March Networks Shareholders Approve Arrangement with Infinova Canada

March Networks announced that, at a special meeting of shareholders held, the shareholders of March Networks Corporation (“March Networks”) voted to approve the previously announced arrangement under the Canada Business Corporations Act (the “Arrangement”) pursuant to which Infinova (Canada) an indirect wholly-owned Canadian subsidiary of Shenzhen Infinova. (“Shenzhen Infinova”), will acquire all of the issued and outstanding common shares of March Networks for C$5.00 per share in cash.

Shareholders holding approximately 62.70 percent of the outstanding common shares of March Networks were represented in person or by proxy at the Meeting. Approximately 98.15 percent of the common shares voted at the Meeting were voted in favour of the special resolution approving the Arrangement. This vote included a majority of the votes cast excluding the votes that were required to be excluded under applicable Canadian securities laws. In addition, approximately 98.15 percent of the common shares voted at the Meeting were voted in favour of the special resolution approving a $24,765,000 reduction in the stated capital account for the common shares. These approvals satisfy the condition precedent in the arrangement agreement made as of December 8, 2011 among March Networks, Infinova Canada and Shenzhen Infinova (the “Arrangement Agreement”) that the Arrangement be approved by shareholders of March Networks.

A final order approving the Arrangement will be sought from the Ontario Superior Court of Justice at a hearing scheduled to be held on Friday, March 23, 2012 in Toronto. Assuming this final order is obtained and all remaining conditions under the Arrangement Agreement are satisfied or waived (where permitted), the Arrangement is expected to become effective in late March or in April, 2012. The common shares will be de-listed from the Toronto Stock Exchange following completion of the Arrangement.