over the past year, ShoreTel Financial Services has seen a successful uptake of the 0% finance incentive programme which has helped customers overcome short-term cash flow or budgetary concerns. Solar Communications is the latest ShoreTel reseller partner to provide the 0% finance incentive offer to customers across the UK.

“We are excited to offer a zero percent finance incentive as part of the ShoreTel Financial Services portfolio. This programme is a one of a kind, since it offers a very flexible payment option, and lets customers maximize their budgets,” said Paul Ley-Pollard, ShoreTel Finance Programme manager at CHG-Meridian Capital Ltd. 

“The zero percent financing program is a real differentiator in the UK marketplace and therefore offers an excellent unique advantage to our customers. We have seen very positive response to this incentive which has also had a great impact on our margins,” commented Mark Colquhoun, CEO, Solar Communications.

“ShoreTel sees its Financial Services offer as a vital component in proving the value of ShoreTel’s financial model to end users and supporting the company’s growth. We are pleased with the success partners such as Solar Communications have had so far with the zero percent finance incentive offer. By working with our reseller partners, our end customers receive a technology upgrade that is easy, effective, secure and above all tailored to their specific needs,” said John Howard, ShoreTel managing director, EMEA.

About ShoreTel, Inc.

ShoreTel, Inc. (NASDAQ: SHOR) is the provider of brilliantly simple Unified Communication (UC) solutions based on its award-winning IP business phone system. We offer organizations of all sizes integrated, voice, video, data, and mobile communications on an open, distributed IP architecture that helps significantly reduce the complexity and costs typically associated with other solutions. The feature-rich ShoreTel UC system offers the lowest total cost of ownership (TCO) and the highest customer satisfaction in the industry, in part because it is easy to deploy, manage, scale and use. Increasingly, companies around the world are finding a competitive edge by replacing business-as-usual with new thinking, and choosing ShoreTel to handle their integrated business communication. ShoreTel is based in Sunnyvale, California, and has regional offices in Austin, Texas, United Kingdom, Sydney, Australia and Munich, Germany. For more information, visit www.shoretel.com.