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Sandvine wins tier 1 converged operator in North America
(Canada Newswire Via Acquire Media NewsEdge)
Solutions to enable business intelligence, new service tiers, congestion
management over fixed and mobile networks
WATERLOO, ON, Nov. 6, 2012 /CNW/ - Sandvine, (TSX:SVC; AIM:SAND) a leading provider of intelligent broadband
network solutions for fixed and mobile operators, today announced that
it has received Network Policy Control orders worth several million
dollars for a new tier-1, converged service provider customer in North
America. The orders represent a large initial rollout, with forecasted
plans for expansion. Sandvine will be fulfilling the sale through a
major network equipment vendor, with which it recently signed a
reseller agreement.
Fixed line operators were the first to adopt Network Policy Control
solutions, but today over a third of Sandvine's market-leading customer
base offers wireless access to the Internet. The Company's hardware
platforms and software modules can be leveraged by converged,
fixed-mobile operators who want to apply consistent policies to users'
traffic, regardless of how they access the network.
"For service providers that want to leverage investments in Network
Policy Control across multiple use cases, Sandvine is the natural
choice," said Tom Donnelly, COO, Sales and Global Services. "Sandvine's
Policy Traffic Switch is optimized for deployments at the network
access edge to enhance subscribers' quality of experience, enable
innovative service offerings and leverage network and business
intelligence for a wide range of Network Policy Control use cases. This
design and the breadth of use cases separate Sandvine from others in
our market that focus largely on traffic management."
After an extensive competitive process, the tier 1 converged operator
selected Sandvine to replace an incumbent solution and enable:
Actionable business intelligence on fixed line and mobile network
traffic, including the industry's only solution to provide accurate
video quality ratings
Service creation and implementation of innovative new billing plans
across fixed and mobile access infrastructure
Congestion management of fixed and mobile network traffic to ensure an
optimal user experience
Identification and application of policy on IPv6 traffic
The operator purchased the Company's high throughput, high density PTS
24000 and Service Delivery Engine to support all of these use cases.
ABOUT SANDVINE
Sandvine's network policy control solutions focus on protecting and
improving the quality of experience on the Internet. Our award-winning
network policy control equipment and software helps fixed, wireless and
mobile operators better understand network traffic, manage network
congestion, create new services and revenues, mitigate traffic that is
malicious or undesirable to subscribers, deliver QoS-prioritized
multimedia services and increase subscriber satisfaction. With over 200
service provider customers in over 85 countries, serving hundreds of
millions of broadband and mobile data subscribers, Sandvine is
enhancing the Internet experience worldwide. For more information,
please visit: www.sandvine.com.
FORWARD-LOOKING STATEMENTS
Certain statements in this release which are not historical facts
constitute forward-looking statements or forward-looking information
within the meaning of applicable securities laws ("forward-looking
statements") and are made pursuant to the "safe harbour" provisions of
such laws. Statements related to the scope of deployment of Sandvine's
products by a specific customer, the potential revenue opportunity with
any particular customer or in any market segment, the benefit's of
Sandvine's products and services to be realized by customers,
Sandvine's market position, future opportunities, product development
plans and demand for Sandvine's products and services are forward
looking statements, as are any statements relating to future events,
conditions or circumstances. Readers are cautioned not to place undue
reliance upon any such forward-looking statements. Such forward-looking
statements involve both known and unknown risks and uncertainties that
may cause the actual results, performance or achievements of Sandvine
to differ materially from the results, performance, achievements or
developments expressed or implied by such forward-looking statements.
These risks and uncertainties include, without limitation, changes in
internal deployment strategies or plans by specific customers; the
growth of broadband internet usage and levels of capital spending on
broadband network management systems; the timing of orders and
manufacturing lead times; changes in customer order patterns or
customer mix; insufficient, excess or obsolete inventory; increased
competition in the broadband network equipment industry; dependence on
the timely development and market acceptance of new product offerings
and standards; rapid technological and market change; manufacturing and
sourcing risks including dependence on key suppliers and key
technologies; dependence upon indirect channel sales and resellers;
factors such as business and economic conditions and growth trends in
the broadband network equipment industry and in various geographic
regions; global economic conditions and uncertainties in the
geopolitical environment including the impact of regulation related to
the internet and the delivery of internet services. Forward-looking
statements are based on management's current plans, estimates,
projections, beliefs and opinions, and Sandvine does not undertake any
obligation to update forward-looking statements should assumptions
related to these plans, estimates, projections, beliefs and opinions
change.
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