FREMONT, CA--(Marketwire - Feb 28, 2013) - Procera Networks, Inc. (NASDAQ: PKT), the global intelligent policy enforcement company, today announced it has received an initial order from a top five North American DSL operator. The carrier selected Procera's Intelligent Policy Enforcement systems to support detailed subscriber-aware traffic analysis and reporting across its fixed-line broadband network and for sophisticated network and subscriber analytics across its deployment footprint. Procera recognized revenue from this initial order in the fourth quarter of 2012.
"US Broadband operators work in a very competitive environment, and it is crucial to meeting customer expectations to ensure that subscribers are receiving the bandwidth and Quality of Experience that they have paid for," said David Ahee, vice president of Sales Americas at Procera. "Procera's Intelligence solutions, featuring the PacketLogic Report Studio, deliver unparalleled visibility into subscriber and network behavior."
Procera's PacketLogic™ Report Studio gives service providers the network visibility they need to create highly accurate subscriber usage profiles. This software is provided as part of the PacketLogic Intelligence Center, enabling all network operators to drill down into their network traffic and achieve detailed understanding of subscriber, device, application, and location-based analytics as required. Procera's ContentLogic solutions now provide network operators with even more detailed visibility into the categories of content that are driving subscriber usage.
About Procera Networks, Inc.
Procera Networks, Inc. (NASDAQ: PKT) delivers Intelligent Policy Enforcement solutions designed for carriers, service providers and enterprises worldwide. Procera's PacketLogic solutions provide actionable intelligence and policy enforcement to ensure a high quality experience for any Internet connected devices. Network operators deploy Procera's technology to enable real-time visibility, superior performance and scalability, and deliver personalized services for millions of enterprises and consumers. For more information, visit www.proceranetworks.com or follow Procera on twitter at @ProceraNetworks.
Cautionary Note Regarding Forward-Looking Statements
This press release contains forward-looking statements, including statements relating to the timing of revenue recognition and the ability of the products and solutions provided by Procera Networks, Inc. to meet the requirements of advanced communications networks and achieve customer acceptance for its products. These forward-looking statements involve risks and uncertainties, as well as assumptions that, if they do not fully materialize or prove incorrect, could cause our results to differ materially from those expressed or implied by such forward-looking statements, including risks related to the acceptance and adoption of our products; our ability to service and upgrade our products; lengthy sales cycles and lab and field trial delays by service providers; our dependence on a limited product line; our dependence on key employees; our ability to compete in our industry with companies that are significantly larger and have greater resources; our ability to protect our intellectual property rights in a global market; our ability to manufacture product quickly enough to meet potential demand; and other risks and uncertainties described more fully in our 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 set forth in our Form 10-K filed for the year ended December 31, 2011, and in the subsequently filed quarterly reports on Form 10-Q. All forward-looking statements in this press release are based on information available to us as of the date hereof, and we assume no obligation to update these forward-looking statements.