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Sandvine Secures Another Customer For Virtual Series Products

Virtualization helps smaller operators compete against larger CSPs, through access to affordable, advanced policy control

Waterloo, ON; October 29, 2014 – Sandvine, (TSX:SVC) a leading provider of intelligent broadband network solutions for fixed and mobile operators, today announced that SpeedConnect, a Michigan-based operator of fixed and mobile wireless Internet access services has purchased solutions from Sandvine’s Virtual Series.

By eliminating the cost and technological complexity associated with a traditional proprietary hardware deployment, Sandvine’s Virtual Series gives innovative communications services providers (CSPs) economical access to the same powerful Network Policy Control functions once available only to larger operators.

SpeedConnect purchased multiple instances of Sandvine’s Policy Traffic Switch (PTS) Virtual Series, which will be used to manage traffic for an improved subscriber quality of experience.

“A fully virtualized solution was the only way to enable our entire network with advanced policy control capabilities at once,” said SpeedConnect Chief Executive Officer, John Ogren. “Through previous acquisitions, we had become familiar both with Sandvine’s solutions and those of competitors, but only in traditional deployment models. Sandvine’s ability to offer the same policy capabilities through a virtualized solution allowed us to extend the benefits of advanced policy control to all of our subscribers over multiple states in a way that made sense today.”

Supporting industry and open standards, the Sandvine Virtual Series delivers Sandvine’s powerful Policy Engine, PCEF, and PCRF as an elastically-scalable virtual network function for Network Functions Virtualization (NFV)-ready networks. NFV is a carrier-led effort to move away from proprietary hardware, motivated by desires to dramatically reduce the cost of deployment by using standard x86 commercial off-the-shelf (COTS) hardware for everything. Running all functions on identical, shared hardware promises a much simpler, more efficient network.

“Sandvine is very excited to be able to offer the benefits of network policy control to every market segment. Increasingly in North America, operators will compete on the ability to offer truly innovative service plans to their subscribers. The Sandvine Virtual Series helps bring the policy capability that supports those plans to both established operators and young, innovative competitors,” said Tom Donnelly, Sandvine’s COO, Sales and Global Services.

Related to its NFV initiatives, Sandvine will be presenting on Dynamic, Application-Aware Service Chains in NFV on November 4 as part of the Intel Network Builders webinar series.

SpeedConnect serves customers with wireless broadband Internet, DISH TV and telephone service in Michigan, Iowa, Illinois, Nebraska, South Dakota, Idaho, Montana and Texas. SpeedConnect owns and uses FCC-licensed 2.5 GHz EBS and BRS spectrum and technology. Parent LLC SpeedConnect is a Michigan Limited Liability Corporation, and is principally owned by Robert G. Liggett and John A. Ogren. Please visit speedconnect.com.

ABOUT SANDVINE

Sandvine’s network policy control solutions add intelligence to fixed, mobile and converged communications service provider networks to enable services that can increase revenue and reduce network costs. Powered by Sandvine’s Policy Engine and SandScript policy language, Sandvine’s networking equipment performs end-to-end policy control functions including traffic classification, and policy decision and enforcement across the data, control and business planes. Sandvine’s products provide actionable business insight, the ability to deploy new subscriber services and tools to optimize traffic while enhancing subscriber Internet quality of experience.

Sandvine’s network policy control solutions are deployed in more than 250 networks in over 90 countries, serving hundreds of millions of data subscribers worldwide, www.sandvine.com.

INVESTOR RELATIONS CONTACT

Rick Wadsworth
Sandvine
+1 519 880 2400 ext. 3503
rwadsworth@sandvine.com

MEDIA CONTACT
Dan Deeth
Sandvine
+1 519 880 2232
ddeeth@sandvine.com

FORWARD-LOOKING STATEMENTS

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 and the potential revenue opportunity with any particular customer or in any market segment are forward looking statements. In addition this release may also reference certain orders that have not yet resulted in revenues for Sandvine and there is no assurance that such orders will result in revenue or the timing upon which such may occur. There may be conditions or other circumstances that may impact if and when such orders actually translate to revenue. 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.

UPDATED : 2014-10-28 16:10:52