FOR IMMEDIATE RELEASE
For more information, contact:
Extreme Networks
EXTREME NETWORKS ADDS TELECOM INDUSTRY EXPERT TO BOARD
Ed Meyercord Elected to Board of Directors
SANTA CLARA, Calif.; Oct. 20, 2009 – Extreme Networks, Inc. (Nasdaq:
EXTR) today announced that Ed Meyercord has agreed to join the board of
directors.
“Ed has great experience in the telecommunications business as the CEO of a regional
carrier and is a key addition to our Board,” said Gordon Stitt, the Chairman of
Extreme Networks' Board of Directors. “Regional carriers are at the forefront of
utilizing Ethernet technology to expand their broadband networks and we very much
look forward to Ed’s advice and the benefit of his leadership in this important
growth area. We are excited and pleased to have him join our team.”
Ed Meyercord is currently the President and Managing Partner of Council Rock Advisors
LLC, a private company that provides advisory, capital raising and management consulting
services. From December 2006 until January 2009, Mr. Meyercord served as CEO, President
and Director of Cavalier Telephone & TV, a privately held voice and data services
provider based in Richmond, Virginia. From January 2004 until its sale to Cavalier
in December 2006, Mr. Meyercord served as Chief Executive Officer, President and
Director of Talk America, Inc., a publicly traded company that provided phone and
internet services to consumers and small businesses. Mr. Meyercord received his
bachelor's degree in Economics from Trinity College and his MBA from the Stern School
of Business, New York University.
During its meeting on October 20, 2009, upon the recommendation of the Nominating
and Governance Committee of Extreme Networks' Board of Directors, the Board unanimously
elected Ed Meyercord to serve as a Class II director of the Board until his successor
is elected and qualified or until his earlier resignation or removal.
Extreme Networks, Inc.
Extreme Networks provides converged Ethernet networks that support data, voice and
video for enterprises and service providers. The company’s network solutions feature
high performance and high availability switching that deliver insight and control
enabling customers to solve their real-world business communications challenges.
Operating in more than 50 countries, Extreme Networks provides wired and wireless
secure LANs, data center infrastructure and Service Provider Ethernet transport
solutions that are complemented by global, 24x7 service and support.
For more information,visit: www.extremenetworks.com.
Extreme Networks is either a trademark or registered trademark of Extreme Networks,
Inc. in the United States and/or other countries.
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This announcement contains forward-looking statements that involve risks and uncertainties,
including statements regarding future financial performance. Actual results could
differ materially from those projected in the forward-looking statements as a result
of certain risk factors, including, but not limited to: fluctuations in demand for
the Company’s products and services; a highly competitive business environment for
network switching equipment; its effectiveness in controlling expenses, the possibility
that the Company might experience delays in the development of new technology and
products; customer response to its new technology and products; the timing of any
recovery in the global economy; risks related to pending or future litigation, and
a dependency on third parties for certain components and for the manufacturing of
the Company’s products. The Company undertakes no obligation to update the forward-looking
information in this release. More information about potential factors that could
affect the Company’s business and financial results is included in its filings with
the Securities and Exchange Commission, including, without limitation, under the
captions: “Management’s Discussion and Analysis of Financial Condition and Results
of Operations,” and “Risk Factors.”