Virtual CPE solution utilized for subscriber experience assurance
Fremont, Calif., February 17, 2015 — Procera Networks, Inc. (NASDAQ: PKT), the global Subscriber Experience company, today announced that Boingo Wireless has chosen Procera’s PacketLogic/V™ solution to manage the consumer experience at its wireless hotspot locations.
Boingo has installed a virtual CPE solution from Procera to shape network traffic and apply granular profiles that deliver multiple classes of service as part of its S.M.A.R.T Network offering.
“Procera’s platform is a great fit for our NFV-driven architecture,” said Derek Peterson, Ph.D., Chief Technology Officer of Boingo Wireless. “Their ability to deliver a fully virtualized PacketLogic solution enabled Boingo to achieve the ROI that we needed for our business model. We evaluated hardware-based solutions, but they did not meet our cost or deployment flexibility requirements.”
“NFV is a strategic technology for Procera, and Boingo is a perfect example of new business opportunities enabled by NFV,” said Mike Kay, Vice President of Business Development for Procera Networks. “Virtual CPE solutions can bring the power of Procera’s solutions to the edge of the network with substantial cost savings and deployment flexibility.”
PacketLogic/V delivers the full suite of PacketLogic solutions in a software-only footprint, enabling network operators to enjoy all the benefits offered by Network Functions Virtualization (NFV) technology. The virtual customer premises equipment (CPE) offering bundles all of Procera’s rich insights and actions solutions into an easily deployable Virtual Network Function as a Service (VNFaaS). Network operators can offer a wide variety of solutions to their consumer or enterprise customers as a cloud-based service offering with ultimate flexibility for both performance and functionality. Procera’s Virtual Network Function Manager will be used to dynamically create PacketLogic/V instances as needed, delivering on the promise of service flexibility and elasticity that the ETSI NFV specifications require.
About Procera Networks, Inc.
Procera Networks, Inc. (NASDAQ: PKT), the global Subscriber Experience company, is revolutionizing the way operators and vendors monitor, manage and monetize their network traffic. Elevate your business value and improve customer experience with Procera’s sophisticated intelligence solutions. For more information, visit http://www.proceranetworks.com or follow Procera on Twitter at @ProceraNetworks.
Cautionary Note Regarding Forward-Looking Statements
This press release contains forward-looking statements related to Procera Networks, Inc., including statements relating to the introduction of a new product and solutions, the potential new applications for Procera’s products, the performance of and demand for Procera’s new products and solutions, the timing of general availability and the ability to generate revenue from new products and solutions, and the ability of its products and solutions to interoperate effectively with other technologies and meet the requirements of customers. Statements in this release that are not historical or current facts are forward-looking statements. All forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements are not guarantees of future performance and involve known and unknown risks, uncertainties and other factors that may cause the Company’s actual results, performance or achievements to be materially different from any future results, performances or achievements expressed or implied by the forward-looking statements. These risks and uncertainties include, without limitation, risks and uncertainties related to the acceptance and adoption of Procera’s products and solutions; the Company’s ability to service and upgrade its products; its dependence on a limited product line and key customers; its dependence on key employees; its ability to compete in our industry with companies that are significantly larger and have greater resources; its ability to protect its intellectual property rights in a global market; its ability to manufacture product quickly enough to meet potential demand; and other risks and uncertainties described more fully in the Company’s documents filed with or furnished to the Securities and Exchange Commission. More information about these and other risks that may impact Procera Networks’ business are described in the "Risk Factors" sections of its Form 10-K filed for the year ended December 31, 2013, its subsequently filed quarterly reports, and other reports filed with the SEC, which are available free of charge on the SEC's website at http://www.sec.gov or on Procera’s website at http://www.proceranetworks.com. Given these risks and uncertainties, investors should not place undue reliance on forward-looking statements as a prediction of actual results. All forward-looking statements in this press release are based on information available to Procera as of the date hereof, and the Company undertakes no obligation to update, amend or clarify any forward-looking statement for any reason.
Bob Eastwood, Engage PR for Procera Networks, 510-748-8200 x215,
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