Sandvine receives $12 million in expansion orders for PTS 32000 from fixed line operator in North America

Sandvine's Record Generator being integrated into operator's Big Data strategy

WATERLOO, ON, Dec. 2, 2015 /CNW/ - Sandvine, (TSX:SVC) a leading provider of intelligent broadband network solutions for fixed and mobile operators, today announced that it has received expansion orders totaling $12 million from a major cable operator customer in North America. The orders largely relate to ongoing deployment of Sandvine's market-leading Policy Traffic Switch (PTS) 32000 to enable business intelligence and traffic optimization use cases. Sandvine previously announced orders for the PTS 32000 from this operator in November and December 2014.

"Cable operators have always been leaders in creating high-performance networks. The PTS 32000 helps our customers continue to be leaders as Internet access makes the inevitable, industry-wide migration to 100 gigabit per second Ethernet," said Tom Donnelly, COO, Sales and Global Services.

In its 2 rack unit (RU) form factor, the PTS 32000 delivers PCEF/TDF functionality for both mobile and fixed operators at the highest scale, with the best performance density (Gbps/RU) and performance efficiency (Mbps/watt) of any 100GE network policy control device.

With these orders, Sandvine's Record Generator is now part of the operator's Big Data business intelligence strategy. The operator will be able to cross-join key data about Internet usage with data from other business lines, like cable TV, to get better overall insight into subscribers and network activity for an improved subscriber experience. Record Generator will integrate with Hadoop for this initiative.

"This customer has been reaping the benefits of Sandvine's Network Analytics product for a long time. They now see how those insights can be shared more globally throughout the organization with Record Generator feeding its Big Data platform," added Donnelly. "Data is less valuable in silos and Record Generator breaks down those silos by sharing actionable data on the Internet access network with other business systems."

These orders further highlight Sandvine's network policy control leadership in the tier-1 North American cable market, where Sandvine has active deployments at five of the six largest operators, by subscriber count.  The orders were all received in Sandvine's fourth quarter and the company estimates that approximately $1 million will be recognizable as revenue within the quarter, with the remainder to be recognized throughout fiscal 2016.

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]