Blue Coat Systems (BCSI)

Description of Business

Blue Coat Systems, Inc., also referred to in this report as “we” or “us,” designs, develops and sells products and services that optimize and secure the delivery of business applications and other information to distributed users over a Wide Area Network (“WAN”), or the public Internet (also known as the Web). Our products provide our end user customers with information about the applications and Web traffic running on their networks, including the ability to discover, classify, manage and control communications between users and applications across internal networks, the WAN and the Internet. Our products are also designed to optimize the performance of our end users’ business applications and content, whether used internally or hosted by external providers. In addition to optimizing the performance and delivery of applications, our products enable our end user customers to secure their Internet gateways and remote computer systems by providing protection from malicious code, or malware, and objectionable content. We call this “intelligent application and user control.”

Our product and service offerings are focused on the emerging market for Application Delivery Network infrastructure products and services. This market addresses the need of enterprises with multiple offices and geographically decentralized employees (“distributed enterprises”) to more efficiently and effectively use and secure their critical business applications and networks.

Description of Business

Cerberian Inc. (the “Company”) was founded in 2000 as a Utah corporation and later incorporated as a Delaware corporation on January 9, 2001. The Company provides employee internet management products that enable businesses to analyze, report and manage how their employees use workplace computing resources, including internet access, instant messaging, peer-to-peer file sharing, network bandwidth and desktop applications. The Company’s Cerberian Web Manager Solution supports an organization’s efforts to improve employee productivity, conserve network bandwidth, mitigate potential legal liability, and enhance network security.