2009年12月16日星期三

Procera Networks - Hugin/Procera Networks Names Industry Veteran James F. Brear as New President and CEO

LOS GATOS, CA -- 02/12/08 -- Procera(R) Networks, Inc. (AMEX: PKT), a beat developer of arrangement cartage and account administration basement equipment, today appear the adjustment of James F. Brear, an industry adept with added than 18 years of acquaintance in the networking industry, as President and CEO. Mr. Brear joins Procera Networks to added the company´s position as the baton in managing and monetizing the world´s a lot of circuitous networks.

Through his career, Mr. Brear has acquired a abundance of ability alive with the arch account providers, government agencies and enterprises about the world. Brear has a accurate clue almanac in anecdotic arising markets and industries, and the technologies bare to abutment their accelerated growth.

Most recently, Mr. Brear served as carnality admiral of common sales and abutment for Bivio Networks, a maker of abysmal packet analysis belvedere technology. Under his leadership, the aggregation rapidly broadcast its common sales presence, consistent in sales to a amount of all-around Tier 1 account providers -- and government agencies, as able-bodied as four ample OEM customers.

Prior to Bivio, Brear was carnality admiral of common sales for Tasman Networks (acquired by Nortel), a maker of converged WAN solutions for action annex offices and account providers. Earlier in his career, Mr. Brear was the carnality admiral of common sales for Force10 Networks, area he was amenable for demography the aggregation from a pre-revenue start-up to the industry baton in about-face routers for top achievement Gigabit and 10 Gigabit Ethernet. In addition, he spent 5 years with Cisco Systems, area he captivated chief administration positions in Europe and North America with albatross for carrying added than $750M in anniversary revenues affairs into the world´s better account providers. Previously, Brear captivated a array of sales administration positions at both IBM and Sprint Communications. He holds a Bachelor of Arts amount from the University of California at Berkeley.

"Procera Networks has complete a able foundation with world-class abysmal packet analysis technology, a growing arrangement of approach ally and a common chump abject of added than 400 account providers, college apprenticeship institutions and added organizations," said James Brear, admiral and CEO of Procera Networks. "As admiral and CEO, my focus will be to advantage the company´s abounding strengths to aggrandize Procera´s bazaar allotment and assimilation above all geographies, while continuing our industry-leading addition in arrangement cartage and account administration technologies."

"Through the advance of his career, James has developed an aberrant aggregate of cardinal vision, operational arete and results-driven performance, accompanying with a abysmal ability of the industry and controlling relationships above assorted markets," said Scott McClendon, administrator of Procera Networks´ Board of Directors. "Procera Networks will account from his all-encompassing administration acquaintance and his accurate adeptness to advanced business advance and profitability.

"Speaking on account of the axle of directors, we extend our aboveboard acknowledgment to Tom Williams for his administration as acting CEO over the accomplished several months, and for his continuing addition as CFO," he continued. "Tom´s charge to Procera is exemplified by his efforts to advice defended James Brear as Procera Networks´ new admiral and CEO."

Safe Harbor Statement

This columnist absolution contains advanced statements aural the acceptation of The Private Securities Litigation Reform Act of 1995 (the "Act"). In particular, if acclimated in this columnist release, the words "plan," "confident that," "believe," "scheduled," "expect," or "intend to," and agnate codicillary expressions are advised to analyze advanced statements aural the acceptation of the Act and are accountable to the safe anchorage created by the Act. Such statements are accountable to assertive risks and uncertainties and absolute after-effects could alter materially from those bidding in any of the advanced statements. Such risks and uncertainties include, but are not bound to, the adeptness of Procera to commercialize the applicative technology and acquaint articles and the accepting of those articles by the market, the adeptness of resellers to advertise the Procera products, bazaar conditions, the accepted accepting of the Company´s articles and technologies, aggressive factors, timing, and added risks declared in the Company´s letters and filings with the SEC (Securities and Exchange Commission) from time to time.

Procera Networks is a registered trademark, and PacketLogic and DRDL are trademarks of Procera Networks, Inc. All rights reserved. All added articles or brands mentioned are trademarks and/or account marks of their corresponding owners.

The advertisement was broadcast by Hugin.
The issuer is alone amenable for the agreeable of this announcement.

Contact Procera:

Jeff Gigoux
Procera Networks, Inc.
408.354.6736
jeff.gigoux@proceranetworks.com

John Liviakis (Investor Relations)
Liviakis Financial Communications Inc.
415.389.4670

About Procera Networks

Founded in 2002, Procera Networks, Inc. (AMEX: PKT) is a all-around provider of able arrangement cartage identification, ascendancy and account administration basement equipment. Procera´s amount artefact suite, the PacketLogic(TM) band of appliances, provides the a lot of accurate appliance identification accessible today by application the industry arch affiliation identification engine DRDL(TM) (Datastream Recognition Definition Language). PacketLogic is deployed at added than 400 broadband account providers (xSPs), telcos, colleges and universities worldwide. For added information, appointment www.proceranetworks.com

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