Aviat Networks Announces Board Refreshment Program to Accelerate Next Phase of Growth and the Nomination of Two New Directors

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Austin, Texas, August 30, 2021 / PRNewswire / – Aviat Networks, Inc. (NASDAQ: AVNW) (“Aviat” or the “Company”), the leading expert in wireless transportation solutions, today announced its new board member aimed at accelerating the company’s next phase of growth (the ” Board Refreshment Program “) and two new Board nominees to be voted on at the Company’s annual general meeting (the” 2021 Annual Meeting “) along with four current members of the Company’s board of directors (the” Board of Directors “). The new directing candidates are Bryan Ingram and Somesh Singh.

In support of the board refreshment program and board transition, the directors have Dahlia Loeb, Ken Kong and John Quicke, will not stand for re-election.

“We are excited to have Bryan and Somesh on the board,” said John Mutch, Chairman of the Board of Aviat Networks. “Bryan and Somesh will continue to strengthen the board’s technical expertise as Aviat drives its growth strategy and increases shareholder value. Bryan will help ensure that our technology architecture is customer-focused. Similar to the Aviat opportunity, Somesh led transformations. ” from hardware to software / services. We are delighted that you are joining us. “

“The appointment of Bryan and Somesh to our board of directors comes at a time when Aviat is transforming itself from a pure wireless systems provider to a wireless transportation solution provider with systems, software and services critical to customer networks throughout the world 5G is transitioning and beyond. The deep leadership, technology and transformative growth experience and expertise Bryan and Somesh will bring to Aviat will move our company on a stronger path and benefit all stakeholders. ”

The new director candidates have invaluable experience in advancing technology and business growth:

• Bryan Ingram has 35 years of technology experience, most recently as Senior Vice President and General Manager of Broadcom’s Wireless Semiconductor Division. He previously held other senior positions at Broadcom and its predecessor Avago Technologies Limited. He also held management positions at the predecessor of Avago within Agilent Technologies and various management positions at Hewlett Packard and Westinghouse. Mr. Ingram holds a Bachelor of Science degree in Electrical Engineering from University of Illinois and a Master of Science in Electrical Engineering from Johns Hopkins University.
• Somesh Singh has more than 30 years of extensive experience in leading large, globally distributed product teams. Most recently, he was Chief Product Officer of E&P Software at Emerson Electric and immediately before that Chief Product Officer at Paradigm. He also led product management and engineering for NetIQ and led research and development, customer care, professional services, IT and education as senior vice president of research and development and technical operations for Vignette. Mr. Singh holds a Bachelor of Technology in Chemical Engineering from Indian Technology Institute, a master’s degree in chemical engineering from the Columbia University, and an MBA from Wharton School of Business, University of Pennsylvania.

“On behalf of the board of directors, I thank you John Quicke and Ken Kong, originally nominated by Steel Partners for providing guidance on how to return the company to profitability in recent years, and Dahlia Loeb for their financial depth and knowledge of the capital markets to advance our growth plan. ”

John Mutch added “I especially appreciate it John Quicke for his mentoring for me personally and his significant contribution to operational and financial expertise for the company. We thank the outgoing board members for their services to Aviat and their valuable contributions. All have served with the highest standards of integrity and commitment and have played a key role in a successful restructuring phase for Aviat. All three will continue to serve as directors through the 2021 annual meeting. “

The six candidates, including four current board members and two new nominees, to be voted on at the 2021 annual meeting are:

Current nominees for directors:
John Mutch
Michele Klein
Pete Smith
James Stoffel
New nominees:
Bryan Ingram
Somesh Singh

Via aviation networks

Aviat Networks, Inc. is the leading expert in wireless transportation solutions, working to provide reliable products, services and support to our customers. With more than one million systems sold in 170 countries worldwide, communications service providers and private network operators, including state / municipal governments, utilities, federal government and defense organizations, trust Aviat for their critical applications. Coupled with a long history of microwave innovation, Aviat offers a comprehensive package of localized professional and supportive services that enable customers to dramatically simplify both their networks and their lives. For more than 70 years, the experts at Aviat have been delivering high-performance products, simplified processes and the best overall customer experience. Aviat Networks is headquartered in Austin, Texas. For more information, visit www.aviatnetworks.com or connect with Aviat Networks on Twitter, Facebook and LinkedIn.

Important additional information and where to find it

Aviat intends to file a proxy statement (the “Proxy Statement”) with the US Securities and Exchange Commission (the “SEC”) in connection with the solicitation of proxies for the Company’s 2021 annual meeting.

SHAREHOLDERS URGENTLY REFER TO THE PROXY STATEMENT (INCLUDING ANY AMENDMENTS OR ADDITIONS THEREOF) AND ALL OTHER RELEVANT DOCUMENTS THAT THE COMPANY FILES WITH THE SEC.

Shareholders can download copies of the Proxy Statement, any amendments or additions thereto, and any other documents filed by the Company with the SEC in connection with the 2021 Annual Meeting free of charge on the SEC’s website (http://www.sec.gov) or on the company’s website (https://investors.aviatnetworks.com/).

Participant in the tender

Aviat, its directors and some of its officers and other employees may be considered participants in the solicitation of proxies from shareholders in connection with the 2021 Annual General Meeting. Additional information about the identity of these prospective participants, none of whom owns more than one percent (1%) of the voting shares in the Company, and their direct or indirect holdings through securities holdings or otherwise will be set out in the proxy statement and other materials included in the Must be filed with the SEC in connection with the 2021 annual meeting. Information related to the foregoing can also be found in the company’s proxy statement for the 2020 annual general meeting filed with the SEC on. was submitted September 25, 2020. To the extent that the holdings of the Company’s securities have changed as a result of these prospective participants (or the identity of those participants) since the information printed on the 2020 proxy, that information has been or will be filed with the SEC in the change of ownership notices on Forms 3 and 4. You can obtain free copies of these documents from the sources listed above.

Forward-Looking Statements

The information contained in this document contains forward-looking statements within the meaning of the safe harbor provisions of the US Private Securities Litigation Reform Act of 1995. All statements, statements that are identified by the use of forward-looking terminology, including “anticipate”, “believe”, “plan”, “estimate”, “expect”, “aim”, “will”, “see”, “continue”, “deliver”, “see” and “intend” or the negative of these terms or other similar expressions Forward-looking statements are neither historical facts nor assurances of future performance. Instead, forward-looking statements are based on estimates that reflect the current beliefs, expectations and assumptions of Aviat management. Such forward-looking statements involve a number of risks and uncertainties that could cause actual results to differ materially from those proposed in the forward-looking statements. Forward-looking statements should be viewed in light of various important factors, including those set out in this document. Therefore, you should not place undue reliance on any of these forward-looking statements. Important factors that could cause actual results to differ materially from the estimates or projections contained in any forward-looking statement include, but are not limited to, the items listed under “Risk Factors” in Aviat’s Annual Report on Form 10-K filed with the US – Securities and Exchange Commission (“SEC”) August 25, 2021 as well as other reports Aviat has filed with the SEC from time to time. Aviat undertakes no obligation to publicly update any forward-looking statements, whether written or oral, for any reason except as required by law, even as new information becomes available or other future events occur.

Media contact: Gary Croke, Aviation Networks, Inc., [email protected]

Investor Relations Contact: Keith Fanneron, Aviation Networks, Inc., [email protected]

SOURCE Aviat Networks, Inc.

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