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Sandvine Corp. > Message
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News Out - New Customer

Posted by: buchanbulls on April 17, 2008 07:34AM

In response to: News -- Buyback Approved by... by buchanbulls

FOR IMMEDIATE RELEASE

Sandvine and Mitsubishi Enter Reseller Agreement and Win Customer
WATERLOO, ONTARIO--(Marketwire - April 17, 2008) - Sandvine, (TSX:SVC)(AIM:SAND) a leading provider of intelligent broadband network solutions for DSL, cable, FTTx, fixed wireless and mobile operators, today announced a reseller agreement with Mitsubishi Corporation and the partnership's first success. Mitsubishi is reselling Sandvine's 10-Gigabit Ethernet Policy Traffic Switch (PTS) platform and policy management solutions to DSL providers in the Japanese market.

Japan has the third largest number of broadband subscribers in the world, with 79% of Japanese households having access to very high-speed Internet connections offering speeds of up to 100 Mbps, according to Point Topic. This capacity is enabling subscribers to use their high-speed Internet access for multimedia applications including music and movie downloads, gaming and VoIP (voice over IP). Mitsubishi's first Sandvine customer will use Sandvine's solutions to ensure that subscribers receive the quality of experience that they expect for all of their broadband multimedia applications.

"Subscribers in Japan are some of the most sophisticated Internet users in the world; they truly embrace the Internet for work and entertainment," said Tom Donnelly, Sandvine EVP, Marketing and Sales. "Mitsubishi is offering Sandvine's solutions to Japanese service providers and enabling reliable and enhanced delivery of all multimedia applications."

"Operators are realizing that increased capacity encourages more music and video downloads which competes with the delivery of time-sensitive applications and services like VoIP and gaming. Sandvine's Intelligent Broadband Network Solutions allow operators to ensure reliable and consistent quality of experience for all applications," said Masatoshi Oshima, General Manager, Mitsubishi Corporation. "We are happy to partner with Sandvine to bring solutions to the Japanese market that enhance the Internet experience for broadband subscribers."

Sandvine's Intelligent Broadband Network Solutions offer fixed and wireless operators traffic identification and policy management solutions with the breadth, capacity and scale to enhance personalized subscriber service delivery. Sandvine's solutions reduce congestion and operational costs in service provider networks, monetize traffic and increase subscriber satisfaction.

ABOUT SANDVINE

Sandvine's award-winning network equipment helps DSL, cable, FTTx, fixed wireless and mobile operators characterize what is really happening on their networks, enabling polices that improve customer satisfaction, reduce operational costs and increase profitability. Sandvine's policy management solutions are both application and subscriber-aware, empowering service providers to better manage network traffic congestion, mitigate the proliferation of malicious traffic, and deliver QoS-prioritized multimedia services. With more than 100 customers in over 40 countries, Sandvine is enhancing the Internet experience for millions of broadband users worldwide. www.sandvine.com.

ABOUT MITSUBISHI CORPORATION

Mitsubishi Corporation (MC) is Japan's largest general trading company (sogo shosha) with over 200 bases of operations in approximately 80 countries worldwide. Together with its over 500 group companies, MC employs a multinational workforce of approximately 54,000 people. MC has long been engaged in business with customers around the world in virtually every industry, including ICT, energy, metals, machinery, chemicals, food and general merchandise.

MC provide optimal solutions for all stages of business-from development, procurement and production, to logistics and sales. Supporting the realization of these solutions, linking businesses and coordinating customer affiliations are all important MC functions.For more information visit http://www.mitsubishicorp.com.

Certain statements in this release constitute forward-looking statements or forward-looking information within the meaning of applicable securities laws and are made pursuant to the "safe harbor&;quot; provisions of such laws. Statements related to potential benefits of, and demand for, Sandvine's products or services including statements with respect to the features and benefits that may be achieved through the use of Sandvine's products or services and the relative position of these products vis-a-vis competitive offerings in the industry are forward-looking statements which are subject to certain assumptions, risks and uncertainties. These risks and uncertainties include such factors as rapid technological changes, changes in customer architecture and equipment deployment requirements, the introduction of competing technologies, the risks and uncertainties of new product introductions, dependence on key supplies and other similar factors 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. Readers are cautioned not to place undue reliance on such statements. Sandvine assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.


 

FOR FURTHER INFORMATION PLEASE CONTACT:

MEDIA CONTACT
Sandvine
Tanieu Tan
(519) 880-2232
Email: ttan@sandvine.com

OR

INVESTOR RELATIONS
Sandvine
Rick Wadsworth
(519) 880-2400 ext. 3503
Email: rwadsworth@sandvine.com
Website: www.sandvine.com

OR

AIM NOMAD
Canaccord Adams Limited
Andrew Chubb
+44 0207 050 6500

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