Exhibit 99.2

C-COR Incorporated

Consolidated Statements of Operations - GAAP Basis

(unaudited, in thousands except per share amounts)

	Fiscal Year 2007															Fiscal Year 2006
	Reclassified September 29, 2006			Reclassified December 29, 2006			Reclassified March 30, 2007			Reclassified June 29, 2007			Reclassified Fiscal Year 2007			Reclassified September 23, 2005			Reclassified December 23, 2005			Reclassified March 24, 2006			Reclassified June 30, 2006			Reclassified Fiscal Year 2006			Reclassified Fiscal Year 2005
Net sales:
Products	$	46,037		$	51,916		$	56,260		$	57,240		$	211,453		$	40,783		$	36,404		$	35,765		$	45,039		$	157,991		$	173,225
Content and operations management systems		12,744			15,871			15,536			15,905			60,056			10,655			17,617			10,560			12,807			51,639			23,943
Services		1,585			1,731			1,224			1,280			5,820			856			678			1,059			1,723			4,316			2,159
Total net sales		60,366			69,518			73,020			74,425			277,329			52,294			54,699			47,384			59,569			213,946			199,327
Cost of sales:
Products		29,201			31,085			31,710			32,373			124,369			26,649			23,719			21,772			25,468			97,608			102,708
Content and operations management systems		4,618			5,908			6,564			6,738			23,828			4,485			9,444			6,105			6,187			26,221			12,594
Services		974			989			1,042			756			3,761			518			485			647			918			2,568			1,937
Excess and obsolete inventory change		—			—			—			—			—			6,114			1,622			618			244			8,598			—
Total cost of sales		34,793			37,982			39,316			39,867			151,958			37,766			35,270			29,142			32,817			134,995			117,239
Gross margin		25,573			31,536			33,704			34,558			125,371			14,528			19,429			18,242			26,752			78,951			82,088
Gross margin%		42.4	%		45.4	%		46.2	%		46.4	%		45.2	%		27.8	%		35.5	%		38.5	%		44.9	%		36.9	%		41.2	%
Operating expenses:
Selling and administrative		14,397			15,209			15,826			17,555			62,987			16,414			17,238			14,005			17,741			65,398			59,831
Research and product development		7,200			8,308			8,722			8,282			32,512			10,600			9,972			8,887			8,744			38,203			37,804
Amortization of other intangibles		829			829			829			799			3,286			1,516			1,278			912			885			4,591			5,697
Impairment charges		—			—			—			—			—			—			5,330			1,792			(112	)		7,010			—
Acquired in-process technology charge		—			—			—			—			—			—			—			—			—			—			5,850
Loss (gain) on sale of product lines		245			—			—			—			245			—			—			(1,970	)		18			(1,952	)		—
Restructuring costs		400			200			180			180			960			383			1,367			3,287			1,546			6,583			993
Total operating expenses		23,071			24,546			25,557			26,816			99,990			28,913			35,185			26,913			28,822			119,833			110,175
Income (loss) from operations		2,502			6,990			8,147			7,742			25,381			(14,385	)		(15,756	)		(8,671	)		(2,070	)		(40,882	)		(28,087	)
Interest expense		(360	)		(365	)		(359	)		(350	)		(1,434	)		(320	)		(329	)		(341	)		(360	)		(1,350	)		(680	)
Investment income		695			800			928			1,337			3,760			306			317			458			920			2,001			1,322
Foreign exchange gain (loss)		30			114			(270	)		(40	)		(166	)		(134	)		(113	)		465			30			248			235
Gain on sale of bankruptcy trade claims		—			—			—			—			—			—			—			—			9,715			9,715			—
Other income (expense), net		71			14			304			40			429			67			235			177			2,656			3,135			(282	)
Income (loss) before income taxes		2,938			7,553			8,750			8,729			27,970			(14,466	)		(15,646	)		(7,912	)		10,891			(27,133	)		(27,492	)
Income tax expense (benefit)		764			846			687			494			2,791			563			716			655			1,005			2,939			(1,059	)
Income (loss) from continuing operations		2,174			6,707			8,063			8,235			25,179			(15,029	)		(16,362	)		(8,567	)		9,886			(30,072	)		(26,433	)
Discontinued operations, net of tax
Income (loss) from discontinued operations		(591	)		(844	)		(702	)		511			(1,626	)		201			651			619			1,295			2,766			743
Gain on sale of discontinued operations		—			—			—			4,810			4,810			—			—			—			—			—			—
Net income (loss)	$	1,583		$	5,863		$	7,361		$	13,556		$	28,363		($	14,828	)	($	15,711	)	($	7,948	)	$	11,181		($	27,306	)	($	25,690	)
Net income (loss) per share - basic:
Continuing operations	$	0.04		$	0.14		$	0.16		$	0.16		$	0.52		$	(0.31	)	$	(0.34	)	$	(0.18	)	$	0.20		$	(0.63	)	$	(0.58	)
Discontinued operations		(0.01	)		(0.02	)		(0.01	)		0.11			0.06			0.00			0.01			0.01			0.03			0.06			0.01
Net income (loss)	$	0.03		$	0.12		$	0.15		$	0.27		$	0.58		$	(0.31	)	$	(0.33	)	$	(0.17	)	$	0.23		$	(0.57	)	$	(0.57	)
Net income (loss) per share - diluted:
Continuing operations		0.04			0.14			0.16			0.16			0.50			(0.31	)		(0.34	)		(0.18	)		0.20			(0.63	)		(0.58	)
Discontinued operations		(0.01	)		(0.02	)		(0.02	)		0.10			0.06			0.00			0.01			0.01			0.02			0.06			0.01
Net income (loss)	$	0.03		$	0.12		$	0.14		$	0.26		$	0.56		$	(0.31	)	$	(0.33	)	$	(0.17	)	$	0.22		$	(0.57	)	$	(0.57	)
Weighted average common shares and common share equivalents
Basic		48,048			48,248			49,080			49,670			48,762			47,804			47,867			47,896			47,999			47,891			45,325
Diluted		48,529			52,031			53,191			53,670			52,565			47,804			47,867			47,896			51,292			47,891			45,325

