Procera Networks Selected by Two LATAM Tier 1 Fixed Line Operators
Cable MSO and DSL Operators Choose Procera's Industry Leading
Subscriber Analytics and Network Management Solutions to Drive New
FREMONT, CA -- (Marketwired) -- 12/03/13 -- Procera Networks, Inc.
(NASDAQ: PKT), the global Internet Intelligence company, today
announced that it has received first-time orders for its
PacketLogic(TM) Intelligent Policy Enforcement (IPE) systems from two
Tier 1 fixed line operators in the LATAM region, including one cable
MSO and one DSL operator. Both operators will deploy systems that
profile subscriber and network usage by collecting high-resolution
network intelligence in-line across their entire network.
"These two wins in LATAM are indicative of the demand we are seeing
in the region from triple play fixed line operators who are looking
to gain a much better understanding of how subscribers are using
their networks," said Jim Nachazel, vice president of Americas Sales
at Procera. "Both Cable MSOs and DSL operators with large metro
networks are seeing much higher usage of third party streaming video
services that can impact the quality of service of their triple play
subscribers. By getting more proactive on understanding and managing
their subscribers' quality of experience, operators can reduce churn,
and offer additional services that improve their business model
Fixed line operators in LATAM are facing unprecedented growth in
broadband traffic volumes and are looking to add analytics that
transform how they optimize their network infrastructure investments
and expand their business models to add incremental revenue streams.
The key to the realization of these operator's goals is to gather
network intelligence. 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.
Operators are then able to profile that usage in order to create
profitable new differentiated services that benefit subscribers.
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
oadband 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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