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FORCE10 NETWORKS APPOINTS FINANCE AND NETWORKING INDUSTRY VETERAN RALPH HARMS CHIEF FINANCIAL OFFICER
MILPITAS, Calif., February 9, 2004 — Force10 Networks, a pioneer in scalable resiliency for high performance switching and routing, today announced that it has appointed Ralph Harms chief financial officer. Harms, who has more than 25 years of networking and finance experience, will direct Force10’s financial resources and manage revenue growth as the company expands into new markets around the world.
“Ralph has a wealth of experience with both public and private companies, and he has an established track record managing revenue growth, establishing financial controls and successfully directing funding efforts,” said Marc Randall, president and chief executive officer of Force10 Networks. “As Force10 continues to grow, Ralph’s knowledge of the industry and the financial markets will be invaluable.”
As chief financial officer, Harms has led four initial public offerings, including Autonomy Corporation, Flycast Networks and ESS Technology. Harms has a long and distinguished record of protecting shareholder interests through prudent financial management, strategic business guidance and systems development.
“Force10 has the products, the customers and the respect a company needs to succeed in this industry,” said Ralph Harms, Force10’s chief financial officer. “As Force10 continues its global expansion campaign, the opportunity to direct and expand the company’s financial future is extremely exciting.”
Harms received his BSEE from Michigan State University and holds an MBA in finance and accounting from the University of Michigan.
Contact:
Peter Ruzicka
Force10 Networks Inc.
408-965-5151
pruzicka@force10networks.com
Contact:
Jennifer Arculeo
Force10 Networks Inc.
408-965-5194
jarculeo@force10networks.com
About Force10 Networks
Force10 Networks is the pioneer in building and securing high performance networks. Based on a revolutionary system architecture that delivers best-in-class resiliency and massive scalability, Force10’s TeraScale E-Series switch/routers ensure predictable application performance, increase network availability, and reduce operating costs. Today, many of the world’s largest Gigabit Ethernet and 10 Gigabit Ethernet networks depend on Force10 Networks. For additional information, please visit www.force10networks.com.
Force10 Networks and E-Series are registered trademarks, and P-Series, S-Series, TeraScale and FTOS are trademarks of Force10 Networks, Inc. All other company names are trademarks of their respective holders.