Openet and Procera Networks Partner to Launch Revenue Express Solutions for MNOs

Openet and Procera Networks Partner to Launch Revenue Express Solutions for MNOs 
End-to-End Policy Solutions Deployed Rapidly for Accelerated Revenue
Return 
FREMONT, CA and DUBLIN, IRELAND -- (Marketwired) -- 06/11/13 --  
Procera Networks, Inc. (NASDAQ: PKT), the global network intelligence
company, in partnership with Openet, the global leader of real-time
transaction management software and services, today announced the
availability of Revenue Express, the industry's first end-to-end
turnkey Policy Control and Charging (PCC) solution that includes
Intelligent Policy Enforcement and analytics coupled with Policy
Management functionality for mobile operators. 
Pre-configured and easy to deploy, Revenue Express Solutions enable
operators to rapidly configure revenue generating services based on
optimized software and hardware configurations. Standardized and
pre-packaged functionality is designed to reduce cost of ownership
and address time to market challenges faced by today's service
providers while delivering flexible service configurability and
interoperability with existing operator OSS/BSS systems.  
One of several options available, for example, offers a Service Pass
for customers who have exhausted their existing data limit, such as
500 MB of extra data usage for a number of days at a small additional
fee. In this case, providing subscribers with simple transparent data
purchase options that they understand not only reduces customer
service calls and costs, but also encourages them to experiment with
data usage, creating new customer segments that often choose to
purchase additional data. 
"Time and cost considerations put policy solutions out of reach for
many operators," said Peter Jarich, vice president of Consumer and
Infrastructure Services at Current Analysis. "What Openet and Procera
have done with the PCEF component of Revenue Express is to deliver a
fully pre-packaged offer -- a boon to service providers looking for
an out-of-the-box tool to improve their network offerings." 
"Policy and charging control is essential for operators innovating
data pricing and services," said Openet's vice president of
Marketing, Christopher Hoover. "Procera's Internet intelligence
expertise and shared vision for delivering value to mobile operators
makes them an ideal partner with whom to expand our existing suite of
Openet Express solutions."  
The solution's automated installation capabilities mean Revenue
Express can be configured in days instead of months. Openet and
Procera have made ease of integration, reliability and flexibility a
top priority, giving Tier 2 and Tier 3 operators the opportunity to
take advantage of a revenue-generating policy offering, and the
ability to compete with bigger players in the market like they never
could before.  
"Our policy work with Openet leverages both companies' industry
expertise and makes it possible for mobile operators to quickly meet
common business requirements with reduced complexity and ease of
operation," said Cam Cullen, vice president of Global Marketing at
Procera. "We look forward to continuing our relationship with Openet
and finding new ways to bring our policy enforcement and analytics
technology to all operators." 
Revenue Express delivers the full PCC components defined by 3GPP
standards that are deployed in the world's most advanced 3G/4G
networks, with Openet software performing the Policy and Charging
Rules Function (PCRF) and Procera solutions providing the analytics
and Policy and Charging Enforcement Function (PCEF).  
Revenue Express expands the existing Openet Express solutions
portfolio. For more information on Revenue Express, please visit:
http://www.openet.com/procera or contact sales@proceranetworks.com or
sales@openet.com. 
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About Openet  
Since the introduction of mobile data services in 1998, Openet has
helped service providers capitalize on opportunities and overcome
challenges. With competitive pressure accelerating, today's service
providers rely on Openet software to evolve business models around
networking smartphones, M2M devices and third party services.
Openet's portfolio combines policy and charging control with device
and third party interaction to enable innovative charging models, to
control operating cost and to personalize services. More than 80 of
the world's largest service providers in 28 countries use Openet's
high performance software. For more information, please visit
www.openet.com.  
About Procera Networks, Inc.  
Procera Networks, Inc. (NASDAQ: PKT) delivers industry-leading
network intelligence for millions of broadband connections worldwide.
Procera's PacketLogic(TM) 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 
This press release contains forward-looking statements, including
statements relating to the potential applications and demand for
Procera's products, the performance of its products and the ability
of its products to interoperate effectively with other technologies
and meet the requirements of customers. These forward-looking
statements involve risks and uncertainties, as well as assumptions
that, if they do not fully materialize or prove incorrect, could
cause Procera's results to differ materially from those expressed or
implied by such forward-looking statements, including risks related
to the acceptance and adoption of Procera's products; Procera's
ability to service and upgrade its products; lengthy sales cycles and
lab and field trial delays by service providers; Procera's dependence
on a limited product line; Procera's dependence on key employees;
Procera's ability to compete in its industry with companies that are
significantly larger and have greater resources; Procera's ability to
protect its intellectual property rights in a global market;
Procera's 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 Procera's
Form 10-K filed for the year ended December 31, 2012, and in its
subsequently filed quarterly reports. 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. 
Procera Media contact:  
Bob Eastwood
Engage PR for Procera Networks
510-748-8200 x215
beastwood@engagepr.com 
Investor Relations Contact 
Nicole Noutsios
NMN Advisors, Inc.
510-315-1003
ir@nmnadvisors.com 
Openet Media contacts: 
Barry Marron
Openet
+353 16 204662
Barry.Marron@openet.com 
Jena Rossi
SHIFT Communications
(617) 779-1878
openet@shiftcomm.com 
 
 
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