SOURCE: Procera Networks

September 13, 2007 08:00 ET

Procera Networks to List on the American Stock Exchange Under Symbol "PKT"

LOS GATOS, CA--(Marketwire - September 13, 2007) - Procera® Networks, Inc. (OTCBB: PRNW), a pioneering developer of telco-class network traffic and service management infrastructure equipment, today announced the company has received formal approval to list its common shares on the American Stock Exchange (AMEX). The approval is contingent upon the company being in compliance with all applicable listing standards on the date it begins trading on the Exchange, and may be rescinded if the company is not in compliance with these standards. Effective September 20, 2007 Procera Networks expects its shares will be listed for trading under the symbol PKT.

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 and DRDL are trademarks 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