December 10, 2007
TRAPEZE NETWORKS HIRES CHIEF FINANCIAL OFFICER
Mike Johnson Joins Team to Continue Company’s Growth PLEASANTON, Calif., December 10, 2007 – Trapeze Networks®, the award-winning provider of Smart Mobile™ wireless solutions, today announced the addition of Mike Johnson to its executive team as Chief Financial Officer.
“The company is committed to driving sustained growth on a global scale. Hiring Mike is a key element in maintaining our momentum, revenue growth and industry relationships,” said Jim Vogt, chief executive officer, Trapeze Networks. "Mike’s background in finance, business strategies and development rounds out our executive roster, completing the group of professionals that will solidify Trapeze Networks as a dominant force in the wireless LAN (WLAN) market.”
Mike’s hire signifies a pivotal moment in the company’s development, which evolved from a VC funded startup in 2002. The company has received strategic investments and backing by Motorola Ventures, Juniper Networks and Nortel and is now a recognized leader in enterprise Wi-Fi. To date, the company has raised more than $100 million in equity funding.
Johnson will oversee all finance, administration and operations for Trapeze. With 26 years of technology experience, he has completed successful initial public offerings, as well as private financings, mergers and acquisitions and negotiated strategic alliances and manufacturing partnerships.
Prior to joining Trapeze, Johnson held several CFO and senior finance positions with technology companies, including Matisse Networks, @Road (acquired by Trimble), Amber Networks (acquired by Nokia), CacheFlow (IPO), and Ascend Communications (IPO and later acquired by Lucent).
Johnson is a California Certified Public Accountant (CPA) and holds a B.S. in Business Administration from California State University, Hayward.
About Trapeze Networks
Trapeze Networks delivers Smart Mobile™ — a ground-breaking approach to wireless networking, enabling organizations to deploy massively scalable mobile applications that leverage their existing infrastructure. Smart Mobile achieves this breakthrough by introducing intelligent switching, the first and only WLAN architecture that optimizes network traffic based on the underlying application. With Smart Mobile intelligent switching, organizations can support the most demanding next generation wireless applications such as toll-quality voice over WLAN for thousands of users, seamless indoor/outdoor mobility, and high-speed networks based on 802.11n — all without requiring expensive forklift upgrades. Trapeze Networks is well-capitalized, with strategic investments from networking industry leaders including Juniper Networks, Motorola, and Nortel Networks. Founded in March 2002, Trapeze is headquartered in Pleasanton, California, with operations in Europe, Japan, and Asia-Pacific. For more information, please visit www.trapezenetworks.com.
