Cisco Systems Expands Asia-Pacific Operations By Opening New Hong Kong Subsidiary

MENLO PARK, Calif., March 3, 1993 -- Cisco Systems, Inc., the leading worldwide supplier of internetworking routers, has moved to further strengthen its customer support in the Asia Pacific region by opening a subsidiary company, Cisco Systems (HK) Ltd in Hong Kong. The subsidiary, Cisco's third in the region after Australia and Japan, will be responsible for supporting the sales efforts of Cisco's distributors and reseller partners in Asia Pacific.

"The opening of this new support center in Hong Kong demonstrates Cisco's commitment to maintaining our position as the leading global provider of internetworking solutions," said John Morgridge, president and CEO of Cisco Systems. "A critical part of our continued success will be our ability to deliver top quality, consistent service and support to the intra-Asia-Pacific market. By expanding our operations at this time we hope to participate in a significant way in the construction of the new telecommunications infrastructure that is currently being installed to support the rapid economic growth of emerging economies and new industrialized economies (NIE) in Asia Pacific."

Cisco Systems, Inc., is the leading worldwide supplier of high-performance, multimedia and multiprotocol internetworking products, including routers, bridges, communication servers and network management software. Cisco technology can be used to build enterprise-wide networks linking an unlimited number of geographically dispersed LANs, WANs and IBM SNA networks. In the Japanese and Asia-Pacific markets Cisco's major customers include Nikkei, NTT, Fuji- Xerox, BHP, Commonwealth Sugar Refineries, and a number of large research networks, such as the Korea Open Research Environment network, Taiwan III SeedNet, and Australia Academic Research Network. In the United States, Cisco is publicly traded over-the-counter under the NASDAQ symbol CSCO.

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