Procera Networks Awarded Initial Orders From Two New Tier-1 Service Providers
April 19 2010 - 9:00AM
Marketwired
Procera® Networks Inc. (NYSE Amex: PKT), a developer of Evolved DPI
solutions providing awareness, analysis, and control for network
service providers, today announced that a Tier-1 mobile operator
and a Tier-1 managed service provider (MSP) have placed initial
orders for its PacketLogic™ systems in the first quarter of 2010.
Procera also announced today that in addition to these two new
Tier-1 customer orders, it has 10 Tier-1 trials ongoing or planned
over the next 60 days with potential customers.
"These two new Tier-1 Service Providers have the potential to
become significant customers for the Company," stated James Brear,
Procera Networks' President and CEO. "The fact that we continue to
win head-to-head field trials versus the competition reflects our
technology excellence and our strong customer focus and overall
business model."
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™ (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.
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Press Contact Diana Loredo, Procera Networks 408-890-7039
diana.loredo@proceranetworks.com Investor Relations Contact Charles
Messman or Todd Kehrli, MKR Group Inc. 1-323-468-2300
pkt@mkr-group.com
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