Leading Independent Market Research Firm Names Packeteer® a "Strong Performer" in WAN Optimization Appliances Market

Business Wire, July 24, 2007

Independent Report Concludes Packeteer Best Suited For Distributed Companies with Hundreds of Applications

CUPERTINO, Calif. -- In its July 2007 "Wave" report titled "WAN Optimization Appliances, Q3 2007," leading market research firm Forrester Research categorizes Packeteer([R])[NASDAQ:PKTR] as a "Strong Performer" in the "red hot market" for WAN Optimization, concluding the company is "currently the largest WAN Optimization vendor."

Key findings of the Forrester Research Wave report include the following:

* "Packeteer has the strongest QoS feature set and, as a result, the best management console for monitoring and measuring application performance."

* "[Forrester Research] recommend[s] Packeteer for companies that are highly distributed and require the granularity to classify and accelerate hundreds if not thousands of applications across the WAN."

* "This is especially critical for companies moving to application-level SLAs for chargeback models, outsourcing, or providing more relevant IT metrics for lines-of-business."

Regarding Packeteer's recently introduced iShaper[TM] appliance and extended partnership with Microsoft, Forrester Research offers the following observations:

* "Since the [Forrester Research market] evaluation, Packeteer has launched iShaper, which [provides] a unified WAN optimization appliance based on Microsoft Server technology. This strategy...positions Packeteer extremely well for capitalizing on mainstream WAN optimization customers that are looking to Microsoft-integrated solutions."

* "Packeteer's iShaper accelerates all apps, but more importantly, it provides the ability to consolidate branch assets by removing unnecessary Microsoft infrastructure without trading off performance. This is especially critical if you want to run a full suite of Microsoft services but can't afford to remove local processing, for example because of disaster recovery purposes."

About Packeteer

Packeteer is the global leader in WAN Application Delivery. Packeteer's solutions provide an intelligent, unified and adaptive approach to monitor, shape, and optimize applications, delivering the best user experience for any application to any location. For more information, contact Packeteer at 1 408 873-4400 or visit the company's Website at http://www.packeteer.com.

Safe Harbor 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, but are not limited to, express or implied statements regarding future revenues, revenue growth and profitability, spending levels by existing and prospective customers, the markets for our products, new product development, liquidity and macro economic conditions. All forward-looking statements included in this press release are based upon information available to Packeteer as of the date hereof. 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. Actual results may differ materially due to a number of factors including the perceived need for our products, our ability to convince potential customers of our value proposition, the costs of competitive solutions, continued capital spending by prospective customers and macro economic conditions. These and other risks relating to Packeteer's business are set forth in Packeteer's Form 10-K filed with the Securities and Exchange Commission on March 16, 2007, and Packeteer's Form 10-Qs and other reports filed from time to time with the Securities and Exchange Commission.

Packeteer, PacketShaper, PacketShaper Express, iShared, iShaper and SkyX are trademarks or registered trademarks of Packeteer, Inc. All other products and services are the trademarks of their respective owners.