News Release

Cisco Completes Acquisitions of Fibex Systems and Amteva Technologies

See Previous Announcement: "Cisco Systems to Acquire Amteva
Jun 18, 1999

SAN JOSE, Calif. -- June 18, 1999 -- Cisco Systems, Inc. today announced it has completed the acquisitions of Fibex Systems of Petaluma, California and Amteva Technologies, Inc. of Glen Allen, Virginia.

On April 8, 1999 Cisco announced a definitive agreement to acquire Fibex, a pioneer in Integrated Access Digital Loop Carrier (IADLC) products and devices that combine traditional voice services with data services using ATM as the underlying architecture. The transaction will be accounted for as a pooling of interests.

On April 28, 1999 Cisco announced a definitive agreement to acquire privately-held Amteva Technologies, a leading developer of middleware, which provides a unified means for enabling voicemail, fax and e-mail messages over an Internet Protocol (IP)-based network. In connection with the acquisition, Cisco Systems expects a one-time charge against after-tax earnings of between $0.02 and $0.07 per share for purchased in-process research and development expenses in the fourth fiscal quarter of 1999.

Cisco Systems

Cisco Systems, Inc. (NASDAQ:CSCO) is theworldwide leader in networking for the Internet.

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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.