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Packeteer wins NetEvents “Enterprise Product of the Year 2007” award

Added: (Thu Mar 01 2007)

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Packeteer, the global leader in WAN application optimisation, has received the NetEvents 2007 "Enterprise Product of the Year" award at a prestigious award banquet in Evian, France. This year's awards for technological achievement were presented by NetEvents TV Editorial Director, Manek Dubash as part of the NetEvents European Press & Analyst Summit 2007. The entire proceeds of $32,000 generated by the awards are to be shared between the American Cancer Society and the Prostate Project Foundation for Cancer Research.

The judges, chosen from an independent panel of industry analysts and senior press representatives from more than 30 European publications, singled out Packeteer along with other award winners Alcatel-Lucent (Carrier Product), Avaya (IP Telephony Product), Sourcefire (Security Product), DiVitas (Wireless Mobility Product), Strix Systems (Metro Product), Zeus Technology (Innovative Technology Company). Packeteer's iShared Mobiliti release 6.0 - beating off competition in this category such as Infoblox and DiVitas - was commended for its "synchronisation for laptops" and being "the finishing touch of an impressive total solution."

Bob Emmerson, European Editor, VON Magazine added that "Packeteer's data protection and access solution for mobile and branch office workers is elegant, easy-to-use and effective. It backs up user data to a virtual network that simulates the network structure of the enterprise onto user laptops. And file synchronisation between client devices and iShared data center is incremental, fast and automatic."

Alan Menezes, Vice President of Marketing for Packeteer commented "We are delighted to be receiving this award at such a high profile event with so many of Europe's top industry press representatives present. With the recent release of our Mobiliti 7.0 product, we're now providing mobile users with data consolidation and protection and TCP application acceleration capabilities comparable to those available to larger corporate branch office users. As a result, mobile users will be much more productive while having the assurance that their data is literally in sync with the enterprise network."

"We've now raised $64,000 for these two very worthwhile charities and established these awards as one of the IT industry's most prestigious awards in Europe" said Mark Fox, NetEvents Founder." We would like to thank the European press & analyst community for helping make our awards such a success. The NetEvents Technology Leader awards give valuable recognition for the winners as they are judged by over 30 leading technology press & analysts - more than any other European technology award."

About NetEvents:
Since 1996, our team has organised one of the key communication channels between press, analysts and vendors in the Enterprise networking and telecommunications marketplace - NetEvents.

NetEvents brings together leading network / telecoms / computer industry vendors (senior executives of President / CEO / VP level); trade press; press and industry analysts from the 4 continents of the world.

NetEvents provides vendors with an opportunity to meet the networking and communications press in an informal yet focused environment. It is based on a highly successful programme that has already been used by the world's leading technology companies to establish quality relationships with press and analysts throughout the world.

Press resources:
More information & photos on these awards is available at: www.netevents.org/awards.php

About Packeteer:
Packeteer, Inc. (NASDAQ: PKTR) is the global market leader in high-performance, intelligent WAN Application Delivery. With over 60,000 systems deployed at more than 7,000 customers worldwide, Packeteer solutions increase WAN capacity and accelerate and ensure predictable network application performance for all users anywhere in the distributed enterprise. By automatically classifying over 600 applications and protocols and utilising the most comprehensive network monitoring, QoS, WAFS and acceleration technologies, Packeteer solutions improve business operational efficiency and provide customers with a rapid return on investment. For more information, visit the company's web site at www.packeteer.com

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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, 2006, 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, SkyX are trademarks or registered trademarks of Packeteer, Inc. All other products and services are the trademarks of their respective owners.

Submitted by:Ryan Whelan and Andy Chatterton
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