Procera Networks Selected by Orange Switzerland for Deployment
For Deployment of Sophisticated Subscriber Services Using PL8820, PIC
FREMONT, CA -- (Marketwire) -- 02/28/13 -- PROCERA NETWORKS, Inc.
(NASDAQ: PKT), the global intelligent policy enforcement company,
today announced an initial multi-year contract from Orange
Switzerland. The initial order is to provide Procera's leading edge
Intelligent Policy Enforcement solutions, specifically the PL8820,
PacketLogic(TM) Intelligence Center (PIC) and the PacketLogic
Subscriber Manager (PSM), for deployment throughout Orange's network
as a replacement for an existing solution. Procera's solutions will
be used to allow Orange to offer high value subscriber services.
Procera expects to recognize most of the revenue related to this
order in the first half of 2013.
"We selected Procera due to the strong value proposition offered by
the PacketLogic solutions for personalized services," said Johan
Andsjo, CEO of Orange Switzerland. "The solution that we are
deploying today will enable us to deliver new services to our
subscribers, increase our competitiveness through innovation and
exceed our growth plans for bandwidth with a scalable platform."
"Mobile operators want to offer personalized services that meet the
demand of their subscribers," said Paul Gracie, senior vice president
of Sales, EMEA at Procera. "Procera has proven our ability to enable
unique service plans for European mobile operators, and we continue
to see this as a strong market demand."
Orange chose Procera due to the strong performance and scalability of
the PL8820 platform, which supports up to 30Gbps of performance in a
2RU form factor for millions of subscribers. The PSM was a deciding
factor in Procera's selection, as Orange wanted a great deal of
flexibility in the creation and provisioning of innovative service
plans that meet their customers' needs, both today and in the future,
and needed a solution that could scale both for subscribers as well
Orange Communications SA : Orange Communications SA entered the Swiss
telecoms market in 1999 and offers a wide range of mobile
communication services. For business customers, Orange offers
integrated, simple and efficiency-enhancing landline and
solutions. The Orange mobile communications network covers 99% of the
Swiss population. In addition to mobile phone calls, Orange also
offers mobile broadband Internet connections that can reach
theoretical maximum speeds of up to 42 Mbit/s using GPRS, EDGE, UMTS
and HSPA+ technologies. The renowned trade magazine connect rates the
Orange mobile network as <<GOOD>>, ranking it among the best in
Switzerland. Some 1,121 employees attend to the every-day needs of
1.65 million customers, including those who work at 89 Orange Centers
across Switzerland as well as at the more than 120 Orange Points.
Orange Communications SA is a wholly owned subsidiary of Matterhorn
Mobile S.A., a company indirectly majority owned by funds advised by
Apax Partners LLP.
About Procera Networks, Inc.
Procera Networks, Inc. (NASDAQ: PKT) delivers Intelligent Policy
Enforcement solutions designed for carriers, service providers and
enterprises worldwide. Procera's PacketLogic solutions provide
actionable intelligence and policy enforcement to ensure a high
quality experience for any Internet connected devices. Network
operators deploy Procera's technology to enable real-time visibility,
superior performance and scalability, and deliver personalized
services for millions of enterprises and consumers. For more
information, visit www.proceranetworks.com or follow Procera on
twitter at @ProceraNetworks.
Cautionary Note Regarding Forward-Looking Statements
release contains forward-looking statements, including statements
relating to the timing of revenue recognition and the ability of the
products and solutions provided by Procera Networks, Inc. to meet the
requirements of advanced communications networks and achieve customer
acceptance for its products. These forward-looking statements involve
risks and uncertainties, as well as assumptions that, if they do not
fully materialize or prove incorrect, could cause our results to
differ materially from those expressed or implied by such
forward-looking statements, including risks related to the acceptance
and adoption of our products; our ability to service and upgrade our
products; lengthy sales cycles and lab and field trial delays by
service providers; our dependence on a limited product line; our
dependence on key employees; our ability to compete in our industry
with companies that are significantly larger and have greater
resources; our ability to protect our intellectual property rights in
a global market; our ability to manufacture product quickly enough to
meet potential demand; and other risks and uncertainties described
more fully in our documents filed with or furnished to the Securities
and Exchange Commission. More information about these and other risks
that may impact Procera Networks' business are set forth in our Form
10-K filed for the year ended December 31, 2011, and in the
subsequently filed quarterly reports on Form 10-Q. All
forward-looking statements in this press release are based on
information available to us as of the date hereof, and we assume no
obligation to update these forward-looking statements.
Engage PR for Procera Networks
Investor Relations Contact
Charles Messman or Todd Kehrli
MKR Group Inc.
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