Sycamore Networks Solutions, Inc. Launches as Private Company

  Sycamore Networks Solutions, Inc. Launches as Private Company

   Marlin Equity Partners Completes Acquisition and Appoints John Scully as
                              President and CEO

Business Wire

CHELMSFORD, Mass. -- February 1, 2013

Sycamore Networks Solutions, Inc. today announced its launch as a privately
held company following Marlin Equity Partners’ (“Marlin”) acquisition of
Sycamore Networks, Inc.’s bandwidth management product and service business,
which includes industry-leading optical networking and multiservice access
solutions deployed in fixed line and mobile networks around the world. The new
Marlin entity, which will continue to use the brand name “Sycamore Networks,”
will be led by John Scully as president and chief executive officer. Most
recently, Mr. Scully served as Sycamore’s vice president of worldwide sales
and support.

“Sycamore’s carrier-class networking solutions form the critical foundation
for many of the world’s leading communications networks, and we believe the
company is well positioned to deliver enhanced value to its global customers
as it moves forward,” said Pat DiPietro, operating partner at Marlin. “We are
pleased to appoint John to the role of president and CEO, and we are committed
to providing the strategic guidance and financial resources necessary to
ensure the company’s success as it enters a new phase of growth and
innovation.”

“I am extremely honored to lead a dedicated organization with a proven track
record of technology innovation and an unwavering commitment to excellence in
customer service and support,” said Mr. Scully. “We are very excited about the
opportunities we see ahead of us, and look forward to strengthening our
relationships with current and prospective customers as we expand the features
and capabilities of our solutions portfolio.”

Mr. Scully brings over 25 years of executive leadership, sales and marketing
experience in high-growth technology companies to his new role. Prior to
joining Sycamore Networks, he served as vice president of worldwide sales and
support at Eastern Research, Inc., where he drove significant revenue growth
and market share gain for the company’s access networking solutions.
Previously, Mr. Scully held senior management positions at Test Link/Tel Link,
Datatel, Cray Communications, and Data Decisions. Mr. Scully holds a B.A. in
Communications from the University of Dayton in Dayton, Ohio.

About Sycamore Networks Solutions, Inc.

Sycamore Networks Solutions, Inc. is a provider of intelligent optical
networking and multiservice access solutions that enable fixed line and mobile
operators to improve utilization of network capacity, increase operational
efficiencies and cost-effectively transition from circuit to packet services
while ensuring the highest degree of service availability. Sycamore's global
customer base includes Tier 1 service providers, government agencies and
utility companies. For more information, please visit www.sycamorenet.com.

About Marlin Equity Partners

Marlin Equity Partners is a global private investment firm with over $1
billion of capital under management. The firm is focused on providing
corporate parents, shareholders and other stakeholders with tailored solutions
that meet their business and liquidity needs. Marlin invests in businesses
across multiple industries where its capital base, industry relationships and
extensive network of operational resources significantly strengthens a
company's outlook and enhances value. Since its inception, Marlin, through its
group of funds and related companies, has successfully completed over 60
acquisitions. The firm is headquartered in Los Angeles, California with an
additional office in London. For more information, please visit
www.marlinequity.com.

Contact:

Sycamore Networks Solutions, Inc.
Scott Larson, 978-250-3433
scott.larson@sycamorenet.com