C-COR Incorporated

Continuing Operations - Presented on a Non-GAAP basis

(unaudited, in thousands except per share amounts)

	Fiscal Year 2007															Fiscal Year 2006
	September 29, 2006			December 29, 2006			March 30, 2007			June 29, 2007			Fiscal Year 2007			September 23, 2005			December 23, 2005			March 24, 2006			June 30, 2006			Fiscal Year 2006			Fiscal Year 2005
Net sales:
Products	$	46,037		$	51,916		$	56,260		$	57,240		$	211,453		$	40,783		$	36,404		$	35,765		$	45,039		$	157,991		$	173,225
Content and operations management systems		12,744			15,871			15,536			15,905			60,056			10,655			17,617			10,560			12,807			51,639			23,943
Services		1,585			1,731			1,224			1,280			5,820			856			678			1,059			1,723			4,316			2,159
Total net sales		60,366			69,518			73,020			74,425			277,329			52,294			54,699			47,384			59,569			213,946			199,327
Cost of sales:
Products		29,128			31,058			31,691			32,285			124,162			26,600			23,690			21,746			25,417			97,453			102,708
Content and operations management systems		4,591			5,890			6,534			6,693			23,708			4,456			9,436			6,085			6,152			26,129			12,594
Services		974			989			1,042			756			3,761			518			485			647			918			2,568			1,937
Excess and obsolete inventory change		—			—			—			—			—			—			—			—			—			—			—
Total cost of sales		34,693			37,937			39,267			39,734			151,631			31,574			33,611			28,478			32,487			126,150			117,239
Gross margin		25,673			31,581			33,753			34,691			125,698			20,720			21,088			18,906			27,082			87,796			82,088
Gross margin %		42.5	%		45.4	%		46.2	%		46.6	%		45.3	%		39.6	%		38.6	%		39.9	%		45.5	%		41.0	%		41.2	%
Operating expenses:
Selling and administrative		13,649			14,447			15,439			16,649			60,184			15,554			16,343			13,659			17,042			62,598			59,831
Research and product development		7,060			8,200			8,631			7,963			31,854			10,386			9,818			8,847			8,534			37,585			37,804
Total operating expenses		20,709			22,647			24,070			24,612			92,038			25,940			26,161			22,506			25,576			100,183			97,635
Income (loss) from operations		4,964			8,934			9,683			10,079			33,660			(5,220	)		(5,073	)		(3,600	)		1,506			(12,387	)		(15,547	)
Interest expense (benefit)		(360	)		(365	)		(359	)		(350	)		(1,434	)		(320	)		(329	)		(341	)		(360	)		(1,350	)		(680	)
Investment income		695			800			928			1,337			3,760			306			317			458			920			2,001			1,322
Foreign exchange gain (loss)		30			114			(270	)		(40	)		(166	)		(134	)		(113	)		465			30			248			235
Other income (expense), net		71			14			304			40			429			67			235			177			1,418			1,897			(282	)
Income (loss) before income taxes		5,400			9,497			10,286			11,066			36,249			(5,301	)		(4,963	)		(2,841	)		3,514			(9,591	)		(14,952	)
Income tax expense		764			846			687			494			2,791			563			716			655			1,005			2,939			(1,059	)
Income (loss) from continuing operations	$	4,636		$	8,651		$	9,599		$	10,572		$	33,458		$	(5,864	)	$	(5,679	)	$	(3,496	)	$	2,509		$	(12,530	)	$	(13,893	)
Income (loss) per share from continuing operations:
Basic	$	0.10		$	0.18		$	0.20		$	0.21		$	0.69		$	(0.12	)	$	(0.12	)	$	(0.07	)	$	0.05		$	(0.26	)	$	(0.31	)
Diluted	$	0.10		$	0.18		$	0.19		$	0.20		$	0.66		$	(0.12	)	$	(0.12	)	$	(0.07	)	$	0.05		$	(0.26	)	$	(0.31	)
Weighted average common shares and common share equivalents
Basic		48,048			48,248			49,080			49,670			48,762			47,804			47,867			47,896			47,999			47,891			45,325
Diluted		48,529			52,031			53,191			53,670			52,565			47,804			47,867			47,896			51,292			47,891			45,325

