JSOnline.com reported that the Green Bay Packers signed P Tim Masthay. NFL Draft Scout says he might be a better kickoff specialist then punter, but as a punter he was a first team All-SEC selection in 2008. He signed with the Colts after the draft, but was waived in August. He's also tried out Buccaneers and Patriots. It looks like he's got a powerful leg, but maybe the accuracy isn't there if he hasn't been able to make a team.
It's not a big signing, but the Packers need to do something about their awful special teams, and finding any competition for P Jeremy Kapinos is a good place to start.