8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE

ACT OF 1934

Date of Report (Date of earliest event reported) February 22, 2007

C-COR Incorporated

(Exact name of Registrant as specified in its charter)

Pennsylvania	0-10726	24-0811591
(State or other jurisdiction of incorporation or organization)	(Commission File Number)	(I.R.S. Employer Identification No.)

60 Decibel Road, State College, PA	16801
(Address of principal executive offices)	(Zip Code)

Registrant’s telephone number, including area code: (814) 238-2461

(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant

under any of the following provisions (see General Instruction A.2. below):

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 7.01. Regulation FD Disclosure.

On February 22, 2007, the attached presentation was given at the 2007 D.A. Davidson Technology Conference in Phoenix, Arizona. A copy of the presentation is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

The information contained in this report on Form 8-K, including Exhibit 99.1, shall not be deemed “filed” with the Securities and Exchange Commission nor incorporated by reference in any registration statement filed by the Registrant under the Securities Act of 1933, as amended.

Item 9.01. Financial Statements and Exhibits

(d) Exhibits

Number	Description of Document
99.1	Presentation of C-COR Incorporated at the 2007 D.A. Davidson Technology Conference.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	C-COR Incorporated
	(Registrant)
February 22, 2007	By:	/s/ Joseph E. Zavacky
	Name:	Joseph E. Zavacky
	Title:	Controller and Assistant Secretary

EX-99.1

Meeting the demands of an on demand world.

On-Demand Networks…

Putting the Consumer In Control

Ensuring Profitable Transition

to the IP Era

Fifth Annual D.A.Davidson & Co.

Technology Conference

February 22-23, 2007

Exhibit 99.1

2

Meeting the demands of an on demand world.

Safe Harbor

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.

2/21/2007

3

Meeting the demands of an on demand world.

Introduction to C-COR

•

Founded in 1953

•

Approximately 1,700 employees

•

Traded on Nasdaq (1981) –

CCBL

•

Home page at www.c-cor.com

•

Global HQ: State College, PA

•

Operational Installed product base –

over $3.5 Billion

•

We have deployed over 325 software

systems

4

Meeting the demands of an on demand world.

The Story of C-COR

The Founders Era –

Pioneering Communications

•

Early leaders –

John McLucas, Jim Palmer

•

Community Engineering was first name, then C-COR

•

Product innovations –

first cable powering systems,

use of integrated circuits, heat fins

The Expansion Era –

Exploring Communications

•

Industry moves from rural to the cities

•

Bandwidth expanded for new video services

•

First with expanded warranty on amps

•

Broadband LAN amps for Fortune 500 companies

•

C-COR IPO, Nasdaq listing

Influence, Innovation, Integrity

The Digital Era –

Advancing Communications

•

New leadership –

Dick Perry

•

Shipped first fiber optic products

•

Further bandwidth expansion –

1 GHz

•

Global expansion –

European products

The Era of Integrity –

Integrated Communications

•

Current leadership –

Dave Woodle

•

New vision, new strategic plan

•

“Meeting the demands of an on demand world”

–

High integrity solutions for IP services of voice,

video, and data

1953  -

1960  -

1965  -

1970  -

1975  -

1980  -

1985  -

1990  -

1995  -

2000  -

2007

2/21/2007

5

Meeting the demands of an on demand world.

C-COR Vision

Leading network operators through the

transition to the on-demand IP era, C-COR

leverages a dedicated global workforce

that delivers complete, interoperable

solutions for lowering risk, increasing

profit and confidently managing change.

6

Meeting the demands of an on demand world.

Established Global Footprint

ASIA

C-COR OFFICES

C-COR PARTNERS

ISRAEL

QATAR

ARGENTINA

BRAZIL

CHILE

TORONTO CANADA

MEXICO

BEAVERTON

OREGON

DENVER

COLORADO

STATE COLLEGE PA

(CORP HQ)

NASHVILLE

TENNESSEE

CARIBBEAN/

CENTRAL AMERICA

CZECH

REPUBLIC

SWITZERLAND

MADRID

SPAIN

LOUVIERS

FRANCE

MAINZ

GERMANY

SWEDEN

NORWAY

BULGARIA

SLOVENIA

SERBIA

ROMANIA

ITALY

FINLAND

LUXEMBURG

POLAND

TIJUANA

MEXICO

WALLINGFORD CT

LONDON

UK

LISBON

PORTUGAL

ALMERE

NETHERLANDS

BELGIUM

HUNGARY

U.A.E.