C-COR Incorporated

Continuing Operations - Presented on a Non-GAAP basis

(unaudited, in thousands except per share amounts)

	Q1-FY07
	Historical September 29, 2006			Discontinued Operations Reclass			Non-GAAP Adjustments			Notes		Non-GAAP September 29, 2006
Net sales:
Products	$	46,037		$	—							$	46,037
Content and operations management systems		12,744			—								12,744
Services		10,805			9,220								1,585
Total net sales		69,586			9,220								60,366
Cost of sales:
Products		29,201			—			73		(1	)		29,128
Content and operations management systems		4,618			—			27		(1	)		4,591
Services		9,912			8,938			—					974
Excess and obsolete inventory change		—			—			—		(2	)		—
Total cost of sales		43,731			8,938			100					34,693
Gross margin		25,855			282			(100	)				25,673
Gross margin %		37.2	%		3.1	%							42.5	%
Operating expenses:
Selling and administrative		15,251			854			748		(1	)		13,649
Research and product development		7,200			—			140		(1	)		7,060
Amortization of other intangibles		829			—			829		(3	)		—
Impairment charges		—			—					(4	)		—
Acquired in-process technology charge		—			—					(5	)		—
Loss (gain) on sale of product lines		245			—			245		(6	)		—
Restructuring costs		400			—			400		(7	)		—
Total operating expenses		23,925			854			2,362					20,709
Income (loss) from operations		1,930			(572	)		(2,462	)				4,964
Interest expense		(360	)		—								(360	)
Investment income		695			—								695
Foreign exchange gain (loss)		30			—								30
Gain on sale of bankruptcy trade claims		—			—					(8	)		—
Other income (expense), net		71			—					(9	)		71
Income (loss) before income taxes		2,366			(572	)		(2,462	)				5,400
Interest expense (benefit)		783			19								764
Income (loss) from continuing operations	$	1,583		$	(591	)	$	(2,462	)			$	4,636
Income (loss) per share from continuing operations:
Basic	$	0.03										$	0.10
Diluted	$	0.03										$	0.10
Weighted average common shares and common share equivalents
Basic		48,048											48,048
Diluted		48,529											48,529

Notes - Non GAAP adjustments:

(1) - Stock-based compensation

(2) - Excess and obsolete inventory charges

(3) - Amortization of intangibles

(4) - Impairment charges

(5) - Acquired in-process technology charge

(6) - Loss (gain) on sale of product lines

(7) - Restructuring costs

(8) - Gain on sale of bankruptcy trade claims

(9) - Gain on litigation judgment

C-COR Incorporated

Continuing Operations - Presented on a Non-GAAP basis

(unaudited, in thousands except per share amounts)

	Q2-FY07
	Historical December 29, 2006			Discontinued Operations Reclass			Non-GAAP Adjustments			Notes		Non-GAAP December 29, 2006
Net sales:
Products	$	51,916		$	—							$	51,916
Content and operations management systems		15,871			—								15,871
Services		12,347			10,616								1,731
Total net sales		80,134			10,616								69,518
Cost of sales:
Products		31,085			—			27		(1	)		31,058
Content and operations management systems		5,908			—			18		(1	)		5,890
Services		11,480			10,491			—					989
Excess and obsolete inventory change		—			—			—		(2	)		—
Total cost of sales		48,473			10,491			45					37,937
Gross margin		31,661			125			(45	)				31,581
Gross margin %		39.5	%		1.2	%							45.4	%
Operating expenses:
Selling and administrative		15,896			687			762		(1	)		14,447
Research and product development		8,308			—			108		(1	)		8,200
Amortization of other intangibles		829			—			829		(3	)		—
Impairment charges		—			—					(4	)		—
Acquired in-process technology charge		—			—					(5	)		—
Loss (gain) on sale of product lines		—			—					(6	)		—
Restructuring costs		461			261			200		(7	)		—
Total operating expenses		25,494			948			1,899					22,647
Income (loss) from operations		6,167			(823	)		(1,944	)				8,934
Interest expense		(365	)		—								(365	)
Investment income		800			—								800
Foreign exchange gain (loss)		114			—								114
Gain on sale of bankruptcy trade claims		—			—					(8	)		—
Other income (expense), net		14			—					(9	)		14
Income (loss) before income taxes		6,730			(823	)		(1,944	)				9,497
Interest expense (benefit)		867			21								846
Income (loss) from continuing operations	$	5,863		$	(844	)	$	(1,944	)			$	8,651
Income (loss) per share from continuing operations:
Basic	$	0.12										$	0.18
Diluted	$	0.12										$	0.18
Weighted average common shares and common share equivalents
Basic		48,248											48,248
Diluted		52,031											52,031

