Exhibit 99.1

August 23, 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 FOURTH QUARTER

AND FISCAL YEAR 2007

State College, PA (August 23, 2007)—C-COR Incorporated (NASDAQ: CCBL) today reported its financial results for the fourth quarter and fiscal year 2007, ended June 29, 2007.

As previously reported, C-COR completed the sale of its Outside Plant and Installation Services business during the fourth quarter of fiscal year 2007, and will begin reporting the results of operations and the sale of this business as a discontinued operation. This change affects C-COR’s previously reported financial results as well as the current quarter results, all of which will now be reported in two components, continuing operations and discontinued operations. C-COR is providing an unaudited breakout of its fiscal year 2006 and 2007 quarterly results from continuing operations on its website for analysis purposes:

(http://www.c-cor.com/about/ir/financial/reclassified_financial_data/)

Please note that not all of the analysts’ reports comprising the First Call historical results for fiscal years 2006 and 2007 have been updated to reflect results from continuing operations. As a result, C-COR’s reported financial results – particularly with respect to net sales – are not comparable to the First Call consensus numbers for the full fiscal year 2007.

Net sales from continuing operations for the fourth quarter were $74.4 million compared to $59.6 million in the same period last year and $73 million last quarter. Bookings in the fourth quarter of fiscal year 2007 were $68.6 million for a book-to-bill ratio of .92. Net sales from continuing operations for the entire fiscal year 2007 were $277.3 million compared to $213.9

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C-COR REPORTS FINANCIAL RESULTS FOR FOURTH QUARTER

AND FISCAL YEAR 2007 - ADD 1

million in fiscal year 2006. Bookings for the entire fiscal year 2007 were $292.2 million for a book-to-bill ratio of 1.05. The financial results for the fourth quarter and fiscal year 2006 included one additional week of operations compared to the fiscal year 2007 periods.

Income from continuing operations for the fourth quarter of fiscal year 2007 was $8.2 million, compared to $9.9 million for the same period last year. Included in income from continuing operations for the fourth quarter of fiscal year 2006 were a $9.7 million gain on the sale of trade claims in the bankruptcy cases of Adelphia and its affiliates and a $1.2 million gain on a litigation judgment. Income per share from continuing operations on a diluted basis for the fourth quarter of fiscal year 2007 was $.16 compared to $.20 for the same period last year. C-COR’s results from continuing operations for the fourth quarter of fiscal year 2007 included $1.4 million of stock compensation expense, $799,000 of amortization related to intangible assets, and $180,000 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 from continuing operations for the first quarter of fiscal year 2008, ending September 28, 2007, will be between $70.0 and $74.0 million with earnings per share from continuing operations of between $.08 and $.12. These forecasts include approximately $650,000 of amortization related to intangible assets, $2.7 million of stock compensation expense, and $200,000 of restructuring charges. These items, which are projected to equate to $.07 per diluted share, are typically excluded from the First Call analysts’

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C-COR REPORTS FINANCIAL RESULTS FOR FOURTH QUARTER

AND FISCAL YEAR 2007 - ADD 2

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, August 23, 2007. To participate in the August 23rd call, dial 800-926-4402. International callers should use +1 212-231-2900. The live audio of the conference call will also be available via the Internet at C-COR’s web site (www.c-cor.com). For information on how to access the live audio and replay of the conference call, refer to C-COR’s news release dated April 4, 2007 (posted on the C-COR web site), 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. The largest cable operators and other private and public network operators around the world look to C-COR for broadband access equipment to expand bandwidth, unified video platforms for delivery of on demand content, and integrated back-office OSS for a 360 degree view of the network, subscribers and workforce. 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 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.

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C-COR REPORTS FINANCIAL RESULTS FOR FOURTH QUARTER

AND FISCAL YEAR 2007 - ADD 3

C-COR Incorporated

Condensed Consolidated Statements of Operations

(unaudited, in thousands except per share amounts)

	Thirteen Weeks Ended June 29, 2007			Fourteen Weeks Ended June 30, 2006			Fifty-two Weeks Ended June 29, 2007			Fifty-three Weeks Ended June 30, 2006
Net sales	$	74,425		$	59,569		$	277,329		$	213,946
Cost of sales (1)		39,867			32,573			151,958			126,397
Excess and obsolete inventory charge		0			244			0			8,598
Total cost of sales		39,867			32,817			151,958			134,995
Gross margin		34,558			26,752			125,371			78,951
Operating expenses (1)
Selling and administrative		17,555			17,741			62,987			65,398
Research and product development		8,282			8,744			32,512			38,203
Amortization of other intangibles		799			885			3,286			4,591
Impairment charges (recovery)		0			(112	)		0			7,010
Loss (gain) on sale of product lines		0			18			245			(1,952	)
Restructuring costs		180			1,546			960			6,583
Total operating expenses		26,816			28,822			99,990			119,833
Income (loss) from operations		7,742			(2,070	)		25,381			(40,882	)
Interest expense		(350	)		(360	)		(1,434	)		(1,350	)
Investment income		1,337			920			3,760			2,001
Foreign exchange gain (loss)		(40	)		30			(166	)		248
Gain on sale of bankruptcy trade claims		0			9,715			0			9,715
Other income, net		40			2,656			429			3,135
Income (loss) before income taxes		8,729			10,891			27,970			(27,133	)
Income tax expense		494			1,005			2,791			2,939
Income (loss) from continuing operations		8,235			9,886			25,179			(30,072	)
Discontinued operations, net of tax
Income (loss) from discontinued operations		511			1,295			(1,626	)		2,766
Gain on sale of discontinued operations		4,810			0			4,810			0
Net income (loss)	$	13,556		$	11,181		$	28,363		$	(27,306	)
Net income (loss) per share: basic
Continuing operations	$	0.16		$	0.20		$	0.52		$	(0.63	)
Discontinued operations		0.11			0.03			0.06			0.06
Net income (loss)	$	0.27		$	0.23		$	0.58		$	(0.57	)
Net income (loss) per share: diluted
Continuing operations	$	0.16		$	0.20		$	0.50		$	(0.63	)
Discontinued operations		0.10			0.02			0.06			0.06
Net income (loss)	$	0.26		$	0.22		$	0.56		$	(0.57	)
Weighted average common shares and common share equivalents
Basic		49,670			47,999			48,762			47,891
Diluted		53,670			51,292			52,565			47,891
(1) Stock-based compensation is included as follows:
Cost of sales	$	132		$	87		$	327		$	249
Selling and administrative		906			699			2,803			2,800
Research and product development		319			210			658			618
Total stock-based compensation	$	1,357		$	996		$	3,788		$	3,667

