Internet Subscriber Analytics and Content Intelligence Drive Service Provider’s Evolving
FREMONT, Calif., November 4, 2013—Procera Networks, Inc. (NASDAQ: PKT), the global Internet Intelligence company, today announced it has received an initial order from a Tier 1 European fixed-line operator. The carrier selected PacketLogicTM Intelligent Policy Enforcement (IPE) systems to support sophisticated policy creation and enforcement for parental control of objectionable content, and to provide detailed subscriber-aware traffic analysis in its fixed-line broadband network. Procera expects to recognize the revenue from this initial order in the fourth quarter of 2013.
"Broadband operators worldwide are looking to go beyond government regulations to filter objectionable adult content," said Paul Gracie, Senior Vice President Global Sales and Services at Procera. "Our ContentLogic content intelligence products allow for a great deal of customization by our service provider customers, enabling them to create their own lists of undesirable or unacceptable sites; thereby giving them the ability to offer tighter content control and more scalability than would be possible with competitive systems."
Procera’s ContentLogic products provide network operators with the most detailed visibility into the categories of content that are driving subscriber usage, and enable parental control services to filter objectionable content when appropriate. Procera’s PacketLogic Report Studio gives service providers the network visibility they need to create highly accurate subscriber usage profile reports. This software is provided with all IPE systems, enabling all network operators to flexibly drill down into their network traffic and achieve detailed understanding of subscriber, device, application, and location- based analytics as required.
About Procera Networks, Inc.
Procera Networks Inc. (NASDAQ: PKT) delivers Internet Intelligence solutions to service providers and network equipment manufacturers for analytics and enforcement of broadband traffic worldwide. Procera's solutions provide actionable intelligence and policy enforcement to ensure a high quality of experience for any Internet and network connected device. For more information, visit www.proceranetworks.com or follow Procera on Twitter at @ProceraNetworks.
Cautionary Note Regarding Forward-Looking Statements
This press release contains forward-looking statements, including statements relating to the anticipated timing of revenue recognition and the ability of the products and solutions provided by Procera Networks, Inc. to meet the requirements of advanced communications networks and achieve customer acceptance for its products. These forward-looking statements involve risks and uncertainties, as well as assumptions Business Model that, if they do not fully materialize or prove incorrect, could cause Procera’s results to differ materially from those expressed or implied by such forward-looking statements, including risks related to the acceptance and adoption of Procera’s products; Procera’s ability to service and upgrade its products; lengthy sales cycles and lab and field trial delays by service providers; Procera’s ability to obtain any follow-on orders from major customers; Procera’s customers canceling orders; Procera’s dependence on a limited product line; Procera’s dependence on key employees; Procera’s ability to compete in its industry with companies that are significantly larger and have greater resources; Procera’s ability to protect its intellectual property rights in a global market; Procera’s ability to manufacture product quickly enough to meet potential demand; and other risks and uncertainties described more fully in our 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 set forth in Procera’s Form 10-K filed for the year ended December 31, 2012, and in its subsequently filed quarterly reports. All forward-looking statements in this press release are based on information available to us as of the date hereof, and we assume no obligation to update these forward-looking statements.
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