Packeteer, Inc., incorporated in 1996, is a global provider of wide area network (WAN) Application Optimization to enterprise customers and service providers. For enterprise customers, the Company's systems are designed to enable Information Technology (IT) organizations to optimize application and network resources, while providing cost savings in WAN investments. For service providers, its systems are designed to provide a platform for delivering application-intelligent network services that control quality of service (QoS) expand revenue opportunities and offer compelling differentiation from other potential solutions. Packeteer delivers application performance and end user experience through the PacketShaper family of scalable appliances. An intelligent overlay, bridging business frontlines and Internet Protocol (IP) networks, the Company's solution provides visibility, control, compression, acceleration and management of application traffic across all WAN links. Each appliance can be configured with software modules to deliver a range of WAN Application Traffic Management capabilities. PacketSeeker provides visibility, PacketShaper provides control, and PacketShaper Xpress provides compression. Packeteer provides an intelligent overlay of technologies for WAN Application Optimization. Building on an enterprise's existing infrastructure, the Company's scalable platform is designed to provide for optimal delivery and performance of networked applications by consolidating field technologies that provide visibility into real time performance at the Layer 7 identification level, a mandatory first step in improving the management of network applications, capacity planning and troubleshooting. It also provides control over networked applications to deliver comprehensive QoS to ensure availability of an enterprise's most critical business processes. The technology can accelerate critical business applications to improve performance and expand network capacity through advanced compression, protocol and application-specific acceleration technologies. It also can manage both small and large unit deployments for low total cost of ownership (TCO) administration, with time-saving automation and central management software. The Company has subsidiaries or branch offices in Australia, Canada, China, Denmark, France, Germany, Hong Kong, India, Italy, Japan, Malaysia, Singapore, Spain, South Korea, the Netherlands and the United Kingdom. PacketShaper Each PacketShaper appliance can be configured with software modules to deliver a range of WAN Application Optimization capabilities, including monitoring for network and application visibility, shaping for controlling application traffic and compression for increased link capacity. PacketShaper is designed to provide application traffic monitoring that builds on Packeteer's Layer 7 traffic classification, analysis and reporting technology to provide visibility into network utilization and application performance. PacketShaper ISP is designed to enable service providers to create differentiated services through bandwidth provisioning and management. The PacketShaper family includes the 1200, 1550, 2500, 6500, 9500 and 10000 models. The Shaping Module for PacketShaper is a software option designed to provide application-based traffic and bandwidth management for applications running over the WAN and Internet. This module provides QoS using bandwidth, traffic, service-level and policy management technology. The Compression Module for PacketShaper is a software option designed to provide throughput for application traffic through compression technology. Combining Layer 7 classification, traffic shaping and application-intelligent compression raises the level of control customers have over the performance of their network applications and associated bandwidth costs. PolicyCenter Each appliance can be managed individually or as an integrated policy-based WAN Application Optimization system distributed across multiple locations, using its PolicyCenter software produc