EX-99.1 2 dex991.htm PRESENTATION OF C-COR INCORPORATION Presentation of C-COR Incorporation
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