Exhibit 99.1

January 25, 2007

Sally O. Thiel, Director	Jo Ann Lehtihet
Investor Relations	Corporate Public Relations
C-COR	C-COR
(814) 231-4402, email: sthiel@c-cor.com	(814) 231-4438, email: jlehtihet@c-cor.com

C-COR REPORTS FINANCIAL RESULTS FOR SECOND QUARTER

OF FISCAL YEAR 2007

State College, PA (January 25, 2007) – C-COR Incorporated (NASDAQ: CCBL) today reported its financial results for the second quarter of fiscal year 2007, ended December 29, 2006. Net sales for the second quarter were $80.1 million compared to $66.7 million in the same period last year. Bookings in the second quarter of fiscal year 2007 were $98.2 million for a book-to-bill ratio of 1.23.

The net income for the second quarter of fiscal year 2007 was $5.9 million, compared to a net loss of $15.7 million for the same period last year. The net income per share on a basic and diluted basis for the second quarter of fiscal year 2007 was $.12 compared to basic and diluted net loss per share of $.33 for the same period last year. C-COR’s results for the second quarter of fiscal year 2007 included $990,000 of stock compensation expense, $829,000 of amortization related to intangible assets, and $461,000 of restructuring charges. These items, which equate to $.04 on a diluted per share basis, are included in results reported under generally accepted accounting principles (GAAP), but are typically excluded from the analysts’ estimates comprising the First Call consensus number. C-COR is breaking out these numbers to improve comparability of the reported GAAP results and the non-GAAP First Call number.

C-COR anticipates that net sales for the third quarter of fiscal year 2007, ending March 30, 2007, will be between $75.0 and $80.0 million with net earnings per share of between $.08 and $.12. These projections include $829,000 of amortization related to intangible assets, $750,000 of stock compensation expense, and approximately $350,000 of restructuring charges. These items, which are projected to equate to $.04 per diluted share, are typically excluded from the First Call analysts’ projections. C-COR is breaking out these numbers to improve comparability of the projected GAAP results and the non-GAAP First Call number.

C-COR’s management will discuss C-COR’s financial results on a conference call at 9:45 AM (ET) on Thursday, January 25, 2007. For information on how to access the conference call, refer to C-COR’s news release dated January 11, 2007 (posted on the C-COR web site, www.c-cor.com), or contact Investor Relations at 814-231-4402 or 814-231-4438.

About C-COR

C-COR technology and know-how are at the heart of today’s personalized, multi-screen communications and entertainment. With customers that include the largest cable operators in the world and other private and public network operators, C-COR’s product and service portfolio includes broadband access equipment to extend bandwidth capacity; On Demand systems for VOD and advertising; back-office operational support systems for bandwidth and resource management; and a corps of technical professionals providing a variety of outsourced field services. 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.

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.

C-COR Incorporated

Condensed Consolidated Statements of Operations

(unaudited, in thousands except per share amounts)

	Thirteen Weeks Ended
	December 29, 2006			December 23, 2005
Net sales	$	80,134		$	66,668
Cost of sales (1)		48,473			44,022
Excess and obsolete inventory charge		0			1,622
Total cost of sales		48,473			45,644
Gross margin		31,661			21,024
Operating expenses (1)
Selling and administrative		15,896			18,160
Research and product development		8,308			9,972
Amortization of intangibles		829			1,278
Impairment charges		0			5,330
Restructuring costs		461			1,367
Total operating expenses		25,494			36,107
Income (loss) from operations		6,167			(15,083	)
Interest expense		(365	)		(329	)
Investment income		800			317
Foreign exchange gain (loss)		114			(113	)
Other income, net		14			235
Income (loss) before income taxes		6,730			(14,973	)
Income tax expense		867			738
Net income (loss)	$	5,863		$	(15,711	)
Net income (loss) per share:
Basic	$	0.12		$	(0.33	)
Diluted	$	0.12		$	(0.33	)
Weighted average common shares and common share equivalents
Basic		48,248			47,867
Diluted		52,031			47,867
(1) Stock-based compensation is included as follows:
Cost of sales	$	98		$	80
Selling and administrative		785			910
Research and product development		107			154
Total stock-based compensation	$	990		$	1,144

C-COR Incorporated

Condensed Consolidated Statements of Operations

(unaudited, in thousands except per share amounts)

