RNS Number : 0497H
06 July 2012
Attention Business and Technology Editors
SANDVINE WINS $2-MILLION ORDER AT US TELCO
DSL operator chooses Sandvine to improve subscriber quality of experience
Waterloo, ON; July 6, 2012 -Sandvine, (TSX:SVC; AIM:SAND) a leading provider of intelligent broadband network solutions for fixed and mobile operators, today announced that it has received over $2-million in Network Policy Control orders from one of the top 10 telecom providers in the United States. This service provider purchased Sandvine's Policy Traffic Switch (PTS), Fairshare Traffic Management and Usage Management products to increase the quality of experience for subscribers across their DSL network.
Sandvine was selected based on its proven congestion and policy management capabilities. Sandvine's Fairshare Traffic Management manages the inherent competition for limited network resources so that the best possible quality of experience is preserved for the maximum number of subscribers for the maximum amount of time. Sandvine's Fairshare Traffic Management has been deployed in over 110 service provider networks worldwide to address congestion management across all access technologies.
"A provider of telephone and broadband services, this telecom provider is committed to delivering a consistently high quality user experience across the full range of their products and services," said Tom Donnelly, COO, Sales & Global Services, Sandvine. "Sandvine's access agnostic solutions for fixed and mobile operators make an ideal solution for this type of network."
Sandvine's network policy control solutions focus on protecting and improving the quality of experience on the Internet. Our award-winning network policy control equipment and software helps fixed and wireless and mobile operators better understand network traffic, manage network congestion, create new services and revenues, mitigate traffic that is malicious or undesirable to subscribers, deliver QoS-prioritized multimedia services and increase subscriber satisfaction. With over 200 service provider customers in over 85 countries, serving hundreds of millions of broadband and mobile data subscribers, Sandvine is enhancing the Internet experience worldwide. For more information, please visit: www.sandvine.com.
+1 519 880 2232
INVESTOR RELATIONS CONTACT
+1 519 880 2400 ext. 3503
Andrew Chubb/Simon Bridges
Canaccord Genuity Limited
+44 0207 050 8000
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.
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