APAC Tier 1 Cable MSO Selects Procera Networks
FREMONT, CA -- (Marketwired) -- 05/28/13 -- Procera Networks, Inc.
(NASDAQ: PKT), the global network intelligence company, today
announced it has secured an initial order from a tier one cable
multi-system operator (MSO) in the Asia Pacific region that includes
multiple PacketLogic(TM) 8920 systems to replace an existing Deep
Packet Inspection vendor in its network. Procera's PL8920 delivers
Intelligent Policy Enforcement at speeds up to 50 Gbps, with the
largest traffic signature database available enabling granular
visibility and analytics for network optimization and revenue
generating service creation.
"Winning another tier one APAC service provider customer is further
validation of our solutions' technical superiority," said Paul
Gracie, senior vice president of Global Sales and Services at
Procera. "MSOs are venturing into new territory with 'video triple
play' services where they support set-top video, their own IP video
content delivery networks, and OTT video services. In this
environment, it is critical that MSOs gain network intelligence and
visibility into existing consumer behavior to prioritize network
investments for the creation of new services that add to their
revenue streams and maximize ROI."
Network operators worldwide face huge growth in broadband traffic
volumes and are looking to add analytics that transform how they
optimize their network infrastructure investments and extend their
business models to add incremental revenue streams. The key to the
realization of these operator goals is to make their networks more
intelligent. This intelligence not only enables operators to monitor
bandwidth usage but also lets them see in real-time the
characteristics of broadband traffic generated by their subscribers,
and then profile that usage in order to create profitable new
differentiated services that benefit subscribers.
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 @ProceraNetworks.
Cautionary Note Regarding Forward-Looking Statements
release contains forward-looking statements, including statements
relating to anticipated revenue from a new customer 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 as well as the ability of these
products and solutions to enable carrier, service provider,
enterprise, and consumer networks to deliver a high quality of
experience to their users. 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 and in subsequent
filings. 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
Todd Kehrli of Jim Byers
MKR Group Inc.
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