Trapeze Networks Announces New President And Chief Executive Officer

PLEASANTON, Calif. – January 21, 2004 – Trapeze Networks today announced that James W. Vogt has been named president, CEO and member of the board of the award winning wireless local-area networking (WLAN) company.

Vogt will focus Trapeze’s worldwide operational performance, competitive market positioning and strategic business direction as Trapeze continues to increase momentum in the Americas, Europe and Asia-Pacific regions. He takes over for Jim Flach, who is retiring.

“Jim Vogt has the desire, intelligence and skill to lead Trapeze to the next level and make it a phenomenal success,” said Trapeze board member Peter Wagner, a managing partner at Accel Partners. “With superb leadership, a technology solution that businesses are clamoring for, and a growing customer base, Trapeze is well-prepared to seize the wireless LAN market this year.”

“Trapeze employs some of the brightest people in the networking industry and it’s an honor to take the leadership role here,” said Vogt. “I’m looking forward to guiding Trapeze through its next period of growth and expanding the company’s worldwide customer base.

Vogt brings a wealth of business and technology experience to Trapeze. Prior to joining Trapeze, he was president and CEO at Ingrian Networks, where he led the privately held secure appliance firm through two rounds of funding, built up the company’s internal infrastructure and established a solid customer base.

He also was president of the Nortel Networks small business solutions group, a $1.5 billion organization with its own global sales force. Before Northern Telecom merged with Bay Networks to become Nortel, he was vice president and general manager of Bay’s workgroup product and distributed network systems divisions, and vice president of product management for Bay’s desktop products group.

Vogt holds a bachelor of sciences degree in electrical engineering from the University of Nevada and a master’s degree in business administration from Santa Clara University in Santa Clara, California.

About Trapeze Networks

Trapeze Networks delivers the power of business applications and services to the mobile enterprise workforce. The company’s wireless LAN Mobility System enhances productivity, introduces new efficiencies and accelerates business response time by delivering secure mobility to users, pre and post deployment planning and management tools to IT, and seamless integration between wired and wireless. In the first four months of shipping its WLAN Mobility System, Trapeze has been the recipient of five industry awards in recognition of its product and technology strength. Founded in March 2002, Trapeze raised $50 million in venture funding to date and is headquartered in Pleasanton, Calif., U.S.A. For more information, please visit www.trapezenetworks.com.




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