Ixia Names New COO

Ixia announces appointment of president and chief operating officer

September 4, 2007

2 Min Read

CALABASAS, Calif. -- Ixia (Nasdaq:XXIA - News), a leading, global provider of IP performance test systems, today announced that it has appointed Atul Bhatnagar to the new position of President and Chief Operating Officer. Mr. Bhatnagar will also join Ixia's Board of Directors in the third quarter of 2007. Mr. Bhatnagar brings over 20 years of experience in the computing and communications industry, and recently served as Vice President and General Manager of the Enterprise Data Networks Division of Nortel. Mr. Bhatnagar will report to Errol Ginsberg who remains actively involved in the Company as its Chief Executive Officer and a member of its Board of Directors.

Working with Mr. Ginsberg, Mr. Bhatnagar will assume overall responsibility for the Company's day-to-day operations and will also be intimately involved with strategy and long-term business planning. Ixia's senior executive management team will report directly to Mr. Bhatnagar. Mr. Ginsberg will focus primarily on high level product development and longer-term strategic planning, as well as the evaluation of market opportunities and potential acquisitions.

At Nortel, Mr. Bhatnagar's business unit was responsible for the design and marketing of a full range of Ethernet switches, security solutions, WLAN mobility solutions, Metro Ethernet technologies and enterprise routers. Mr. Bhatnagar came to Nortel through its acquisition of Alteon Web Systems in October 2000, where he was Vice President of Advanced WebSwitching Products, creating next generation WebSwitches and security acceleration products. Prior to joining Alteon Web Systems, Mr. Bhatnagar worked at Hewlett-Packard for close to 15 years where he held several general management assignments in North America and Asia. Mr. Bhatnagar holds an MSEE from the University of New Mexico and a BSEE from the Birla Institute of Technology and Science, Pilani, India.

"After an extensive search, I am excited to have Atul join Ixia at an important time in our evolution, as we look to capitalize on the opportunities for growth in our industry," commented Errol Ginsberg, CEO of Ixia. "Atul brings a wealth of industry experience and broad market knowledge. His expertise will give us additional focus on our day-to-day operations and strong leadership in virtually every aspect of our business. Bringing Atul on board also allows me to concentrate more on pursuing new product development opportunities and strategic planning in an effort to increase our overall long-term growth potential. Atul's appointment is also an important milestone in the Company's succession planning. While I expect to remain an active employee focused on strategy and technology and will continue to serve as a member of our Board of Directors, it is likely that if all goes as planned Atul will be appointed to succeed me as CEO in early 2008."

Ixia (Nasdaq: XXIA)

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