Collaboration with Openet Enables One of the Leading Mobile Operators in APAC to Optimize its Network Experience
FREMONT, Calif., Feb. 21, 2013 — Procera Networks, Inc. (NASDAQ: PKT), the global
intelligent policy enforcement company, today announced that the one of the fastest
growing mobile operators in APAC has selected Procera’s PacketLogic™ solutions
combined with Openet Policy Manager technology to enhance its network service
The partnership between Procera and Openet enables the operator to optimize mobile
data network performance for all subscribers, and to control network costs. Procera
and Openet are working together worldwide to help operators meet the needs of mobile
subscribers. As more consumers begin to rely on their smartphones for everyday tasks,
policy solutions deliver an improved experience by enabling them to monitor data
consumption in real-time, set personal alerts, and purchase additional data entitlement.
Through this Policy Management implementation, Openet and Procera have made it
possible for the operator to experience significant data ARPU and subscriber growth in the
"The shift to LTE provides network operators an opportunity to offer high-value personalized
services to mobile broadband consumers," said James Brear, president and CEO at
Procera. "Our work in APAC with Openet leverages both companies' leading edge technology
and scalability to deliver high quality mobile broadband services to their subscribers."
"The rollout of LTE is driving investments in policy and charging control systems to
facilitate the launch of value based pricing and to prepare for more complex network
services such as service passes for data roaming," said Niall Norton, CEO at Openet. "Our
work with Procera for this LTE operator proves the importance of these investments for
business growth and improved customer satisfaction."
About Procera Networks, Inc.
Procera Networks Inc. (NASDAQ: PKT) delivers Intelligent Policy Enforcement solutions
designed for carriers, service providers and enterprises worldwide. Procera’s PacketLogic
solutions provide actionable intelligence and policy enforcement to ensure a high quality
experience for any Internet connected devices. Network operators deploy Procera’s
technology to enable real-time visibility, superior performance and scalability, and deliver
personalized services for millions of enterprises and consumers. For more information,
visit www.proceranetworks.com or follow Procera on twitter at @ProceraNetworks.
Since the introduction of mobile data services in 1998, Openet has helped service
providers capitalize on opportunities and overcome challenges. With competitive pressure
accelerating, today's service providers rely on Openet software to evolve business
models around networking smartphones, M2M devices and third party services. Openet’s
portfolio combines policy and charging control with device and third party interaction to
enable innovative charging models, to control operating cost and to personalize services.
More than 80 of the world’s largest service providers in 28 countries use Openet’s high
performance software. For more information, please visit www.openet.com.
Cautionary Note Regarding Forward-Looking Statements
This press release contains forward-looking statements, including statements relating to the
potential applications and demand for Procera’s products, the performance of its products and the
ability of its products to meet the requirements of customers. These forward-looking statements
involve risks and uncertainties, as well as assumptions 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 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, 2011, and in its subsequently filed quarterly reports on Form 10-Q. 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.
Fran Lowe, Engage PR for Procera Networks, 510-748-8200 x225,
Investor Relations Contact
Charles Messman or Todd Kehrli, MKR Group Inc., 323-468-2300,