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Press Release

Aerohive® Enters Secure Access Management Market with Industry’s First Hybrid Cloud Authentication and Onboarding Solution

Company Release - 2/7/2018 11:55 AM ET

Innovative device provisioning, profiling, and access product provides cutting-edge functionality to securely onboard, manage, and control all types of connected devices, including IoT and BYOD

MILPITAS, Calif.--(BUSINESS WIRE)-- Aerohive Networks™ (NYSE: HIVE), a Cloud Networking leader, in a statement of direction, today announced Aerohive A3, the industry’s first hybrid cloud-access management solution, intended for release in early Q2 2018.

Aerohive A3 will provide a comprehensive portfolio of access-management functionality to enable onboarding and security for Internet of Things (IoT), BYOD and standard wired and wireless clients. The Aerohive A3 solution includes capabilities to deliver a complete, secure access solution, such as automated device provisioning, device profiling and network access control, self-service onboarding, and even guest access, all without the operational complexities associated with competing offerings.

Aerohive A3 will be compatible with network equipment from all major vendors, significantly broadening Aerohive’s market reach, and will feature unique, value-added functionality when deployed as part of the Aerohive SD-LAN / SD-WAN platform, such as integrated Private Pre-Shared Key (PPSK) management and management from Aerohive’s HiveManager®.

The Aerohive A3 solution is also unique in its ability to be deployed on-premises, akin to more traditional AAA and Access Management solutions, and, in the future, as a cloud service accessible from the Aerohive Cloud Services platform. It also will be possible to configure a combination of the two, with certain functions distributed to remote premises and others centrally managed from the public or private cloud.

Aerohive aims to deliver a complete, integrated Cloud Networking product for effective network security and client management. Combined with streamlined workflows, an intuitive UI, and Aerohive’s Cloud networking competency, Aerohive A3 will greatly simplify IoT and BYOD setup and ongoing management. While traditional solutions typically require an extensive professional services commitment, Aerohive’s offering will mitigate the need to rely on expensive professional services. Combined with very attractive pricing, customers will be able to enjoy a significantly lower total cost of ownership (TCO) for greater network access control over all devices connecting to their network.

“We recognized the sizable opportunity presented by the complexity and user experience of current access management solutions,” said Abby Strong, VP of Product Management & Product Marketing at Aerohive. “They can be grouped into two categories: complicated, and complicated and expensive. Aerohive’s offering will address the operational complexity issues, while providing superior functionality at a highly competitive price point. We are confident that our solution will quickly gain significant traction in the access management market.”

Aerohive A3 will be available Q2 2018. Contact us at info365@aerohive.com for pricing.

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 (NYSE: HIVE) enables our customers to simply and confidently connect to the information, applications, and insights they need to thrive. Our simple, scalable, and secure platform delivers mobility without limitations. For our customers worldwide, every access point is a starting point. 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 http://boundless.aerohive.com/, or become a fan on our Facebook page.

“Aerohive” and “HiveManager” are registered trademarks 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.

Aerohive Networks
Talia Malik, 408-605-2019
Manager of Corporate Communications
tmalik@aerohive.com
Twitter: @Aerohive

Source: Aerohive Networks