Thursday, January 10, 2013

Sandvine Confirms $6.5 Million in Follow-on Orders, Adds Dermot O'Carroll to Board

Sandvine confirmed the receipt of more than $6.5 million in follow-on Network Policy Control orders from a Top-5 Asian communications service provider. Sandvine announced initial orders from the customer in May 2012. Since May 2012, Sandvine has announced orders from certain Tier-1 Asian operators that total approximately $20 million and has reported the highest market share in the region.

“This is a multi-phase project and the deployment has proceeded as expected. We are just beginning the second phase,” said Tom Donnelly, COO, Sales and Global Services. “We have been able to demonstrate our ability to measure application usage on a granular basis and provide meaningful streaming video metrics based on device, display characteristics and transport quality. We will now start to expand those capabilities as well as our traffic management solution across additional network locations.”

Sandvine also announced that Dermot O’Carroll has joined its Board of Directors. Mr. O’Carroll has spent almost 40 years in the telecommunications industry, the last twenty of which as a senior executive in various roles, including with Rogers Communications.

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