Press Release
ARUBA NETWORKS ADDED TO THE RUSSELL 2000 INDEX
Inclusion in the Benchmark Index Highlights Aruba’s Performance in the Small-Cap Segment of the U.S. Equity Market
Sunnyvale, CA, July 23, 2007 - Aruba Networks (NASDAQ: ARUN), a global leader in wireless LAN and secure mobility solutions, today announced that it has been added to the Russell 2000® Index and Russell 3000® Index after the Russell Investment Group reconstituted its comprehensive set of U.S. and global equity indexes on June 22, 2007. Russell indexes are widely used by investment managers and institutional investors for both index funds and as benchmarks for passive and active investment strategies.
Aruba's networks are widely used by business, education, finance, government, healthcare, technology, and retail customers to securely and reliably deliver enterprise data, voice, and video applications to users wherever they work – in the office, at home, in a hotel, on the road. Follow-me networking ensures that users remain connected to the enterprise at all times via Aruba's best-in-class wireless LANs, as well as over conventional wired networks, wide area networks, and mobile phone networks. Follow-me security enshrouds users with the same level of protection when they travel as they enjoy in the office. Innovative business continuity solutions allow executives and staff to work from home or back-up locations in the event of a natural or man-made disaster.
"The inclusion of Aruba in the Russell 2000 and 3000 Indexes speaks very favorably about our momentum in the market," said Dominic Orr, Aruba's president and CEO. "This event is especially significant given that we are a newly public company. Russell is a highly regarded benchmark, and we hope that our inclusion will generate additional institutional investor interest in the company and our stock."
The annual reconstitution of the Russell 2000 captures the 2000 largest U.S. stocks as of the end of May, ranking them by total market capitalization. The largest 3000 ranked companies become the Russell 3000.
About Aruba Networks, Inc.
People move. Networks must follow. Aruba securely delivers networks to users, wherever they work or roam. Our mobility solutions enable the Follow-Me Enterprise that moves in lock-step with users:
- Adaptive 802.11a/b/g/n Wi-Fi networks optimize themselves to ensure that users are always within reach of mission-critical information;
- Identity-based security assigns access policies to users, enforcing those policies whenever and wherever a network is accessed;
- Remote networking solutions and fixed mobile convergence ensure uninterrupted access to applications as users move;
- Multi-vendor network management provides a single point of control while managing both legacy and new wireless networks from Aruba and its competitors.
The cost, convenience, and security benefits of our secure mobility solutions are fundamentally changing how and where we work. Listed on the NASDAQ and Russell 2000® Index, Aruba is based in Sunnyvale, California, and has operations throughout the Americas, Europe, Middle East, and Asia Pacific regions. To learn more, visit Aruba at http://www.arubanetworks.com.
© 2008 Aruba Networks, Inc. AirWave®, Aruba Networks®, Aruba Mobility Management System®, Bluescanner, For Wireless That Works®, Mobile Edge Architecture, People Move. Networks Must Follow., RFProtect, The All Wireless Workplace Is Now Open For Business, Green Island, and The Mobile Edge Company® are trademarks of Aruba Networks, Inc. All rights reserved. All other trademarks are the property of their respective owners.
Media Contacts
Michael Tennefoss
Aruba Networks, Inc.
+1-408-754-8034
mtennefoss@arubanetworks.com
Patty Oien
Breakaway Communications.
+1-415-358-2482
poien@breakawaycom.com
© 2010 Aruba Networks, Inc. All rights reserved. Specifications are subject to change without notice.
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