WATERLOO, ON, July 8, 2014 /CNW/ - Sandvine (TSX: SVC), a leading provider of intelligent broadband and network solutions for fixed and mobile operators, today announced that the Sandvine Virtual Series, the fully virtualized version of the Sandvine platform, is currently being used by multiple leading communications service providers (CSPs) around the globe in order to develop, test and deploy their virtualization strategies.
"Many operators are currently determining their virtualization strategy, and we are pleased to provide them with valuable guidance and to be shipping products that will help to turn the promise of virtualization into a successful reality," said Don Bowman, CTO, Sandvine."
The Sandvine Virtual Series enables CSPs to enjoy all the features of the traditional Sandvine platform while benefiting from the elasticity and efficiency of running virtual machines on commercial off-the-shelf hardware (COTS).
The Sandvine Virtual Series also provides hassle-free integration with standard SDN and NFV architectures:
Sandvine's work with leading operators underscores the importance of turning real technology and thought leadership into action. Sandvine is the only network policy control vendor that can claim a number of firsts, including:
"Sandvine's NFV and SDN initiatives are a key area of focus and a natural extension of our product capabilities," said Dave Caputo, CEO, Sandvine. "Our research and development investments over the years have established us as the both the technology and market leader in our field. Those investments are why operators continue to choose Sandvine as they explore the transition to a virtualized environment."
Sandvine's network policy control solutions add intelligence to fixed, mobile and converged communications service provider networks to enable services that can increase revenue and reduce network costs. Powered by Sandvine's Policy Engine and SandScript policy language, Sandvine's networking equipment performs end-to-end policy control functions including traffic classification, and policy decision and enforcement across the data, control and business planes. Sandvine's products provide actionable business insight, the ability to deploy new subscriber services and tools to optimize traffic while enhancing subscriber Internet quality of experience.
Sandvine's network policy control solutions are deployed in more than 250 networks in over 90 countries, serving hundreds of millions of data subscribers worldwide, www.sandvine.com.
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 benefits 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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