Notes - Non GAAP adjustments:

(1) - Stock-based compensation

(2) - Excess and obsolete inventory charges

(3) - Amortization of intangibles

(4) - Impairment charges

(5) - Acquired in-process technology charge

(6) - Loss (gain) on sale of product lines

(7) - Restructuring costs

(8) - Gain on sale of bankruptcy trade claims

(9) - Gain on litigation judgment

C-COR Incorporated

Continuing Operations - Presented on a Non-GAAP basis

(unaudited, in thousands except per share amounts)

	Q3-FY07
	Historical March 30, 2007			Discontinued Operations Reclass			Non-GAAP Adjustments			Notes		Non-GAAP March 30, 2007
Net sales:
Products	$	56,260		$	—							$	56,260
Content and operations management systems		15,536			—								15,536
Services		10,897			9,673								1,224
Total net sales		82,693			9,673								73,020
Cost of sales:
Products		31,710			—			19		(1	)		31,691
Content and operations management systems		6,564			—			30		(1	)		6,534
Services		10,009			8,967			—					1,042
Excess and obsolete inventory change		—			—			—		(2	)		—
Total cost of sales		48,283			8,967			49					39,267
Gross margin		34,410			706			(49	)				33,753
Gross margin %		41.6	%		7.3	%							46.2	%
Operating expenses:
Selling and administrative		16,523			697			387		(1	)		15,439
Research and product development		8,722			—			91		(1	)		8,631
Amortization of other intangibles		829			—			829		(3	)		—
Impairment charges		—			—					(4	)		—
Acquired in-process technology charge		—			—					(5	)		—
Loss (gain) on sale of product lines		—			—					(6	)		—
Restructuring costs		870			690			180		(7	)		—
Total operating expenses		26,944			1,387			1,487					24,070
Income (loss) from operations		7,466			(681	)		(1,536	)				9,683
Interest expense		(359	)		—								(359	)
Investment income		928			—								928
Foreign exchange gain (loss)		(270	)		—								(270	)
Gain on sale of bankruptcy trade claims		—			—					(8	)		—
Other income (expense), net		304			—					(9	)		304
Income (loss) before income taxes		8,069			(681	)		(1,536	)				10,286
Interest expense (benefit)		708			21								687
Income (loss) from continuing operations	$	7,361		$	(702	)	$	(1,536	)			$	9,599
Income (loss) per share from continuing operations:
Basic	$	0.15										$	0.20
Diluted	$	0.14										$	0.19
Weighted average common shares and common share equivalents
Basic		49,080											49,080
Diluted		53,191											53,191

Notes - Non GAAP adjustments:

(1) - Stock-based compensation

(2) - Excess and obsolete inventory charges

(3) - Amortization of intangibles

(4) - Impairment charges

(5) - Acquired in-process technology charge

(6) - Loss (gain) on sale of product lines

(7) - Restructuring costs

(8) - Gain on sale of bankruptcy trade claims

(9) - Gain on litigation judgment

C-COR Incorporated

Continuing Operations - Presented on a Non-GAAP basis

(unaudited, in thousands except per share amounts)

	Q4-FY07
	Historical June 29, 2007			Discontinued Operations Reclass			Non-GAAP Adjustments			Notes		Non-GAAP June 29, 2007
Net sales:
Products	$	57,240		$	—							$	57,240
Content and operations management systems		15,905			—								15,905
Services		13,154			11,874								1,280
Total net sales		86,299			11,874								74,425
Cost of sales:
Products		32,373			—			88		(1	)		32,285
Content and operations management systems		6,738			—			45		(1	)		6,693
Services		11,307			10,551			—					756
Excess and obsolete inventory change		—			—			—		(2	)		—
Total cost of sales		50,418			10,551			133					39,734
Gross margin		35,881			1,323			(133	)				34,691
Gross margin %		41.6	%		11.1	%							46.6	%
Operating expenses:
Selling and administrative		18,288			733			906		(1	)		16,649
Research and product development		8,282			—			319		(1	)		7,963
Amortization of other intangibles		799			—			799		(3	)		—
Impairment charges		—			—					(4	)		—
Acquired in-process technology charge		—			—					(5	)		—
Loss (gain) on sale of product lines		—			—					(6	)		—
Restructuring costs		271			91			180		(7	)		—
Total operating expenses		27,640			824			2,204					24,612
Income (loss) from operations		8,241			499			(2,337	)				10,079
Interest expense		(350	)		—								(350	)
Investment income		1,337			—								1,337
Foreign exchange gain (loss)		(41	)		(1	)							(40	)
Gain on sale of bankruptcy trade claims		—			—					(8	)		—
Other income (expense), net		4,884			4,844					(9	)		40
Income (loss) before income taxes		14,071			5,342			(2,337	)				11,066
Interest expense (benefit)		515			21			0					494
Income (loss) from continuing operations	$	13,556		$	5,321		$	(2,337	)			$	10,572
Income (loss) per share from continuing operations:
Basic	$	0.27										$	0.21
Diluted	$	0.26										$	0.20
Weighted average common shares and common share equivalents
Basic		49,670											49,670
Diluted		53,670											53,670

