Fremont, Calif., June 2, 2015 — Procera Networks, Inc. (NASDAQ: PKT), the global Subscriber Experience company, today announced RAN Perspectives has won the 2015 Pipeline Magazine Innovation Award in the “Editor’s Choice” category. RAN Perspectives is a ground-breaking Subscriber Experience Assurance solution for mobile broadband operators that delivers real-time location and RAN Quality of Experience (QoE) awareness, which can be leveraged to enhance the mobile broadband experience for consumers.
“This award from Pipeline Magazine is further validation that Procera has the industry’s best subscriber management solution,” said Thomas Vasen, subscriber experience evangelist at Procera Networks. “With QoE as the new battleground for mobile operators, no other solution provider can match Procera’s ability to provide real-time location and usage metrics into subscribers’ experiences, and enable operators to take action to manage those experiences.”
RAN Perspectives is also shortlisted in the “Best New Product (Mobile)” category of Light Reading’s Leading Lights awards, with winners announced on June 8 in Chicago at the Big Telecom Event. Additionally, RAN Perspectives previously won “Best in Show” in the 2014 Fierce Innovation Awards.
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. The company recently released results of a survey on the Mobile Subscriber Experience, revealing common consumer pain points that can lead to user dissatisfaction and churn. Full survey results and a complementary infographic can be found on the Procera blog.
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.
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