Actelis Networks Names Vivek Ragavan Chief Executive Officer and President

Actelis Co-founder Tuvia Barlev remains as Executive Chairman of the Board.

FREMONT, April 26, 2010 - Actelis Networks®, the leading global supplier of Ethernet over copper solutions,today announced the Actelis Networks Board of Directors has unanimously appointed Vivek Ragavan as the company’s new chief executive officer and president. Ragavan, 57, is a highly respected network industry veteran and seasoned entrepreneur with more than 25 years of high-technology leadership experience in the telecommunications industry. Prior to joining Actelis, Ragavan served as CEO at Atrica Inc., and Redback Networks, which, under his leadership, was awarded the #1 spot in the Forbes ASAP Ramp Champs list of 20 fastest growing companies in 2000. Other executive positions include CEO at Siara Systems, president of the residential broadband group at ADC Telecommunications, and vice president of engineering at General Instrument. The appointment is effective April 26.

“I am excited to join the telecom industry’s number one global provider of Ethernet over copper solutions,” said Ragavan. “Actelis has a rich tradition of listening to the needs of its valued customers and then developing innovative solutions that exceed their evolving and diverse requirements. The company is well positioned to expand and take advantage of the growing adoption of Ethernet solutions in the marketplace, as service providers seek pragmatic, future-proof solutions that will deliver the next generation of mobile and business-class broadband services.”

Tuvia Barlev, 48, has served as the long-standing CEO and president at Actelis, leading the start-up company from product inception to the global market leadership position it firmly holds today. He will remain active with the company as executive chairman of the board.

“With Actelis enjoying rapid growth across multiple verticals markets, we believe that Vivek is the ideal person to successfully lead Actelis into the future, as the company continues to experience exceptional growth across the Americas, Europe and Asia,” said Barlev. “Vivek brings the management and leadership experience necessary to continue the company’s growth trajectory, along with his strong background in networking technologies. I look forward to working with Vivek in leading Actelis during this exciting time for our company.”

Barlev co-founded Actelis Networks in 1998, along with current board director Kamran Elahian. As CEO and president of Actelis, Barlev created a culture of pioneering innovation, bringing to market industry-leading Ethernet technologies and products that are now deployed by more than 200 service providers across 40 countries.