SOURCE: Dune Networks

Dune Networks

October 29, 2009 08:00 ET

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

The Company Reported a Compounded YoY Growth of 50% for the Last 5 Years

SUNNYVALE, CA--(Marketwire - October 29, 2009) - 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 © 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.

Contact Information

  • 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