Extreme Networks (EXTR) 8-K Amendments to Articles of Incorporation or Bylaws

©

2010 Extreme Networks, Inc. All rights reserved.

Annual Stockholder Meeting

Oscar Rodriguez,  President & CEO

Dec 15, 2010

Exhibit 99.1

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2010 Extreme Networks, Inc. All rights reserved.

1960s

1970s

1980s

1990s

2000s

2010s

2020s

Minicomputer

(10M+ units)

Mainframe

(1M+ units)

The World is Changing

Adopted from Morgan Stanley Technology Adoption Life Cycle

A New Enterprise

•Inflection point around device ownership

•700% growth in ATPU over the next 3-5 yrs

•Truly anywhere, anytime, any-device access

•Proximity and scale driving content mobility

2

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2010 Extreme Networks, Inc. All rights reserved.

1960s

1970s

1980s

1990s

2000s

2010s

2020s

The World is Changing

Global Industry Analysts; Gartner; Sand Hill Group; Mimecast

A New Enterprise

•Inflection point around device ownership

•700% growth in ATPU over the next 3-5 yrs

•Truly anywhere, anytime, any-device access

•Proximity and scale driving content mobility

3

The Cloud in 2015

•Cloud Services hit $225B

•Enterprises spend $112B on “xAAS”

•Up to 30% of IT Enterprise spending

•Over 50% of organizations use cloud

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2010 Extreme Networks, Inc. All rights reserved.

4

Dynamic

Dynamic

Mobile

Mobile

Engaged

Engaged

Sustainable

Sustainable

Elastic

Elastic

Open

Open

CIO’s Requirements are Evolving

Static Environment

Static Environment

Fixed workforce

Fixed workforce

Passive Infrastructure

Passive Infrastructure

Endless kHw power

Endless kHw power

In-house compute

In-house compute

Closed solutions

Closed solutions

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2010 Extreme Networks, Inc. All rights reserved.

5

The Extreme Networks Solution

Smooth integration into your

customer’s environment

Dynamic

Mobile

Engaged

Sustainable

Elastic

Open

Open

Open

Architecture

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2010 Extreme Networks, Inc. All rights reserved.

6

The Extreme Networks Solution

A Data Center progression from

Physical to Virtual to Cloud

Dynamic

Mobile

Engaged

Sustainable

Elastic

Elastic

Open

Elastic Flexibility

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2010 Extreme Networks, Inc. All rights reserved.

7

The Extreme Networks Solution

A solid roadmap to a converged

LAN and WLAN

Dynamic

Mobile

Mobile

Engaged

Sustainable

Elastic

Open

Mobile Workforce

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2010 Extreme Networks, Inc. All rights reserved.

8

The Extreme Networks Solution

Networking that has transitioned

from static to dynamic

Dynamic

Mobile

Engaged

Sustainable

Elastic

Open

Robust Product Portfolio

Data Center

XNV™

ExtremeXOS

®

Network

Virtualization

Dynamic Solutions

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2010 Extreme Networks, Inc. All rights reserved.

9

The Extreme Networks Solution

A network that is aware of user,

device and application

Dynamic

Mobile

Engaged

Sustainable

Elastic

Open

Engaged

Technology

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2010 Extreme Networks, Inc. All rights reserved.

10

The Extreme Networks Solution

Greener by design.

Greener through automation.

Dynamic

Mobile

Engaged

Sustainable

Sustainable

Elastic

Open

AIR FLOW

AIR FLOW

AIR FLOW

AIR FLOW

BlackDiamond

®

8810

Catalyst 6509

Sustainable

Infrastructure

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2010 Extreme Networks, Inc. All rights reserved.

ExtremeXOS

Embedded

Security

(e.g. DoS, IP

Spoof, ARP)

Identity and

Role-based

Networking

Wireless

Convergence

Extreme Switching

Infrastructure

Device

Management

Identity

Reporting

Role Based

Network

Management

Application

Monitoring

Differentiation through Software

11

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2010 Extreme Networks, Inc. All rights reserved.

12

Supporting the world’s most demanding customers

Worldwide customers

Moving the “Big Bang”

The Human Genome Project

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2010 Extreme Networks, Inc. All rights reserved.

13

Dynamic

Dynamic

Mobile

Mobile

Engaged

Engaged

Sustainable

Sustainable

Elastic

Elastic

Open

Open

Static Environment

Static Environment

Fixed workforce

Fixed workforce

Passive Infrastructure

Passive Infrastructure

Endless kHw power

Endless kHw power

In-house compute

In-house compute

Closed solutions

Closed solutions

Worldwide solutions

©

2010 Extreme Networks, Inc. All rights reserved.

14

Investment Thesis

Serving growing markets

Solutions for Emerging Ethernet Markets

Breaking price/perf

boundaries

Sales & Support with worldwide reach

Serving 4 of the top 6 mobile NEPs

Market price-leading 40Gb technology

Established two-tier distribution structure

Logistics centers close to growth markets

Common OS across the portfolio

Debt free; growing cash position

Positioned for accelerating earnings

and cash flow

Focused

Proven

Scalable

Viable

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2010 Extreme Networks, Inc. All rights reserved.

Financial Model

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2010 Extreme Networks Inc. All rights reserved 

15

Gross Margin of 57%-59%

Research & Development of 13%-14%

Sales & Marketing of 25%-26%

General & Administrative of 7%-8%

Operating Income of ~11%

©

2010 Extreme Networks, Inc. All rights reserved.

Risk on Forward-Looking Statements

16

This presentation contains forward-looking statements that involve risks and

uncertainties, including statements regarding the Company’s financial performance,

acceptance of the Company’s newer products in the market and its expectations

regarding its products.  Actual results could differ materially from those projected in

the forward-looking statements as a result of certain risk factors, including, but not

limited to: a challenging macro-economic environment both in the United States and

overseas; fluctuations in demand for the Company’s products and services; a highly

competitive business environment for network switching equipment; its effectiveness

in controlling expenses, the possibility that the Company might experience delays in

the development of new technology and products; customer response to its new

technology and products; the timing of any recovery in the global economy; risks

related to pending or future litigation, and a dependency on third parties for certain

components and for the manufacturing of the Company’s products.  The Company

undertakes no obligation to update the forward-looking information in this release. 

More information about potential factors that could affect the Company’s business

and financial results is included in its filings with the Securities and Exchange

Commission, including, without limitation, under the captions: “Management’s

Discussion and Analysis of Financial Condition and Results of Operations,”

and “Risk

Factors,”

which are on file with the Securities and Exchange Commission.”

©

2010 Extreme Networks, Inc. All rights reserved.

Thank you