Bowen Advisors serves as M&A Advisor to IntelliNet

BOSTON, February 22, 2012 – Bowen Advisors, a leading boutique investment bank focused on communications technology and IT companies, is pleased to announce that IntelliNet Technologies, a leading provider of network convergence solutions that accelerate the deployment of next generation applications and services, has been acquired by Ruckus Wireless, a supplier of advanced wireless systems for the mobile Internetworking market. In the deal, Bowen Advisors provided M&A advisory services to IntelliNet.

“Ruckus has emerged as a leader in enterprise Wi-Fi,” said John Emery, Managing Director of Bowen Advisors. “With the addition of IntelliNet’s mobile data offload products, Ruckus now offers best-in-class solutions for carriers, providing the company with an unparalleled breadth of solutions to address the exploding mobile internet market.”

“This transaction represents a continuation of the trend towards convergence of mobile backhaul and WLAN technologies, two market segments in which Bowen Advisors has a long heritage, dating back to the Paragon sale to Carrier Access in 2003 and the Colubris sale to HP in 2008,” said Paul Bowen, President of Bowen Advisors.

About Bowen Advisors

Bowen Advisors is a mergers and acquisitions and private capital advisory firm for emerging and established communications technology and IT companies. We provide a full suite of advisory services including buyside and sellside M&A, private capital raising, fairness opinion and valuation analysis.

We blend deep domain expertise, gained from line experience holding senior management positions in the communications technology industry, with extensive transaction experience. This combination of focused execution and field proven expertise in direct operations sets us apart. Our clients find our strategy-driven approach unique and critically valuable as they explore ways to maximize their growth potential and create value for their shareholders. Bowen Advisors, founded in 2002, is a FINRA Member and is headquartered in greater Boston.