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Mon, March 19, 2012

Telekom Austria Selects Procera for Multi-Country Fixed and Mobile Deployment


Published on 2012-03-19 03:21:04 - Market Wire
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March 19, 2012 06:00 ET

Telekom Austria Selects Procera for Multi-Country Fixed and Mobile Deployment

Multi-Year Contract for One of Europe's Largest Telecom Groups

FREMONT, CA--(Marketwire - Mar 19, 2012) - Today, [ Procera Networks ] (NASDAQ: [ PKT ]) announced a new contract to provide [ Telekom Austria Group ] (VSE: TKA) (PINKSHEETS: [ TKAGY ]), whose head office is located in Vienna, Austria, with a Services Optimization Solution based on Procera Networks award winning PacketLogic™ hardware and software platform. Following extensive market evaluation, the contract, which is worth an undisclosed value, will cover products and services to all Telekom Austria Group companies.

James Brear, CEO of Procera Networks, said, "We are very pleased to be chosen as the provider of the services optimization solution at TAG and look forward to working with TAG group companies to provide innovative optimization techniques that will assist TAG to maintain and enhance the excellent service levels that they currently provide to their fixed and mobile customers."

Mr. Hans Pichler, Group Chief Technology Officer of TA Group, said, "Our subscribers are used to being provided with the highest quality of experience and we are pleased to work with Procera Networks to provide both new and existing customers with enriched and innovative services that will enhance their experience of our network service."

The Telekom Austria Group, listed on the Vienna Stock Exchange since November 2000, is the leading telecommunications provider in Central and Eastern Europe with about 22 million customers across its markets of operations. The Group is currently operating in eight countries: in Austria (A1), Slovenia (Si.mobil), Croatia (Vipnet), the Republic of Serbia (Vip mobile) and the Republic of Macedonia (Vip operator), Bulgaria (Mobiltel), Belarus (velcom) and Liechtenstein (mobilkom liechtenstein).

About Procera Networks, Inc.
Procera Networks Inc. (NASDAQ: [ PKT ]) delivers Intelligent Policy Enforcement (IPE) solutions designed for carriers, service providers and high-end enterprises to enable proactive quality management; innovative service creation and delivery; detailed business analytics on network utilization and bandwidth consumption; and mitigate security threats. Procera's PacketLogic solutions deliver superior performance, scalability, and functionality to allow personalized services for millions of subscribers as part of the 3GPP Policy and Charging Control architecture. For more information, visit [ www.proceranetworks.com ].

About the Telekom Austria Group
The Telekom Austria Group, listed on the Vienna Stock Exchange since November 2000, is the leading telecommunications provider in Central and Eastern Europe with about 22 million customers across its markets of operations. The Group is currently operating in eight countries: in Austria (A1), Slovenia (Si.mobil), Croatia (Vipnet), the Republic of Serbia (Vip mobile) and the Republic of Macedonia (Vip operator), Bulgaria (Mobiltel), Belarus (velcom) and Liechtenstein (mobilkom liechtenstein). The total market of the eight countries covers about 41 million inhabitants. The Group has more than 17,000 employees, revenues were EUR 4.7 billion as of year-end 2010. Telekom Austria Group's portfolio encompasses products and services of voice telephony, broadband Internet, multimedia services, data and IT solutions, wholesale as well as m-payment solutions. More detailed information is available at [ http://www.telekomaustria.com ]


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