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 intelligen
t broadband network solutions for DSL, cable, FTTx, fixed wireless and mobile operators, today announced a reseller agreement with Mitsubishi Corporatio
n and the partnershi
p'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 subscriber
s in the world, with 79% of Japanese households having access to very high-speed Internet connection
s offering speeds of up to 100 Mbps, according to Point Topic. This capacity is enabling subscriber
s to use their high-speed Internet access for multimedia applicatio
ns including music and movie downloads, gaming and VoIP (voice over IP). Mitsubishi
's first Sandvine customer will use Sandvine's solutions to ensure that subscriber
s receive the quality of experience that they expect for all of their broadband multimedia applicatio
ns.
"Subs
cribers in Japan are some of the most sophistica
ted Internet users in the world; they truly embrace the Internet for work and entertainm
ent," said Tom Donnelly, Sandvine EVP, Marketing and Sales. "Mits
ubishi is offering Sandvine's solutions to Japanese service providers and enabling reliable and enhanced delivery of all multimedia applicatio
ns."
"Oper
ators are realizing that increased capacity encourages more music and video downloads which competes with the delivery of time-sensi
tive applicatio
ns and services like VoIP and gaming. Sandvine's Intelligen
t Broadband Network Solutions allow operators to ensure reliable and consistent quality of experience for all applicatio
ns," said Masatoshi Oshima, General Manager, Mitsubishi Corporatio
n. "We are happy to partner with Sandvine to bring solutions to the Japanese market that enhance the Internet experience for broadband subscriber
s."
Sandvine's Intelligen
t Broadband Network Solutions offer fixed and wireless operators traffic identifica
tion and policy management solutions with the breadth, capacity and scale to enhance personaliz
ed subscriber service delivery. Sandvine's solutions reduce congestion and operationa
l costs in service provider networks, monetize traffic and increase subscriber satisfacti
on.
ABOUT SANDVINE
Sandvine's award-winn
ing network equipment helps DSL, cable, FTTx, fixed wireless and mobile operators characteri
ze what is really happening on their networks, enabling polices that improve customer satisfacti
on, reduce operationa
l costs and increase profitabil
ity. Sandvine's policy management solutions are both applicatio
n and subscriber
-aware, empowering service providers to better manage network traffic congestion
, mitigate the proliferat
ion of malicious traffic, and deliver QoS-priori
tized 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 CORPORATIO
N
Mitsubishi Corporatio
n (MC) is Japan's largest general trading company (sogo shosha) with over 200 bases of operations in approximat
ely 80 countries worldwide. Together with its over 500 group companies, MC employs a multinatio
nal workforce of approximat
ely 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 merchandis
e.
MC provide optimal solutions for all stages of business-f
rom developmen
t, procuremen
t and production
, to logistics and sales. Supporting the realizatio
n of these solutions, linking businesses and coordinati
ng customer affiliatio
ns are all important MC functions.
For more informatio
n visit
http://www.mitsubishicorp.com.
Certain statements in this release constitute forward-lo
oking statements or forward-lo
oking informatio
n 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 competitiv
e offerings in the industry are forward-lo
oking statements which are subject to certain assumption
s, risks and uncertaint
ies. These risks and uncertaint
ies include such factors as rapid technologi
cal changes, changes in customer architectu
re and equipment deployment requiremen
ts, the introducti
on of competing technologi
es, the risks and uncertaint
ies of new product introducti
ons, dependence on key supplies and other similar factors that may cause the actual results, performanc
e or achievemen
ts of Sandvine to differ materially from the results, performanc
e, achievemen
ts or developmen
ts expressed or implied by such forward-lo
oking statements
. Readers are cautioned not to place undue reliance on such statements
. Sandvine assumes no obligation to update or revise any forward-lo
oking statements
, whether as a result of new informatio
n, future events or otherwise.
FOR FURTHER INFORMATIO
N 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