Sandvine, MATRIXX, Openwave Mobility, and PeerApp launch NFV.net

Vendor Forum is Dedicated to Accelerating Adoption of NFV

WATERLOO, ON, March 2, 2015 /CNW/ - Sandvine, (TSX:SVC) a leading provider of intelligent broadband network solutions for fixed and mobile operators, alongside MATRIXX Software, a provider of next generation real-time BSS solutions for Digital Service Providers, Openwave Mobility, a provider of the industry's most scalable SDN/NFV enabled L7 platform, and PeerApp, a leading open content delivery provider, today announced the creation of NFV.net, a forum of leading technology vendors dedicated to fostering adoption of network functions virtualization (NFV) and promoting best-of-breed implementation practices through an NFV reference implementation in this rapidly emerging field.

NFV.net is an invitation-only alliance of best-of-breed vendors, with only one or two key players representing each key network function. Members are selected both for their technology and thought leadership, as well as full commitment to delivering a real-life, demonstrable, pre-integrated solution with other partners in NFV.net.

NFV.net's mission is to provide pre-integrated, commercially available NFV solutions to communications service providers (CSPs) of all sizes. Member companies will work hands-on with CSPs to develop, test, and implement virtualization strategies in order to help them navigate the uncertainties that virtualization presents to the telecom industry at this early stage of adoption.

The NFV.net website will feature a use case library highlighting reference implementations from participant companies and provides a mechanism for some of the industry's leading technical minds to share their lessons learned about the challenges and opportunities virtualization presents for both operators and vendors.

"Sandvine is excited about the opportunity that NFV.net will provide to share actual experiences in deploying virtualized solutions with other leading telecom vendors", said Don Bowman, CTO, Sandvine.

"MATRIXX welcomes the NFV.net initiative and we look forward to developing end-to-end use cases with Sandvine to allow CSPs to package applications and develop innovative propositions – such as app-based pricing - that can be rolled out quickly as virtualized solutions", said Vineet Sachdev, VP Product Management, MATRIXX Software.

"We are pleased to expand our long-standing and strong partnership with Sandvine in this important initiative," said Alan Arolovitch, CTO, PeerApp, "Clearly NFV brings many benefits to operators in terms of cost, footprint and agility, and this forum should help accelerate adoption.  We have already demonstrated with Sandvine an integrated virtualized traffic management and optimization solution for OTT content delivery, and look forward to expanding that work with other NFV.net members."

"Openwave Mobility is excited to be part of NFV.net and will continue to work closely with all members of the forum to make NFV a reality. We believe that demonstrable use cases will ultimately drive the ROI for NFV. We are already seeing streaming optimization solutions that reduce congestion and enhance QoE for all data including encrypted video form compelling initial applications for NFV", said Indranil Chatterjee, SVP Products & Marketing, Openwave Mobility.

To learn more about NFV.net, visit the founding members Mobile World Congress at the following booths:

• MATRIXX Software: Hall 7 Stand 7F60
• Openwave Mobility: Hall 8.1 Stand H49
• PeerApp: Hall 2 Stand 2D50
• Sandvine: Hall 5 Stand 5I51

Vendors wishing to join NFV.net can find more information on the website.

ABOUT MATRIXX SOFTWARE

MATRIXX Software is Powering the Future™ for market-leading Digital Service Providers (DSPs) worldwide.  Through patented real-time technology, MATRIXX enables service providers to innovate and profit from the transition to digital. The MATRIXX platform combines real-time charging, policy and analytics enablement to offer a differentiated customer experience.  Its technology provides DSPs with unique market advantages by delivering unrivalled performance. In deployment, it is proven to outperform existing real-time systems by greater than 100 times.

Using MATRIXX, DSPs can accelerate data monetization, rapidly deploy new service propositions and drive customer engagement.

ABOUT OPENWAVE MOBILITY

Openwave Mobility empowers mobile operators to manage and monetize video traffic using the industry's most scalable, Layer7 SDN/NFV platform.  Openwave Mobility delivers Video Optimization, Subscriber Data Management and Targeted Ad Insertion. Together these eliminate RAN congestion, maximize value from subscriber data and create new revenue opportunities.

Openwave Mobility delivers over 40 billion transactions daily and over half a billion subscribers worldwide use data services powered by its solutions. The company's global customer base consists of over 40 of the largest communication service providers including AT&T, Du, KDDI, Rogers, Sprint, Telus, T-Mobile, Telefonica, Telstra, Virgin Mobile & Vodafone.

ABOUT PEERAPP LTD.

More than 450 mobile, cable, broadband and campus network operators in 100 countries are using PeerApp's award-winning open content caching solutions to accelerate the delivery of Internet video and other over-the-top (OTT) content. With PeerApp's local content delivery, video can be delivered 12x faster by bringing it closer to end-users. This significantly improves quality of experience and reduces network costs up to 50% or more. PeerApp's local content delivery solutions can also play a service delivery role, helping operators generate new revenue opportunities. PeerApp is headquartered in Newton, Massachusetts, USA. For more information, visit www.peerapp.com and follow @peerapp on Twitter.

ABOUT SANDVINE

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 250 networks in over 90 countries, serving hundreds of millions of data subscribers worldwide, www.sandvine.com.

FORWARD-LOOKING STATEMENTS
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 benefits 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, except to the extent required by applicable law.

SOURCE Sandvine

INVESTOR CONTACT: Rick Wadsworth, Sandvine, [phone] ext. 3503, [email protected]; MEDIA CONTACT: Dan Deeth, Sandvine, [phone], [email protected]