Packeteer Announces Product Development and Sales Agreement With Comdisco to Deliver Application Performance Management

Business Wire, Oct 10, 2000

Business Editors/High-tech Writers

CUPERTINO, Calif.--(BUSINESS WIRE)--Oct. 10, 2000

Packeteer Distribution Network and Comdisco Network Services Expanded

Packeteer(R), Inc. (Nasdaq:PKTR), a leading provider of Internet application infrastructure systems, and Comdisco (NYSE:CDO), a global technology services company, today announced an agreement that will improve delivery of mission critical applications across wide area networks (WANs) worldwide.

Under the terms of the agreement, Comdisco will integrate Packeteer's PacketShaper(R) product line into its new Lifecycle Policy Management Solutions, which help companies prioritize applications and maximize bandwidth on their networks. Adding PacketShaper's advanced classification, analysis, control, and reporting capabilities will give Comdisco customers more detailed information on bandwidth use, and application performance, and allow them to set traffic policies that are better aligned with their corporate priorities.

"Integrating PacketShaper with our Lifecycle Policy Management Solutions will give our customers enhanced network traffic management capabilities," said Steve Allen, vice president of product development at Comdisco Network Services. "Bandwidth management is a critical component of our new solutions, as is the ability to set and continuously evaluate effective policies to ensure that they meet changing business needs. The combination of these technologies will allow our customers to better perform these tasks."

"The alliance with Comdisco will broaden the practical efficacy of the PacketShaper product line by meeting the demand for performance assured application services in high performance network environments," said Todd Krautkremer, vice president of worldwide marketing, Packeteer. "Comdisco's leading network services, together with PacketShaper, provide a solid application performance infrastructure to support the critical needs of enterprises worldwide."

About PacketShaper

The PacketShaper family of bandwidth management solutions optimizes application performance over WANs and the Internet. PacketShaper discovers and classifies applications on the network, analyzes traffic patterns and measures response times, enforces policy-based bandwidth allocation and implements service-level agreements (SLAs), and generates reports on application behavior. The PacketShaper product family includes the 1500 series, which supports up to 2 Mbps; the 2500 series, a modular platform that supports up to 10 Mbps; and the 4500 series, a high availability and modular platform that supports up to 45 Mbps. The 4500 with factory-installed ISP Edition software is available for service providers.

About Comdisco

Comdisco (www.comdisco.com) provides global technology services to help its customers maximize technology functionality, predictability and availability, while freeing them from the complexity of managing their technology. The Rosemont, (IL) company offers a complete suite of information technology services including business continuity, Web-Availability SM, network, and IT Control and Predictability Solutions SM. Comdisco also offers equipment solutions to key vertical industries, including electronics, telecommunications, pharmaceutical, biotechnology and manufacturing. Through its Ventures division, Comdisco is providing equipment leasing and other financing and services to venture capital backed start-up companies. The company's revenue for the 12 months ended June 30, 2000 was $3.8 billion.

About Packeteer

Packeteer (Nasdaq:PKTR) is a leading provider of Internet application infrastructure systems designed to enable businesses and service providers to ensure the quality of experience for networked applications and application services. Packeteer's advanced PacketWise software, the foundation of the company's innovative PacketShaper and AppVantage systems, integrates application discovery, analysis, control and reporting technologies that are required for enhanced application-performance and proactive bandwidth management. AppCelera ICX is a standalone Internet appliance that employs advanced content compression, transformation, and caching technologies to significantly accelerate the performance of mission-critical enterprise, eBusiness, and eCommerce web applications.

Packeteer's products are deployed today by leading Fortune 1000 companies and service providers worldwide through an established network of more than 100 VARs, distributors and system integrators in more than 50 countries. In addition, PacketWise software is licensed by major communications industry partners who integrate the software into specific strategic networking solutions. For more information, contact Packeteer at 408/873-4400, fax 408/873-4410; or visit the Packeteer Web site at www.packeteer.com.

Safe Harbor Act Clause

The statements contained in this press release that are not purely historical are forward-looking statements within the meaning of Section 21E of the Securities and Exchange Act of 1934, as amended, including statements regarding Packeteer's expectations, beliefs, intentions, or strategies regarding the future. Forward-looking statements include express or implied statements regarding future revenues. All forward-looking statements included in this press release are based upon information available to Packeteer as of the date hereof, and Packeteer assumes no obligation to update any such forward-looking statements. Forward-looking statements involve risks and uncertainties, which could cause actual results to differ materially from those projected. See the risk factors described in the Company's form 10K filed with the SEC on March 23, 2000 and its Form 10-Qs and other reports filed from time to time with the Securities and Exchange Commission. Packeteer assumes no obligation to update the forward-looking information contained in this press release.