FREMONT, CA--(Marketwired - Feb 20, 2014) - Procera Networks, Inc. (NASDAQ: PKT), the global Internet Intelligence company, today announced that it has joined the SPECTRUM ecosystem program created by HP and Intel to accelerate the deployment of solutions for advanced telecommunications networks. Procera will leverage HP and Intel technology as a preferred platform for its Virtual PacketLogic™ Network Function Virtualization (NFV) solutions. The combination of best-in-breed platforms from HP and Intel are a natural fit with the high performance software solutions offered by Procera for network service providers.
"Our customers are looking for high performance solutions," said Alexander Haväng, CTO of Procera Networks. "By partnering with HP and Intel, Procera's PacketLogic solutions can maintain our high performance even in virtualized deployments by leveraging HP and Intel's best-in-breed solutions."
"Network Service Providers seek platforms that deliver carrier-class performance for NFV data plane services," said Werner Schaefer, vice president of network functions virtualization at HP. "Procera's solutions enable network operators to launch advanced services with decreased time-to-market using NFV by leveraging HP and Intel's platforms."
SPECTRUM is a community of hardware and software developers that focuses on solutions to challenges in the telecommunications market segment. It provides cross-community collaboration on development and optimization of ISV solutions on commercial off-the-shelf platforms for telecommunications workloads. SPECTRUM enables telecommunication companies to accelerate their time to market for both physical and virtual networking equipment as well as telecom data centers, replacing proprietary platforms with quick-to-deploy solutions on HP ProLiant servers using Intel® Xeon® processors.
Procera will be demonstrating its NFV solutions running on HP and Intel platforms at Mobile World Congress in Barcelona, February 24-27 at stand #5J30. A whitepaper describing the joint HP-Intel-Procera solution is available at http://www.proceranetworks.com/products/packetlogic-platforms.
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 device. For more information, visit http://www.proceranetworks.com or follow Procera on Twitter at @ProceraNetworks.
Cautionary Note Regarding Forward-Looking Statements
This press release contains forward-looking statements related to Procera Networks, Inc., including statements relating to the anticipated benefits of having joined the SPECTRUM ecosystem program, the potential applications for Procera's products, the performance of its products, demand for Procera's 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 and solutions; the Company's ability to service and upgrade its products; 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.