Meru Networks Announces Proposed Public Offering of Common Stock

       Meru Networks Announces Proposed Public Offering of Common Stock

PR Newswire

SUNNYVALE, Calif., Feb. 26, 2013

SUNNYVALE, Calif., Feb. 26, 2013 /PRNewswire/ --Meru Networks, Inc. (NASDAQ:
MERU) today announced that it commenced a public offering of its common stock.
Meru expects to grant the underwriter a 30-day option to purchase up to an
additional 15% of the shares of common stock offered in the public offering
solely to cover overallotments, if any. The offering is subject to market
conditions and there can be no assurance as to whether or when the offering
may be completed, or as to the actual size or terms of the offering. William
Blair & Company, L.L.C. is acting as the sole underwriter.

(Logo: http://photos.prnewswire.com/prnh/20100621/SF23611LOGO)

The offering is being made to purchasers pursuant to an effective shelf
registration statement filed with the Securities and Exchange Commission, or
SEC. A preliminary prospectus supplement and accompanying prospectus
describing the terms of the offering will be filed with the SEC. When
available, copies of the preliminary prospectus supplement and accompanying
prospectus may be obtained by contacting William Blair & Company, L.L.C. at
222 West Adams Street, Chicago, IL 60606, Attention: Prospectus Department, by
telephone at (800) 621-0687 or by email at prospectus@williamblair.com.
Electronic copies of the preliminary prospectus supplement and accompanying
prospectus will also be available on the website of the SEC at
http://www.sec.gov. 

This press release does not constitute an offer to sell or the solicitation of
an offer to buy shares of common stock of Meru Networks, nor shall there be
any sale of these securities in any state or jurisdiction in which such an
offer, solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any such state or jurisdiction.

About Meru Networks

Meru Networks (NASDAQ: MERU) designs, develops, and distributes virtualized
wireless LAN solutions that provide enterprises with the performance,
reliability, predictability and operational simplicity of a wired network with
the advantages of mobility. Meru Networks eliminates the deficiencies of
multichannel, client-controlled architectures with its innovative,
single-channel, virtualized network architecture that easily handles device
density and diversity. Meru's wireless LAN solutions are deployed in major
vertical industries, including Fortune 500 businesses, education, hospitality,
healthcare and retail supply chain. Founded in 2002, Meru is headquartered in
Sunnyvale, Calif., with operations in North America, Europe, the Middle East
and Asia Pacific. Visit www.merunetworks.com or call (408) 215-5300 for more
information.

Forward Looking Statements

This news release contains forward-looking statements within the meaning of
the "safe harbor" provisions of the Private Securities Litigation Reform Act
of 1995, including, but not limited to, Meru's intention to conduct a public
offering of common stock. All statements other than statements of historical
fact are statements that could be deemed forward-looking statements. These
statements are based on management's current expectations and beliefs and are
subject to a number of risks, uncertainties and assumptions that could cause
actual results to differ materially from those described in the
forward-looking statements, including, among others, the ability to manage
successfully and complete the public offering, the general economic and/or
market conditions and the factors set forth in the Meru Network's filings with
the SEC, including Meru Network's Quarterly Report on Form 10-Q for the
quarter ended September 30, 2012 and the preliminary prospectus supplement
related to this public offering. Meru Networks undertakes no obligation to
update the forward-looking statements contained herein or to reflect events or
circumstances occurring after the date hereof, other than as may be required
by applicable law.

Press Contact:
Parallax Public Relations for Meru Networks
Wilson Craig
+1 408 516 6182
wilson@parallaxpr.com

SOURCE Meru Networks, Inc.

Website: http://www.merunetworks.com
 
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