Cook noodles according to package directions. Drain. Keep warm.
Meanwhile, melt butter in large skillet until sizzling; add red pepper and carrot. Cook over med-high heat, stirring occasionally, until vegetables are crisp-tender (3-5 minutes).
Combine peanut butter, water, vinegar, soy sauce, ginger and crushed red pepper in small bowl. Add peanut butter mixture to cooked noodles, mix lightly. Add vegetable mixture and peanuts, toss until well coated.
Nutrition Info Per Serving: Calories 951 Total Fat 45 g Cholesterol 15 mg Sodium 333 mg Potassium 961 mg Total Carbohydrate 108 g Dietary Fiber 11 g Sugars 15 g Protein 33 g