KLAGENFURT

AUSTRIA

NEW DEHLI

INDIA

INDONESIA

MALAYSIA

VIETNAM

SINGAPORE

PHILIPPINES

CHINA

TAIWAN

HONG

KONG

MOSCOW

RUSSIA

LITHUANIA

RUSSIA

SLOVAKIA

REPUBLIC

NEW ZEALAND

MELBOURNE

AUSTRALIA

TOKYO

JAPAN

SHANGHAI

CHINA

SEOUL

KOREA

EUROPE

NORTH

AMERICA

SOUTH

AMERICA

ASIA

AUSTRALIA

MIDDLE

EAST

•

Principal Locations:

16

•

Partner Locations:

39

7

Meeting the demands of an on demand world.

Corporate Facilities

State College, PA

133,000 sq. ft.

Almere, The Netherlands

5,100 sq. ft.

Tijuana, Mexico

89,400 sq. ft.

Wallingford, CT

83,000 sq. ft.

Denver, CO

12,000 sq. ft.

Beaverton, OR

63,000 sq. ft.

8

Meeting the demands of an on demand world.

N/A

N/A

1.1

13.0

2.3

5.0

7.6

1.9

1.4

5.9

5.4

3.1

13.4

24.2

OSS

Deep Customer Relationships

On Demand

Access

Transport

Network

Services

Subscribers (MM)

Select Customers

Industry leading customer base includes all major customers in the U.S. and internationally

Source: National Cable & Telecommunications Association. 

9

Meeting the demands of an on demand world.

0

10

20

30

2005

2006

2007

2008

2009

2010

$0

$100

$200

$300

2003

2004

2005

2006

2007

2008

•

Broadband subscribers will require

–

On Demand

–

Pay as you use

–

Integrated media

–

Flexibility, value

•

Networks (infrastructure) and services

(content) will be decoupled

•

Optics will continue to move closer to the

user in order to meet bandwidth demands

•

Back office automation will be required

•

Technology will be open, digital, IP based

Market Opportunity:

Future Broadband Multi-media Market

0

15

30

45

60

2004

2005

2006

2007

2008

0%

10%

20%

30%

40%

50%

U.S. HDTV Subscribers

Source:  Wall Street, Gartner, IDC research and Strategy

Analytics (2004).

Worldwide Digital TV Household Forecast

U.S. Cable VoIP Subscribers

10

Meeting the demands of an on demand world.

0

15

30

45

60

2004

2005

2006

2007

2008

0%

10%

20%

30%

40%

50%

0

1

2

3

4

5

2004

2005

2006

2007

2008

0%

1%

2%

3%

4%

C-COR Is Positioned in a Dynamic and Growing Market

“Cable Operators Turn to IP for Next-Gen Services”

VNUNet.com, 8/8/2006

“Betting Big On A Triple Play; Providers of cable and

satellite TV branching out into other services”

Investor’s Business Daily, 8/7/2006

“Next-Gen Technologies Drive Growth in Consumer

Telecom Market”

PR Newswire, 8/7/2006

“Satellite Falls as Cable Takes Off”

WSJ, 8/5/2006

“Comcast, TWC Phone Uptake Reflects Grim Prospects

for VoIP Pure-Plays”

Pike & Fischer, 2/2/2007

“VOD getting better and better”

xOD Capsule from CED, 2/5/2007

U.S. Triple Play Customers

U.S. HDTV Subscribers

7.7

11.4

17.2

25.9

34.7

45.1

0

10

20

30

40

50

2005

2006

2007

2008

2009

2010

North American IPTV Subscribers 

Source:  Wall Street, Gartner and IDC

research.

“Cable Industry May Need To Spend Heavily on

Broadband Upgrades”

WSJ, 8/17/2006

“Cable Operators to Spend $80 Billion Worldwide

through 2012 to Expand Network Bandwidth”

ABI research, 1/16/2007

11

Meeting the demands of an on demand world.

