Dune Networks Announced 5th Consecutive Year of High Revenues' Growth and 2009 Profitability

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Thu Oct 29, 2009 8:00am EDT

  SUNNYVALE, CA, Oct 29 (MARKET WIRE) -- 
Dune Networks, a provider of networking devices for Metro Ethernet,
Enterprise and Data Center platforms, today announced that the company is
on track to complete their 5th consecutive year with a compounded YoY
growth of 50%. The company further reported it is on course to end the
2009 fiscal year with a profit.

    "Since we started selling our products in early 2004, we have established
ourselves as a leading switching market supplier," said Eyal Dagan, CEO of
Dune Networks. "Our revenues, growth, and profitability have fueled
accelerated delivery of new products and solutions."

    "Despite current global economic challenges, Dune had a record-breaking
fiscal year," said Nir Ackerman, CFO of Dune Networks: "For the 5th year
in a row, we achieved our growth and revenue targets, and at the same time
increased our pipeline of designs."

    ABOUT DUNE NETWORKS

    Dune Networks (www.dunenetworks.com) is a semiconductor supplier of
networking devices, facilitating the build of Data Center, Enterprise and
Carrier Ethernet Solutions. Dune provides a switching solution that truly
scales in capacity, port rate, and service scheme. This extends the life
cycle of packet platforms from the legacy 3 years up to 10 years and more,
revolutionizing the economics of packet networks. Founded in the year
2000, Dune offices are located in Sunnyvale, California and in Yakum,
Israel.

    Copyright Copyright 2009 Dune. All Rights Reserved.

    PETRA, SPAUI, SAND, FAP10M, FAP10/20V, FE, FE200, FE600, Negev, and Gobi
are all trademarks and the property of Dune. All other trademarks are the
property of their respective owners.

    

DUNE MEDIA CONTACT
Dune Networks
Philip Hyams
Marcom Manager
In Israel call: +972-77-777-5222 ext: 5958
In the US call: 1-408-738-3322
Email: Email Contact

Copyright 2009, Market Wire, All rights reserved.

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