Procera Networks Receives $4.0 Million in Orders From Two New European Mobile Operators and One Tier 1 Asian MNO

Procera Networks Receives $4.0 Million in Orders From Two New European Mobile 
Operators and One Tier 1 Asian MNO 
Rapidly Expanding 3GPP-Based LTE Deployments Driving Demand for
Revenue Generating Data Services With Intelligent Policy Enforcement 
FREMONT, CA -- (Marketwired) -- 08/07/13 --   Procera Networks, Inc.
(NASDAQ: PKT), the global Internet Intelligence company, today
announced it has received $4.0 million in orders, from two new
European mobile operators, including a Tier 1 operator, and including
an expansion order from an Asian Tier 1 mobile operator. LTE mobile
operators are continuing to experience rapid subscriber growth
worldwide and need the network analytics and innovative services with
proven scalability that Procera can deliver. By deploying Procera's
PacketLogic(TM) Intelligent Policy Enforcement (IPE) systems, these
three mobile operators are taking advantage of Procera's
fine-grained, subscriber-aware analytics and advanced policy-based
solutions, so that they can monetize their LTE investments and
maintain their subscriber's quality of service and experience. Most
of the revenue from these orders was recognized in the second quarter
of 2013. 
"Procera solutions make it possible for mobile operators to stay in
touch with current application usage trends on the latest mobile
devices and then to capitalize on this Internet intelligence by
creating new services that enhance subscriber experiences," said Paul
Gracie, senior vice president of global sales and services at
Procera. "Our momentum in growing the number of mobile operator
customers that Procera serves, as well as expanding the size of
existing implementations, has continued due to superior solution
maturity and flexibility when LTE-focused mobile operators evaluate
Procera against competitive products. Operators are discovering that
the improved business model economics through proven combined policy
and enforcement solutions like Revenue Express deliver a high Return
on Investment." 
Procera's IPE system is 3GPP-compliant and equipped with standard
interfaces, allowing for scalability to support tens of millions of
subscribers in 3GPP MNO networks. In conjunction with policy platform
products, Procera delivers the full suite of PCC components defined
by 3GPP standards including the Policy and Charging Rules Function
(PCRF) and the Policy and Charging Enforcement Function (PCEF). 
Revenue Express, a joint solution by Procera and Openet, is 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.
Revenue Express was announced in June 2013. 
About Procera Networks, Inc. 
Procera Networks Inc. (NASDAQ: PKT) delivers Internet Intelligence
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
 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 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. 
Press Contact
Bob Eastwood 
Engage PR
Procera Networks
510-748-8200 x215
beastwood@engagepr.com 
Investor Relations Contact 
Nicole Noutsios
NMN Advisors, Inc.
510-315-1003
ir@nmnadvisors.com 
 
 
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