Procera Receives Multi-Million Dollar Follow-On Order for PL20000 From Tier 1
European Network Operator
FREMONT, CA -- (Marketwired) -- 05/02/13 -- Procera Networks, Inc.
(NASDAQ: PKT), the global network intelligence company, today
announced that it has received a multi-million dollar follow-on order
from a Tier 1 European network operator. This order includes multiple
PacketLogic(TM) PL20000 systems to expand the existing deployment and
provide more capacity and functionality for the operator, delivering
on Procera's commitment to Intelligence Everywhere in the network.
The network operator chose the PL20000 due to the superior capacity
that is offered by the platform compared to competitive solutions,
and is continuing its investment as its network grows.
"Network operators in EMEA continue to adopt the PL20000 as the
platform of choice for large broadband deployments," said Paul
Gracie, senior vice president Global Sales and Services at Procera.
"Network operators are purchasing solutions that can handle their
traffic growth for the next three to five years, and we believe
Procera delivers the most scalable Intelligence Policy Enforcement
solutions available on the market."
The PL20000 platform supports up to 320Gbps and up to 5 Tbps per
cluster of Intelligent Policy Enforcement (IPE) providing scalability
for up to ten million subscribers and 120 million active flows in a
single chassis. The platform enables network operators to grow their
IPE deployments in a modular fashion, simply by adding modules to the
existing system, without requiring additional overhead from cluster
deployment, which add network complexity and operational challenges.
With the PL20000, Procera delivers a policy enforcement ecosystem
enabling the world's largest operators to become more agile and to
capitalize on the latest in broadband applications and trends by
creating innovative new personalized service plans on a massive
About Procera Networks, Inc.
Procera Networks, Inc. (NASDAQ: PKT) delivers industry-leading
network intelligence for millions of broadband connections worldwide.
Procera's PacketLogic and NAVL solutions enable carrier, service
provider, enterprise, and consumer networks to deliver a high quality
of experience to their users through actionable intelligence and
sophisticated policy enforcement. For more information, visit
www.proceranetworks.com or follow Procera on twitter at
Cautionary Note Regarding Forward-Looking Statements
This press release contains forward-looking statements, including
statements relating to the anticipated 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, 2012. 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
Engage PR for Procera Networks
Investor Relations Contact
Todd Kehrli or Jim Byers
MKR Group Inc.
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