SOURCE: Procera Networks

Procera Networks

December 04, 2013 06:00 ET

Procera Networks to Outline NFV Use Cases at Carrier Network Virtualization 2013

Joins Carrier NFV Pioneers for Panel Discussion on Virtualization

FREMONT, CA--(Marketwired - Dec 4, 2013) - Procera Networks, Inc. (NASDAQ: PKT), the global Internet Intelligence company, today announced it will be exhibiting and speaking at Carrier Network Virtualization 2013, December 9-11 at the Crowne Plaza Hotel in Palo Alto, Calif.

On December 11, Cam Cullen, vice president of Global Marketing at Procera Networks will join representatives from Pacnet, Sasktel, Telefonica, and Calsoft Labs for a panel discussion at 11:10 a.m. PST titled, "Applications Use Cases for Network Functions Virtualization (NFV)." The panel will discuss the following:

  • The chief application priorities for virtualization within the network
  • NFV's relevancy for Policy, IMS, SDP, CPE, Mobile Payments, Billing, M2M, VAS/apps, Mobile Advertising, CDNs and more
  • The intricacies involved in creating unified platforms for OSS/BSS, CRM, DPI and Big Data Analytics across multiple carrier business units
  • Anticipated timescales for bringing this kind of innovation to fruition

Procera will also present in the Innovation Accelerator session on December 10, in which leading SDN/NFV companies will deliver a series of 5-minute elevator pitches on their virtualization solutions to the full conference audience, and will be scored by an independent panel of judges. The top scoring entry overall will win the Carrier Network Innovation Prize 2013.

While carrier-class SDN/NFV is still in its adolescence, almost all major network operators are currently evaluating SDNs or plan to do so within the next three years, according to Infonetics Research. Procera, a key pioneer in the carrier NFV ecosystem, is the only pure-play Intelligent Policy Enforcement vendor to demonstrate the full virtualization of its network functions on commercial off-the-shelf equipment, successfully doing so in October at the SDN & OpenFlow World Congress. Procera's demonstration included application identification, traffic management, intelligent charging and live migration of virtual instances of its PacketLogic™ products from one server to another in an NFV environment. It was professionally evaluated and confirmed by EANTC in a whitepaper released shortly thereafter.

Who:
Procera Networks, Inc., and Cam Cullen, vice president of global marketing

What:
Is exhibiting; presenting in the Innovation Accelerator on Tuesday, Dec. 10, at 6:00 p.m. PST; and speaking in a panel on Wednesday, Dec. 11, at 11:10 a.m. PST titled "Applications Use Cases for NFV"

Where:
Carrier Network Virtualization 2013
Crowne Plaza Palo Alto
Palo Alto, Calif., USA

When:
December 9-11, 2013

For more information on Procera or to purchase IPE systems, please visit the company's website or contact sales@proceranetworks.com. To schedule a media or analyst briefing with Procera Networks at Carrier Network Virtualization 2013, please contact Procera@engagepr.com.

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 devices. 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 potential applications and demand for Procera's products, the performance of its 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; the Company's ability to service and upgrade its products; lengthy sales cycles and lab and field trial delays by service providers; its ability to obtain any follow-on orders from major customers; its customers canceling orders; 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.

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