FREMONT, CA--(Marketwired - May 6, 2014) - Procera Networks, Inc. (
"Since adding our OEM division with the NAVL product line following the acquisition of Vineyard Networks in early 2013, Procera has seen strong growth in our portfolio of OEM partnerships, which provide a recurring revenue," said James Brear, president and CEO of Procera Networks. "With his extensive industry experience, we're looking forward to James Dirksen leading our OEM and embedded solutions to the next level of growth."
"Procera has already made significant commitments to the OEM market and its NAVL technology and solutions," said James Dirksen. "Procera has the industry's best and most scalable application detection solutions. The company's significant investments in staff, enhanced features, and metadata technology means Procera will continue to expand its portfolio of OEM partnerships for many years to come."
James Dirksen is a 20-year veteran of the Internet security and telecom space and was most recently the director of outbound OEM licensing for Symantec's telecom business. Previously, he was founder of RuleSpace LLC, which was acquired by Symantec in 2010, where he grew OEM revenue by 600%. James has also worked at PricewaterhouseCoopers and Northrop Grumman as an Internet security engineer and analyst.
Procera's Network Application Visibility Library (NAVL) is a next-generation Deep Packet Inspection (DPI) software engine that provides real-time Layer-7 classification of network traffic. Running on all popular processors and operating systems, NAVL allows integrators to remain focused on core competencies while implementing industry-leading DPI functionality from Procera in their products.
About Procera Networks, Inc.
Procera Networks, Inc. (
Cautionary Note Regarding Forward-Looking Statements
This press release contains forward-looking statements related to Procera Networks, Inc., including statements relating to the performance of and demand for Procera's products, expand its portfolio of OEM partnerships, achieving recurring revenue and the ability of its products 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 Procera'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; Procera'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's business are described in the "Risk Factors" sections of its Form 10-K filed for the year ended December 31, 2013 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 Procera undertakes no obligation to update, amend or clarify any forward-looking statement for any reason.
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