Procera Networks Receives ContentLogic Order From Tier 1

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
Procera Networks Receives ContentLogic Order From Tier 1 EMEA Mobile Operator

FREMONT, CA--(Marketwired - Jun 16, 2014) - Procera Networks , Inc. ( NASDAQ : PKT ), the global Internet Intelligence company, today announced it has received a follow-on order for ContentLogic from an existing Tier 1 EMEA Mobile operator customer. The order is a software-only order that will be activated on the existing PacketLogic deployment, further increasing the strategic value that Procera solutions offer this operator. The ContentLogic software will be used to offer Parental Control services for underage subscribers. The revenue from this order will begin to be recognized in the second quarter of 2014.

"ContentLogic enables mobile operators to offer parents additional levels of child safety and enhance a family's mobile broadband experience," said Paul Gracie, senior vice president of global sales and services at Procera. "Offering Parental Control has traditionally been cost-prohibitive for large-scale deployments, and ContentLogic removes the performance and scalability barriers that are present in existing Parental Control solutions."

The mobile operator is leveraging the capabilities of ContentLogic to offer Parental Control services to its subscribers without deploying additional hardware in the network, saving both capital and operational costs. This capability can be activated in PacketLogic deployments with a software license, requiring no upgrade and immediately offering new service options for broadband operators. Procera's ContentLogic solution enhances both operator revenue and the subscriber experience by enabling the creation of more services that customers demand.

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 which is designed to enable network operators to gain insights and take action on broadband traffic.

About Procera Networks, Inc. Procera Networks, Inc. ( NASDAQ : PKT ) delivers Internet Intelligence solutions to service providers and network equipment manufacturers for analytics and enforcement of broadband traffic worldwide. Procera's solutions provide actionable intelligence and policy enforcement to ensure a high quality experience for any Internet and network connected device. For more information, visit http://www.proceranetworks.com or follow Procera on Twitter at @ProceraNetworks .

Cautionary Note Regarding Forward-Looking Statements This press release contains forward-looking statements related to Procera Networks, Inc., including statements relating to the potential applications for Procera's products, the performance of and demand for Procera's products, the timing of revenue recognition, and the ability of its products 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 and its Form 10-Q filed for the quarter ended March 31, 2014, 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.

Press Contact Bob Eastwood Engage PR for Procera Networks 510-748-8200 x215 beastwood@engagepr.com Investor Relations Contact Nicole Noutsios NMN Advisors, Inc. 510-315-1003 ir@nmnadvisors.com

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Unpacking RAGEism: Power Dynamics in U.S. Policies

Updated Category News Views 3

Seeing Patterns in Crisis: Jackson and Flint When Jackson, Mississippi's latest water crisis hit the news, it wasn't the first time folks were left high and dry. No, this fiasco's got deep roots, and it resonates with another infamous case: Flint, Michigan. In Maya Rockeymoore Cummings' book, RAGEism, these are badge-worthy examples of 'Resource Hoarding' where government...

Continue Reading
Moore Law Investigates Aardvark Therapeutics' Risks

Updated Category News Views 1

Moore Law Launches Probe Into Aardvark Therapeutics Nobody likes stumbling across bad news over their morning coffee, but sometimes the market loves to keep you on your toes. Now it's Aardvark Therapeutics (NASDAQ: AARD) in the headlines, and not how they'd like. This time, Moore Law PLLC is rolling up its sleeves to dig into potential misconduct by the company's top...

Continue Reading
Albertsons Welcomes Once Upon a Coconut Nationwide

Updated Category News Views 4

Coconut Water Takes Over Grocery Aisles You know, for all the cautious optimism I wield, this here is a move that shows real muscle in the world of coconut water—I mean, slamming into Albertsons' grocery empire is no small potatoes! Once Upon a Coconut has landed its premium hydration cans across all the banners under this giant retailer. From that good ol' familiar...

Continue Reading
Liberty Hill: 50 Years of Grassroots Revolution

Updated Category News Views 2

Half a Century of Community Empowerment You don't see organizations sticking to their guns for fifty years without having something real to offer. Liberty Hill Foundation is celebrating this colossal milestone in style by throwing their weight behind 17 grassroots groups under the 2026 Fund for Change. They're not just tossing money around but are genuinely becoming the...

Continue Reading
Helio Fred Garcia Honored by Diversity Action Alliance

Updated Category News Views 4

Award Ceremony Set in the Big Apple In an industry where recognition often feels as transient as a ticker's daily high, the Diversity Action Alliance (DAA) is doing its bit to emphasize the lasting impact individuals can make. On September 16 in New York City, Helio Fred Garcia will be honored with the 2026 Pat Ford Larger Than Life Impact Award at the DAA's Annual...

