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Ixia Chief Executive To Resign; Victor Alston Named New CEO

Ixia (XXIA), a wireless network test solutions provider, said Monday that its Chief Executive Officer, Atul Bhatnagar, will quit the company as of date of the annual shareholders meet scheduled on May 10 and will not contest for reelection to the board. Victor Alston will succeed Bhatnagar as ceo and president on his departure from the company.

Alston joined IXIA in 2004 and has been serving as Senior Vice President, Product Development since June 2007.

The company noted that Victor Alston has been appointed as Chief Operating Officer of the company and also said that Alston will contest for election to the Board of Directors at the annual meet.

Errol Ginsberg, chairman of the Board, noted that for the first quarter of 2012, the company expects revenues to be in line with the previously stated guidance of $82 million to $85 million.

by RTT Staff Writer

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