Aerohive® Announces Industry’s First Family of Enterprise 802.11ax Access Points

Milpitas, Calif. — January 25, 2018 — Aerohive Networks® (NYSE: HIVE), a Cloud Networking leader, in a statement of direction today announced the industry’s first family of enterprise 802.11ax access points. Aerohive intends to deliver three new models in mid 2018. The new 802.11ax Wi-Fi access points – AP630, AP650, and AP650X – are 802.11ax-capable as well as being fully compatible with existing Wi-Fi devices.

Today, people expect to be connected to work, family, and friends anywhere, anytime, and any place with a high percentage of that connected time on Wi-Fi. With the advent of 802.11ax, Wi-Fi is finally becoming smarter, not just faster, as was the case with previous generations. 802.11ax, compared to previous generations, will be better balanced with nearly equivalent upload and download performance; 802.11ax will handle client density more efficiently through a new channel sharing capability; 802.11ax will improve battery life using wake-time scheduling that enables access points to tell clients when to go to sleep to preserve energy; and 802.11ax efficiency improvements will deliver at least 4x more throughput than 802.11ac.

Aerohive’s 802.11ax access points will launch with a new compact industrial design, enabling them to blend in with any décor, and will be ceiling-mounted using a push—and-twist, easy on/off, multi-ceiling-rail-compatible bracket. Initial installation using the new bracket takes less than one minute and removal can be accomplished in a matter of seconds. The Aerohive 802.11ax AP650 and 650X will both be equipped with Aerohive’s unique software-defined, dual-5 GHz radios along with 802.3bz backhaul connectivity. The AP650X will come with an extended temperature range and external antennas for hard-to-reach and industrial-usage situations. All three of Aerohive’s 802.11ax access points will have integrated BLE and USB connectivity for enhanced location-driven services and the ability to provide additional wireless access options for IoT and other devices.

Visit Aerohive.com/80211ax for more details.

Pricing and Availability

The AP630 will be offered at $1,199, commercial list price
The AP650 and AP650X will be offered at $1,399, commercial list price
All products will begin shipping in mid 2018


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: 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 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 uses Cloud Management, Machine Learning, and Artificial Intelligence to radically simplify and secure the Access Network. Our Cloud-Managed Wireless, Switching, Routing, and Security technologies provide unrivalled flexibility in deployment, management, and licensing. Credited with pioneering Controller-less Wi-Fi and Cloud Management, Aerohive delivers continuous innovation at Cloud-speed that constantly challenges the industry norm, allowing customers to rethink what’s possible. Our innovations and global cloud footprint radically simplify Access Network operation for 30,000+ customers and 10+ million daily users. See how at www.aerohive.com/customers.

Aerohive was founded in 2006 and is headquartered in Milpitas, CA. For more information, please visit www.aerohive.com, call us at 408-510-6100, follow us on Twitter @Aerohive, subscribe to our blog, or become a fan on our Facebook page.

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