Two New Tier-1 Mobile Provider Wins for Procera Networks in APAC Region
October 25 2011 - 6:30AM
Marketwired
Procera Networks, Inc. ("Procera") (NYSE Amex: PKT), the
intelligent policy enforcement company, today announced that it has
secured initial orders from two new Tier-1 fixed/mobile operators
in the APAC region. Procera provides the customers with subscriber
awareness, location awareness and congestion management. The two
operators have fixed and mobile assets with more than 40 million
subscribers; Procera's ability to serve both networks with a single
solution was a major factor in the selection process. Additionally,
these Tier-1 operators cited Procera's extensive reporting
capabilities, BGP peering control and IPv6 support as reasons for
their choices.
"These deployments emphasize Procera's continued worldwide
strength in the cable and mobile industry," says Cam Cullen, Vice
President of Global Marketing at Procera. "Customers realize that
intelligence -- channel awareness for cable deployment, congestion
management and visibility into Content Delivery Networks -- is a
requirement for their networks, not an optional capability. Procera
was awarded these deployments due to our comprehensive features for
the cable and mobile markets."
"These new customer wins illustrate Procera's continued growth
in the Asia-Pacific region," says Ben Teh, Procera's Vice President
of Sales, APAC. "Customers are replacing competitors' products with
Procera because of the strategic value that our solutions can add
to their businesses. These operators recognize the importance of
intelligent policy enforcement in realizing the growth potential of
their own networks."
The PacketLogic solutions and all Procera Networks products are
available online at www.proceranetworks.com.
About Procera Networks, Inc. Procera
Networks Inc. delivers Intelligent Policy Enforcement (IPE)
solutions, leveraging advanced Deep Packet Inspection (DPI)
technology, designed to enable carriers, services providers and
higher education institutions to improve the quality and lifetime
of their networks, better monetize their infrastructure
investments, control hazards, and create attractive services for
their users by making qualified business decisions based on
granular user and traffic intelligence. Procera's core product
suite, the PacketLogic line of platforms, is an engine that drives
the PCC (Policy and Charging Control) ecosystem, by enforcing
advanced network and service policies.
Cautionary Note Regarding Forward-Looking
Statements This press release contains forward-looking
statements, including statements relating to Procera's expectations
regarding the completion of the public offering. Any statements in
this release that are not historical or current facts are
forward-looking statements. All forward-looking statements in this
release are made pursuant to the safe harbor provisions of the
Private Securities Litigation Reform Act of 1995. These statements
are not guarantees of future performance and involve known and
unknown risks, uncertainties and other factors that may cause our
actual results, performance or achievements to be materially
different from any future results, performances or achievements
expressed or implied by the forward-looking statements. These risks
and uncertainties include, without limitation, risks and
uncertainties related to market conditions and satisfaction of
customary closing conditions related to the public offering. There
can be no assurance that Procera will be able to complete the
public offering on the anticipated terms, or at all. Additional
risks and uncertainties are described in the "Risk Factors" section
of our prospectus supplement and accompanying prospectus, forming a
part of the registration statement on Form S-3, and other required
reports, as filed with the SEC, which are available free of charge
on the SEC's website at www.sec.gov or on our website at
www.proceranetworks.com. Given these risks and uncertainties,
investors should not place undue reliance on forward-looking
statements as a prediction of actual results. These forward-looking
statements speak only as of the date hereof, and we undertake no
obligation to update, amend or clarify any forward-looking
statement for any reason.
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Press Contact Fran Lowe Engage PR for Procera Networks
510-748-8200 x225 flowe@engagepr.com Investor Relations
Contact Charles Messman or Todd Kehrli MKR Group Inc.
323-468-2300 pkt@mkr-group.com
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