Sandvine Incorporated

Sandvine Incorporated

March 03, 2010 07:00 ET

Sandvine Wins Six New Service Provider Customers

Five of the new customers from EMEA sales region

WATERLOO, CANADA--(Marketwire - March 3, 2010) -

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 service provider customers.

Three of the customers are DSL service providers, two are cable network operators and one is a mobile broadband service provider. Five of Sandvine's new customers come from the rapidly growing Europe Middle East and Africa (EMEA) region, and one from the Asia Pacific region. One of the DSL customers is a tier-one service provider, which Sandvine defines as an operator with over one million broadband customers. The mobile operator adds to the still-growing list of Sandvine customers that belong to a single global DSL and mobile service provider group.

"Infonetics Research recently named Sandvine as the clear market share leader in our space. This success is a direct result of consistently winning several new customers globally each quarter," said Dave Caputo, Sandvine's president and chief executive officer. "For the last couple of years service providers from EMEA have been the largest source of requests for proposal for our solutions. We continue to see positive results from that work."

Sandvine's solutions help its customers gain much-needed visibility into the data traffic traversing their networks, manage the growing demands of network traffic, and plan and execute the delivery of new service offerings to attract and retain subscribers and create sustainable business models.


Sandvine is focused on protecting and improving the quality of experience on the Internet with its network policy control solutions. Our award-winning network equipment and solutions help cable, DSL, FTTx, fixed wireless and mobile operators better serve their subscribers; 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.

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

    Jennifer Ross
    +1 519 880 2232
    Rick Wadsworth
    +1 519 880 2400 ext. 3503
    Canaccord Adams Limited
    Andrew Chubb
    +44 0207 050 6500