Increased time-to-market for complementary offerings and accelerated deployment of NFV solutions key to delivering on promise of virtualization
Fremont, Calif., February 17, 2015 — Procera Networks, Inc. (NASDAQ: PKT), the global Subscriber Experience company, today launched the Procera Alliances Program, aimed at fostering mutually developed and integrated solutions that are jointly monetized and marketed to enterprises and network operators worldwide.
While not limited to network functions virtualization (NFV) solutions, the Alliances Program is driven largely by a need within the vendor community for proven interoperability among complimentary virtualized solutions in order to deliver on the promise of NFV. Partners may enroll in one of two tracks depending on the nature of their solution and the degree of integration involved:
- Solution Partners – Will tackle pre-defined use cases, such as Virtual Consumer Premises Equipment (vCPE) and Mobile Policy Control, and involve Alliances with whom Procera collaborates to mutually develop and commercialize innovative, integrated solutions and services. One example of a solution in this category is Revenue Express, the industry’s first end-to-end turnkey Policy Control and Charging (PCC) solution built in collaboration with Openet.
- Technology Partners – Comprised of hardware and platform vendor and NFV technology partners with whom Procera collaborates to ensure tested and certified interoperability and product functionality. Procera has also pioneered the Market-Ready sales enablement tool for Technology Partners, as well as a Platform Configurator tool concept.
Vendors who enroll will join over ten other solutions providers currently engaged in the Procera Alliances Program and will be among the first in the industry to go to market with integrated and tested real-world NFV solutions that operators can deploy on their networks today. Additional benefits of enrolling in the Program include a listing in the Procera Alliances Directory, access to a dedicated Alliances Liaison, structured deal and proof-of-concept collaboration, and access to Procera’s training centers and labs for Alliances Onboarding Training, integration testing and optional “NFV-Ready” certification. The program will also be open to channel partners worldwide.
“Virtualization opens new routes to market, but the vast number of niche NFV solutions in this new marketplace can cause confusion amongst potential buyers,” said James Brear, CEO of Procera Networks. “For operators who are unsure about the first step to take toward embracing live NFV architecture, the Procera Alliances Program provides a step-by-step approach through pre-tested and pre-packaged solutions that work out of the box.”
For more information or to enroll in the Procera Alliances Program, visit www.proceranetworks.com/alliances.
Procera will also be exhibiting at Mobile World Congress 2015 at Hall 5, Stand 5H61, where they will be releasing their new book “Mobile Subscriber Experience for Dummies” as well as showcasing the NFV PacketLogic/V platform, Customer Care and Engineering Analytics Insights solutions, real-time location awareness solution RAN Perspectives, and the video analytics solution Video Perspectives. For more information or to schedule a one-on-one meeting, visit www.proceranetworks.com/form/mwc.
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.
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