Notes - Non GAAP adjustments:

(1) - Stock-based compensation

(2) - Excess and obsolete inventory charges

(3) - Amortization of intangibles

(4) - Impairment charges

(5) - Acquired in-process technology charge

(6) - Loss (gain) on sale of product lines

(7) - Restructuring costs

(8) - Gain on sale of bankruptcy trade claims

(9) - Gain on litigation judgment

C-COR Incorporated

Continuing Operations - Presented on a Non-GAAP basis

(unaudited, in thousands except per share amounts)

	FY 2007
	Historical June 29, 2007			Discontinued Operations Reclass			Non-GAAP Adjustments			Notes		Non-GAAP June 29, 2007
Net sales:
Products	$	211,453		$	—		$	—				$	211,453
Content and operations management systems		60,056			—			—					60,056
Services		47,203			41,383			—					5,820
Total net sales		318,712			41,383			—					277,329
Cost of sales:
Products		124,369			—			207		(1	)		124,162
Content and operations management systems		23,828			—			120		(1	)		23,708
Services		42,708			38,947			—					3,761
Excess and obsolete inventory change		—			—			—		(2	)		—
Total cost of sales		190,905			38,947			327					151,631
Gross margin		127,807			2,436			(327	)				125,698
Gross margin %		40.1	%		5.9	%							45.3	%
Operating expenses:
Selling and administrative		65,958			2,971			2,803		(1	)		60,184
Research and product development		32,512			—			658		(1	)		31,854
Amortization of other intangibles		3,286			—			3,286		(3	)		—
Impairment charges		—			—			—		(4	)		—
Acquired in-process technology charge		—			—			—		(5	)		—
Loss (gain) on sale of product lines		245			—			245		(6	)		—
Restructuring costs		2,002			1,042			960		(7	)		—
Total operating expenses		104,003			4,013			7,952					92,038
Income (loss) from operations		23,804			(1,577	)		(8,279	)				33,660
Interest expense		(1,434	)		—			—					(1,434	)
Investment income		3,760			—			—					3,760
Foreign exchange gain (loss)		(167	)		(1	)		—					(166	)
Gain on sale of bankruptcy trade claims		—			—			—		(8	)		—
Other income (expense), net		5,273			4,844			—		(9	)		429
Income (loss) before income taxes		31,236			3,266			(8,279	)				36,249
Interest expense (benefit)		2,873			82			0					2,791
Income (loss) from continuing operations	$	28,363		$	3,184		$	(8,279	)			$	33,458
Income (loss) per share from continuing operations:
Basic	$	0.58										$	0.69
Diluted	$	0.56										$	0.66
Weighted average common shares and common share equivalents
Basic		48,762											48,762
Diluted		52,565											52,565

Notes - Non GAAP adjustments:

(1) - Stock-based compensation

(2) - Excess and obsolete inventory charges

(3) - Amortization of intangibles

(4) - Impairment charges

(5) - Acquired in-process technology charge

(6) - Loss (gain) on sale of product lines

(7) - Restructuring costs

(8) - Gain on sale of bankruptcy trade claims

(9) - Gain on litigation judgment

C-COR Incorporated

Continuing Operations - Presented on a Non-GAAP basis

(unaudited, in thousands except per share amounts)

	Q1-FY06
	Historical September 23, 2005			Discontinued Operations Reclass			Non-GAAP Adjustments			Notes		Non-GAAP September 23, 2005
Net sales:
Products	$	40,783		$	—							$	40,783
Content and operations management systems		10,655			—								10,655
Services		12,056			11,200								856
Total net sales		63,494			11,200								52,294
Cost of sales:
Products		26,649			—			49		(1	)		26,600
Content and operations management systems		4,485			—			29		(1	)		4,456
Services		10,731			10,213								518
Excess and obsolete inventory change		6,114			—			6,114		(2	)		—
Total cost of sales		47,979			10,213			6,192					31,574
Gross margin		15,515			987			(6,192	)				20,720
Gross margin %		24.4	%		8.8	%							39.6	%
Operating expenses:
Selling and administrative		17,183			769			860		(1	)		15,554
Research and product development		10,600			—			214		(1	)		10,386
Amortization of other intangibles		1,516			—			1,516		(3	)		—
Impairment charges		—			—					(4	)		—
Acquired in-process technology charge		—			—					(5	)		—
Loss (gain) on sale of product lines		—			—					(6	)		—
Restructuring costs		383			—			383		(7	)		—
Total operating expenses		29,682			769			2,973					25,940
Income (loss) from operations		(14,167	)		218			(9,165	)				(5,220	)
Interest expense		(320	)		—								(320	)
Investment income		306			—								306
Foreign exchange gain (loss)		(134	)		—								(134	)
Gain on sale of bankruptcy trade claims		—			—					(8	)		—
Other income (expense), net		67			—					(9	)		67
Income (loss) before income taxes		(14,248	)		218			(9,165	)				(5,301	)
Interest expense (benefit)		580			17								563
Income (loss) from continuing operations	$	(14,828	)	$	201		$	(9,165	)			$	(5,864	)
Income (loss) per share from continuing operations:
Basic	$	(0.31	)									$	(0.12	)
Diluted	$	(0.31	)									$	(0.12	)
Weighted average common shares and common share equivalents
Basic		47,804											47,804
Diluted		47,804											47,804

