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New Tier-1 Asian Fixed/Mobile Operator Selects Procera for Cloud Services DeploymentPacketLogic(TM) Solutions Deliver Quality of Experience and Business Intelligence for Cloud Deployments and Capture Additional Operator Revenue (February 14, 2012)
FREMONT, CA -- (Marketwire) -- 02/14/12 -- Procera Networks, Inc. ("Procera") (NASDAQ: PKT), the Intelligent Policy Enforcement company, today announced it has received and deployed an initial order from a Tier-1 Asian Fixed/Mobile operator for a Cloud Services deployment. This operator serves more than 20 million fixed/mobile subscribers across their coverage footprint, and these cloud services apply to their customers as well as hosting subscribers. The initial deployment is for multiple PacketLogic Real-Time Enforcement (PRE) systems across several cloud hosting sites, and is designed to ensure a high Quality of Experience for the cloud services that are hosted by the operator. This order was received and shipped in Q4, and is currently fully operational in the customer's network.
"Cloud Services have become a mission-critical service offering for consumers worldwide as users move more of their data into the cloud for access by multiple devices," said Cam Cullen, VP of Global Marketing for Procera Networks. "Cloud operators have become more interested in Intelligent Policy Enforcement (IPE) solutions to deliver a high Quality of Experience to their customers, as well as provide detailed usage, SLA metrics and business intelligence on how the service is being utilized by consumers."
The IPE deployment for the cloud service is focused on enforcing service level agreements (SLAs) for hosting customers and measuring bandwidth usage for billing purposes. Each customer is provided with detailed reports from PacketLogic Report Studio that cover the applications being used to access their hosting service, the traffic load and peak values, as well as the delivered QoE, which can include packet loss on the Internet. Report Studio is being used to generate customer reports to assist in resolving billing disputes, and the level of detail present in the reports has enabled the operator to recapture previously lost revenue.
The operator also has detailed analytics for the overall cloud usage to help them drive the investment in their hosting service, and to identify where bottlenecks are occurring in their hosting centers. They can also easily observe and measure new application trends in their customer base, enabling them to deliver better service offerings to existing and potential customers. The PacketLogic solutions will also enable them to offer more attractively-priced options based on combinations of usage, subscribers, and bandwidth, while delivering on stringent SLAs for customers.
Procera will be attending Mobile World Congress in Barcelona from February 27 through March 1, 2012, where you can visit them in Hall 2.1, Stand 2.1A39. For more information on Procera Networks or to purchase PacketLogic solutions, please visit www.proceranetworks.com.
About Procera Networks, Inc.
Procera Networks Inc. (NASDAQ: PKT) delivers Intelligent Policy Enforcement (IPE) solutions designed for carriers, service providers and high-end enterprises to enable proactive quality management; innovative service creation and delivery; detailed business analytics on network utilization and bandwidth consumption; and mitigate security threats. Procera's PacketLogic solutions deliver superior performance, scalability, and functionality to allow personalized services for millions of subscribers as part of the 3GPP Policy and Charging Control architecture. For more information, visit www.proceranetworks.com.
Cautionary Note Regarding Forward-Looking Statements
This press release contains forward-looking statements, including statements relating to Procera's continued growth. 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 Procera'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 market conditions, actions taken and decisions made in pursuit of growth and those risks and uncertainties included from time to time in documents Procera files with the Securities and Exchange Commission. 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 Procera undertakes no obligation to update, amend or clarify any forward-looking statement for any reason.
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