Procera Networks Wins $4 Million Contract With Global Tier-1 Mobile Operator for DPI
October 27 2008 - 8:00AM
Marketwired
Procera Networks Inc. (AMEX: PKT), a developer of Evolved Deep
Packet Inspection (DPI) solutions providing traffic awareness,
control and protection for complex networks, today announced that a
global Tier-1 mobile operator has selected Procera's award-winning
PacketLogic(TM) PL10000 platform to optimize its network
performance, reduce infrastructure costs and create new services
for its mobile broadband customers. The deal, worth more than $4
million, will include multiple PL10000 platforms that can scale up
to 80 Gbps deployed throughout the mobile operator's network.
Procera won this deal against a field of other DPI vendors based on
the real-time accuracy and performance of its PL10000 platform.
"We believe this customer win validates both the potential of
DPI for mobile operators and the specific approach that Procera is
taking toward this technology," said James F. Brear, president and
CEO of Procera Networks. "In particular, we feel the size of the
deal is a bellwether for DPI and should facilitate additional moves
by other mobile operators. As mobile broadband services continue to
mature and attract millions of users worldwide, we believe that DPI
will become a 'must have' technology in order to ensure that all
users receive their fair share of bandwidth while also reducing the
operators' ongoing infrastructure costs."
Mobile operators worldwide are evaluating DPI technology as a
means to better manage their network infrastructure and create new
services that will deliver higher Average Revenue per User (ARPU).
With an expensive network buildout of new access technology,
limited backhaul capacity and a host of dynamic users moving
throughout their networks, DPI presents the best possible solution
to cope with the new demands and opportunities mobile broadband
represents.
"We're thrilled that Procera was chosen among all of the vendors
evaluated by this Tier-1 mobile operator," said Brear. "The scope
of this deployment, as well as the rigorous testing that was
performed on the many vendors that participated, highlights the
deep interest in this technology for the mobile operator market.
The scalability of PL10000 is a strong advantage we have in these
deals, as having several times the capacity of the nearest
competitor provides investment protection for operators that are
growing quickly."
Procera's Evolved DPI technology is the next stage in the
evolution of DPI. While first-generation DPI was suitable for
blocking specific types of traffic such as Peer-to-Peer (P2P)
applications, Procera believes that broadband service providers
require much more to optimize network performance through
identifying new and ever-changing applications across the Internet.
Procera believes these same providers also want to create new
services tailored to individual needs, such as gaming and social
networking, while protecting these same individuals from
coordinated attacks. Procera believes evolved DPI meets these needs
by delivering more granular and accurate information on a real-time
basis to broadband service providers, be they wireless or
wireline.
About the PacketLogic PL10000
The PacketLogic PL10000 is believed to be the industry's highest
performance DPI platform, offering 80 Gbps of throughput. The
ATCA-based PacketLogic PL10000 was designed as a carrier-grade
platform to provide the scalability, reliability and flexibility
needed to meet network requirements for today and tomorrow. It is
believed to have four times the capacity of its nearest competitor
and can be deployed anywhere in the network. It is driven by a
state-of-the-art traffic identification and classification engine,
DRDL(TM), which has more than 1,000 signatures and is growing
day-by-day thanks to the efforts of Procera's world-class signature
developer team.
Those interested in finding out how the PL10000 can help their
broadband networks can view an online demo of PacketLogic at the
following URL:
http://www.proceranetworks.com/products/packetlogic-demo.html.
About Procera Networks Inc.
Procera Networks Inc. delivers Evolved DPI solutions that give
service providers full awareness, control and protection of their
applications and networks. Its core product suite, the PacketLogic
line of platforms, leverages the company's advanced identification
engine, DRDL(TM) (Datastream Recognition Definition Language), to
provide the most accurate identification of network traffic
available today in real-time. PacketLogic is deployed at more than
400 broadband service providers, telcos, governments and higher
education campuses worldwide. Founded in 2002, Procera (AMEX: PKT)
is based in Silicon Valley and has offices around the globe. More
information is available at 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") including
statements regarding Procera Network's sales expectations,
anticipated demand for its products and product performance. 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, risks related to acceptance of our PL10000
product line, our possible need for future capital, growth of the
bandwidth management solutions market, the functionality and
performance of our products, competition from larger and more
established companies and our intellectual property. Detailed
information about these and other potential factors that could
affect Procera Networks's business, financial condition and results
of operations is included in Procera Networks' annual report on
Form 10-K, as amended, for the fiscal year ended December 31, 2008
under the caption "Risk Factors" filed with the Securities and
Exchange Commission ("SEC"), as updated by Procera Network's
subsequent filings with the SEC, all of which are available at the
SEC's Web site at www.sec.gov. You are cautioned not to place undue
reliance on forward-looking statements, which speak only as of the
date of this letter. We disclaim any obligation to update
forward-looking statements.
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.
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Press Contact Jay Nichols Sterling Communications 1-415-992-3210
jnichols@sterlingpr.com Investor Relations Contact John Liviakis
Liviakis Financial Communications, Inc. 1-415-389-4670
john@liviakis.com
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