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Revision History For: Packeteer Inc-(PKTR)

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PACKETEER 'Turning bandwidth into business'

Packeteer was founded in 1995 to develop products that address the severe problems related to increasingly congested bandwidth resources on enterprise wide area networks (WANs) and the Internet. This congestion has led to widespread dissatisfaction among end users as well as corporate management frustrated by poor application performance. The company's award-winning PacketShaper family of bandwidth-management devices lets network managers and service providers set and enforce policies to control network traffic, ensuring that networks deliver predictable performance for mission-critical applications. More than 3000 PacketShaper units have been installed worldwide. (Source:Company Website)

5/21/99 The company filed for IPO.
7/2/99 The company set its price to $10-$12 and set its number of shares to 4,000,000.

The offering will be managed by BancBoston Robertson Stephens Inc., Bear, Stearns and Co. Inc. and Dain Rauscher Wessels, a division of Dain Rauscher Wessels Incorporated.

Status:Tentative pricing during the week of Jul 26,99.
packeteer.com