CHICAGO, Oct. 20, 2014 /PRNewswire/ -- As you well know, there are abundant reasons to be dissatisfied with the performance of Procera (NASDAQ: PKT). As a result, I do not intend to recap the continually disappointing operating results, acquisition disappointments, dramatic increase in expenses in front of unrealized sales, failure to provide proper guidance, and the dramatic decline of Procera's stock. I will not provide an unnecessary 200 slide presentation to document the aforesaid. Procera operates in a rapidly growing market sector of significant potential, but the company continues to fail to execute on its strategies, and seems to be unable to seize upon market opportunities.

I believe it is essential, and consistent with the Board of Director's fiduciary duties to Procera shareholders, that the Board of Directors evaluate all strategic alternatives, including the retention of an investment bank to help guide the process.

I have spoken to several shareholders and investment bankers. I intend to actively pursue further discussions with additional shareholders and interested parties. At the earliest possible convenience, I would also like to meet with the Board of Directors, to discuss the immediate need to change direction.

You must act in the best interests of the shareholders...NOW.

CONTACT: Ronald L. Chez, 1-312-944-0987

SOURCE Ronald L. Chez