Sandvine Wins Deal With Tier-1 Asian Service Provider; Rigorous evaluation shows Sandvine's edge in integrated policy decision and enforcement
(M2 PressWIRE Via Acquire Media NewsEdge) Waterloo, ON -- Sandvine, (TSX:SVC; AIM:SAND) a leading provider of intelligent broadband network solutions for fixed and mobile operators, today announced it has won a significant initial order from a converged Asian service provider, whose broadband network ranks among the five largest in Asia.
"In one of the most penetrated broadband markets in the world, with some of the fastest broadband connection speeds, this customer ranks right near the top," said Tom Donnelly, COO, Sales and Global Services, Sandvine. "The customer was extremely diligent in their evaluation. They assessed technical compliance on approximately 150 functionality requirements on a range of devices such as tablets, PCs and mobile devices using Wi-Fi. They analyzed corporate capabilities, productization and performance metrics. Sandvine was the only vendor to meet or exceed advertised performance capabilities."
The Asian operator purchased Sandvine's Service Delivery Engine, Usage Management and Traffic Management products and several units of the PTS 24000 hardware platform. Sandvine was selected on the basis of its unique ability to implement highly scalable real-time policy across both the data plane and control plane, realizing both operator cost savings and increased subscriber quality of experience. Sandvine's specific advantages included: Integrated policy decision and enforcement capabilities of the Service Delivery Engine and the Policy Traffic Switch Plug-and-play Usage Management product that measures subscriber usage on a finely granular application basis Streaming video metrics that take into account device, display characteristics and transport quality Overall breadth of solutions that bridge fixed and mobile networks to future-proof a converged network
The initial deployment represents a limited portion of the operator's service area, with opportunities for expansion in the future.
"This win increases our local Asian presence that includes NTT Communications and SK Broadband," said Mr. Donnelly. "Our products satisfy the needs of the high-growth Asian market through the delivery of policy on a scalable and flexible platform, addressing a wide range of business cases across all fixed and mobile networks, including LTE."
To learn more about Sandvine visit our CTIA Wireless booth 4413 from May 8 - 10th in New Orleans or visit www.sandvine.com .
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 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 .
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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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