•

Converged IP networks are redefining how consumers work, communicate and enjoy

entertainment

•

Consumers now have the ability to use any service at any time via a variety of networks

•

C-COR’s offerings are integral to this “new world”

The Consumer Is In Control

Video

Voice

Data

Converged IP Networks

Enabling “Any Service Any Time”

HSD

Home

Home

Travel

Travel

Office

Office

VOD/HDTV

Shopping

Gaming

Voice

Music

Advertising

Wireless Data

13

Meeting the demands of an on demand world.

1 GHz Upgrade

Converged OSS

Switched Digital Video

Targeted Expansion Via New Business Lines and Key

Acquisitions

2002

RF Products

Optical Products

Tech Services

Service Mgmt S/W

Workforce Mgmt

Int’l Footprint

Business Services

GigE Transport

Policy Management

Capacity Management

IP Video Processing

Content on Demand

2004

2006

1 GHz Upgrade

Converged OSS

Switched Digital Video

14

Meeting the demands of an on demand world.

96%

3%

1%

Note:        

represents Optics equipment.

19%

23%

53%

5%

FY98

FY98

FY04

FY04

Strategic Plan –

Phase 1

•

Diversify product base

•

Diversify customer base

•

Grow revenues in

reduced capital

environment

•

Build market share and

installed base

Evolution of Revenue Mix Toward Solutions

Successful Implementation of Strategic Plans

FY06

FY06

Phase 1

Phase 2

Strategic Plan –

Phase 2

•

Lead industry shift to

unified video delivery

•

Solutions focused: On

Demand and Converged

OSS

•

Grow revenues by 10 –

20% per year

20%

27%

33%

15%

5%

On Demand

Network Services

OSS

Access & Transport

15

Meeting the demands of an on demand world.

Complementary Product Lines

C-COR

Broadband Access

C-COR

OSS

C-COR

On Demand

•

Fiber Optic Transmission

•

RF Electronics

•

Business Services

Managed Access

C-COR

Network Services

•

Plant Services

•

Outsourcing

•

Network Design/Integration

•

Policy Management

•

Service Assurance

•

Workforce Management

•

On Demand

•

Digital Ad Insertion

•

Content Management

16

Meeting the demands of an on demand world.

C-COR’s Role in Cable Infrastructure

Satellite Rcv

Local Encode

VOD/Ad Server

OSS Systems

IP Infrastructure /

Fiber Ring

Full

GigE’s

Full

GigE’s

nABLE SRM/ERM

Control Plane Processing

SDV

Control

VOD/Ad control

Clients

-

STB

Cable

Modems

HFC Access

Products

C-COR Products

CMTS

Optical Transport

RF Amplification

Edge QAM

Headend

Access

Customer Premise

Analog

Source

Digital

Source

Voice

Data

Video

Encoder /

Splicer

17

Meeting the demands of an on demand world.

Access and Transport for the On Demand World

•

Provide Simplicity, Connectivity, Interactivity and

Mobility to Operators seeking the next generation

converged IP platforms

for video, data, and voice

services

–

1 GHz access platform that extends the network

capacity and unifies legacy access platforms

–

One network for wired or wireless interface for

residential and business customers whether IP

applications are Video, Data, Voice

–

One IP transport platform that integrates

security, and resiliency features with high

capacity VOD, VOIP transport

•

All supported by common provisioning, monitoring

and management software from source to

subscriber

18

Meeting the demands of an on demand world.

Integrated IP Voice, Video and Data Services

19

Meeting the demands of an on demand world.

Global Installed Base: Network Infrastructure

> 50%

> 15%

< 10%

< 10%

$3.5 Billion

NORTH

AMERICA

SOUTH

AMERICA

ASIA

AUSTRALIA

MIDDLE

EAST

EUROPE

< 10%

•

Transition from RF Products to higher value

Optics

•

Large $3.5Bn Installed Base

•

Migration to Digital IP

•

Network Upgrade to 1GHz

20

Meeting the demands of an on demand world.

