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Press release from Marketwire

Certain Sandvine Officers Disclose Adoption of Automatic Securities Disposition Plans

Thursday, October 14, 2010

Certain Sandvine Officers Disclose Adoption of Automatic Securities Disposition Plans07:00 EDT Thursday, October 14, 2010WATERLOO, ONTARIO--(Marketwire - Oct. 14, 2010) - Attention: Technology EditorsSandvine, (TSX:SVC)(AIM:SAND) a leading provider of intelligent network policy control solutions for fixed and mobile operators, today announced that five of its officers are disclosing the adoption of automatic securities disposition plans ("ASDPs") by themselves or certain family trusts with which each such officer is, respectively, associated.Canadian legislation permits insiders to adopt written ASDPs to dispose of shares in the future according to the ASDP on an automatic basis. Once an ASDP is established, the insider is not permitted to exercise any further discretion or influence over how dispositions will occur under the ASDP. Sandvine recognizes that insiders, or respective family trusts with which such insiders may be associated, may decide to dispose of shares for personal reasons unrelated to their assessment of Sandvine's current or future prospects. These reasons might include, for example, charitable donations, tax and estate planning, retirement planning, the purchase of a home, the payment of university tuition for a child, the establishment of a trust, the balancing of assets and diversification of investments in an orderly manner, or other personal reasons. Sandvine also recognizes that many of its insiders and employees have a substantial portion of their personal net worth represented by securities of the Company. An ASDP is an effective vehicle to deal with such situations.The form of ASDP being utilized includes the following characteristics: -- The ASDPs have been adopted at a time when there is no undisclosed material information in the possession of the Company; -- The ASDPs include a "cooling-off" period of 30 days between the adoption of the ASDP and the first disposition under the ASDP; -- The ASDPs have a duration of 24 months; -- The ASDPs have meaningful restrictions on the ability of the insider to modify or terminate the ASDP; -- The ASDPs provide for regular sales of smaller amounts (relative to individual's holdings) over a period of time rather than large sales during a short period of time after adoption of the ASDP; and -- Each ASDP is subject to a daily volume limit not to exceed 1% of the average daily volume of shares traded on the TSX for the preceding five days. The following officers of the Company have recently established ASDPs: -- Don Bowman, Chief Technology Officer. The ASDP provides for the sale of up to 360,000 common shares of Sandvine currently held by The Don Bowman Trust over the 24-month term of the ASDP, subject to certain limit order prices and volumes. -- Dave Caputo, President and Chief Executive Officer. The ASDP provides for the sale of up to 360,000 common shares of Sandvine currently held by The Dave Caputo Trust over the 24-month term of the ASDP, subject to certain limit order prices and volumes. -- Tom Donnelly, Executive Vice President, Marketing and Sales. The ASDP provides for the sale of up to 360,000 common shares of Sandvine currently held by The Tom Donnelly Trust over the 24-month term of the ASDP, subject to certain limit order prices and volumes. -- Brad Siim, Chief Operating Officer. The ASDP provides for the sale of up to 1,800,000 common shares of Sandvine currently held by The Brad Siim Trust over the 24-month term of the ASDP, subject to certain limit order prices and volumes. -- Scott Hamilton, Vice-President and Chief Financial Officer. The ASDP provides for the sale of up to 100,000 common shares of Sandvine over the 24-month term of the ASDP, subject to certain limit order prices and volumes. Dispositions by the respective trusts (or individual, as the case may be) under their respective ASDPs will be reported by the respective insiders in accordance with applicable securities laws. Each such filing will bear a notation to advise readers that the dispositions relate to an ASDP.ABOUT SANDVINESandvine's network policy control solutions focus on protecting and improving the quality of experience on the Internet.Our award-winning network equipment and software helps DSL, FTTx, cable, fixed wireless and mobile operators better understand network traffic, manage network congestion, create new services and revenues, mitigate traffic that is malicious or undesirable to subscribers, deliver QoS-prioritized multimedia services and increase subscriber satisfaction. With service provider customers in more than 80 countries serving hundreds of millions of broadband and mobile data subscribers, Sandvine is enhancing the Internet experience worldwide.FOR FURTHER INFORMATION PLEASE CONTACT: INVESTOR RELATIONS CONTACT Sandvine Rick Wadsworth +1 519 880 2400 ext. 3503 rwadsworth@sandvine.com or AIM NOMAD Canaccord Adams Limited Andrew Chubb/Simon Bridges +44 0207 050 6500