SOURCE: Procera Networks

Procera Networks

September 27, 2011 06:30 ET

Procera Provides Network Intelligence for European Tier-1 Operator

Leading European Fixed/Mobile Operator Selects Procera PacketLogic™ Solutions to Manage Bandwidth, Provide Visibility Into Mobile Traffic

FREMONT, CA--(Marketwire - Sep 27, 2011) - Procera Networks, Inc. ("Procera") (NYSE Amex: PKT), the intelligent policy enforcement company, today announced a $4 million follow-on order from a major European fixed/mobile network operator that has chosen the PL10000 to provide 120Gbps policy enforcement for pure transit- and long-distance link management to effectively reduce costs and manage bandwidth allocation for bandwidth-hungry traffic.

The follow-on order represents an acceleration of an initial deployment and a geographic increase that will expand the network across a large European country. As part of the engagement, Procera will conduct a traffic peering and inter-city-link traffic-management analysis to give the operator visibility into the applications and content passing across its wide-area links and the resulting effect on the Quality of Experience (QoE) it provides to subscribers.

The real-time analytics and intelligence reporting provided by the Procera solution gave the customer a clear view of the congestion points in its network caused by heavy file-sharing usage and bandwidth-intensive apps like streaming video content. With the geographic extension and the intelligence, this operator will be able to accurately manage its network traffic and create services that can maximize QoE for its subscribers.

"This follow-on order is a great example of the strategic value Procera adds and reflects the growth potential we see in the European market," said Paul Gracie, VP of EMEA Sales for Procera Networks. "Coming into this deployment from the beginning enabled us to demonstrate the tangible value of our intelligent policy enforcement solution, so our customer could see right away that to fully realize the growth potential of its network, it needs the scalability that only we can offer."

The PL10000 delivers scalable Intelligent Policy Enforcement (IPE), supporting up to 120Gbps of throughput in a single system, and up to 2Tbps from a multi-system. The product enables rapidly-growing networks to provide intelligence beyond 10Gbps of capacity, thereby accounting for the explosive growth of traffic from bandwidth-hungry applications like social networks and streaming video.

The PL10000 and all Procera Networks products are available online at www.proceranetworks.com.

About Procera Networks, Inc.
Procera Networks Inc. delivers Intelligent Policy Enforcement (IPE) solutions, leveraging advanced Deep Packet Inspection (DPI) technology, designed to enable carriers, services providers and higher education institutions to improve the quality and lifetime of their networks, better monetize their infrastructure investments, control hazards, and create attractive services for their users by making qualified business decisions based on granular user and traffic intelligence. Procera's core product suite, the PacketLogic line of platforms, is an engine that drives the PCC (Policy and Charging Control) ecosystem, by enforcing advanced network and service policies.

Cautionary Note Regarding Forward-Looking Statements
This press release contains forward-looking statements, including statements relating to Procera's expectations regarding the completion of the public offering. Any 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 our 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 market conditions and satisfaction of customary closing conditions related to the public offering. There can be no assurance that Procera will be able to complete the public offering on the anticipated terms, or at all. Additional risks and uncertainties are described in the "Risk Factors" section of our prospectus supplement and accompanying prospectus, forming a part of the registration statement on Form S-3, and other required reports, as filed with the SEC, which are available free of charge on the SEC's website at www.sec.gov or on our website at www.proceranetworks.com. Given these risks and uncertainties, investors should not place undue reliance on forward-looking statements as a prediction of actual results. These forward-looking statements speak only as of the date hereof, and we undertake no obligation to update, amend or clarify any forward-looking statement for any reason.

Contact Information

  • Press Contact
    Dale Legaspi
    Engage PR for Procera Networks
    510-748-8200 x-208
    dlegaspi@engagepr.com

    Investor Relations Contact
    Charles Messman or Todd Kehrli
    MKR Group Inc.
    323-468-2300
    pkt@mkr-group.com