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C-COR REPORTS FINANCIAL RESULTS FOR FOURTH QUARTER

AND FISCAL YEAR 2007 - ADD 4

C-COR Incorporated

Consolidated Balance Sheets

(in thousands of dollars)

	June 29, 2007		March 30, 2007		June 30, 2006
	(unaudited)		(unaudited)
ASSETS
Current assets
Cash and cash equivalents	$	54,856	$	44,447	$	44,658
Restricted cash		2,620		3,594		1,409
Marketable securities		53,453		47,108		16,270
Accounts receivable, net		63,375		58,014		49,188
Unbilled receivables		2,268		2,908		3,308
Inventories		28,150		36,009		25,437
Deferred costs		8,476		7,848		4,555
Assets held for sale		0		0		303
Other current assets		4,270		3,185		4,239
Total current assets		217,468		203,113		149,367
Property, plant and equipment, net		19,217		20,359		20,074
Goodwill		129,518		131,034		131,209
Other intangible assets, net		1,849		2,648		5,135
Deferred taxes		222		424		497
Other long-term assets		7,754		5,675		6,847
Total	$	376,028	$	363,253	$	313,129
LIABILITIES AND SHAREHOLDERS’ EQUITY
Current liabilities
Accounts payable	$	20,698	$	27,820	$	25,796
Accrued liabilities		31,371		32,490		26,423
Deferred revenue		32,534		29,984		19,674
Deferred taxes		1,317		1,317		374
Liabilities held for sale		0		0		415
Current portion of long-term debt		384		378		299
Total current liabilities		86,304		91,989		72,981
Long-term debt, less current portion		35,968		36,064		35,966
Deferred revenue		3,892		4,472		2,705
Deferred taxes		3,067		3,078		2,986
Other long-term liabilities		5,615		4,861		3,624
Shareholders’ equity		241,182		222,789		194,867
Total	$	376,028	$	363,253	$	313,129

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C-COR REPORTS FINANCIAL RESULTS FOR FOURTH QUARTER

AND FISCAL YEAR 2007 - ADD 5

C-COR Incorporated

Financial Data Table

(Unaudited, in thousands except percentages)

	Business Segment
Business Segment:	Broadband Systems Solutions						Total			Network Services			Consolidated
Product Category:	Access			Solutions						Services
Thirteen Weeks ended June 29, 2007:
Bookings (1)	$	52,880		$	15,552		$	68,432		$	190		$	68,622
Net sales		57,240			15,905			73,145			1,280			74,425
Gross margin		24,867			9,167			34,034			524			34,558
Gross margin percentage		43.4	%		57.6	%		46.5	%		40.9	%		46.4	%
Backlog at June 29, 2007 (1):
Less than 12 months		30,188			43,003			73,191			779			73,970
Greater than 12 months		0			18,337			18,337			0			18,337
Total Backlog		30,188			61,340			91,528			779			92,307
Fourteen Weeks ended June 30, 2006:
Bookings (1)	$	46,045		$	11,326		$	57,371		$	3,465		$	60,836
Net sales		45,039			12,807			57,846			1,723			59,569
Gross margin		19,327			6,620			25,947			805			26,752
Gross margin percentage		42.9	%		51.7	%		44.9	%		46.7	%		44.9	%
Backlog at June 30, 2006 (1):
Less than 12 months		27,668			36,234			63,902			3,195			67,097
Greater than 12 months		0			10,383			10,383			0			10,383
Total Backlog		27,668			46,617			74,285			3,195			77,480
Fifty-two Weeks ended June 29, 2007:
Bookings (1)	$	213,973		$	74,779		$	288,752		$	3,404		$	292,156
Net sales		211,453			60,056			271,509			5,820			277,329
Gross margin		87,084			36,228			123,312			2,059			125,371
Gross margin percentage		41.2	%		60.3	%		45.4	%		35.4	%		45.2	%
Backlog at June 29, 2007 (1)
Less than 12 months		30,188			43,003			73,191			779			73,970
Greater than 12 months		0			18,337			18,337			0			18,337
Total Backlog		30,188			61,340			91,528			779			92,307
Fifty-three weeks ended June 30, 2006:
Bookings (1)	$	159,963		$	65,455		$	225,418		$	6,990		$	232,408
Net sales		157,991			51,639			209,630			4,316			213,946
Gross margin		51,785			25,418			77,203			1,748			78,951
Gross margin percentage		32.8	%		49.2	%		36.8	%		40.5	%		36.9	%
Backlog at June 30, 2006 (1)
Less than 12 months		27,668			36,234			63,902			3,195			67,097
Greater than 12 months		0			10,383			10,383			0			10,383
Total Backlog		27,668			46,617			74,285			3,195			77,480

(1) Amounts derived from our internal operating records.

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