Sandvine Corporation
TSX : SVC
AIM : SAND

Sandvine Corporation

December 02, 2009 07:00 ET

Sandvine Wins Six New Mobile Service Provider Customers

Company now serves over 30 mobile customers representing more than 200 million subscribers

WATERLOO, ONTARIO--(Marketwire - Dec. 2, 2009) -

Attention: Technology Editors

Sandvine, (TSX:SVC)(AIM:SAND) a leading provider of intelligent broadband network solutions for cable, DSL, FTTx, fixed wireless and mobile operators, today announced that it has won six new mobile service provider customers and two new DSL operator customers. The customers come from the United States, Southern Europe, Central America, Australia and Southeast Asia.

Sandvine now has over 30 mobile operator customers from more than a dozen countries, which together represent over 200 million subscribers. Data traffic, the traffic of interest for Sandvine's solutions, still represents a relatively small percentage of mobile subscribers' total usage but is the fastest growing category. The vast majority of Sandvine's customers in the mobile market have been won since the beginning of 2008, a reflection of the rapid acceleration in mobile data consumption.

"We continue to execute on our strategy to be the leading supplier of network policy control solutions across all broadband access technologies," said Dave Caputo, Sandvine's president and chief executive officer. "Cable companies adopted network policy control solutions first, and we are the established leader in that market. DSL and mobile broadband providers represent the second and third wave of adoption and we have quickly established ourselves as a leader in those markets too."

Sandvine's solutions will help its new mobile operator customers gain much-needed visibility into the data traffic traversing their networks, manage the unprecedented traffic caused by recent data growth, and plan and execute the delivery of new service offerings to attract and retain subscribers and create sustainable mobile data business models.

ABOUT SANDVINE

Sandvine is focused on protecting and improving the quality of experience on the Internet. Our award-winning network equipment and solutions help cable, DSL, FTTx, fixed wireless and mobile operators better serve their subscribers and understand network trends; offer new services; mitigate malicious traffic; manage network congestion; and deliver QoS-prioritized multimedia services. With broadband service provider customers in over 70 countries serving hundreds of millions of fixed and mobile subscribers, Sandvine is enhancing the Internet experience worldwide. www.sandvine.com

Certain statements in this release constitute forward-looking statements or forward-looking information within the meaning of applicable securities laws and are made pursuant to the "safe harbor" provisions of such laws. Statements related to potential benefits of, and demand for, Sandvine's products or services including statements with respect to the features and benefits that may be achieved through the use of Sandvine's products or services and the relative position of these products vis-à-vis competitive offerings in the industry are forward-looking statements which are subject to certain assumptions, risks and uncertainties. These risks and uncertainties include such factors as rapid technological changes, changes in customer architecture and equipment deployment requirements, the introduction of competing technologies, the risks and uncertainties of new product introductions, dependence on key supplies and other similar factors that may cause the actual results, performance or achievements of Sandvine to differ materially from the results, performance, achievements or developments expressed or implied by such forward-looking statements. Readers are cautioned not to place undue reliance on such statements. Sandvine assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Contact Information

  • MEDIA CONTACT
    Sandvine
    Jennifer Ross
    +1 519 880 2232
    jross@sandvine.com
    or
    INVESTOR RELATIONS CONTACT
    Sandvine
    Rick Wadsworth
    +1 519 880 2400 ext. 3503
    rwadsworth@sandvine.com
    or
    AIM NOMAD
    Canaccord Adams Limited
    Andrew Chubb/Neil Johnson
    +44 0207 050 6500