Notes - Non GAAP adjustments:

(1) - Stock-based compensation

(2) - Excess and obsolete inventory charges

(3) - Amortization of intangibles

(4) - Impairment charges

(5) - Acquired in-process technology charge

(6) - Loss (gain) on sale of product lines

(7) - Restructuring costs

(8) - Gain on sale of bankruptcy trade claims

(9) - Gain on litigation judgment

C-COR Incorporated

Continuing Operations - Presented on a Non-GAAP basis

(unaudited, in thousands except per share amounts)

	Q2-FY06
	Historical December 23, 2005			Discontinued Operations Reclass			Non-GAAP Adjustments			Notes		Non-GAAP December 23, 2005
Net sales:
Products	$	36,404			—							$	36,404
Content and operations management systems		17,617			—								17,617
Services		12,647			11,969								678
Total net sales		66,668			11,969								54,699
Cost of sales:
Products		23,719			—			29		(1	)		23,690
Content and operations management systems		9,444			—			8		(1	)		9,436
Services		10,859			10,374								485
Excess and obsolete inventory change		1,622			—			1,622		(2	)		—
Total cost of sales		45,644			10,374			1,659					33,611
Gross margin		21,024			1,595			(1,659	)				21,088
Gross margin %		31.5	%		13.3	%							38.6	%
Operating expenses:
Selling and administrative		18,160			922			895		(1	)		16,343
Research and product development		9,972			—			154		(1	)		9,818
Amortization of other intangibles		1,278			—			1,278		(3	)		—
Impairment charges		5,330			—			5,330		(4	)		—
Acquired in-process technology charge		—			—					(5	)		—
Loss (gain) on sale of product lines		—			—					(6	)		—
Restructuring costs		1,367			—			1,367		(7	)		—
Total operating expenses		36,107			922			9,024					26,161
Income (loss) from operations		(15,083	)		673			(10,683	)				(5,073	)
Interest expense		(329	)		—								(329	)
Investment income		317			—								317
Foreign exchange gain (loss)		(113	)		—								(113	)
Gain on sale of bankruptcy trade claims		—			—					(8	)		—
Other income (expense), net		235			—					(9	)		235
Income (loss) before income taxes		(14,973	)		673			(10,683	)				(4,963	)
Interest expense (benefit)		738			22								716
Income (loss) from continuing operations	$	(15,711	)	$	651		$	(10,683	)			$	(5,679	)
Income (loss) per share from continuing operations:
Basic	$	(0.33	)									$	(0.12	)
Diluted	$	(0.33	)									$	(0.12	)
Weighted average common shares and common share equivalents
Basic		47,867											47,867
Diluted		47,867											47,867

Notes - Non GAAP adjustments:

(1) - Stock-based compensation

(2) - Excess and obsolete inventory charges

(3) - Amortization of intangibles

(4) - Impairment charges

(5) - Acquired in-process technology charge

(6) - Loss (gain) on sale of product lines

(7) - Restructuring costs

(8) - Gain on sale of bankruptcy trade claims

(9) - Gain on litigation judgment

C-COR Incorporated

Continuing Operations - Presented on a Non-GAAP basis

(unaudited, in thousands except per share amounts)