	Twenty-six Weeks Ended
	December 29, 2006			December 23, 2005
Net sales	$	149,720		$	130,162
Cost of sales (1)		92,204			85,887
Excess and obsolete inventory charge		0			7,736
Total cost of sales		92,204			93,623
Gross margin		57,516			36,539
Operating expenses (1)
Selling and administrative		31,147			35,343
Research and product development		15,508			20,572
Amortization of intangibles		1,658			2,794
Impairment charges		0			5,330
Loss on sale of product line		245			0
Restructuring costs		861			1,750
Total operating expenses		49,419			65,789
Income (loss) from operations		8,097			(29,250	)
Interest expense		(725	)		(649	)
Investment income		1,495			623
Foreign exchange gain (loss)		144			(247	)
Other income, net		85			302
Income (loss) before income taxes		9,096			(29,221	)
Income tax expense		1,650			1,318
Net income (loss)	$	7,446		$	(30,539	)
Net income (loss) per share:
Basic	$	0.15		$	(0.64	)
Diluted	$	0.15		$	(0.64	)
Weighted average common shares and common share equivalents
Basic		48,148			47,836
Diluted		48,861			47,836
(1) Stock-based compensation is included as follows:
Cost of sales	$	250		$	204
Selling and administrative		1,549			1,785
Research and product development		247			368
Total stock-based compensation	$	2,046		$	2,357

C-COR Incorporated

Consolidated Balance Sheets

(in thousands of dollars)

	December 29, 2006		June 30, 2006
	(unaudited)
ASSETS
Current assets
Cash and cash equivalents	$	64,331	$	53,279
Restricted cash		4,063		1,409
Marketable securities		10,244		7,649
Accounts receivable, net		54,892		49,188
Unbilled receivables		2,944		3,308
Inventories		33,696		25,437
Deferred costs		6,814		4,555
Assets held for sale		0		303
Other current assets		3,651		4,239
Total current assets		180,635		149,367
Property, plant and equipment, net		19,943		20,074
Goodwill		131,148		131,209
Other intangible assets, net		3,477		5,135
Deferred taxes		424		497
Other long-term assets		5,077		6,847
Total	$	340,704	$	313,129
LIABILITIES AND SHAREHOLDERS’ EQUITY
Current liabilities
Accounts payable	$	30,106	$	25,796
Accrued liabilities		29,875		26,423
Deferred revenue		26,603		19,674
Deferred taxes		999		374
Liabilities held for sale		0		415
Current portion of long-term debt		382		299
Total current liabilities		87,965		72,981
Long-term debt, less current portion		36,160		35,966
Deferred revenue		1,778		2,705
Deferred taxes		2,803		2,986
Other long-term liabilities		4,645		3,624
Shareholders’ equity		207,353		194,867
Total	$	340,704	$	313,129

C-COR Incorporated

Financial Data Table

(Unaudited, in thousands except percentages)

	Business Segment												Consolidated
	Broadband Systems Solutions						Total			Network Services
	Access			Solutions						Services
Business Segment:
Product Category:
Thirteen Weeks ended December 29, 2006:
Bookings (1)	$	61,457		$	24,180		$	85,637		$	12,525		$	98,162
Net sales		51,916			15,871			67,787			12,347			80,134
Gross margin		20,831			9,963			30,794			867			31,661
Gross margin percentage		40.1	%		62.8	%		45.4	%		7.0	%		39.5	%
Backlog at December 29, 2006 (1):
Less than 12 months		34,525			43,702			78,227			23,563			101,790
Greater than 12 months		—			15,504			15,504			—			15,504
Total Backlog		34,525			59,206			93,731			23,563			117,294
Thirteen Weeks ended December 23, 2005:
Bookings (1)	$	34,805		$	13,619		$	48,424		$	23,795		$	72,219
Net sales		36,404			17,617			54,021			12,647			66,668
Gross margin		11,063			8,173			19,236			1,788			21,024
Gross margin percentage		30.4	%		46.4	%		35.6	%		14.1	%		31.5	%
Backlog at December 23, 2005 (1):
Less than 12 months (2)		21,724			41,765			63,489			29,792			93,281
Twenty-six Weeks ended December 29, 2006:
Bookings (1)	$	104,810		$	41,204		$	146,014		$	24,299		$	170,313
Net sales		97,953			28,615			126,568			23,152			149,720
Gross margin		37,667			18,089			55,756			1,760			57,516
Gross margin percentage		38.5	%		63.2	%		44.1	%		7.6	%		38.4	%
Backlog at December 29, 2006 (1)
Less than 12 months		34,525			43,702			78,227			23,563			101,790
Greater than 12 months		—			15,504			15,504			—			15,504
Total Backlog		34,525			59,206			93,731			23,563			117,294
Twenty-six Weeks ended December 23, 2005:
Bookings (1)	$	70,329		$	29,741		$	100,070		$	45,367		$	145,437
Net sales		77,187			28,272			105,459			24,703			130,162
Gross margin		19,083			14,343			33,426			3,113			36,539
Gross margin percentage		24.7	%		50.7	%		31.7	%		12.6	%		28.1	%
Backlog at December 23, 2005 (1)
Less than 12 months (2)		21,724			41,765			63,489			29,792			93,281

(1) Amounts derived from our internal operating records.

(2) Our backlog as of December 23, 2005 represented our estimate of backlog that was expected to be realized over a 12-month period and did not reflect total contract backlog.

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