InvestorsJanuary 26, 2005
Charter Chooses C-COR for on Demand Upgrade in St. Louis; C-COR Solution to Power On Demand in Charter's Headquarters Market
C-COR Solution to Power On Demand in Charter's Headquarters Market
The upgrade of St. Louis marks the first on demand deployment under the C-COR banner since C-COR's recent purchase of nCUBE Corporation, resulting in C-COR becoming the leading on demand provider for Charter, powering 17 of the MSO's on demand markets.
"We know the success of our Charter OnDemand(TM) offering requires the marriage of scalable hardware, interoperable software, and professional services expertise with a flexibility that allows us to integrate with exciting new platforms," said Wayne Davis, Charter's Executive Vice President of Engineering and Chief Technical Officer. "We are very pleased to work with the new combined resources of two trusted vendors, C-COR and nCUBE. We share their vision for delivering new cost-effective services that improve people's ability to work, communicate, and be entertained using interoperable, IP-based offerings that put our consumers in control."
Charter OnDemand, the MSO's video-on-demand service, is available to Charter Digital(TM) cable customers in select markets, providing a library of content with full VCR-like functionality, including pause, fast-forward, and rewind controls. Charter already delivers OnDemand with C-COR in Ft. Worth, Texas; Birmingham, Alabama; Alhambra/Pasadena, Glendale, Hesperia/Victorville, and Riverside, California; Newtown, Connecticut; Worcester, Massachusetts; Charleston, West Virginia; Jackson, Manchester, and the Tri Cities area (Kingsport, Bristol, Johnson City), Tennessee; Kennewick/Yakima, Washington; and the nation's first all-digital market in Long Beach, California.
"We have enjoyed a long relationship with Charter in exploring innovative new approaches for delivering the best consumer entertainment offerings possible," said Michael Pohl, President of C-COR Solutions, one of the Company's three business units. "We're pleased to support Charter OnDemand services in their own headquarters location. This deployment is further proof of the value in having an interoperable, reliable on demand solution that is capable of adapting to the individual operator's needs and evolving market dynamics."
C-COR Solutions provides complete OSS (Operations Support System) management solutions. With the completion of its acquisition of nCUBE in December 2004, C-COR added to its OSS offering both on demand delivery and digital advertising systems that enable broadband network operators to transition to an IP packet-based network. The combined resources of C-COR and nCUBE bring to market a more efficient capability for operators to manage their businesses with a suite of interoperable back office automation tools for network, content, subscriber, and workforce management.
About Charter Communications
Charter Communications, Inc., a broadband communications company, provides a full range of advanced broadband services to the home, including cable television on an advanced digital video-programming platform via Charter Digital(TM) and Charter High-Speed(TM) Internet service. Charter also provides business-to-business video, data and Internet protocol (IP) solutions through Charter Business(TM). Advertising sales and production services are sold under the Charter Media® brand. More information about Charter can be found at www.charter.com.
C-COR offers world-class, market-focused business solutions for cable operators, telephone companies, broadcasters, and other private and public sector entities. C-COR's solutions simplify the transition to Internet Protocol (IP) demand-oriented networks by delivering interoperable, modular products in sync with IP network upgrade cycles. The Company's products and services include a suite of software applications that automate the management of content, network, subscribers, and workforce, with more than 200 deployments worldwide; next-generation optical transport products; on demand video systems with implementations in more than 20 countries; and a range of network assurance and technical services that allows operators to design and keep their networks operating at peak performance. Leading network operators through the transition to the on demand IP era, C-COR leverages its dedicated global workforce to deliver solutions for lowering risk, improving profit margins, and effectively managing change. C-COR was recently named in CED Magazine's "Broadband 50 Companies to Watch." C-COR's common stock is listed on the Nasdaq National Market (Symbol: CCBL) and is a component of the Russell 2000 Stock Index. For additional information regarding C-COR, visit www.c-cor.net.
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, and the
Company's ability to complete and integrate acquisitions and achieve
its strategic objectives. For additional information concerning these
and other important factors that may cause the Company's actual
results to differ materially from expectations and underlying
assumptions, please refer to the reports filed by the Company with the
Securities and Exchange Commission.
C-COR Investor Relations Sally O. Thiel, 814-231-4402 email: email@example.com or C-COR Media Relations Jo Ann Lehtihet, 814-231-4438 email: firstname.lastname@example.org