	Q3-FY06
	Historical March 24, 2006			Discontinued Operations Reclass			Non-GAAP Adjustments			Notes		Non-GAAP March 24, 2006
Net sales:
Products	$	35,765		$	—							$	35,765
Content and operations management systems		10,560			—								10,560
Services		14,057			12,998								1,059
Total net sales		60,382			12,998								47,384
Cost of sales:
Products		21,772			—			26		(1	)		21,746
Content and operations management systems		6,105			—			20		(1	)		6,085
Services		12,141			11,494								647
Excess and obsolete inventory change		618			—			618		(2	)		—
Total cost of sales		40,636			11,494			664					28,478
Gross margin		19,746			1,504			(664	)				18,906
Gross margin %		32.7	%		11.6	%							39.9	%
Operating expenses:
Selling and administrative		14,869			864			346		(1	)		13,659
Research and product development		8,887			—			40		(1	)		8,847
Amortization of other intangibles		912			—			912		(3	)		—
Impairment charges		1,792			—			1,792		(4	)		—
Acquired in-process technology charge		—			—					(5	)		—
Loss (gain) on sale of product lines		(1,970	)		—			(1,970	)	(6	)		—
Restructuring costs		3,287			—			3,287		(7	)		—
Total operating expenses		27,777			864			4,407					22,506
Income (loss) from operations		(8,031	)		640			(5,071	)				(3,600	)
Interest expense		(341	)		—								(341	)
Investment income		458			—								458
Foreign exchange gain (loss)		465			—								465
Gain on sale of bankruptcy trade claims		—			—					(8	)		—
Other income (expense), net		177			—					(9	)		177
Income (loss) before income taxes		(7,272	)		640			(5,071	)				(2,841	)
Interest expense (benefit)		676			21								655
Income (loss) from continuing operations	$	(7,948	)	$	619		$	(5,071	)			$	(3,496	)
Income (loss) per share from continuing operations:
Basic	$	(0.17	)									$	(0.07	)
Diluted	$	(0.17	)									$	(0.07	)
Weighted average common shares and common share equivalents
Basic		47,896											47,896
Diluted		47,896											47,896

Notes - Non GAAP adjustments:

(1) - Stock-based compensation

(2) - Excess and obsolete inventory charges

(3) - Amortization of intangibles

(4) - Impairment charges

(5) - Acquired in-process technology charge

(6) - Loss (gain) on sale of product lines

(7) - Restructuring costs

(8) - Gain on sale of bankruptcy trade claims

(9) - Gain on litigation judgment

C-COR Incorporated

Continuing Operations - Presented on a Non-GAAP basis

(unaudited, in thousands except per share amounts)

	Q4-FY06
	Historical June 30, 2006			Discontinued Operations Reclass			Non-GAAP Adjustments			Notes		Non-GAAP June 30, 2006
Net sales:
Products	$	45,039		$	—							$	45,039
Content and operations management systems		12,807			—								12,807
Services		14,136			12,413								1,723
Total net sales		71,982			12,413								59,569
Cost of sales:
Products		25,468			—			51		(1	)		25,417
Content and operations management systems		6,187			—			35		(1	)		6,152
Services		12,630			11,712								918
Excess and obsolete inventory change		244			—			244		(2	)		—
Total cost of sales		44,529			11,712			330					32,487
Gross margin		27,453			701			(330	)				27,082
Gross margin %		38.1	%		5.6	%							45.5	%
Operating expenses:
Selling and administrative		18,737			996			699		(1	)		17,042
Research and product development		8,744			—			210		(1	)		8,534
Amortization of other intangibles		885			—			885		(3	)		—
Impairment charges		(112	)		—			(112	)	(4	)		—
Acquired in-process technology charge		—			—					(5	)		—
Loss (gain) on sale of product lines		18			—			18		(6	)		—
Restructuring costs		1,572			26			1,546		(7	)		—
Total operating expenses		29,844			1,022			3,246					25,576
Income (loss) from operations		(2,391	)		(321	)		(3,576	)				1,506
Interest expense		(360	)		—								(360	)
Investment income		920			—								920
Foreign exchange gain (loss)		30			—								30
Gain on sale of bankruptcy trade claims		11,352			1,637			9,715		(8	)		—
Other income (expense), net		2,656			—			1,238		(9	)		1,418
Income (loss) before income taxes		12,207			1,316			7,377					3,514
Interest expense (benefit)		1,026			21								1,005
Income (loss) from continuing operations	$	11,181		$	1,295		$	7,377				$	2,509
Income (loss) per share from continuing operations:
Basic	$	0.23										$	0.05
Diluted	$	0.22										$	0.05
Weighted average common shares and common share equivalents
Basic		47,999											47,999
Diluted		51,292											51,292

Notes - Non GAAP adjustments:

(1) - Stock-based compensation

(2) - Excess and obsolete inventory charges

(3) - Amortization of intangibles

(4) - Impairment charges

(5) - Acquired in-process technology charge

(6) - Loss (gain) on sale of product lines

(7) - Restructuring costs

(8) - Gain on sale of bankruptcy trade claims

(9) - Gain on litigation judgment

C-COR Incorporated

Continuing Operations - Presented on a Non-GAAP basis

(unaudited, in thousands except per share amounts)

