SAN JOSE, Calif. -- March 11, 1998 -- Cisco Systems, Inc. today announced the appointment of Judith Estrin as senior vice president and chief technology officer. Estrin currently is president and chief executive officer of Precept Software Inc., whose pending acquisition by Cisco also was announced today. In addition to her responsibilities as CTO, Estrin will assume responsibilities for business development, consulting engineering, legal and government affairs. Estrin will take her new position pending the completion of the transaction.
"Judy Estrin is one of the great entrepreneurs and leaders in Silicon Valley, and we are thrilled to have her join us," said John Chambers, president and CEO of Cisco. "She brings a unique blend of technical knowledge and business skills which will help maintain Cisco's leadership as we move into the next generation of integrated voice-data-video networking."
Estrin, 43, succeeds Edward Kozel, who after 9 years with Cisco has decided to work part time to spend more time with his family. Kozel will become senior vice president of corporate development and will continue as a member of the company's board of directors. He will rejoin Cisco full time in a couple of years.
"Ed's contributions to Cisco have been enormous," Chambers said. "He is a technical visionary, an excellent leader, and an executive with keen business savvy. We thank him for his many contributions to Cisco's success and are pleased we can still draw upon his talents."
Estrin co-founded Precept Software, a leading multimedia networking software company, in 1995. Previously, she was president and CEO of Network Computing Devices, a leading supplier of X terminals and PC-to-UNIX connectivity software. Prior to NCD, she was a co-founder of Bridge Communications, a pioneer in internetwork routers, bridges and communication servers, which merged with 3Com in 1987.
Estrin began her career as an engineering manager at Zilog. She holds a B.S. in math and computer science from UCLA. and a master's degree in electrical engineering from Stanford University, where she was involved in early development of the TCP/IP protocols.
Estrin serves on the boards of directors of Federal Express, Rockwell International and Sun Microsystems.
Cisco SystemsCisco Systems, Inc. (NASDAQ:CSCO) is theworldwide leader in networking for the Internet. News and information areavailable athttp://www.cisco.com.
Cisco, Cisco Systems, and the Cisco Systems logo are registered trademarks of Cisco Systems, Inc. in the U.S. and certain other countries. All other trademarks mentioned in this document are the property of their respective owners.
This release may contain forward-looking statements that involve risks and uncertainties. These statements may differ materially from actual future events or results. Readers are referred to the documents filed by Cisco with the SEC, specifically the most recent reports on Form 10-K and 10-Q, which identify important risk factors that could cause actual results to differ from those contained in the forward-looking statements, including potential fluctuations in quarterly results, dependence on new product development, rapid technological and market change, acquisition strategy, manufacturing risks, risks associated with the Internet infrastructure, volatility of stock price, financial risk management and future growth subject to risks.