Harmonic Names New CEO

SUNNYVALE, Calif. -- Harmonic Inc. (Nasdaq: HLIT), a leading provider of digital video, broadband optical networking and IP delivery systems, today announced that Dr. Patrick Harshman has been appointed the Company’s President and Chief Executive Officer by the Board of Directors. This appointment, which is effective immediately, is the result of an on-going succession planning process that included a comprehensive external search. Dr. Harshman, 41, succeeds Anthony Ley, 67, who has led Harmonic’s growth and development for 18 years. Mr. Ley is retiring from active, full-time service with the Company, but will continue as the non-executive Chairman of the Board of Directors. Dr. Harshman has also been elected to a position on the Board.

“The Board’s extensive search confirmed my belief that Patrick is an outstanding leader with the right mixture of technical talent, business acumen and strategic vision to lead Harmonic successfully into the future,” said Anthony Ley. “Patrick has earned the admiration, respect and trust of our employees as well as our customers around the world. In his capacity as Executive Vice President, Patrick has worked aggressively to enhance Harmonic’s focus and efficiency as well as to integrate and align the organization for greater flexibility to pursue emerging opportunities.”

“It has been a privilege to work with Tony as he navigated the complexities of a fast moving broadband market and changing business environment,” said Dr. Harshman. “Through his skill, leadership and integrity, Harmonic is recognized by broadband service providers around the globe as a leading innovator of digital video and optical networking solutions, as well as a trusted technology partner capable of handling the most challenging problems. I look forward to taking on the role of President and CEO of Harmonic and aim to expand our leadership position in the ever evolving world of video, data and voice delivery in both fixed and mobile environments.”

Harmonic Inc. (Nasdaq: HLIT)