MRV Announces Indication of Intent to Resign by Director

Published on Tuesday, 10 January 2012 16:59 Written by TradersHuddle Staff

CHATSWORTH, Calif.-( Business Wire )-

MRV Communications, Inc. (OTCQB: MRVC) ("MRV" or the "Company"), a leading provider of optical communications network infrastructure equipment and integration and managed services, announced today that the Company was informed by Michael McConnell, a member of its Board of Directors, of his intention to resign effective January 12, 2012. As announced in a press release yesterday, the Company adjourned the vote related to director elections at its annual stockholders meeting until 9 a.m., PST, on Monday, January 16, 2012, to allow stockholders to consider the indication of intent to resign of the Company’s interim Chairman. The adjourned meeting on January 16, 2012 will be held at the Warner Center Marriott, located at 21850 Oxnard Street, Woodland Hills, California 91467. All other agenda items were acted upon in the annual meeting held yesterday, and each of the proposals received the requisite votes in favor of MRV’s Board of Directors’ recommendations. Stockholders who have already voted and do not wish to change their vote do not need to take any further action.

About MRV Communications, Inc.

MRV Communications, Inc. is a leading global provider of carrier Ethernet, wavelength division multiplexing optical transport, infrastructure management equipment and solutions, as well as network integration and managed services. MRV's solutions enable the delivery and provisioning of next-generation optical transport and carrier Ethernet services over any fiber infrastructure. MRV provides equipment and services worldwide to telecommunications service providers, enterprises, and governments, enabling network evolution and increasing efficiency, while reducing complexity and costs. Through its subsidiaries, MRV operates research and development centers in North America and Europe, along with support centers and sales offices around the world. For more information about MRV, visit http://www.mrv.com.

Investor Relations:MRV Communications, Inc.818-886-MRVC (6782)ir@mrv.comorCJP Communications for MRVThomas J. Rozycki, Jr.212-279-3115 x208trozycki@cjpcom.comorMedia Relations:MRV Communications, This e-mail address is being protected from spambots. You need JavaScript enabled to view it.