Procera Networks – PKT – $2 million follow-on order from a Tier-1 European Mobile Operator

Procera Networks, Inc. (NASDAQ: PKT), the Intelligent Policy Enforcement company, announced it received a $2 million follow-on order from a Tier-1 European Mobile Operator. This order is the third from this operator, and supports an increase in the number of subscribers handled by the PacketLogic solutions and the deployment of video optimization to better manage OTT video streaming. The majority of this revenue is expected to be recognized in the first quarter of 2012.

“Mobile operators are experiencing continued growth in smartphone usage that is driving new, personalized services,” said Paul Gracie, PKT’s Vice President of Sales, EMEA. “The ease of deploying new services with the PacketLogic Subscriber Manager (PSM), including subscriber and application-aware traffic steering for video optimization, is proving to be a strategic advantage for Procera customers.”

This mobile operator is expanding the PacketLogic deployment to support several new subscriber service offerings, including personalized services and tight integration with a video optimization solution. This integration has been deployed in select markets for several months, and will now be rolled out network-wide for all video traffic. The operator has also launched several other new services using Procera’s Professional Services team to quickly design and deploy solutions utilizing the PSM, which they view as a critical component of their overall Policy Enforcement deployment. The PSM has enabled this operator to quickly prototype and test new service offerings to take advantage of the rapid pace of change in the mobile application landscape.

“The landscape for personalized services for mobile operators is evolving rapidly,” said Cam Cullen, Vice President of Global Marketing for PKT. “Operators want to deploy personalized services that simultaneously benefit their subscribers and their network. Video optimization is a service that can reduce usage for subscribers and the network operator, and requires the advanced capabilities and insight that an Intelligent Policy Enforcement solution can provide.”

About PKT
Procera Networks Inc. (PKT) delivers Intelligent Policy Enforcement (IPE) solutions designed for carriers, service providers and high-end enterprises to enable proactive quality management; innovative service creation and delivery; detailed business analytics on network utilization and bandwidth consumption; and mitigate security threats. Procera’s PacketLogic solutions deliver superior performance, scalability, and functionality to allow personalized services for millions of subscribers as part of the 3GPP Policy and Charging Control architecture.

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Post Written By: Ed Liston Ed Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications. He is widely quoted in various financial publications on the Internet. When Ed is not writing about stocks, investing in stocks, talking about stocks, or otherwise doing something stock related, he likes to go sailing and fishing in his yacht.