Evolution of Bandwidth & Utilization

•

Status monitoring

•

Set-tops return

•

DOCSIS return

•

CBR telephony return

Analog Video

Digital broadcast

•

VOD, SVOD

•

HDTV

•

DOCSIS forward

•

CBR telephony forward

20

40

50

550

750

860

MHz

2003

•

VOD, SVOD

•

DOCSIS

•

SME

•

CBR telephony

•

VoIP

•

Status monitoring

•

Set-tops return

•

DOCSIS return

•

CBR telephony return

•

VoIP & SME return

Analog Video

Digital broadcast

HDTV

20

40

50

550

750

860

MHz

Today

•

Status monitoring

•

Set-tops return

•

DOCSIS & VoIP return

•

Commercial Svcs return

Analog Video

Dig Broadcast (Std Def)

HD Bdcast

20

40

50

550

750

860

MHz

1000

Dig Simulcast

SDV

VOD

DOCSIS 3.0

& VoIP

HD SDV

HD VOD

Going Forward with 1 GHz

21

Meeting the demands of an on demand world.

1 GHz Solutions

•

1GHz

bandwidth

–

highest capacity

•

Variable

Optical

Output

–

reduces spares

inventory

•

Dual

Input

Ports

–

Broadcast & Narrowcast

•

Space saving compact design

•

Local and SNMP control

•

1GHz

bandwidth

–

highest capacity

•

Drop-In Upgrade for 700/800/900 Series

Housings

•

Plug-in Diplex filters for future split upgrades

•

Supports monitoring through HMS protocols

•

1GHz

bandwidth

–

highest capacity

•

Fully Segmentable

•

Modular

–

flexible and  scalable

•

Revenue-driven-investment platform base

•

Industry leading performance

•

1GHz

bandwidth

–

highest capacity

•

Drop-In Upgrade for E700 / FM330 series

housings

•

Huge installed base of compatible housing

•

Plug-in Diplex filters for future split upgrades

•

Supports monitoring through HMS protocols

CHP Max5000 GFXV Series

Flex Max901 Trunk &

Bridger Amplifier

Opti Max4100 Segmentable Node

Flex Max331 Line Extender

22

Meeting the demands of an on demand world.

•

Deliver solutions that enhance customer revenues

and manage operating expenses

while providing

outstanding customer service

–

Enhance the top-line using VOD, Ad Insertion,

and Bandwidth On Demand

–

Improve the bottom line

by using Fulfillment,

Assurance, and Workforce

•

Simplify complex delivery and manage advanced

services with open architecture and interoperable

software solutions

•

Replace silos with comprehensive, scalable, and

reliable solutions that provide maximum visibility

into content, workforce, and infrastructure

Management Solutions for the On Demand World

23

Meeting the demands of an on demand world.

Leading Provider of Unified Video Delivery Systems

(1)  Source: Wall Street research.

(2)  Source: Gartner research.

U.S. HDTV Subscribers

(1)

0

15

30

45

60

2004

2005

2006

2007

2008

0%

10%

20%

30%

40%

50%

North American IPTV Subscribers

(2)

0

1

2

3

4

5

2004

2005

2006

2007

2008

0%

1%

2%

3%

4%

•

Ten years of experience in On-Demand

•

Strong IPTV VoD play

•

C-COR recently launched a next-

generation video server for On-Demand

applications, branded n5

•

Session management offering which

manages other vendors’

video servers

•

Multiple SDV trials with customers

•

SDV enables operators to transparently

offer an extensive range of content with

lower bandwidth requirements

•

Leadership position in linear and targeted

AD insertion

C-COR Historical Leadership

25

Meeting the demands of an on demand world.

Broadcast Programming

with Local Ad Insertion

(DPI)

Control Interface

Video Transport Interface

Scheduled Programming

Live Feed

EdgeQAM

26

Meeting the demands of an on demand world.

Video On Demand

Control Interface

Video Transport Interface

EdgeQAM

C-COR

On

Demand

Global

Session

and

Resource

Manager

(nABLE)

27

Meeting the demands of an on demand world.

VOD Advertising

Control Interface

Video Transport Interface

C-COR On Demand

Advertising Manager

(nABLE)

EdgeQAM

C-COR

On

Demand

Global

Session

and

Resource

Manager

(nABLE)

28

Meeting the demands of an on demand world.

