C-COR Completes Purchase of Stargus; Acquisition Solidifies C-COR's Leading Global Position in Broadband OSS Market.STATE COLLEGE, Pa. -- C-COR Incorporated (Nasdaq:CCBL CCBL Crescent Commercial Bank Limited (Pakistan) CCBL Cambodia Campaign to Ban Landmines CCBL Configuration Control Baseline CCBL CPEDB Configuration Baseline Listing CCBL Chinese Christian Basketball League ), a global provider of broadband communications transport products, software systems, and technical services, today announced that it has completed the acquisition of Stargus, Inc. (www.stargus.com) under the terms and conditions of the agreement previously announced on June 15, 2004, and July 6, 2004. Massachusetts-based Stargus is a provider of comprehensive network and service management solutions for cable broadband networks You can assist by [ editing it] now. , including network optimization, network security and abuse control, and bandwidth capacity planning. With the completion of this purchase, Stargus becomes part of C-COR's Broadband Management Solutions (BMS BMS abbr. Bachelor of Marine Science ) division, and the Stargus CableEdge(TM) product line will be integrated into the BMS ISM See ISM band. (TM) (Integrated Services Management) suite of OSS Oss (ôs), city (1994 pop. 62,141), North Brabant prov., S Netherlands; chartered 1399. It is a significant industrial center. Manufactures include meat products, chemicals, pharmaceuticals, electrical equipment, and metalware. (operations support systems Operations Support Systems (also called Operational Support Systems or OSS) are computer systems used by telecommunications service providers. The term OSS most frequently describes "network systems" dealing with the telecom network itself, supporting processes such ) solutions for the broadband industry. The acquisition of Stargus, along with that of Alopa Networks completed in May 2004, solidifies C-COR's position as a global provider of the most comprehensive OSS solution on the market for broadband operators, integrating network, subscriber, workforce, and bandwidth capacity management under one modular umbrella offering. About C-COR (www.c-cor.net) C-COR is a top-tier global provider of optical packet and digital video transport communications products; end-to-end fiber-to-the-premise systems; comprehensive OSS solutions; and high-end technical outsourced field services--all supporting cost-effective delivery of voice, video, and high-speed data over advanced broadband networks. Headquartered in the U.S. with facilities worldwide, C-COR's mission is to provide our customers with second-to-none network integrity throughout the full network life cycle. C-COR's common stock is listed on the Nasdaq National Market (Symbol: CCBL) and is a component of the Russell 2000 Stock Index. Some of the information presented in this announcement constitutes forward-looking statements made pursuant to the safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Forward-looking statements represent the Company's judgment regarding future events, and are based on currently available information. Although the Company believes it has a reasonable basis for these forward-looking statements, the Company cannot guarantee their accuracy and actual results may differ materially from those the Company anticipated due to a number of uncertainties, many of which the Company is not aware. Factors which could cause actual results to differ from expectations include, among others, capital spending capital spending Spending for long-term assets such as factories, equipment, machinery, and buildings that permits the production of more goods and services in future years. patterns of the communications industry, changes in regard to significant customers, the demand for network integrity, the trend toward more fiber in the network, the Company's ability to develop new and enhanced products, the Company's ability to provide complete network solutions, continued industry consolidation, the development of competing technology, the global demand for the Company's products and services, and the Company's ability to complete and integrate acquisitions and achieve its strategic objectives. For additional information concerning these and other important factors that may cause the Company's actual results to differ materially from expectations and underlying assumptions, please refer to the reports filed by the Company with the Securities and Exchange Commission. |
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