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Aerohive Continues to Transform the Connected Experience for Retailers and Their CustomersAerohive Networks® (NYSE:HIVE) continues to be selected by top retailers for its simple, secure, and scalable Wi-Fi. Aerohive's (News - Alert) products have positioned many retailers to support increasing numbers of devices, such as IoT devices, handheld scanners, and guest devices. Building on its cloud networking architecture, Aerohive helps retailers deliver truly connected experiences to customers through information, applications, and insights. As part of its Personalized Engagement Ecosystem, Aerohive continues to partner with best-of-breed solution vendors like Cloud4Wi to deliver tools to transform the retail experience. News Facts
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"One of the first things we noticed after deploying Aerohive at Beverly's Fabric & Crafts is the superior coverage of the network," said Brandon Ring, IT manager, Beverly's Fabric & Crafts. "By leveraging the full features of Aerohive, including retail analytics that we hope to implement in the near future, we have a solid wireless infrastructure that covers all areas of our retail business, from marketing to inventory." "We expect that within ten years the Dutch consumer buys 50 percent of his purchases online," said Robert Krahe, project manager ICT, wehkamp.nl. "With our new distribution center, we are prepared for these trends. A good, qualitative network solution is thereby absolutely indispensable. Our intention is to turn Aerohive into our own Wi-Fi solution brand within the whole company." "Rich location, presence, and monitoring data will transform marketing for sectors such as retail and restaurants," said Andrea Calcagno, chief executive officer, Cloud4Wi. "With Aerohive Cloud Services APIs, we can develop the applications to leverage that data into actionable insights." Safe Harbor Statement This press release contains forward-looking statements, including statements regarding new Aerohive product and service offerings and statements regarding their expected performance, market receptiveness and competitive advantage. These forward-looking statements are based on current expectations and are subject to inherent uncertainties, risks and changes in circumstances that are difficult or impossible to predict. The actual outcomes and results may differ materially from those contemplated by these forward-looking statements as a result of these uncertainties, risk and changes in circumstances, including, but not limited to, risks and uncertainties related to: our ability to continue to attract, integrate, retain and train skilled personnel, general demand for wireless networking in the industry verticals targeted or demand for Aerohive products in particular, unpredictable and changing market conditions, risks associated with the deployment, performance and adoption of new products and services, risks associated with our growth, competitive pressures from existing and new companies, technological change, product development delays, our inability to protect Aerohive intellectual property or to predict or limit exposure to third party claims relating to its or Aerohive's intellectual property, and general market, political, regulatory, economic and business conditions in the United States and internationally. Additional risks and uncertainties that could affect Aerohive's financial and operating results are included under the captions "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations," in the Company's recent annual report on Form 10-K and quarterly report on Form 10-Q. Aerohive's SEC (News - Alert) filings are available on the Investor Relations section of the Company's website at http://ir.aerohive.com and on the SEC's website at www.sec.gov. All forward-looking statements in this press release are based on information available to the Company as of the date hereof, and Aerohive Networks disclaims any obligation to update the forward-looking statements provided to reflect events that occur or circumstances that exist after the date on which they were made, except as required by law. About Aerohive Networks (News - Alert) Aerohive (NYSE: HIVE) enables our customers to simply and confidently connect to the information, applications, and insights they need to thrive. Our simple, scalable, and secure platform delivers mobility without limitations. For our customers worldwide, every access point is a starting point. Aerohive was founded in 2006 and is headquartered in Sunnyvale, CA (News - Alert). For more information, please visit http://www.aerohive.com, call us at 408-510-6100, follow us on Twitter (News - Alert) @Aerohive, subscribe to our blog, join our community, or become a fan on our Facebook page. "Aerohive" is a registered trademark of Aerohive Networks, Inc. All product and company names used herein are trademarks or registered trademarks of their respective owners. All rights reserved.
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