ETSI NFV Proof of Concept Demonstrates Virtualized Real-Time OSS/BSS

BARCELONA, Spain, March 2, 2015 /PRNewswire/ -- MWC -- Procera Networks, Inc. (NASDAQ: PKT), the global Subscriber Experience company, together with Openet, a leading provider of real-time BSS (business support systems), today announced they will showcase an ETSI NFV proof of concept demonstration of real-time OSS/BSS running on a virtualized environment. It will show how Network Functions Virtualization (NFV) concepts can be applied to OSS/BSS to deliver on the business benefits and improved customer experience that NFV promises, brought by increased system agility, faster time to market, reduced TCO, increased elasticity and greater service availability.

Virtualization of operational and business support systems—OSS and BSS—functions such as DPI, policy, charging and analytics is essential to achieving a dynamic network environment that can keep pace with, and monetize new service innovation. This extends to access control, and broader revenue handling systems.

This proof of concept brings together a number of industry leaders in virtualized OSS/BSS including Openet, Procera and Amartus, working with OpenStack leader Red Hat, and leading computing innovation company Intel.

The demo will showcase:

1. How virtualized Network Functions (PCRF, PCEF) can be combined to provide Telco grade performance, scalability and resilience and how virtualized BSS components such as online charging systems (OCS) can be included to provide a complete distributed Policy Management and Charging Control system.
2. Integrated analytics and orchestration for scaling automation and Virtualized Network Function (VNF) resource allocation, utilizing real-time monitoring of VNFs and a combination of historical data and machine learning to predict demand and mitigate underutilization of assigned resources.
3. How OpenStack support for Intel® Architecture-based systems helps enhance performance

The live NFV OSS/BSS demonstration will be available each day at both Openet (2F36) and Procera (5H61) stands at Mobile World Congress 2015.

Supporting quotes

Luke Ibbetson, Head of Vodafone Group R&D: "Vodafone sees the value of consolidating virtualized BSS and networking functions in the same environment, and champions NFV solutions that dynamically scale and adapt to match the evolving needs of our customers."

Openet CEO Niall Norton: "For operators to realize the full benefits of NFV, then it needs to be applied to the software that drives revenue generation in operators, namely real-time BSS."

Radhesh Balakrishnan, General Manager, OpenStack, Red Hat: "The transformative potential of NFV for the telecommunications industry is well recognized, and open scalable platforms are stepping up to deliver on this, with Red Hat Enterprise Linux OpenStack Platform leading the way to demonstrate its ability to meet the unique challenges CSPs face on the road to transformation. This POC is one such example of how industry leaders can collaborate and innovate on open platforms to successfully manage multi-component orchestration and interworking with network functions, in this case OSS/BSS, to bring the business benefits of NFV to the industry."

Renu Navale, Director of the Intel® Network Builders program: "This POC shows that the potential of NFV can be successfully delivered via high performance virtualized network functions interworking with OSS/BSS on Intel® Architecture-based servers and the Data Plane Development Kit. Collaboration amongst the various companies, and all members of the Intel Network Builders program, is the driving force behind this POC."

Mike Kay, Vice President of Business Development at Procera Networks: "This POC demonstrates the true spirit of NFV. Multiple vendors collaborating to deliver business value to our customers without feature or performance penalties."

Michael Kearns, Amartus' CEO: "This POC demonstrates how a runtime programmable Orchestrator is mandatory for real-time OSS and is a key requirement in order to exploit the benefits of NFV in delivery of dynamic on-demand services."

Red Hat and Red Hat Enterprise Linux are trademarks of Red Hat, Inc., registered in the U.S. and other countries. Linux® is the registered trademark of Linus Torvalds in the U.S. and other countries. Java is the registered trademark of Oracle America, Inc. in the United States and other countries. The OpenStack Word Mark and OpenStack Logo are either registered trademarks/service marks or trademarks/service marks of the OpenStack Foundation, in the United States and other countries and are used with the OpenStack Foundation's permission. Red Hat is not affiliated with, endorsed or sponsored by the OpenStack Foundation, or the OpenStack community.

About Procera Networks, Inc.
Procera Networks, Inc. (NASDAQ: PKT), the global Subscriber Experience company, is revolutionizing the way operators and vendors monitor, manage and monetize their network traffic. Elevate your business value and improve customer experience with Procera's sophisticated intelligence solutions. For more information, visit http://www.proceranetworks.com or follow Procera on Twitter at @ProceraNetworks.

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This press release contains forward-looking statements related to Procera Networks, Inc., including statements relating to the introduction of a new product and solutions, the potential new applications for Procera's products, the performance of and demand for Procera's new products and solutions, the timing of general availability and the ability to generate revenue from new products and solutions, and the ability of its products and solutions 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, its subsequently filed quarterly reports, 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.

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