Press Releases

Jan 13, 2014

Extreme Networks Schedules Webcast Related to Pro-forma Historical Enterasys Acquisition Accounting

SAN JOSE, Calif., Jan. 13, 2014 /PRNewswire/ -- Extreme Networks, Inc. (Nasdaq: EXTR), a leading provider of high performance network solutions, today announced it has filed with the SEC the required Financial Statements related to the acquisition of Enterasys Networks, Inc. which closed on October 31, 2013.  These financials contain certain historical information on Enterasys Networks, Inc. as well as unaudited pro-forma condensed combined financial statements that take into account, among other things, the related purchase accounting adjustments, the acquisition of related debt and the associated interest expense, certain financial statement reclassifications to conform Enterasys Networks' historical financials to Extreme Networks' presentation, elimination of certain accounts not acquired by Extreme Networks, the recording of expenses related to the acquired intangibles and the acquired stock option plans of Enterasys including an increase in the related share count as a result, the exclusion of acquisition related expenses, certain tax adjustments and other items. 

John Kurtzweil, Extreme Networks' chief financial officer will be the host for the call and the discussion will be contained to this topic.  The company will not be providing an update on the most recently completed quarter at this time nor will it be providing any forward looking guidance.

The details for the webcast are:

When:



Tuesday, January 14 at 8:00 a.m. EST (5:00 a.m. Pacific Time). 





Where:



http://investor.extremenetworks.com/





How:



Live over the Internet -- Simply log on to the web at the address above.

 

A replay of the webcast will also be available at the address above for 7 days.





Dial in:



Toll Free: (877) 303-9826 or

international: (224) 357-2194

 

Encore Recording: (855) 859-2056 /or international (404) 537-3406
Conference ID: 33413390

About Extreme Networks

Extreme Networks, Inc. (NASDAQ: EXTR) sets the new standard for superior customer experience by delivering network-powered innovation and best-in-class service and support. The company delivers high-performance switching and routing products for data center and core-to-edge networks, wired/wireless LAN access, and unified network management and control. Our award-winning solutions include software-defined networking (SDN), cloud and high-density Wi-Fi, BYOD and enterprise mobility, identity access management and security. Extreme Networks is headquartered in San Jose, CA and has more than 12,000 customers in over 80 countries. For more information, visit the company's website at http://www.extremenetworks.com.

Extreme Networks and the Extreme Networks logo are registered trademarks of Extreme Networks, Inc. in the United States and/or other countries.

SOURCE Extreme Networks, Inc.

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