CALABASAS, CA — (Marketwire) — 07/18/11 — (NASDAQ: XXIA), the leading, global provider of converged IP and wireless network test solutions, announced today that it has completed the acquisition of , a performance testing company for wireless LAN (WLAN) and Wi-Fi enabled smart devices.
As increasing customer access demands and quality of experience (QoE) expectations create the need for seamless mobility — and bandwidth-intensive applications are forcing service providers to use Wi-Fi traffic offload — equipment manufacturers, enterprises, and carriers are looking for end-to-end solutions that completely test converged Wi-Fi, wired, and 3G/4G ecosystems. The acquisition of VeriWave is an integral component of Ixia-s strategy to become a single-source solution for testing converged multiplay IP services and media-rich traffic over wireless and wireline networks.
On July 21, 2011 after the market closes, Ixia will release full financial results for the second quarter and year-to-date six months ended June 30, 2011, and will also host a conference call on that day for analysts and investors to discuss these results and its business outlook for the third quarter of 2011. Open to the public, investors may access the call by dialing (678) 825-8347. A live webcast of the conference call, along with supplemental financial information, will be accessible from the “Investors” section of Ixia-s web site (). Following the live webcast, an archived version will be available in the “Investors” section on the Ixia web site for 90 days.
Ixia provides the industry-s most comprehensive converged IP services testing solution — from the wireless edge to the Internet core. Network equipment manufacturers, service providers, enterprises, and government agencies use Ixia-s industry-leading test and simulation platforms to design and validate a broad range of wired, Wi-Fi, and 3G/4G networking equipment and networks. Ixia-s solutions create real-world conditions by emulating a full range of high-scaling networking protocols and generating media-rich application traffic to validate performance, conformance and security of cloud, core, data center, wireless and multiplay networks. For more information, visit .
Ixia and the Ixia four-petal logo are registered trademarks or trademarks of Ixia. Other trademarks are the property of their respective owners.
Certain statements made in this press release are forward-looking statements, including, without limitation, statements regarding financial performance and our planned acquisition of VeriWave. In some cases, such forward-looking statements can be identified by terms such as may, will, expect, plan, believe, estimate, predict or the like. Such statements reflect our current intent, belief and expectations and are subject to risks and uncertainties that could cause our actual results to differ materially from those expressed or implied in the forward-looking statements. Factors that may cause future results to differ materially from our current expectations include changes in the global economy, competition, consistency of orders from significant customers, our success in developing and producing new products, market acceptance of our products and war, terrorism, political unrest, natural disasters and other circumstances that could, among other consequences, reduce the demand for our products, disrupt our supply chain or impact the delivery of our products. Such factors also include the risk that the benefits of the acquisition will not be realized, as well as the factors identified in our Annual Report on Form 10-K for the year ended December 31, 2010, and in our other filings with the U.S. Securities and Exchange Commission. We undertake no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.
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