Procera News also
Procera Networks Receives $3.5 Million in Follow-On Orders From Three Tier 1 Broadband Operators
Momentum in EMEA, APAC and LATAM Continues to Grow With Investments in Customer Satisfaction
FREMONT, CA--(Marketwired - May 27, 2014) -
Procera Networks, Inc. (NASDAQ: PKT), the global Internet Intelligence company, today announced it has received three follow-on orders from Tier 1 broadband operators in APAC, EMEA, and LATAM totaling $3.5 million. The orders are for the continued rollout of
PacketLogic™ solutions on their fixed and mobile networks to enhance the quality of experience for their subscribers. The orders include both hardware and software components that expand the operator's existing deployment of Procera solutions. This revenue is expected to be recognized in the second quarter of 2014.
"Our customers continue to gain insights from Procera's solutions that enable them to deliver a better quality of experience to their subscribers," said Paul Gracie, senior vice president of global sales and services at Procera Networks. "These operators are finding new uses for our solutions, accelerating deployments that make their services more attractive for their subscribers, and allowing them to increase revenue while reducing churn."
Procera's solutions deliver unprecedented levels of service velocity, personalization and optimization for mobile operators, providing network assurance and the rapid creation of new business models to improve monetization of their network investments. PacketLogic platforms allow operators to deliver an enhanced experience to broadband subscribers, and are powered by the
PacketLogic software suite, meant for network operators to
gain insights and
take action on broadband traffic.