Procera, Netintact Plan Merger
LOS GATOS, Calif. and VARBERG, Sweden -- Procera® Networks, Inc. (OTCBB: PRNW), a pioneering developer of application driven converged network platforms, and Netintact AB, a privately held developer of mission critical network traffic and service management solutions for ISPs, jointly announce their intentions to merge.
Netintact AB is a network appliance company working with advanced intelligent traffic and service management for mission-critical IP networks. Netintact’s core product suite, PacketLogicTM, has enjoyed extensive sales traction in the Scandinavian markets and initial traction in other parts of the world outside of North America. Scandinavia is one of the world’s most well developed broadband markets, which strongly encourages the development of leading edge network solutions.
Procera and Netintact worked closely together as strategic partners for much of 2005 to deliver a specific solution to a Japanese integrator that blocks invasive peer-to-peer applications prevalent in Japan. This joint solution marries the best of Procera’s wire-speed smart switching technology with a sub-set of Netintact’s PacketLogic solution called DRDLTM (Datastream Recognition Definition Language), reported to be the leading and most accurate port-independent application identification engine available. This solution has been tested by an independent Japanese lab and accepted by the Japanese integrator.
Doug Glader, CEO of Procera Networks, said: “Our technologies and solutions are very synergistic. The proposed merger with Netintact will permit the combined companies to offer an expanded product line that will enable network administrator’s instantaneous, dynamic and granular views of all traffic passing through their network. Additionally, it allows network administrators to take actions to optimize the utilization of bandwidth, apply fairness, increase security, postpone unnecessary network investments and increase revenue by offering a broader range of service options to customers.”