Extreme Networks Appoints Edward Meyercord as Independent Chairman

Mar 09, 2011, 07:30 ET from Extreme Networks, Inc.

SANTA CLARA, Calif., March 9, 2011 /PRNewswire/ -- Extreme Networks, Inc. (Nasdaq: EXTR) today announced that Edward Meyercord has been appointed as the independent Chairman of the Board succeeding the company co-founder, Gordon Stitt.

Mr. Meyercord joined the Extreme Networks board in October 2009 and also serves on the compensation committee.  In addition to his role as Chairman of the Extreme Networks board of directors, Mr. Meyercord is the CEO and co-founder of Critical Alert Systems, LLC, a provider of wireless communications and technology solutions in the healthcare industry and also serves on the Board of Tollgrade Communications, Inc.

"I am excited to have this opportunity to work with the Extreme Networks Board and management team," said Meyercord. "I believe we are well positioned to deliver increased value to our shareholders and customers as we execute on our new, go-to-market strategy and drive operating efficiencies in the business."

Gordon Stitt, co-founder of Extreme Networks and the prior Chairman, recently completed an 18 month assignment as a consultant to the company, working on data center market development.

"During the last year Extreme Networks has accomplished many things, including its entry into the cloud computing and data center space, increased operating income and an orderly transition to a new CEO," said Stitt.  "This is an opportune time for the Company to appoint an independent Chairman to enhance the Company's strong corporate governance and leadership. I am very pleased that Ed accepted the position."

Mr. Stitt will remain on the board as a director, and also serves on the boards of three other technology companies.

About Extreme Networks, Inc.

Extreme Networks delivers networks for the mobile world. The company's open network solutions enable a seamless user experience providing a platform for improved business agility. From the converged mobile edge of enterprises to virtualized clouds, and from data centers to global carrier networks that backhaul mobile traffic, Extreme Networks' extensible services architecture, sets a foundation for mobility, identity awareness and faster performance to empower people and machines to connect and move seamlessly. Extreme Networks is headquartered in Santa Clara, California, with offices in more than 50 countries worldwide. For more information, visit: www.extremenetworks.com

SOURCE Extreme Networks, Inc.