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Waterloo, ON; November 13, 2012 –Sandvine, (TSX:SVC; AIM:SAND) a leading provider of intelligent broadband network solutions for fixed and mobile operators, today announced it has received an initial order for over $1-million of Network Business Intelligence products from a multinational, Tier 1 Western European operator, with over 50 million broadband and mobile subscribers globally.
In recent years, public reports have identified this operator as one of the 12 largest telecommunications operator groups in the world, by revenue. The initial order is for deployment in the fixed access network of a Western European country, where the operator has the largest market share. Sandvine currently expects to begin recognizing revenue related to the deployment in fiscal 2013.
As part of its business intelligence offerings, this operator purchased Sandvine’s Network Analytics product and a series of dashboards including the Real-Time Entertainment Dashboard for video quality of experience management. Sandvine’s interactive dashboards provide aggregate, network-wide key performance indicators that can be granularly measured and categorized by location, device and subscriber tier. Specific to this new customer, Sandvine’s Real-Time Entertainment Dashboard provides quality metrics on streaming video such as duration, display characteristics and transport quality.
“Video metrics are crucial to optimize subscriber quality of experience (QoE) and network performance,” said Tom Donnelly, COO, Sales and Global Services, Sandvine. “Harnessing a holistic view of the application make-up including event-based, time-based and quality-based measurements of video, is the secret sauce in delivering QoE and retaining subscriber loyalty.”
Sandvine’s 2012 Global Internet Phenomena report identified YouTube a top driver of mobile data, accounting for more than 20% of peak period downstream traffic on European mobile devices.
Sandvine is the only Network Policy Control vendor that can provide quality metrics on streaming video taking into account device, time-of-day and network specifics.
Sandvine’s network policy control solutions focus on protecting and improving the quality of experience on the Internet. Our award-winning network policy control equipment and software helps fixed and wireless and mobile operators better understand network traffic, manage network congestion, create new services and revenues, mitigate traffic that is malicious or undesirable to subscribers, deliver QoS-prioritized multimedia services and increase subscriber satisfaction. With over 200 service provider customers in over 85 countries, serving hundreds of millions of broadband and mobile data subscribers, Sandvine is enhancing the Internet experience worldwide. For more information, please visit: www.sandvine.com.
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Certain statements in this release which are not historical facts constitute forward-looking statements or forward-looking information within the meaning of applicable securities laws ("forward-looking statements") and are made pursuant to the “safe harbour” provisions of such laws. Statements related to the scope of deployment of Sandvine’s products by a specific customer, the potential revenue opportunity with any particular customer or in any market segment, the benefit’s of Sandvine’s products and services to be realized by customers, Sandvine’s market position, future opportunities, product development plans and demand for Sandvine’s products and services are forward looking statements, as are any statements relating to future events, conditions or circumstances. Readers are cautioned not to place undue reliance upon any such forward-looking statements. Such forward-looking statements involve both known and unknown risks and uncertainties that may cause the actual results, performance or achievements of Sandvine to differ materially from the results, performance, achievements or developments expressed or implied by such forward-looking statements. These risks and uncertainties include, without limitation, changes in internal deployment strategies or plans by specific customers; the growth of broadband internet usage and levels of capital spending on broadband network management systems; the timing of orders and manufacturing lead times; changes in customer order patterns or customer mix; insufficient, excess or obsolete inventory; increased competition in the broadband network equipment industry; dependence on the timely development and market acceptance of new product offerings and standards; rapid technological and market change; manufacturing and sourcing risks including dependence on key suppliers and key technologies; dependence upon indirect channel sales and resellers; factors such as business and economic conditions and growth trends in the broadband network equipment industry and in various geographic regions; global economic conditions and uncertainties in the geopolitical environment including the impact of regulation related to the internet and the delivery of internet services. Forward-looking statements are based on management’s current plans, estimates, projections, beliefs and opinions, and Sandvine does not undertake any obligation to update forward-looking statements should assumptions related to these plans, estimates, projections, beliefs and opinions change.