Fremont, Calif., June 2, 2015 — Procera Networks, Inc. (NASDAQ: PKT), the global Subscriber Experience company, today announced the company will exhibit and speak about the challenges and opportunities involved with managing the modern subscriber experience at Light Reading’s Big Telecom Event, held June 9-10 in Chicago.
On Wednesday, June 10 at 2:00 p.m. CDT, Vice President of Global Marketing Cam Cullen will speak in a panel session titled, “Improving Customer Experience: The Critical Role of Service Management in a Virtualized World.” Moderated by Michael Howard, Senior Research Director at Infonetics/IHS Technology, the panel will discuss how operators' service management strategies need to evolve in order to address this market reality.
The panel will explore how Network Functions Virtualization (NFV) and Software Defined Networking (SDN) are forcing the convergence of network and data centers into a single resource pool where elasticity, which was previously equated to data center environments, is now migrating to the networking space. Closed looped alignment between previously siloed functions such as service fulfillment and service assurance will become critical components of operators’ next generation OSS strategies.
Procera is also shortlisted in the “Best New Product (Mobile)” category of Light Reading’s Leading Lights awards for RAN Perspectives, an innovative and lightweight SIM-based location intelligence solution that enables mobile operators to gain insight and take action to improve the subscriber experience. On demonstration at Procera’s stand (#104) during the event will be the Insights family of solutions, which provide granular subscriber analytics through an easily consumable dashboard depending on your role within the organization—for example, customer service, engineering, or marketing departments can gain access to the real-time analytics they need to troubleshoot service issues, enhance network performance, and create innovative new product offerings.
Procera recently unveiled the results of a highly anticipated survey on the Mobile Subscriber Experience, comprising over 500 respondents from 62 different countries. The results reveal the most common pain points for mobile subscribers’ coverage problems, as well as their tendencies to notify—or not notify—customer service to share feedback on their experiences. Procera’s granular analytics technology helps broadband operators see more detail about how subscribers perceive their network experience, enabling operators to do more to improve or enhance the outcome. Full results and a complementary infographic can be found on the Procera blog.
For more information or to schedule a meeting with Procera at Big Telecom Event, visit stand #104 during the event or Tweet to @ProceraNetworks.
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; Procera’s recently announced merger agreement with affiliates of Francisco Partners; 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, 2014, 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.
Mike Tomlinson, Engage PR for Procera Networks, 510-748-8200 x209, firstname.lastname@example.org
Investor Relations Contact
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