Tele2 Deploys Procera in Its LTE Network
April 19 2011 - 5:30AM
Marketwired
Procera® Networks Inc. (NYSE Amex: PKT), the intelligent policy
enforcement company, today announced that mobile operator Tele2
(STKM: TEL2) is deploying Procera's PacketLogic in its 4G LTE
network. Tele2 has 31 million subscribers in 11 countries and was
one of the first operators in the world to launch a commercial LTE
service late last year.
This expanded installation is a combination between Procera's
flagship PacketLogic PL10000 series and its recently introduced
PL8820 product. Both products offer superior cost-efficient
performance, which is in line with Tele2's philosophy of providing
cost competitive high quality services.
"Tele2 is a great customer and they set high standards for
Procera as a vendor and for our products," said Jon Lindén, Vice
President of Global Marketing at Procera. "This expanded deployment
reflects their confidence in our products, the strength of our
mobile offering and our ability to comply with customer
requirements and conditions of broadly adopted mobile standards.
The solution serves Tele2 with business intelligence on user
behavior, providing critical information for its customer-driven
offerings."
About Procera Networks Inc. Procera
Networks Inc. delivers Intelligent Policy Enforcement (IPE)
solutions, leveraging advanced Deep Packet Inspection (DPI)
technology. This enables carriers, services providers and higher
education institutions to improve the quality and lifetime of their
networks, better monetize their infrastructure investments, control
hazards, and create attractive services for their users by making
qualified business decisions based on granular user and traffic
intelligence. Procera's core product suite, the PacketLogic line of
platforms, is an engine that drives the PCC (Policy and Charging
Control) ecosystem, by enforcing advanced network and service
policies. PacketLogic is deployed at more than 600 customers who
value the unparalleled accuracy and high-end performance of the
PacketLogic solution. 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.
Safe Harbor Statement: This press release
contains forward-looking statements within the meaning of The
Private Securities Litigation Reform Act of 1995 (the "Act"). In
particular, when used in this press release, the words "plan,"
"confident that," "believe," "scheduled," "expect," or "intend to,"
and similar conditional expressions are intended to identify
forward-looking statements within the meaning of the Act and are
subject to the safe harbor created by the Act. Such statements are
subject to certain risks and uncertainties and actual results could
differ materially from those expressed in any of the
forward-looking statements. Such risks and uncertainties include,
but are not limited to, the ability of Procera to commercialize the
applicable technology and introduce products and the acceptance of
those products by the market, the ability of resellers to sell the
Procera products, market conditions, the general acceptance of the
Company's products and technologies, competitive factors, timing,
and other risks described in the Company's reports and filings with
the SEC from time to time.
Procera Networks is a registered trademark, and PacketLogic and
DRDL are trademarks of Procera Networks, Inc. All rights reserved.
All other products or brands mentioned are trademarks and/or
service marks of their respective owners.
Add to Digg Bookmark with del.icio.us Add to Newsvine
Press Contact Diana Loredo Procera Networks
1-510-228-4291 diana.loredo@proceranetworks.com Investor
Relations Contact Charles Messman or Todd Kehrli MKR Group Inc.
323-468-2300 pkt@mkr-group.com
Procera Networks, Inc. (AMEX:PKT)
Historical Stock Chart
From Dec 2024 to Jan 2025
Procera Networks, Inc. (AMEX:PKT)
Historical Stock Chart
From Jan 2024 to Jan 2025