News Release

Cisco Systems Plans Software Development Centers In Asia and Europe

Centers to Expand Global and Regional Software Capabilities, Customer Support
Jul 24, 2000

SAN JOSE, Calif., July 24, 2000 - Cisco Systems, Inc., the worldwide leader in networking for the Internet, today outlined efforts to increase investment and employment in key regions where the build-out of the Internet infrastructure is underway. Cisco plans to expand its world-class software development and test facility in India as well as establish new facilities in Ireland and China during the year. These Global Engineering Development and Test Centers initially will focus on enhancing Cisco IOS. Software, the most widely deployed network systems software, with new features and technologies for Cisco's global networking products as well as in support of regional market requirements. In addition to software development, the facilities will provide large-scale, end-to-end system testing capabilities for advanced network solutions thus speeding time-to-market deployment of such solutions for regional customers.

"The Internet Economy is driving dynamic changes in the telecommunications industry," said David Kirk, senior vice president for Cisco IOS Technologies Division. "With many countries rapidly expanding their telecommunications capabilities, Cisco is seeing increased demand for our hardware and software solutions around the world. Expanding our software development and test capabilities in Asia and Europe enables Cisco to meet that demand with the most advanced network platforms for enabling service providers and enterprises to take advantage of the power of the Internet. Additionally, our customers in these regions will have access to local support that understands their unique market requirements."

Cisco already has development/manufacturing and sales offices in the regions targeted. The Global Engineering Development and Test Centers are part of Cisco's plans for expansion and recruitment around the globe in support of anticipated industry growth.

"The universities in these regions are graduating some of the world's best engineering talent," continued Kirk. "By moving closer to the growing engineering labor supply and working with government leaders interested in ensuring their country's high-tech future, Cisco is well positioned for future growth."