FREMONT and REDWOOD CITY, Calif., February 25, 2014 – Qwilt, a provider of online video delivery and transparent caching solutions, and Procera Networks, Inc. (NASDAQ: PKT) the global Internet Intelligence company, today announced a partnership to offer network operators a best-of-breed transparent caching and Internet Intelligence solution that addresses network challenges resulting from the rapid growth and consumption of online video. Qwilt’s QB-Series transparent caching technology and Procera’s PacketLogic™ platform together provide network operators with a unified, plug-and-play solution to seamlessly deliver over-the-top (OTT) video traffic and improve quality of experience (QoE) for their subscribers.
“Our PacketLogic solutions provide network operators with unprecedented insights and the ability to enhance the QoE for any Internet connected device,” said James Brear, president and CEO of Procera Networks. “Our collaboration with Qwilt provides operators with an end-to-end solution for delivering high quality video traffic on their networks. The joint solution achieves a high return on investment by optimizing the network resources needed to deliver high-value streaming video traffic.”
The Procera and Qwilt joint solution combines best-of-breed video caching and Internet Intelligence functionality. With this partnership, network operators can prepare their networks for the growth of online video traffic, bandwidth utilization and QoE, and optimizing traffic with network insights. Network operators will benefit by:
- Ease of Deployment: For new deployments, a simple insertion model for the combined solution enables both application intelligence and transparent caching immediately, while those who have already deployed Procera’s solutions in their networks can easily insert and integrate Qwilt’s solution to enable transparent caching of online video.
- Network Resources Optimization: Procera’s Advanced Traffic Steering can selectively steer OTT traffic to Qwilt for classification and caching which results in a more efficient use of video caching resources.
- Service Model Innovation: Advanced analytics and reporting from Qwilt and Procera solutions can identify new service models and create new revenue streams by providing network operators with enhanced usage management and differentiated services based on video caching.
“Through the combination of transparent caching, video delivery and video analytics, Qwilt’s QB-Series Video Fabric Controller delivers a solution that network operators can implement to reduce network cost and improve QoE,” said Alon Maor, CEO of Qwilt. “Our partnership with Procera provides network operators with a total solution that is simple to deploy and optimizes network resources and efficiency. Our ability to reduce network cost and improve QoE enables our joint customers to realize the value of edge caching.”
Qwilt addresses the impact of OTT video on operator networks with a unified, turnkey1 solution that combines transparent caching, video delivery and analytics technologies deployed at the subscriber edge. Qwilt QB-Series Video Fabric Controllers optimize delivery of streaming video content to relieve network traffic congestion for operators and deliver a higher quality viewing experience for their customers. A growing number of the world’s leading cable, telecom and mobile service providers rely on Qwilt to optimize their networks to support growing consumer demand for online video content as a primary entertainment source. Founded in 2010 by industry veterans from Cisco and Juniper, Qwilt is backed by Accel Partners, Bessemer Venture Partners, Marker and Redpoint Ventures. Learn more at www.qwilt.com.
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.
Connect with Qwilt
Qwilt Press Contact:
Bhava Communications for Qwilt
1 (510) 984-1528
Procera Press Contact:
Engage PR for Procera Networks
Qwilt is a trademark of Qwilt. All rights reserved. All other trademarks or trade names referenced here are the property of their respective owners.
Cautionary Note Regarding Forward-Looking Statements
This press release contains forward-looking statements related to Procera Networks, Inc., including statements relating to the anticipated benefits of its partnership with Qwilt, the potential applications for Procera’s products, the performance of its products, demand for Procera’s products, 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 key1 customers; its dependence on key1 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; its ability to continue to integrate Vineyard Networks and realize anticipated benefits from the acquisition; 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, 2012 and its Form 10-Q filed for the quarter ended September 30, 2013, 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.