Procera Networks Selected by Tata Communications to Provide Hosted Policy
FREMONT, CA and MUMBAI, INDIA -- (Marketwired) -- 08/07/13 --
Procera Networks, Inc. (NASDAQ: PKT), the global network intelligence
company, today announced that Tata Communications, a leading provider
of A New World of Communications, has chosen its PacketLogic(TM)
Intelligent Policy Enforcement (IPE) systems to enhance its mobile
network operator (MNO) managed services portfolio. The company
selected Procera's policy enforcement solution after a detailed
evaluation of competitive products.
Tata Communications' Hosted Policy Engine (HPE) is a management and
enforcement platform which offers customers reduced complexity, costs
and time for deployment and ongoing operations. The hosted
implementation provides a pre-integrated best-of-breed policy control
infrastructure solution on a "pay for consumption" basis. The
platform enables service providers to granularly manage and monetise
subscriber and application traffic across heterogeneous packet
networks including CDMA, GSM, LTE, WiFi, and fixed broadband.
"Procera provides the detection, analysis and enforcement component
that is one of the key elements of our HPE required to provide
usage-based charging for operator-defined data policy applications.
The company's IPE system accurately classifies almost all information
flows, including those which are often hard to track. The agile
analysis and reporting capability offers our customers the ability to
drill down from different angles for a thorough understanding of
information flow consumption. This rich understanding and granular
flow classification enables each provider to use our HPE to design
and apply differentiated targeted policy control applications. These
applications provide maximum value to each data subscriber and help
generate exponential data revenue for the operator," said John
Landau, Senior Vice President of Technology and Services Evolution at
Procera's IPE system is 3GPP-compliant and equipped with standard
interfaces, allowing for easy scalability to support millions of
subscribers in MNO networks. PacketLogic solutions were selected by
Tata Communications due the flexibility in the system to quickly
d services and easily scale for large deployments,
providing the optimal infrastructure for cloud-hosted and SDN-based
policy management and enforcement services.
"This effort introduces a new business model to MNOs who want to
quickly and economically compete with Tier 1 mobile operator service
offerings, and gives us another way to monetise our core intellectual
property. Procera's solutions enable rapid monetisation for new
services and makes it possible for mobile operators of all sizes to
participate in the significant revenue generating opportunities
created by data services worldwide," said James Brear, President and
CEO of Procera Networks.
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 for
ward-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.
Press Contact for Procera
Engage PR for Procera Networks
Investor Relations Contact for Procera
NMN Advisors, Inc.
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