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Recent Press Releases Procera Networks Announces Expanded Executive Team...
Recent Press Releases Procera Networks Announces Expanded Executive Team...
| Procera Networks Announces Expanded Executive Team to Support Accelerating Worldwide Growth |
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Operators' Growing Need for Network Intelligence to Remain Profitable Drives New C-Level Position and Appointments FREMONT, CA—Sept. 14, 2011 - Rising pressure on operators and increasing demand for Procera's PacketLogic technology have fueled worldwide company growth at Procera Networks, Inc. (NYSE Amex: PKT), the intelligent policy enforcement company. This growth has led Procera to create two new C-level positions at the company; Chief Strategy Officer to be filled by former Procera Vice President of Global Marketing, Jon Lindén, and Chief Scientist to be held by Peter Alm, a founder of Procera. At the same time, Cam Cullen, formerly Procera's Vice President of Product Management, has been appointed Vice President of Global Marketing, with an expanded marketing support team reporting to him. All three; Lindén, Alm and Cullen, with 17, 12, and 20 years of industry experience, respectively, have been key contributors in advancing Procera's position as the leader in delivering intelligent policy enforcement solutions. Operators need data that they can trust and use to optimize existing network resources and manage quality of service and security, as data usage per subscriber keep growing. Procera's single-minded focus on delivering trusted network intelligence sets them apart from the pack. "Procera's network intelligence solution enables operators to understand what types of traffic and applications are driving usage and to maximize the quality and lifetime of their networks, thus helping them remain profitable," said James F. Brear, president and CEO of Procera Networks. "In the next 18 months, we expect network traffic to have quadrupled even without an increase in subscriber numbers." "With these promotions and an expanded executive team, Procera is now even better positioned for strategic growth. Lindén will focus on accelerating the pace of strategic partnerships for Procera, growing the company's overall ecosystem. At the same time Alm will oversee the research team at Procera to create new industry-leading technologies that can be leveraged by our customer base, and Cullen will continue to drive development and monetization of Procera's product range. Procera's mission of managing and monetizing the world's most complex networks for operators and their clients remains uppermost. And customers are recognizing our success and their confidence in Procera with multiple follow-on orders." Procera provides its PacketLogic solution to operators of both fixed and mobile networks. Mobile operators asserted their confidence in Procera in a customer survey this year; they noted uses for Procera's products from video traffic management to network security. Many of these clients sign follow-on orders, often for multiple millions of dollars. Reflecting this, the past fiscal year has seen Procera's revenue grow by 75% YOY. Lindén, based in Varberg, Sweden, has worked with Procera since the company's initial launch in 2001. As Chief Strategy Officer, he is responsible for Procera's long-term strategy and technology partnerships. He brings a strong background in sales, business development and global marketing, with extensive experience in managing networking products throughout their lifecycle. Prior to joining Procera Networks, Lindén was the CEO of a venture-funded company and led sales and marketing at a content management software group. As Vice President of Global Marketing, Cullen is responsible for Procera's overall global marketing and product management. He joined Procera in 2009 as vice president of product management; he executed product strategy and expanded product offerings. He is based in Boston. Prior to Procera, Cullen held senior product management and marketing roles at Allot Communications and Quarry Technologies/Reef Point Systems, where he was Vice President of Product Management and Marketing, as well as various roles in business development, marketing and sales at 3Com. Alm, based in Varberg, Sweden, is one of the original founders of Netintact AB, and the original and ongoing chief architect of Procera's PacketLogic software. Procera acquired Netintact AB in 2006. Prior to Procera, Alm was the principle author of XMMS (known as X11AMP in the early days), which was the Linux Journal Award winning media player for unix, six years in a row. Procera has also added the new role of Director, Product Marketing, recently appointing Hiran Thacker to the position, based in Fremont, California. Hiran joined Procera from Tellabs.
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