C-COR Transitions Service Management Assets to Sigma Systems; Companies Also Agree to Collaborate in Developing and Promoting Next-Generation OSS Solutions.

STATE COLLEGE, Pa & TORONTO -- C-COR Incorporated (NASDAQ:CCBL)(www.c-cor.com) and Sigma Systems (www.sigma-systems.com) today announced that they have agreed to terms whereby C-COR will transition the product development and support for the C-COR Service Activation Manager (SAM) and Service Provisioning Manager (SPM) to Sigma Systems. The transaction is subject to customary closing conditions and is expected to be completed this quarter. Upon closing of the transaction, Sigma will obtain an exclusive interest from C-COR in the SAM and SPM products and assume all of the service provider licensing and software maintenance contracts for these products. C-COR will continue to wholly own its other OSS products, including Key Distribution Center (KDC), Policy Service Manager (PSM(TM)), Network Service Manager (NSM(TM)), Mobile Workforce Manager (MWM(TM)), and CableEdge(R).

C-COR and Sigma Systems have also agreed to terms whereby the companies will co-market and co-sell integrated OSS solutions to the global cable marketplace. This joint collaboration will leverage the synergies among their respective OSS product lines to expedite the additional functionalities and capabilities required to meet the evolving needs of cable operators. As a result, operators will have access to an OSS product portfolio that combines automated order management, service provisioning and activation, service authorization, resource management and self-care capabilities from Sigma's Service Management Platform with the functionalities of C-COR's complete line of bandwidth and resource management, policy service management, automated workforce, and service assurance solutions. C-COR and Sigma are worldwide leaders in OSS for cable with deployments throughout North America, Europe, and Asia-Pacific and have consistently demonstrated their industry leadership through continued involvement with CableLabs(R).

"This is about putting innovative OSS solutions on a fast track," stated Robert Cruickshank, Vice President, OSS Market Strategy, C-COR. "For customers of our SAM and SPM, folding the technology and support of these products under Sigma Systems will provide them with broader flexibility and choice in service activation and provisioning functionality. For the cable industry, applying the combined experience and expertise of C-COR and Sigma to the OSS requirements of future converged network architectures will speed innovation and provide the shortest path to a fully integrated OSS solution for voice, video, and data over wireline or wireless networks."

"Sigma is delighted to announce this joint agreement, as it clearly cements our position as a Worldwide Leader in Quad-Play Service Management," said Andy Jasuja, Chairman, CEO Sigma Systems. "As a result of this agreement, Sigma has a total of 47 Deployments Worldwide, 20+ VoIP deployments, and 20M subscribers managed across Voice, Video, Data, ISP, Wireless and emerging markets."

"The transition of C-COR SAM and SPM products to Sigma and agreement to co-promote OSS solutions provide our customers with a complete consolidation of provisioning solutions," said Tim Spencer, Sigma Systems President & COO. "It allows our current and future customers to take advantage of Sigma's ongoing R&D investment and the combination of two great sets of technology. Our strategic direction is geared towards providing All Play Service Management Solutions for all our customers - an integrated multi service management environment for content, entertainment, and communications services across legacy networks, today's service platforms, and tomorrow's truly converged service delivery networks."

About C-COR

C-COR offers world-class, market-focused integrated solutions for cable operators and other service providers that put subscribers in personal control of their entertainment and communication needs. C-COR's interoperable software and hardware help network operators to provide reliable On Demand voice, video, and data today while expediting their migration to all-IP intelligent networks. The Company's solutions include C-COR Broadband Access technology to extend bandwidth capacity; C-COR On Demand for VOD and advertising; C-COR OSS for bandwidth and resource management; and C-COR Network Services for a variety of outsourced field services that help keep networks operating at peak performance. C-COR's common stock is listed on the NASDAQ Global Market (Symbol: CCBL) and is a component of the Russell 2000 Stock Index. For additional information regarding C-COR, visit www.c-cor.com.

About Sigma Systems

Sigma Systems is a premier provider and leader in the design, development, and deployment of OSS service management solutions. As a global company, we automate Communications Service Providers' (CSPs) business and operational processes enabling them to define, activate, manage, and diagnose subscribed, on-demand and real-time IP broadband and wireless services.

Our award-winning software solutions help deliver voice, data/internet, video, and advanced multimedia services - anywhere, anytime and on any device. Sigma's All Play Solutions provide the "Intelligence Behind Converged Services Delivery" and are supported by the company's proven ability to empower a greater freedom of service choice for the digital consumer.

Sigma has 10 years experience using a proven implementation methodology that provides rapid deployment integration and turn-up in multi-service, multi-technology operating environments. Today, we are a proven global OSS leader, managing deployments for communications service providers that have over 40 million subscribers combined across North America, EMEA, and APAC.

Sigma's tried, proven and trusted deployments are powered by its global team of over 200 dedicated professionals, who design, develop, sell, and deliver Sigma's products and services.

Some of the information presented in this announcement constitutes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act 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 known and unknown uncertainties. Factors which could cause actual results to differ from expectations include, among others, capital spending 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, the Company's ability to implement its restructuring and cost reduction measures, 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.