	FY 2006
	Historical June 30, 2006			Discontinued Operations Reclass			Non-GAAP Adjustments			Notes		Non-GAAP June 30, 2006
Net sales:
Products	$	157,991		$	—							$	157,991
Content and operations management systems		51,639			—								51,639
Services		52,896			48,580								4,316
Total net sales		262,526			48,580								213,946
Cost of sales:
Products		97,608			—			155		(1	)		97,453
Content and operations management systems		26,221			—			92		(1	)		26,129
Services		46,361			43,793			—					2,568
Excess and obsolete inventory change		8,598			—			8,598		(2	)		—
Total cost of sales		178,788			43,793			8,845					126,150
Gross margin		83,738			4,787			(8,845	)				87,796
Gross margin %		31.9	%		9.9	%							41.0	%
Operating expenses:
Selling and administrative		68,949			3,551			2,800		(1	)		62,598
Research and product development		38,203			—			618		(1	)		37,585
Amortization of other intangibles		4,591			—			4,591		(3	)		—
Impairment charges		7,010			—			7,010		(4	)		—
Acquired in-process technology charge		—			—			—		(5	)		—
Loss (gain) on sale of product lines		(1,952	)		—			(1,952	)	(6	)		—
Restructuring costs		6,609			26			6,583		(7	)		—
Total operating expenses		123,410			3,577			19,650					100,183
Income (loss) from operations		(39,672	)		1,210			(28,495	)				(12,387	)
Interest expense		(1,350	)		—			—					(1,350	)
Investment income		2,001			—			—					2,001
Foreign exchange gain (loss)		248			—			—					248
Gain on sale of bankruptcy trade claims		11,352			1,637			9,715		(8	)		—
Other income (expense), net		3,135			—			1,238		(9	)		1,897
Income (loss) before income taxes		(24,286	)		2,847			(17,542	)				(9,591	)
Interest expense (benefit)		3,020			81			—					2,939
Income (loss) from continuing operations	$	(27,306	)	$	2,766		$	(17,542	)			$	(12,530	)
Income (loss) per share from continuing operations:
Basic	$	(0.57	)									$	(0.26	)
Diluted	$	(0.57	)									$	(0.26	)
Weighted average common shares and common share equivalents
Basic		47,891											47,891
Diluted		47,891											47,891

Notes - Non GAAP adjustments:

(1) - Stock-based compensation

(2) - Excess and obsolete inventory charges

(3) - Amortization of intangibles

(4) - Impairment charges

(5) - Acquired in-process technology charge

(6) - Loss (gain) on sale of product lines

(7) - Restructuring costs

(8) - Gain on sale of bankruptcy trade claims

(9) - Gain on litigation judgment

C-COR Incorporated

Continuing Operations - Presented on a Non-GAAP basis

(unaudited, in thousands except per share amounts)

	FY 2005
	Historical June 24, 2005			Discontinued Operations Reclass			Non-GAAP Adjustments			Notes		Non-GAAP June 24, 2005
Net sales:
Products	$	173,225		$	—							$	173,225
Content and operations management systems		23,943			—								23,943
Services		40,092			37,933								2,159
Total net sales		237,260			37,933								199,327
Cost of sales:
Products		102,708			—			—		(1	)		102,708
Content and operations management systems		12,594			—			—		(1	)		12,594
Services		36,463			34,526			—					1,937
Excess and obsolete inventory change		—			—			—		(2	)		—
Total cost of sales		151,765			34,526			—					117,239
Gross margin		85,495			3,407			0					82,088
Gross margin %		36.0	%		9.0	%							41.2	%
Operating expenses:
Selling and administrative		62,292			2,461			—		(1	)		59,831
Research and product development		37,804			—			—		(1	)		37,804
Amortization of other intangibles		5,697			—			5,697		(3	)		—
Impairment charges		—			—			—		(4	)		—
Acquired in-process technology charge		5,850			—			5,850		(5	)		—
Loss (gain) on sale of product lines		—			—			—		(6	)		—
Restructuring costs		993			—			993		(7	)		—
Total operating expenses		112,636			2,461			12,540					97,635
Income (loss) from operations		(27,141	)		946			(12,540	)				(15,547	)
Interest expense		(680	)		—			—					(680	)
Investment income		1,322			—			—					1,322
Foreign exchange gain (loss)		235			—			—					235
Gain on sale of bankruptcy trade claims		—			—			—		(8	)		—
Other income (expense), net		(282	)		—			—		(9	)		(282	)
Income (loss) before income taxes		(26,546	)		946			(12,540	)				(14,952	)
Interest expense (benefit)		(856	)		203			—					(1,059	)
Income (loss) from continuing operations	$	(25,690	)	$	743		$	(12,540	)			$	(13,893	)
Income (loss) per share from continuing operations:
Basic	$	(0.57	)									$	(0.31	)
Diluted	$	(0.57	)									$	(0.31	)
Weighted average common shares and common share equivalents
Basic		45,325											45,325
Diluted		45,325											45,325

Notes - Non GAAP adjustments:

(1) - Stock-based compensation

(2) - Excess and obsolete inventory charges

(3) - Amortization of intangibles

(4) - Impairment charges

(5) - Acquired in-process technology charge

(6) - Loss (gain) on sale of product lines

(7) - Restructuring costs

(8) - Gain on sale of bankruptcy trade claims

(9) - Gain on litigation judgment