Sandvine's leadership in traffic classification wins new customers in Bahrain, Kuwait and Oman
WATERLOO, ON, Jan. 29, 2013 /CNW/ - Sandvine, (TSX:SVC; AIM:SAND) a leading provider of intelligent broadband network solutions for fixed and mobile operators, today announced it has received Network Policy Control orders from two mobile operators and one DSL service provider in the Middle East. All three customers are a part of multinational fixed and mobile operators; two are subsidiaries and one is a parent. All three Middle Eastern operators chose Sandvine for its strength in traffic classification, which support Sandvine's Network Analytics, Usage Management and Traffic Management products. Two of the customers were won in December and one during November.
According to recent Wireless Intelligence forecasts, the Middle East is predicted to have over 16-million LTE connections, accounting for close to five percent of the global total by 2015. As networks rollout higher speeds and mobile adoption rates continue to climb, operators rely on Network Analytics with accurate traffic classification to gain critical insight into the applications and trends on their networks.
"Our newest Middle Eastern customers chose Sandvine for our Network Analytics and reporting capabilities," Tom Donnelly, COO, Sales and Global Services, Sandvine. "With accurate traffic classification, web-based reporting and executive style dashboards, operators have full confidence that they can measure the metrics that matter to make strategic network decisions in the future."
Sandvine's network policy control solutions are deployed in more than 200 networks in over 85 countries including over 30 operators in the Middle East and Africa.
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 200 networks in over 85 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 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.
SOURCE: Sandvine Incorporated
For further information:
+1 519 880 2232
INVESTOR RELATIONS CONTACT
+1 519 880 2400 ext. 3503
Andrew Chubb/Simon Bridges
Canaccord Genuity Limited
+44 0207 050 8000