Ixia (NASDAQ: XXIA) today announced that it will further delay the filing of its Quarterly Report on Form 10-Q for the third quarter of 2013. Ixia filed a Form 12b-25 Notification of Late Filing with the SEC on November 13, 2013 reporting that Ixia expected to file its Form 10-Q by the extended deadline of November 18, 2013, but the Company was unable to file the Form 10-Q by the deadline.

As previously disclosed in the Form 12b-25, as a result of the recent resignation of Victor Alston, the former President and Chief Executive Officer of Ixia, Ixia's Audit Committee, with the assistance of independent counsel, is conducting an email review and performing additional procedures to ensure the accuracy of its recording of financial information and appropriateness of its financial reporting. These procedures need to be completed prior to the filing of the Form 10-Q.

Based on the review and procedures conducted to date, Ixia has not identified any material adjustments to its financial results for the third quarter of 2013, as previously announced on October 29, 2013, or any other prior period. However, the review and procedures are ongoing and there can be no assurance that Ixia will not determine that material adjustments are appropriate. Ixia is proceeding with the review and procedures as quickly as possible.

About Ixia

Ixia develops amazing products so its customers can connect the world. Ixia helps its customers provide an always-on user experience through fast, secure delivery of dynamic, connected technologies and services. Through actionable insights that accelerate and secure application and service delivery, Ixia's customers benefit from faster time to market, optimized application performance and higher-quality deployments. Learn more at http://www.ixiacom.com.

FORWARD LOOKING STATEMENTS

Certain statements made in this press release are forward-looking statements, including, without limitation, statements regarding the review and procedures being conducted by the Company's Audit Committee and the completion thereof, the Company's previously announced financial results and any adjustments thereto, and the expected filing date of the Company's quarterly report on Form 10-Q for the quarter ended September 30, 2013. In some cases, such forward-looking statements can be identified by terms such as may, will, should, expect, plan, believe, estimate, predict or the like. Such statements reflect our current intent, belief and expectations and are subject to risks and uncertainties that could cause our actual results to differ materially from those expressed or implied in the forward-looking statements. Any forward-looking statements are subject to a number of risks and uncertainties, and actual results may differ materially. Factors that could cause the actual results to differ materially from the results predicted include, among others, the outcome of the review and procedures being conducted by the Audit Committee and the possibility of further adjustments, including material adjustments, to the Company's financial statements as additional analysis and review is completed. Ixia assumes no obligation to update such forward-looking statements except as required by applicable law.

The Blueshirt Group
Maria Riley, 415-217-7722
Investor Relations
or
Ixia
Tom Miller, 818-444-2325
Chief Financial Officer
tmiller@ixiacom.com