Fremont, Calif., February 26, 2015 — Procera Networks, Inc. (NASDAQ: PKT), the global Subscriber Experience company, announced today that PacketLogic/V™, Procera’s Network Functions Virtualization (NFV) software solution, is available as a Dell solution. The solution packages an Intel® Xeon ® E5 2600 v3-based Dell PowerEdge™ R730 server platform, delivering pre-configured commercial off-the-shelf (COTS) NFV performance in excess of 150Gbps.
“Together we are making it easier for telecommunications customers to deploy PacketLogic/V solutions by creating PacketLogic-equivalent platforms available as Dell solutions,” said Michael Kay, vice president of Business Development at Procera. “In the near future, Procera will have a process for customers to procure a fully validated solution on Dell hardware and services.”
This pre-configured solution is a result of the Procera Alliance Program, with Dell joining the program as a strategic partner. This system configuration will be capable of achieving the previously announced 150Gbps of NFV performance running the full suite of PacketLogic/V capabilities.
As NFV and Virtualization are moving from proof of concepts to deployments, network operators need flexibility in how they procure hardware for network functions. Procera’s Alliance Program enables customers and regional partners to take advantage of this flexibility by delivering easy-to-deploy hardware platforms from leading telecom solutions companies like Dell.
About Procera Networks, Inc. Procera Networks, Inc. (NASDAQ: PKT), the global Subscriber Experience company, is revolutionizing the way operators and vendors monitor, manage and monetize their network traffic. Elevate your business value and improve customer experience with Procera’s sophisticated intelligence solutions. For more information, visit http://www.proceranetworks.com or follow Procera on Twitter at @ProceraNetworks.
Intel and Xeon are registered trademarks of Intel Corporation in the United States and other countries.
Cautionary Note Regarding Forward-Looking Statements This press release contains forward-looking statements related to Procera Networks, Inc., including statements relating to the introduction of a new product and solutions, the potential new applications for Procera’s products, the performance of and demand for Procera’s new products and solutions, the timing of general availability and the ability to generate revenue from new products and solutions, and the ability of its products and solutions 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 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; 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, 2013, its subsequently filed quarterly reports, 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.