|By Marketwired .||
|June 3, 2014 06:00 AM EDT||
FREMONT, CA -- (Marketwired) -- 06/03/14 -- Procera Networks, Inc. (NASDAQ: PKT), the global Internet Intelligence company, today announced that its Network Application Visibility Library (NAVL) has been selected by Connectem to enhance its virtual evolved packet core (vEPC), the industry's first comprehensive EPC solution for a virtual environment. Procera's NAVL software engine provides application identification, traffic visibility, intelligence and control for Connectem's solution. This ensures the Connectem vEPC offers all of the advanced traffic management functions, and delivers world-class analytics in the demanding mobile network environments that providers are building today. Additionally, this collaboration takes advantage of Network Function Virtualization (NFV), further solidifying the approach of both vendors in relation to this critical and emerging carrier initiative.
Using NAVL's Internet Intelligence, Connectem's vEPC provides ongoing, real-time application usage information that is critical to mobile providers. Such analytics and usage data can help define product mix and potential new service offerings, as well as alert operators to new and emerging trends. An increased focus on specialized service packages, the ability to clearly delineate what subscribers are doing on the network and potentially enforce policy and service level through application identification has become a critical capability.
"In our review of Procera's NAVL product, we found that Procera is committed to the vendors that are developing products for the NFV environment," said Barry Hill, founder at Connectem. "That commitment, combined with a laser-focus on simplicity of integration and performance, makes NAVL a great fit for inclusion in our vEPC product. We look forward to introducing our product in the market, knowing that we have chosen the right partner from a network analytics and deep packet inspection perspective."
James Dirksen, vice president of OEM products at Procera, stated that, "Enabling strong partners such as Connectem with state-of-the-art embedded intelligence is what NAVL was designed to do from the ground up. As the market moves toward NFV, Procera's commitment to powering these NFV solutions with embedded products remains steadfast. We have made significant investments in critical engineering functions to further expand NAVL's market leadership in this space, and feedback from our customers and prospects has been strong -- with many already making commitments to Procera's NAVL application identification engine."
NAVL's industry leading traffic signature database is updated on an ongoing basis, allowing solutions providers to keep their products current, a difficulty with a constantly evolving network landscape that includes frequently altered and newly emerging malicious sites, security threats and potential sources of Internet abuse. NAVL is a next-generation Deep Packet Inspection (DPI) software engine that provides real-time, Layer-7 classification of network traffic. Running on all popular processors and operating systems, NAVL allows integrators to remain focused on their core competencies while implementing industry-leading DPI functionality from Procera in their products.
Connectem Inc. was founded in 2011 by industry veterans who identified an opportunity to bring the advances of virtualization and cloud computing to the Mobile Packet Core. Connectem's Virtual Core for Mobile (VCM) Platform is one of the few true innovations to have been introduced to the mobile operator infrastructure in years, fundamentally changing the way wireless devices connect to a powerful and elastic network. With this platform, carriers for the first time can economically address the rapid growth in services, the number of IP endpoints and the associated signaling. Further information is available at www.connectem.net.
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., the potential applications for Procera's products, the performance of, and demand for, Procera's products, and the ability of its products 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 Procera'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; Procera's ability to service and upgrade its products; its dependence on a limited product line and key customers; its dependence on key employees; its customers canceling orders or awards; its ability to achieve revenue recognition on awarded business; its ability to compete in its 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 Procera'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 and its Form 10-Q filed for the quarter ended March 31, 2014 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 Procera undertakes no obligation to update, amend or clarify any forward-looking statement for any reason.
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