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Press Release -- July 28th, 2014
Source: Masergy Communications
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MRV Appoints Jeannie H. Diefenderfer to Its Board of Directors

CHATSWORTH, Calif.--(BUSINESS WIRE)--Jul. 28, 2014-- MRV Communications (NASDAQ:MRVC), a global provider in converged packet and optical solutions that empower the optical edge and network integration services for leading communications service providers, announced its board of directors appointedJeannie H. Diefenderfer to the board effectiveJuly 24, 2014, increasing the membership to six directors.

Ken Traub, MRV’s Chairman of the Board, commented, “We are delighted to welcome Jeannie to the board and look forward to the significant contributions and insights she will bring to the company. MRV is well positioned to capitalize on the global network transformation as we have invested in a series of new and sophisticated product and service offerings for the metro network edge, cloud and data center markets. We are confident Jeannie’s extensive experience and domain expertise will be invaluable as we refine and execute our strategies for building shareholder value.”

“I am very excited to be joining the MRV board as the company moves to the next phase of its transition,” said Diefenderfer. “I have been impressed with the team and look forward to working with management as MRV is developing an increasingly important position in the evolving communications market.”

Dave Stehlin, MRV’s chief executive officer, said “In the past twelve months, we have taken important steps and introduced two strategic new products: the OptiDriverTM optical transport platform and OptiPacketTM metro service edge platform. Additionally, we made key changes to our customer facing team as we position the company for accelerated growth. Jeannie’s insights and counsel will provide us great value as we continue to execute on our plan.”

Jeannie H. Diefenderfer

Ms. Diefenderfer is a globally respected telecommunications executive and expert in communications networks. As Chief Procurement Officer of Verizon Communications, she managed a $10 billion plus annual purchasing program. Also, as Senior Vice President of Global Engineering and Planning, she implemented a network capital program of over $10 billion to expand Verizon’s global backbone network across six continents, as well as its nationally renowned FiOS network.

Ms. Diefenderfer is a member of the Accenture Network Advisory Council and is a Trustee of Tufts University. Recently, she served as the Vice Chair of the board of the Ms. Foundation for Women. From 2001 to 2008, Ms. Diefenderfer was a member of the board of Independent Trustees at Citizens Funds, an SRI mutual fund complex, based in Portsmouth, NH. Internal to Verizon, she has served on the boards of several Employee Resource Groups.

Ms. Diefenderfer was featured in the 1999 Crain's New York Business "40 under 40," as one of 40 young "rising stars" and was a member of the 1999 class of the David Rockefeller Fellows Program. In addition, she received the 1999 Corporate Achievement Award from the Organization of Chinese Americans and the 2001 Star Award from the New York Women's Agenda. A native of Seoul, South Korea, Ms. Diefenderfer immigrated to the US when she was 13 years old. She holds a BS in Chemical Engineering from Tufts University, and an MBA from Babson College.

About MRV Communications

MRV Communications is a global provider in converged packet and optical solutions that empower the optical edge and network integration services for leading communications service providers. For more than two decades, the most demanding service providers, Fortune 1000 companies and governments worldwide have trusted MRV to provide best-in-class solutions and services for their mission-critical networks. We help our customers overcome the challenge of orchestrating the ever-increasing need for capacity while improving service delivery and lowering network costs for critical applications such as cloud connectivity, high-capacity business services, mobile backhaul and data center connectivity. For more information please visit www.mrv.com.

Source: MRV Communications

IR Contact:
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ir@mrv.com

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