Aerohive® to Exhibit Latest Innovations in Hospitality and Sustainability at HITEC Minneapolis

MILPITAS, Calif.–(BUSINESS WIRE)–#AerohiveAerohive
Networks® (NYSE: HIVE)
, a leader in cloud-managed networking, will
be showcasing its latest hospitality innovations at HITEC
Minneapolis
from June 17th-20th. As the
world’s largest hospitality technology show, HITEC combines the
brightest minds and the most innovative technologies from around the
world into one exposition featuring over 365 companies.

Aerohive is transforming hospitality networks from a commodity to a
business-critical tool through its solutions focused on business
intelligence, cost reduction and sustainability. Having built a 3rd
generation cloud architecture powered by machine learning and AI,
Aerohive is vowing to help the hospitality industry better serve and
understand customers, successfully integrate IoT building control
systems, and dramatically lower energy costs. Aerohive’s
microservices-based platform, which collects, analyzes, and interprets
millions of data points per second will be exhibited at HITEC. Attendees
will witness the powerful new IT and business insights and actions it
generates, including:

  • Cloud Traffic Analysis – Determine and shape customer mobile
    device behavior as they navigate the premises
  • Business-Focused APIs – Enable hotels to extract and integrate
    multiple data sources into customized guest engagement, property
    management, and operational systems and services
  • IoT Sensor Security and Onboarding – Coupled with cloud
    intelligence to offer new and differentiated guest and back-of-house
    services while providing increased building efficiency and security
  • Centralized Data Intelligence and Tools – Streamline the
    provisioning, monitoring, and support of customer networks for MSPs
  • Location and Proximity Services – Identify guest and staff
    movement patterns to support marketing targeting and estate planning

As part of the effort to promote sustainability and green technology
within the hospitality industry, and smart, clean, and resilient energy
for hotels, Aerohive will also be unveiling a partnership with Clean
Energy Economy Minnesota (CEEM)
at the conference. In lieu of booth
giveaways, Aerohive will be making a financial donation to CEEM to
support their efforts in the building of a clean energy ecosystem in
Minnesota.

HITEC attendees can stop by Booth #2715 for a demo of Aerohive’s
complete cloud-enabled business intelligence tools and guest services
for hospitality providers and guests.

About Clean Energy Economy Minnesota (CEEM): CEEM is an
industry-led, non-profit organization dedicated to strengthening
Minnesota’s clean energy business ecosystem. CEEM provides a unified
voice for clean energy business across the state. Our mission is to
provide educational leadership, collaboration, and policy analysis that
accelerates clean energy market growth and smart energy policies. Learn
more at https://www.cleanenergyeconomymn.org/
or follow us on Twitter at @cleanenergymn.

About Aerohive Networks

Aerohive uses Cloud Management, Machine Learning, and Artificial
Intelligence to radically simplify and secure the Access Network. Our
Cloud-Managed Wireless, Switching, Routing, and Security technologies
provide unrivalled flexibility in deployment, management, and licensing.
Credited with pioneering Controller-less Wi-Fi and Cloud Management,
Aerohive delivers continuous innovation at Cloud-speed that constantly
challenges the industry norm, allowing customers to rethink what’s
possible. Our innovations and global cloud footprint radically simplify
Access Network operation for 30,000+ customers and 10+ million daily
users. See how at www.aerohive.com/customers.

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,
or become a fan on our Facebook
page
.

Safe Harbor Statement

This press release contains forward-looking statements, including
statements regarding 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.

“Aerohive” and “Aerohive Networks” are registered trademarks of Aerohive
Networks, Inc. All product and company names used herein are trademarks
or registered trademarks of their respective owners. All rights reserved.

Contacts

Aerohive Networks
Talia Malik
Manager of Corporate
Communications
408.605.2019
[email protected]
Twitter:
@Aerohive

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