TORONTO, ON - April 11, 2000 - KPMG Consulting today announced the installation of 350 IP phones from Cisco Systems Canada in its new premises at WaterPark Place, 20 Bay Street in Toronto. This is the first KPMG Consulting office in the world to fully implement IP telephony. IP phones will be installed in all employees' offices, as well as in the mailroom, meeting rooms and for all courtesy phones. In addition, KPMG Consulting will extend their IP telephony network to connect with its six Internet Broadband Solution Centres located around the world to make collaboration between KPMG consultants, architects and developers worldwide, easier, faster and less expensive.

"IP telephony is real and it works. At KPMG Consulting, we recognize IP telephony is the future of communications and we are an early adopter of this technology," says Joe Mattell, vice president, Information, Communications and Entertainment Consulting Practice, KPMG Consulting. "To maximize our benefit from IP telephony, we shifted our paradigm from the Old World of simple telephones, to leveraging the New World of IP phones as business communications tools. We will use this new and open technology to develop communications applications for our business."

In the near term, KPMG Consulting will use IP telephony as a PBX replacement, as well as to enhance the firm's hoteling work environment and to support mobile employees. According to Mattell, there are a number of immediate "out of the box" benefits to IP telephony, including visual call waiting, the simplicity of setting up a conference bridge and the elimination of third-party conference services. Longer-term projects include the implementation of a unified messaging environment to enhance the productivity of KPMG staff by enabling them to check a single voice/email/fax mailbox for all communications from their internet telephone.

"KPMG Consulting is realizing the real business benefits of IP telephony," says Pierre-Paul Allard, general manager, Cisco Systems Canada. "There are a number of system-level and operational benefits to IP telephony, including easier integration with business application systems and reduced costs. Cisco Systems Canada is proud to work with such a forward thinking, innovative company as KPMG Consulting."

About KPMG Consulting

With over 300 e-Business success stories, KPMG Consulting is the leading provider of Internet Integration services across the globe. We have supported both early adopters and traditional market leaders as they transform their brick and mortar enterprises to e-businesses.

KPMG Consulting can help you navigate the rapidly changing landscape of opportunities that proliferate in the digital marketplace. Moving beyond the hype surrounding the world of e-Business, KPMG delivers tangible business results at net speed.

KPMG Consulting LP, the Canadian affiliate of KPMG Consulting, LLC, is a leading provider of Internet integration, business transformation and human resource consulting services and can be found on the Web at http://www.kpmgconsulting.com. KPMG LLP, the accounting, tax and professional services firm, is the Canadian member firm of KPMG International. KPMG's Web site is http://www.kpmg.ca/.

About Cisco Systems Canada Co.

Cisco Systems - with $12 billion (US) in revenues and over 19,000 employees - is the worldwide leader in networking for the Internet. Established in 1990, Cisco Systems Canada employs over 500 Canadians and is headquartered in Toronto, with field sales and service offices across the country. In addition, Cisco also has a state-of-the-art development centre in Kanata, ON - focusing on the development of optical Internetworking solutions to build the next generation of the Internet backbone.

The Internet is changing the way people work, live, learn and play - and Cisco Systems Canada is a primary agent of this change and a compelling example of the power of this revolution. By widely deploying business solutions based on the Internet, Cisco Systems saves over $500 million (US) per year in operating costs, has grown revenues by 100% in two years and has increased customer satisfaction at the same time. Cisco produces networking solutions for enterprise organizations, service providers and small/emerging businesses.

For Additional Information:

• Willa Black
  Cisco Systems Canada
  416-216-8732
  Pager: 1-800-68-CISCO
  E-mail: wblack@cisco.com
  
  
• Gordon Braun-Woodbury
  KPMG
  416-777-8554
  E-mail: gbraunwoodbury@kpmg.ca