Attention Infoblox Inc. Investors: Infoblox Misled Investors According to a Recently Filed Class Action

SAN DIEGO and SANTA CLARA, Calif., July 10, 2014

Infoblox Is Accused of Misrepresenting Its Financial Status

According to the complaint, shares of Infoblox fell $15.95 per share or 48%, to close at $17.19 per share on February 11, 2014, following Infoblox's announcement of its preliminary second quarter 2014 results in which the company negatively revised its guidance for both the second quarter 2014 as well as for its fiscal year ending July 31, 2014.  Specifically, Infoblox projected its second quarter 2014 predicted revenue to be between $60-61 million rather than $65-66 million, as had previously been projected. Likewise, full year external revenue projections were modified from between $270-276 million to a lower range of $250 -254 million.

The complaint further alleges that Infoblox made false and misleading statements regarding its financial strength while knowing that: (i) the company's federal business prospects were weak; (ii) Infoblox had been implementing enormous discounting in order to maintain market share; and (iii) the company was failing to close on large deals that had previously driven its revenue growth.

Infoblox Investors Are Encouraged to Contact Shareholder Rights Law Firm Robbins Arroyo LLP

If you invested in Infoblox and would like to discuss your shareholder rights, please contact attorney Darnell R. Donahue at (800) 350-6003, DDonahue@robbinsarroyo.com, or via the information form on the firm's shareholder rights blog: www.robbinsarroyo.com/shareholders-rights-blog/Infoblox-inc

Robbins Arroyo LLP is a nationally recognized leader in securities litigation and shareholder rights law.  The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits, and has helped its clients realize more than $1 billion of value for themselves and the companies in which they have invested.