Procera Networks Names Charles Constanti Chief Financial Officer
April 30 2009 - 3:00PM
Marketwired
Procera� Networks Inc. (NYSE Amex: PKT) (NYSE Alternext US: PKT), a
developer of Evolved Deep Packet Inspection (DPI) solutions
providing traffic awareness, control and protection for complex
networks, today announced that Charles Constanti has agreed to join
the company as Vice President and Chief Financial Officer
commencing on May 11, 2009.
"Constanti brings broad financial expertise with 23 years of
public company financial experience and a track record of
delivering results," said James Brear, President and CEO. "He has
the financial leadership skills to guide the Procera global finance
team at a time of rapid growth, as we expect to take a leadership
position in mobile and higher education markets."
Mr. Constanti, 45, was the vice president and CFO of Netopia,
Inc., a telecommunications equipment and software company, until
its acquisition by Motorola, Inc., where he has held a senior
finance position for the past two years. Prior to that, Mr.
Constanti was the vice president and corporate controller of
Quantum Corporation, where he served for 8 years. Mr. Constanti
held various finance positions at BankAmerica Corporation for 8
years, including vice president positions in accounting policy and
corporate general accounting. Mr. Constanti was an auditor for
PricewaterhouseCoopers and is a certified public accountant. He
earned a B.S. in Accounting from Binghamton University.
About Procera Networks Inc.
Procera Networks Inc. delivers Evolved DPI solutions that give
service providers 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 accurate identification of network traffic in real-time.
PacketLogic is deployed at more than 600 broadband service
providers, telcos, governments and higher education campuses
worldwide. Founded in 2002, Procera (NYSE 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"). 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 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.
Press Contact Jon Linden Procera Networks 408-354-9386
jon.linden@proceranetworks.com Investor Relations Contact John
Liviakis Liviakis Financial Communications, Inc 415-389-4670
john@liviakis.com
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