Procera Networks (PKT) Announces 3.5M Common Offering

Procera Networks, Inc. (Nasdaq: PKT), the Intelligent Policy Enforcement (IPE) company, today announced that, subject to market and other conditions, it plans to offer to sell 3,500,000 shares of its common stock in an underwritten public offering. Procera expects to grant the underwriters a 30-day option to purchase up to an additional 15% of the shares of common stock offered in the public offering to cover over-allotments, if any. All of the shares in the offering will be sold by Procera.

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