Procera Networks to Present on Growing LTE Adoption, Monetizing Networks at LTE
North America 2013
LTE Market to Double in 2013 as Subscriber Analytics Take Center
FREMONT, CA -- (Marketwired) -- 11/14/13 -- Procera Networks, Inc.
(NASDAQ: PKT), the global Internet Intelligence company, today
announced it will be speaking and showcasing its lineup of
Intelligent Policy Enforcement products at LTE North America 2013,
November 20-22 at the Westin Galleria in Dallas, Texas.
On Friday, November 22 at 2:30 p.m. CST, Procera's director of
Product Management and Marketing, Shawn Sweeney, will join
representatives from Siemens and Telus in a panel discussion titled
"Monetizing the Policy Control and Charging Opportunity." Also on
November 22, at 3:10 p.m. CST, Procera's director of Solutions
Marketing, Ken Osowski, will deliver a lecture titled "Boosting LTE
Adoption with the Right Charging Approach," in which a blueprint will
be presented to operators for growing and monetizing their networks
while adopting 21st century billing and charging models.
According to a report by Infonetics Research, the LTE market will
double in 2013 while subscriber growth is a key force driving the
mobile infrastructure market as a whole; wireless subscribers hit 6
billion in 2012 and are expected to reach 7 billion by 2017,
including 569 million LTE subscribers. As more consumers take
advantage of high speed connectivity through LTE and consequently
consume greater network resources, carriers have an opportunity to
deploy unique policy control and charging monetization models that
simultaneously complement the subscriber quality of experience and
improve carriers' bottom lines. Revenue Express, announced by Procera
in Q2 2013, is an out-of-the-box monetization and new services
deployment solution that allows operators to rapidly launch
revenue-generating use cases based on optimized and market-tested
software and hardware configurations.
In addition to speaking at the event, Procera will showcase the full
lineup of the company's Intelligent Policy Enforcement products at
booth #7. This week, Procera's Dynamic LiveView won a 2013 Broadband
Traffic Management Award for the "Most Innovative Tool for Driving
Real-Time Intelligence," and the same product scored 4.5 Diamonds in
the 2013 Broadband Technology Report's Diamond Technology Reviews in
September, reflecting the industry's recognition that Procera has the
leading Internet Intelligence and real-time subscriber analytics
Procera Networks, Inc., Shawn Sweeney, director of Product
Management and Marketing; and Ken Osowski, director of Solutions
Is showcasing their lineup of Intelligent Policy Enforcement
products and speaking in two sessions as part of Track 1, Monetizing
LTE: "Monetizing the Policy Control and Charging Opportunity,"
Friday, November 22 at 2:30 p.m. CST; and "Boosting LTE Adoption with
the Right Charging Approach," November 22 at 3:10 p.m. CST
LTE North America, Booth #7
Westin Galleria, Dallas, Texas,
November 20-22, 2013
For more information on Procera or to purchase IPE systems, please
visit the company's website or contact firstname.lastname@example.org. To
schedule a media or analyst briefing with Procera Networks at LTE
North America 2013, please contact Procera@engagepr.com.
About Procera Networks, Inc.
Procera Networks Inc. (NASDAQ: PKT)
delivers Internet Intelligence solutions to service providers and
network equipment manufacturers for analytics and enforcement of
broadband traffic worldwide. Procera's solutions provide actionable
intelligence and policy enforcement to ensure a high quality
experience for any Internet and network connected devices. For more
information, visit http://www.proceranetworks.com or follow Procera
on Twitter at @ProceraNetworks.
Cautionary Note Regarding Forward-Looking Statements
release contains forward-looking statements related to Procera
Networks, Inc., 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. Statements in this release that are not historical or
current facts are forward-looking statements. All forward-looking
statements in this release are made pursuant to the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995.
These statements are not guarantees of future performance and involve
known and unknown risks, uncertainties and other factors that may
cause the Company's actual results, performance or achievements to be
materially different from any future results, performances or
achievements expressed or implied by the forward-looking statements.
These risks and uncertainties include, without limitation, risks and
uncertainties related to the acceptance and adoption of Procera's
products; the Company's ability to service and upgrade its products;
lengthy sales cycles and lab and field trial delays by service
providers; its ability to obtain any follow-on orders from major
customers; its customers canceling orders; its dependence on a
limited product line and key customers; its dependence on key
employees; its ability to compete in our industry with companies that
are significantly larger and have greater resources; its ability to
protect its intellectual property rights in a global market; its
ability to manufacture product quickly enough to meet potential
demand; its ability to continue to integrate Vineyard Networks and
realize anticipated benefits from the acquisition; and other risks
and uncertainties described more fully in the Company's 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 described in the "Risk Factors" sections of
its Form 10-K filed for the year ended December 31, 2012 and its Form
10-Q filed for the quarter ended September 30, 2013, and other
reports filed with the SEC, which are available free of charge on the
SEC's website at http://www.sec.gov or on Procera's website at
http://www.proceranetworks.com. Given these risks and uncertainties,
investors should not place undue reliance on forward-looking
statements as a prediction of actual results. All forward-looking
statements in this press release are based on information available
to Procera as of the date hereof, and the Company undertakes no
obligation to update, amend or clarify any forward-looking statement
for any reason.
Engage PR for Procera Networks
Investor Relations Contact
NMN Advisors, Inc.
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