Highlights partner momentum, advanced subscriber analytics, virtualized PCC, and OEM solutions
FREMONT, Calif., February 11, 2014 — Procera Networks, Inc. (NASDAQ: PKT), the global Internet Intelligence company, today announced it will be attending and exhibiting at Mobile World Congress 2014, February 24-27 in Barcelona. Procera will be demonstrating its full lineup of embedded and virtualized products in addition to cutting-edge subscriber analytics capabilities harnessing the multi-dimensional power of gathering Internet intelligence in real-time.
As broadband usage continues to skyrocket and subscribers pivot to a mobile-centric Internet experience, today’s communication service providers must leverage the power of subscriber analytics to develop cutting-edge mobile services and increase customer retention. According to Heavy Reading, the market for big data technology and services in the communications sector will grow by more than 400% over the next seven years. Procera’s Internet Intelligence solutions and best-of-breed ecosystem partners are increasingly sought by mobile operators to run their networks more efficiently and to gather valuable subscriber data that can generate insights into new trends and services to enhance the mobile experience.
On demonstration at Mobile World Congress will be powerful real-time subscriber analytics visualization capabilities for mobile operators’ customer service, network engineering and executive/marketing departments. Procera will also be showing a live NFV demonstration of its virtualized 3GPP Policy Charging and Control (PCC) solution Revenue Express in cooperation with Openet, as well as a demo of its minimally CPU-intensive OEM intelligence solutions with Intel and Napatech.
In 2013, Procera sought to expand its partnership ecosystem as part of a larger best-of-breed technology strategy to deliver highly customized solutions based on the diverse needs of network operators around the world. At Mobile World Congress, attendees will have the opportunity to meet with Procera technology partners Openet, Tata Communications, and Skyfire (Opera) during evening cocktail receptions in Procera’s booth. To secure an invitation to one of these receptions, please contact Procera@engagepr.com.
For more information on Procera’s solutions and partnerships, stop by its booth at Mobile World Congress, stand #5J30, visit the company’s website, or contact email@example.com. If you are a member of the media or an analyst and would like to schedule a briefing with Procera Networks or schedule your attendance for any partner receptions during Mobile World Congress 2014, please contact Procera@engagepr.com.
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 experience for any Internet and network connected device. 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 anticipated benefits of the potential applications for Procera’s products and the performance of its products. 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; its ability to continue to integrate Vineyard Networks and realize anticipated benefits from the acquisition; 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, 2012 and its Form 10-Q filed for the quarter ended September 30, 2013, 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.
Bob Eastwood, Engage PR for Procera Networks, 510-748-8200 x215, firstname.lastname@example.org
Investor Relations Contact
Nicole Noutsios, NMN Advisors, Inc., 510-315-1003, email@example.com