Cable Bahamas to Launch Fiber-to-the-Premise Using C-COR'S FTTmaX Platform.

Business Editors/High-Tech Writers

STATE COLLEGE, Pa.--(BUSINESS WIRE)--Jan. 29, 2004

C-COR.net Corp. (Nasdaq:CCBL), a global provider of broadband communications products, software systems, and services, today announced that Cable Bahamas Ltd. has selected C-COR's FTTmaX platform for a field trial of Fiber-to-the-Premise technology supporting voice, video, and data services to its Bahamian subscribers. C-COR equipment initially deployed in January 2004 includes an FTTmaX headend for the operator's central office and optical network units (ONUs) that are deployed in the home or business.

Commenting on the initiative, Andre Foster, Vice President of Information Technology at Cable Bahamas, stated: "Cable Bahamas has been using fiber extensively for many years and provides a fully functional two-way network delivering video and high-speed data services. Deploying a customer premise device that can deliver the triple play of services -- voice, video, and data -- over a single strand of fiber on a passive network has always been Cable Bahamas' vision. We are excited about working with C-COR to test and deploy this technology."

About C-COR's FTTmaX

C-COR's FTTmaX is an end-to-end fiber solution that leverages C-COR's advanced optical transport equipment and element management systems, PON (Passive Optical Network) technology, and Gigabit connectivity to provide high-capacity bandwidth as well as a simpler, more efficient, and less expensive network access for transporting voice, video, and data to the home or business over fiber optic networks. The FTTmaX system uses a PON approach to address the last mile of the communications infrastructure from the service provider's central office or headend directly into business or customer locations, a local loop that is currently a bandwidth bottleneck between metro-core systems and the end-user. By sending point-to-multipoint signals through a distributed topology of fiber optic cables and passive splitters, PON technology taps into the higher-bandwidth capacity of fiber for the local loop, while using passive devices to eliminate the maintenance and installation costs of active electronics. FTTmaX has potential applications for a variety of service providers seeking revenue opportunities from new subscriber services while holding the line on costs, including MSOs, incumbent local-exchange carriers (ILECs), competitive local-exchange carriers (CLECs), overbuilders, municipalities, independent home builders, and utilities.

About Cable Bahamas Ltd. (www.cablebahamas.com)

Cable Bahamas Ltd. is majority owned by 2,500 Bahamians and the Government of the Bahamas. The company's 270 employees provide world-class cable television service on 16 Bahamian islands; high-speed Internet access services in Grand Bahama, Abaco, Eleuthera, and New Providence; connectivity between the Bahamas and the rest of the world with a 600-kilometer, submarine fiber-optic system owned and operated by wholly-owned subsidiary Caribbean Crossings Ltd; and Web-hosting, data center, and disaster recovery services through wholly-owned subsidiary Maxil Communications Ltd. Cable Bahamas' ordinary shares trade on the Bahamas International Stock Exchange (Symbol:CAB).

About C-COR (www.c-cor.net)

C-COR is a leading provider of premium quality, globally-oriented optical, digital video transport, and RF telecommunication products; operation support software solutions; and high-end technical field services -- a triple play for cost-effective delivery of voice, video, and high-speed data over advanced HFC (Hybrid Fiber Coax) 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 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 uncertainties, many of which the Company is not aware. 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, and the Company's ability to 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.