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Meru Files for IPO

SUNNYVALE, Calif. -- Meru Networks, Inc., a provider of virtualized wireless LAN solutions, today announced that it has filed a registration statement on Form S-1 with the Securities and Exchange Commission relating to a proposed initial public offering of its common stock. The shares in the offering will be offered by Meru Networks and certain selling stockholders. The number of shares to be offered and the price range for the offering have not been determined.

BofA Merrill Lynch is acting as sole book-runner for the offering. Baird, Cowen and Company, JMP Securities LLC, and ThinkEquity LLC, are acting as co-managers.

The offering will be made only by means of a prospectus. When available, copies of the preliminary prospectus relating to the offering may be obtained from: BofA Merrill Lynch, 4 World Financial Center, New York, New York 10080, Attention: Prospectus Department or by e-mailing: [email protected], or by calling (866) 500-5408.

A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

Meru Networks Inc.

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