SOURCE: Procera Networks

June 13, 2007 08:00 ET

Procera Networks Receives Prestigious Eos Award From NXTcomm, Industry's Largest Trade Show

Version 11 PacketLogic Core Software and New 10-GigE PacketLogic Hardware Receive Honors for Technology Innovation

LOS GATOS, CA--(Marketwire - June 13, 2007) - Procera Networks, Inc. (OTCBB: PRNW), a pioneering developer of carrier-grade network traffic and service management infrastructure equipment, today announced that the company's PacketLogic 9200 hardware platform and Version 11 software have received the NXTcomm Eos Excellence of Achievement Award for technology innovation at the backbone or network edge.

Procera's Version 11 and the PL9200 will be formally announced and released at the NXTcomm conference and trade show, taking place June 18 through 22 at McCormick Place in Chicago. Procera will exhibit in booth 7624 at the show.

Eos Award winners were honored for best new technology or enterprise solution in twelve categories covering the entire range of wireless, broadband and next-generation technologies and services for both public and enterprise networks. A judging panel of 16 consultants, technical journalists and service providers from the communications industries selected the winners and runners-up.

"Our exhibitors truly raised the bar this year, resulting in fierce competition," said Wayne Crawford, NXTcomm executive director. "Awards were given in 12 far-reaching categories, demonstrating NXTcomm's enormous reach. In addition to traditional categories like backbone, core and edge technologies, Eos awards were also presented for achievement in home networking, IPTV, advanced mobile services and strategic support. Procera Networks deserves significant praise for its leadership, innovation and role in driving our industry forward."

"We are very pleased to receive this industry recognition and affirmation of the PacketLogic product line," said Doug Glader, president and CEO of Procera Networks. "This is truly a tribute to Procera's vision and the ongoing innovation of our employees, particularly our strong technology team based in Sweden."

The PacketLogic product family includes the PL5600, PL7600, PL7620 and soon-to-be-announced PL9200 models, which range from 4Mbps to 2.5 Gbps bidirectional throughput capacity. The modular software design includes Surveillance (standard in all PacketLogic systems), Filtering, Traffic Shaping, and Statistics options. Procera's PacketLogic is typically deployed by broadband service providers, telcos, and higher-education institutions to manage and control network usage and traffic, to provide tiered service levels and assure agreed-upon throughputs, and to conform to the technical assistance requirements of lawful intercept regulations.

About Procera Networks

Founded in 2002, Procera Networks, Inc. (OTCBB: PRNW) is a global provider of intelligent network traffic identification, control and service management infrastructure equipment. Procera's core product suite, the PacketLogic™ line of appliances, provides the most accurate application identification available today by using the industry leading connection identification engine DRDL™ (Datastream Recognition Definition Language). PacketLogic is deployed at more than 350 broadband service providers (xSPs), Telcos, colleges and universities worldwide. For more information, visit http://www.proceranetworks.com.

Safe Harbor Statement

This press release contains forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995 (the "Act"). In particular, when used in this press release, the words "plan," "confident that," "believe," "scheduled," "expect," or "intend to," and similar conditional expressions are intended to identify forward-looking statements within the meaning of the Act and are subject to the safe harbor created by the Act. Such statements are subject to certain risks and uncertainties and actual results could differ materially from those expressed in any of the forward-looking statements. Such risks and uncertainties include, but are not limited to, the ability of Procera to commercialize the applicable technology and introduce products and the acceptance of those products by the market, the ability of resellers to sell the Procera products, market conditions, the general acceptance of the Company's products and technologies, competitive factors, timing, and other risks described in the Company's reports and filings with the SEC (Securities and Exchange Commission) from time to time.

Procera Networks is a registered trademark, and PacketLogic is a trademark of Procera Networks Inc. All rights reserved. All other products or brands mentioned are trademarks and/or service marks of their respective owners.

Contact Information

  • Contact Procera:

    Evelyn Miller
    Procera Networks, Inc.
    408.354.9238
    Email Contact

    Albert Lopez
    Procera Networks, Inc.
    408-354-7565
    Email Contact

    John Liviakis
    (Investor Relations)
    Liviakis Financial Communications Inc.
    415.389.4670