Ruckus Wireless Named Fast by Fast Company

Publication’s 10th Anniversary Edition Recognizes The Companies, People and Technologies Expected to Have the Biggest Impact Over the Next Decade

MOUNTAIN VIEW, CA, February 21, 2006 – This year, you have to be more than just fast to be included in Fast Company magazine’s “Fast 50,” according to Ms. Selina Lo, president and CEO of Ruckus Wireless, Inc. You have to be a true visionary that is actually moving the market.

Ms. Lo and her new company, Ruckus Wireless, were named today to the national magazine’s annual list that recognizes ordinary people doing extraordinary things. Far from ordinary and extraordinary in all manners of being, Ms. Lo leads a new startup credited with developing the world’s first product and technology, dubbed “smart Wi-Fi,” that allows digital TV to be reliably transmitted over standard Wi-Fi throughout the home.

The annual “Fast 50” is Fast Company’s prestigious recognition of 50 leaders, innovators, and technology pioneers – passionate people with big ideas and strong convictions who are determined to make a difference. In celebration of the magazine’s 10th anniversary, the fifth annual “Fast 50” spotlights leading creative thinkers – individuals who have already made significant accomplishments but whose best is yet to come, and who stand to have a significant impact on the next 10 years.

The awards are based on a combination of reader feedback and selections made by magazine editors. Ruckus was selected as a stand-out among several thousand companies that were nominated.

Born and raised in Hong Kong, Ms. Lo is incredibly driven and has a keen ability to identify and capture new markets. Her unique management style has garnered unfettered loyalty from employees, many of whom follow her from company to company – despite her maniacal lifestyle.

Ms. Lo helped start Ruckus Wireless with founder Bill Kish and Victor Shtrom only after a frustrating experience she had with a television. Wanting to add a second TV in her bedroom, Ms. Lo found that it would take weeks to re-cable her home, leaving holes to fix and exposed wires. And the cost of re-wiring eclipsed the cost of the new plasma TV. “I couldn’t even mount the TV where I wanted. I thought with all the technology here in Silicon Valley, there has to be a solution. So I went looking.”

Widely acknowledged for her expertise in building and marketing high technology networking startups, Ms. Lo, by the age of 40, had successfully built and sold two highly profitable businesses. Most recently, she was responsible for Alteon WebSystems™ success in market and category creation, and then went on to help the company to an initial public offering and ultimately to a purchase by Nortel Networks in July 2000 for US $7.8 billion.

“It’s no surprise that Ruckus Wireless has been named to the ‘Fast 50,’” said Dominic Orr, chairman of the board of Ruckus Wireless and Aruba Networks and former president and CEO of Alteon WebSystems. “Having worked alongside Selina and many of the engineers at Ruckus, I can honestly say that Ruckus is as fast as they come. They are literally doing to the home networking market what their name implies.”

Ruckus Wireless recently announced that it had developed the first in-home Wi-Fi system capable of reliably transporting digital TV signals over standard Wi-Fi throughout the home. According to many analysts, in-home networking has become one of the biggest unresolved problems facing the rollout and delivery of new digital broadband services to consumers.

“Some people call me ruthless. Some people say I have an unusual cause. But frankly, what matters most to me is that we make it easier for people to work and play,” said Ms. Lo. “When I tried to set up a plasma TV in my home, I learned first-hand how challenging it is to have a home theater. I wanted to solve that problem for people, and also address the problems that will arise as consumer electronics and the broadband Internet converge. All the IP-based or on-demand services in the world won’t matter if people can’t view content wherever they are in their home – effortlessly and painlessly. That’s what Ruckus is all about.”