Network PVR

Control Interface

Video Transport Interface

Scheduled Programming

Live Feed

EdgeQAM

C-COR

On

Demand

Global

Session

and

Resource

Manager

(nABLE)

29

Meeting the demands of an on demand world.

Network PVR with

Local Ad Insertion

Control Interface

Video Transport Interface

Scheduled Programming

Live Feed

C-COR On Demand

Advertising Manager

(nABLE)

EdgeQAM

C-COR

On

Demand

Global

Session

and

Resource

Manager

(nABLE)

30

Meeting the demands of an on demand world.

Switched Digital Video

(Switched Multicast)

Control Interface

Video Transport Interface

Scheduled Programming

Live Feed

EdgeQAM

Set

-

top Box

C-COR On Demand

Global Session and

Resource Manager

(nABLE)

31

Meeting the demands of an on demand world.

Switched Digital Video

through the video server

(Switched Unicast)

Control Interface

Video Transport Interface

Scheduled Programming

Live Feed

EdgeQAM

C-COR On Demand

Global Session and

Resource Manager

(nABLE)

32

Meeting the demands of an on demand world.

Switched Digital Video with

Local Ad Insertion

Control Interface

Video Transport Interface

Scheduled Programming

Live Feed

EdgeQAM

C-COR Advertising

Manager

(SkyVision

)

C-COR On Demand

Global Session and

Resource Manager

(nABLE)

Splicer

Set

-

top Box

33

Meeting the demands of an on demand world.

Cable IPTV

Control Interface

Video Transport Interface

Scheduled Programming

Live Feed

C-COR PCMM

Policy Service Manager

M-CMTS

C-COR On Demand

Global Session and

Resource Manager

(nABLE)

IP STB

PC

34

Meeting the demands of an on demand world.

Management Solutions for the On Demand World

•

Deliver solutions that enhance customer revenues

and manage operating expenses

while providing

outstanding customer service

–

Enhance the top-line using VOD, Ad Insertion,

and Bandwidth On Demand

–

Improve the bottom line

by using Fulfillment,

Assurance, and Workforce

•

Simplify complex delivery and manage advanced

services with open architecture and interoperable

software solutions

•

Replace silos with comprehensive, scalable, and

reliable solutions that provide maximum visibility

into content, workforce, and infrastructure

36

Meeting the demands of an on demand world.

OSS Cost Saving Targets

Mobile Workforce Manager™

Save $6.48 per Subscriber

NSM

Save $2.86 per Subscriber

CableEdge

®

Save $2.40 per Subscriber

Policy Service Manager™

Save $12.41 per Subscriber

C-COR OSS = Subs

C-COR OSS =    Revenues

C-COR OSS =    Bandwidth

C-COR OSS =    Uptime

•

Increase Quota/Customer

satisfaction

•

Reduce Overtime/Customer Churn,

CSR calls, Work Order Routing,

Truck Rolls, Repeat Trouble Calls

•

Improved outage prevention,

detection and management

•

Automated CSR tools and

service level management

•

Faster, more accurate resolution of

customer problems

•

Superior assessment of CM / MTA

working accurately at installation

•

Add 33% more Subs on same

DOCSIS channel with Reverse QoS

•

Raise ARPU by adding new

Revenue Generating Services

37

Meeting the demands of an on demand world.

Network Services Supports and Leverages Rest of the

Business

Comprehensive Broadband Services Provider

BU

Support

Services

Bundled

Service

Solutions

Revenue

Generator

•

400+ employees •

•

250 vehicles •

•

Primarily project oriented implementation resources •

•

Domestic focus •

•

Effective at bundled construction •

38

Meeting the demands of an on demand world.

