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Varun Nagaraj Joins Echelon as Senior Vice President of Product Management and Product Marketing


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SAN JOSE, Calif.--([ BUSINESS WIRE ])--Echelon Corporation ([ NASDAQ ]:[ ELON ]) today announced the appointment of product strategist Varun Nagaraj to the position of senior vice president of product management and product marketing. Mr. Nagaraj, who has driven innovation and go-to-market effectiveness through leadership positions at Extreme Networks, PRTM Consulting, Ellacoya, HP, NetContinuum, and Aprius, will be responsible for Echelona™s product planning, strategy and outbound communications.

"Varun is joining Echelon at an important time as we drive to take advantage of increasing global demand for energy control networks from our utility and commercial customers"

aVarun is joining Echelon at an important time as we drive to take advantage of increasing global demand for energy control networks from our utility and commercial customers,a said Ron Sege, Echelona™s president and CEO. aVaruna™s operational and strategic breadth across systems, software and hardware, as well as his product vision and go-to-market execution, will be invaluable as we build on the market-leading reliability, survivability and performance of our energy control solutions.a

Varun brings more than 20 years of high-tech product planning and strategy success and experience to Echelon. Varun was the CEO of NetContinuum (acquired by Barracuda Networks), served as EVP of Marketing and Customer Operations for Ellacoya (acquired by Arbor Networks), and was VP of Product Management and Marketing at Extreme Networks. Varun was previously a Partner at PRTM, a leading management consulting company focused on product and operations strategy. Varun started his career at HP. He received a B.S.E.E. from IIT Bombay, an M.S. in Computer Engineering from North Carolina State University, and an M.B.A. from Boston University.

About Echelon Corporation

Echelon Corporation ([ NASDAQ ]: [ ELON ]) is the world's leading open-standard energy control networking company. Echelon technologies connect more than 35 million homes, 300,000 buildings and 100 million devices to the smart grid, and help customers save 20% or more on their energy usage. With more than 20 years of experience in energy control, Echelon delivers a wide range of innovative solutions to commercial and electric utility customers. More information about Echelon can be found at [ http://www.echelon.com ].

Echelon, LonWorks, and the Echelon logo are registered trademarks of Echelon Corporation registered in the United States and other countries. Other product or service names mentioned herein are the trademarks of their respective owners.

This press release contains statements relating to future plans, events or performance, and the expected growth in the market for Echelon's products. Such statements may involve risks and uncertainties, including risks associated with uncertainties pertaining to market demand for, and acceptance of, Echelon's products and the timing and level of customer orders; risks that Echelon offerings do not perform as designed and that liability may accrue as a result; and other risks identified in Echelon's SEC filings. Actual results, events and performance may differ materially. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. Echelon undertakes no obligation to release publicly the result of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.


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