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Profiles in Version 2
Profile is a set of required options, prohibited options, and the ranges and defaults of configurable attributes
“An IEEE-1588 profile may be developed by external organizations including:
a)  A recognized standards organization with jurisdiction over the industry, e.g. IEC, IEEE, IETF, ANSI, ITU, or;
b)  An industry trade association or other similar organization recognized within the industry as having standards authority for the industry;
c)   Other organizations as appropriate.”
PPT Version