Network Services Offerings

Outside Plant

Services

•

Highly skilled

broadband technicians

–

one of largest in

broadband industry

Description

Services

•

System sweep

•

Plant hardening

•

Return path activation

•

Cable testing

•

Ingress mitigation

•

Cable repair

•

Node certification

•

System maintenance

•

Noise power ratio testing

•

Contract service calls

•

Fiber splicing

•

Project management/QA

•

Construction Services

•

Training

Network Design

and Engineering

Outsourced

Operational

Services and FSO

Network

Integration

•

Team of specialized

RF, data, and

telephony technicians

•

Support headend

products and

integrated systems

•

Short term / long term

operational support

•

Outsourcing services

of day-to-day field

operations functions of

telecommunications

network operators

•

“Braintrust”

of network

design experience

•

Team of highly-trained,

experienced and

established

professionals

•

Design

•

Certification

•

Installation

•

Documentation

•

Activation

•

Local training

•

CMTS and DWDM

installation

•

SONET installation

•

End-user installation

functions

•

Headend operations

functions

•

Service call functions

•

Operational data

collection and

dispersion

•

Preventative

maintenance

•

Local training

•

Construction

Management

•

Quality assurance

management

•

Walkout

•

Design and drafting

•

Strand digitizing

•

Data archiving

•

Project management

(on clients’

behalf)

•

Engineering

consultation

39

Income Statement Highlights ($M, Except EPS)

1

Adjustments

to

exclude

certain

items

not

reflected

in

First

Call

analyst estimates to improve comparability of reported results with non-GAAP First Call numbers:

1H-FY06

1H-FY07

Stock Comp Expense

$  0.05

$  0.04

Amortization of Intangibles

$  0.06

$  0.03

Restructuring Charges

$  0.04

$  0.02

Asset Impairment/Disposition

$  0.11

$  0.01

$  0.26

$  0.10

1H - FY06

1H - FY07

Net Sales

130.2

$    

149.7

$     

15%

Gross Margin

36.5

$      

57.5

$       

58%

28.0%

38.4%

S,G&A / R&D

55.9

$      

46.8

$       

16%

Net Income

(30.5)

$     

7.4

$         

EPS - Diluted

(0.64)

$     

0.15

$       

1

Adjustments to EPS

0.26

$      

0.10

$       

1

Adjusted (non-GAAP) EPS

(0.38)

$     

0.25

$       

40

25

0

Mar-05

Jun-05

Sep-05

Dec-05

Mar-06

Jun-06

Sep-06

Dec-06

Book to Bill

3.86

1.24

1.51

1.35

1.33

0.88

1.34

1.52

Backlog

27.2

30.1

35.5

41.8

45.4

46.6*

50.9

59.2

30

40

50

4.0

3.5

2.0

1.0

60

45

35

55

Solutions Backlog Growth

*Reporting change made in  June 2006 to include all firm orders on backlog; previous figures excluded backlog beyond 12 months

41

Solutions

   ($59.2)

  Access 

Products 

($34.5)   

Services

  ($23.6)

Financial Facts

Liquidity at 12/29/06

Cash & Equivalents

$ 64.3

Marketable Securities

$ 10.2

$ 74.5

1H –

FY07

Cash Generated by Operations

$ 13.4

EBITDA

$14.5

(Includes $2M of Stock Comp Expense)

Tax Position

Federal NOL’s

at 6/30/06

$ 121.1

Taxable Income (US) 1H –

FY07

$   11.7

Federal NOL’s

at 12/29/06

$ 109.4

1H –

FY07

Pre-Tax Income

$     9.1

Tax Expense

$     1.7

Tax Rate

19%

Convertible Debt

$35M in Convertible Notes

3.5% Coupon Rate

Convertible at $12.33 into 2.8M shares

Due 12/31/09

Callable 01/01/08

EPS Impact (Q2)

Shares

EPS

Basic

48,248

$ .12

Diluted

52,031

$ .12

Record Backlog at 12/29/06

Solutions:

Next 12 Months

$ 43.7

Beyond 12 Months

$ 15.5

$ 59.2

$117.3M

42

Meeting the demands of an on demand world.

C-COR Summary

•

Global leader building upon 50 years of experience

–

Proven ability to make strategic moves

–

Positioned for next 5+ years of IP service roll-out

–

Quality Broadband Access products that provide required

bandwidth for an all on-demand world.

–

Deliver On Demand and OSS solutions that enhance customer

revenues and improve the bottom line.

Meeting the demands of an on demand world.

43

Meeting the demands of an on demand world.

KDC

DOCSIS®

Management

On Demand

Solutions

Service

Assurance

Policy

Management

Workforce

Management

IP Transport

Global Services

Quality of Service

Provisioning

Workflow

PacketCable™

Provisioning

Digital Ad Insertion