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Sandvine Virtual Series Achieves Certification With Red Hat Openstack Platform 8.0

Waterloo, ON; January 31, 2017 – Sandvine, (TSX:SVC) a leading provider of intelligent broadband network solutions for fixed and mobile operators, today announced that Sandvine Virtual Series products are now certified for use on Red Hat OpenStack Platform 8.0.

The Red Hat® OpenStack® Platform combines the power of Red Hat Enterprise Linux® with Red Hat OpenStack technology to deliver a scalable and secure foundation that allows Communications Service Providers to build and manage a virtualized carrier network.

Supporting open source and open standards, the Sandvine Virtual Series delivers all the features of the traditional Sandvine platform as an elastically-scalable virtual network function (VNF) for Network Functions Virtualization (NFV)-ready networks. NFV is a carrier-led effort to move away from proprietary hardware, motivated by the desire to dramatically increase agility, enable faster service launches, and dramatically reduce the cost of deployment.

“By achieving the Red Hat OpenStack Platform certification, Sandvine is giving communications service providers additional choice in how they deploy Sandvine virtualized solutions,” said Don Bowman, CTO, Sandvine. “Sandvine’s goal is to have the most open and highest performing virtualized network policy control platform in the market, and working with companies like Red Hat is just one of the ways we are achieving that goal.”

To learn more about Sandvine’s Virtual Series and the variety of hardware and software platforms on which it can be deployed, visit Sandvine in Hall 5, Booth #5I51 at Mobile World Congress in Barcelona, Spain from February 27 - March 2.

ABOUT SANDVINE

Sandvine’s network policy control solutions add intelligence to fixed, mobile and converged communications service provider networks, to increase revenue, reduce network costs and improve subscriber quality of experience. Our networking solutions perform end-to-end policy control functions, including traffic classification, policy decision and enforcement. Deployed as virtualized network functions or on Sandvine’s purpose built hardware, the products provide actionable business insight, and the ability to deploy new consumer and business subscriber services, optimize and secure network traffic, and engage with subscribers.

Sandvine’s network policy control solutions are deployed in more than 300 networks in over 100 countries, serving hundreds of millions of data subscribers worldwide. www.sandvine.com.

INVESTOR 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, the potential revenue opportunity with any particular customer or in any market segment, the benefits 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; dependence upon key intellectual property and the potential for infringement of the intellectual property rights of others; global economic conditions and uncertainties in the geopolitical environment including the impact of regulation related to the internet and the delivery of internet services and export control regulations. 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, except to the extent required by applicable law.

UPDATED : 2017-01-31 07:34:44