Extreme Networks Board Of Directors Recommends A Vote Against Shareholder Proposal

The Board of Directors (the "Board") of Extreme Networks, Inc. EXTR today reiterated its recommendation that shareholders vote AGAINST the shareholder proposal requesting the redemption of the rights issued pursuant to the company's Rights Plan. The Board continues to believe the Rights Plan is being prudently used to protect the Company's substantial net operating losses ("NOL") position, which as of July 3, 2011, was $262.1M and $92.3.M, for federal and state tax purposes respectively. In April 2011, the Company amended its Rights Plan to, among other things, include provisions designed to retain the Company's NOL and prevent changes in the company's stockholder base from inadvertently impairing the value of the Company's substantial NOLs and thereby materially diminishing the enterprise value of the Company for stockholders. In addition, the Company changed the Rights Plan to an annual plan so that the current Board can reassess the Rights Plan and determine whether to extend or terminate it each year. This action was taken in consultation with legal and tax advisors and performed in a deliberate, thoughtful manner and in furtherance of our Board's fiduciary duties to protect stockholder value.