Continue Reading
Diaper Affordability: A Hidden Crisis, Taxpayer Burden

Updated Category News Views 6

A Silent Crisis Lurking in Diapers Diapers. We don’t think about them much until we need them, but nearly half of U.S. families are painfully aware of their cost. According to a report from the NDBN Diaper Check 2026, many struggle to meet this basic necessity. This isn't just about keeping babies clean—it's a public health issue with economic ripples Congress can't...

Continue Reading
Flex Dental Solutions Adds BNPL, Surcharging to FlexPayments

Updated Category News Views 2

Diving into Dental Finances: A New Moneymaker? It's about time someone shook up the dental payment scene, and Flex Dental Solutions seems to be the one doing it. They rolled out some intriguing new features for their FlexPayments platform aimed squarely at dental practices using Open Dental. What we're seeing here is their attempt to bridge a couple of financial headaches...

Continue Reading
Bitwise Pulls Plug on Dogecoin ETF Amid Market Risks

Updated Category News Views 3

Bitwise Ditches Dogecoin ETF: End of a Speculative Era Who knew that a digital asset inspired by an internet meme would get a platform on Wall Street? Well, Bitwise did. They rallied behind Dogecoin, launching the Bitwise Dogecoin ETF, ticker BWOW. But as of September 10, 2026, the fund's journey is coming to an end with liquidation just around the corner. What Sparked...

Continue Reading
Merit Advisors Shines as Top Energy Workplace

Updated Category News Views 1

Well, here's something to chew on—Merit Advisors just grabbed the top spot on Hart Energy's first-ever Best Places to Work in Energy list. If you haven't heard of them, Merit's the heavyweight champ in specialty tax for the energy sector. This isn't just a shiny trophy on the shelf; it's a nod to the kind of culture that's making waves in an industry that's no stranger...

Continue Reading
Havoc, CSBC Partner for Autonomous Maritime Future

Updated Category News Views 3

A Strategic Move Across the Pacific Well, folks, in an era where the seas aren't just blue but powered by tech-backed autonomy, here's a new chapter—the kind that doesn't just hint at innovation, it screams it. Havoc, that crafty leader in all things autonomous, inked a game-changing deal with Taiwan's shipbuilding behemoth, CSBC Corporation. They're not just building...

Continue Reading

Top 5 Most Recently Viewed Articles

Exploring Medical Innovations: The Future of Medicine Summit

Updated Category News Views 220

Future of Medicine Summit: Advancements in Healthcare Boston Globe Media is hosting the inaugural Future of Medicine event, a transformative summit dedicated to the exploration of advancements in the healthcare sector. This one-day summit promises to unite executives, researchers, and innovators from the biotechnology and pharmaceutical worlds to discuss the pressing...

Continue Reading
SecPod's SanerNow Emerges as Patch Management Leader

Updated Category News Views 112

SecPod's SanerNow Achieves Landmark Recognition in Patch Management SanerNow achieves perfect scores in multiple key areas, underlining its patch management effectiveness and leading innovation in the patching space. SecPod is celebrating a significant achievement as its solution, SanerNow, has been recognized as a Leader and Outperformer in the domains of patch...

Continue Reading
First National Bank Alaska Announces Revised Dividend Details

Updated Category News Views 113

First National Bank Alaska Updates Dividend Information First National Bank Alaska has recently made a crucial update regarding its dividend declaration for the third quarter. This announcement ensures that shareholders are accurately informed about their holdings. Correction on Shareholder Record Date The bank clarified that, during the Board of Directors Meeting held at...

Continue Reading
GameGPT Introduces Innovative AI NFT Collection for Gamers

Updated Category News Views 384

GameGPT Unveils the Genesis AI NFT Collection In an exciting move for the gaming world, GameGPT has officially launched its Genesis AI NFT Collection. This groundbreaking initiative combines advanced artificial intelligence with blockchain technology, creating a unique digital asset experience for both gamers and creators. As GameGPT steps into the realm of NFTs, they aim...

Continue Reading
New Street Analysts Predict Bright Future for Tesla Stock

Updated Category News Views 180

New Street Analysts Upgrade Tesla to Buy New Street Research has recently raised its rating on Tesla (NASDAQ: TSLA) to 'Buy', signaling strong optimism about the company's future. With a target price set at $460 per share, this upgrade highlights several favorable factors that could contribute to Tesla's growth trajectory. Positive Catalysts for Growth The analysts...

Continue Reading