____ Posted Tuesday September 12, 2017 ____
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Sandvine Obtains Final Court Order Approving the Plan of Arrangement

Sandvine Corporation announced that it has obtained a final court order from the Ontario Superior Court of Justice approving the proposed plan of arrangement (the "Arrangement") pursuant to which PNI Canada Acquireco Corp., an affiliate of Francisco Partners and Procera Networks, Inc. ("Procera"), will acquire all of the issued and outstanding common shares of Sandvine for cash consideration of CAD$4.40 per share.

As previously announced on September 7, 2017, Sandvine shareholders overwhelmingly approved the Arrangement at a special meeting of Sandvine shareholders. Completion of the Arrangement remains subject to various customary conditions. Assuming the satisfaction or waiver of such closing conditions, the Arrangement is expected to close before the end of September 2017.



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