[August 31, 2017]

Aerohive and WAV Partner to Address Growing Demand for Cloud Networking Solutions for Integrators, MSP, and Hospitality Service Providers

Aerohive Networks® (NYSE: HIVE), innovator of Cloud Networking Management and Services, and WAV, Inc., a value-added distributor of world-class networking technologies, today announced that the companies have joined forces to deliver a best-in-class, cloud-managed WLAN solution to integrators and managed service providers across a variety of vertical markets.

News Facts

• WAV is a full-service, value-added distributor of networking, WLAN, LTE (News - Alert) and licensed and unlicensed microwave broadband technology. Located in Aurora, Ill., WAV offers unmatched technical expertise to its partners. WAV (News - Alert) provides its partners a competitive edge by offering extensive product knowledge, support for multi-vendor solutions, as well as professional value-added services for its customer base.
• By collaborating with WAV, Aerohive (News - Alert) is able to extend its distribution channel to effectively support integrators, MSPs and, by extension, end customers in hospitality and WISP (Wireless Internet Service Provider), education, and MDU vertical markets.
• Aerohive's distribution agreement with WAV will further accelerate the uptake that Aerohive is experiencing with service providers, due to its widening product portfolio, flexible business terms, and unmatched scale and flexibility.

Comments

"We are excited to add Aerohive to our portfolio of vendors. With Aerohive's innovative Cloud Networking platform and tiered solution offering, service providers will be able to provide high-quality WLAN service to their customers," said Bob Nelson, chief operating officer, WAV, Inc. "Customers will be thrilled with the enterprise-grade, cloud managed, yet highly affordable Connect solution, while mid-market and enterprise customers look forward to the innovative, advanced features of the Select solution. Combined with seamless scalability of the solution, and a complete range of next-generation access points and switches, Aerohive provides added value across the board, for service providers and end customers alike."

"The markets we are entering have, until recently, been served by either a handful of low-end, low-cost offerings, or stagnating enterprise solutions that are failing to evolve with Service Provider and customer needs," said Ron Gill, vice president of Americas sales, Aerohive Networks. "Both Service Providers and their customers now expect more as connectivity becomes increasingly essential when on the move. Aerohive provides a platform for Service Providers to grow their businesses and deliver the best experiences to their customers."

Resources

• Aerohive Creates a Ruckus in the Hospitality Wi-Fi Market with Advanced Service Provider Platform
• Aerohive's Hospitality Solution
• Aerohive's Channel Hub

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: 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

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 Milpitas, CA (News - Alert). For more information, please visit www.aerohive.com, call us at 408-510-6100, follow us on Twitter @Aerohive, subscribe to our blog http://boundless.aerohive.com/, or become a fan on our Facebook page.

"Aerohive" is a registered trademark and "Aerohive Connect" and "Aerohive Select" are trademarks of Aerohive Networks, Inc. All product and company names used herein are trademarks or registered trademarks of their respective owners. All rights reserved.

View source version on businesswire.com: http://www.businesswire.com/news/home/20170831005566/en/

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