LOS GATOS, CA (MARKET WIRE) Procera® Networks, Inc. (AMEX: PKT), a pioneering developer of network traffic and service management infrastructure equipment, today announced the appointment of James F. Brear, an industry veteran with more than 18 years of experience in the networking industry, as President and CEO. Mr. Brear joins Procera Networks to further the company's position as the leader in managing and monetizing the world's most complex networks.
Through his career, Mr. Brear has gained a wealth of knowledge working with the leading service providers, government agencies and enterprises around the world. Brear has a proven track record in identifying emerging markets and industries, and the technologies needed to support their rapid growth.
Most recently, Mr. Brear served as vice president of worldwide sales and support for Bivio Networks, a maker of deep packet inspection platform technology. Under his leadership, the company rapidly expanded its worldwide sales presence, resulting in sales to a number of global Tier 1 service providers -- and government agencies, as well as four large OEM customers.
Prior to Bivio, Brear was vice president of worldwide sales for Tasman Networks (acquired by Nortel), a maker of converged WAN solutions for enterprise branch offices and service providers. Earlier in his career, Mr. Brear was the vice president of worldwide sales for Force10 Networks, where he was responsible for taking the company from a pre-revenue start-up to the industry leader in switch routers for high performance Gigabit and 10 Gigabit Ethernet. In addition, he spent five years with Cisco Systems, where he held senior management positions in Europe and North America with responsibility for delivering more than $750M in annual revenues selling into the world's largest service providers. Previously, Brear held a variety of sales management positions at both IBM and Sprint Communications. He holds a Bachelor of Arts degree from the University of California at Berkeley.
"Procera Networks has built a strong foundation with world-class deep packet inspection technology, a growing network of channel partners and a worldwide customer base of more than 400 service providers, higher education institutions and other organizations," said James Brear, president and CEO of Procera Networks. "As president and CEO, my focus will be to leverage the company's many strengths to expand Procera's market share and penetration across all geographies, while continuing our industry-leading innovation in network traffic and service management technologies."
"Through the course of his career, James has developed an exceptional combination of strategic vision, operational excellence and results-driven performance, coupled with a deep knowledge of the industry and executive relationships across multiple markets," said Scott McClendon, chairman of Procera Networks' Board of Directors. "Procera Networks will benefit from his extensive leadership experience and his proven ability to accelerate business growth and profitability.
"Speaking on behalf of the board of directors, we extend our sincere appreciation to Tom Williams for his leadership as interim CEO over the past several months, and for his continuing contribution as CFO," he continued. "Tom's commitment to Procera is exemplified by his efforts to help secure James Brear as Procera Networks' new president and CEO."
About Procera Networks
Founded in 2002, Procera Networks, Inc. (AMEX: PKT) is a global provider of intelligent network traffic identification, control and service management infrastructure equipment. Procera's core product suite, the PacketLogic™ line of appliances, provides the most accurate application identification available today by using the industry leading connection identification engine DRDL™ (Datastream Recognition Definition Language). PacketLogic is deployed at more than 400 broadband service providers (xSPs), telcos, colleges and universities worldwide. For more information, visit www.proceranetworks.com
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