RNS25 Oct 2012 13:20
SANDVINE SECURES ADDITIONAL BUSINESS IN ASIA
Over $5 million in follow-on orders from tier-1 customer
Waterloo, ON; October 25, 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 $5 million in Network Policy Control expansion orders for a tier-1 customer in its Asia Pacific sales region. Sandvine has now received over $10 million in orders for this customer since August of this year.
These orders represent ongoing momentum for Sandvine in Asia. During its second quarter, Sandvine also won significant initial business from one of Asia's five largest service providers, and has won several new customers from the region throughout the year.
"Asia's networks are regarded as some of the most sophisticated and highest-quality in the world. The unmatched breadth, flexibility and accuracy of Sandvine's solutions are helping us meet the market's rigorous standards," said Tom Donnelly, COO, Sales and Global Services Sandvine.
The new orders represent ongoing expansion of Sandvine's deployment, related in part to the Company's proven support for identifying and applying policy on IPv6 traffic, and Sandvine's Service Creation capabilities, which fit the operator's vision for future service differentiation. The orders included units of Sandvine's high-throughput, high-density Policy Traffic Switch 24000 to be deployed in the service provider's network.
Sandvine's Network Policy Control is an integrated hardware and software system that gives service providers access to data that can enable a myriad of solutions, such as fair-use management policies, tailored tiered service plans and network security safeguards.
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