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LOS GATOS, Calif., Apr 30, 2009 – Procera® Networks Inc. (NYSE AMEX: PKT), a developer of Evolved Deep Packet Inspection (DPI) solutions providing traffic awareness, control and protection for complex networks, today announced that Charles Constanti, has agreed to join the company as Vice President and Chief Financial Officer commencing on May 11, 2009.
“Constanti brings broad financial expertise with 23 years of public company financial experience and a track record of delivering results”, said James Brear, President and CEO. “He has the financial leadership skills to guide the Procera global Finance team at a time of rapid growth, as we expect to take a leadership position in mobile and higher education markets.” Mr. Constanti, 45, was the vice president and CFO of Netopia, Inc., a telecommunications equipment and software company, until its acquisition by Motorola, Inc., where he has held a senior finance position for the past two years. Prior to that, Mr. Constanti was the vice president and corporate controller of Quantum Corporation, where he served for 8 years. Mr. Constanti held various finance positions at BankAmerica Corporation for 8 years, including vice president positions in accounting policy and corporate general accounting. Mr. Constanti was an auditor for PricewaterhouseCoopers and is a certified public accountant. He earned a B.S in Accounting from Binghamton University.
About Procera Networks Inc. Procera Networks Inc. delivers Evolved DPI solutions that give service providers awareness, control and protection of their applications and networks. Its core product suite, the PacketLogic line of platforms, leverages the company’s advanced identification engine, DRDL™ (Datastream Recognition Definition Language), to provide accurate identification of network traffic in real-time. PacketLogic is deployed at more than 600 broadband service providers, telcos, governments and higher education campuses worldwide. Founded in 2002, Procera (NYSE AMEX: PKT) is based in Silicon Valley and has offices around the globe. More information is available at www.proceranetworks.com.
Press Contact Jon Linden, Procera Networks, 408-354-9386, jon.linden@proceranetworks.com
Investor Relations Contact John Liviakis, Liviakis Financial Communications, Inc, 415-389-4670, john@liviakis.com
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