News Release

Crosswave Comunications to Build Next Generation Network with Cisco IP + Optical Solution

HONG KONG, December 4, 2000 -Cisco Systems (NASDAQ: CSCO),
Dec 04, 2000

HONG KONG, December 4, 2000 -Cisco Systems (NASDAQ: CSCO), the worldwide leader in networking for the Internet, today announced that Crosswave Communications Inc. (NASDAQ: CWCI), Japan's pioneer in broadband data communications, has purchased and deployed an evolutionary IP+Optical networking solution from Cisco to further enhance New World services on their broadband network. Based on Cisco's ONS 15454 Optical Transport Platform, these new services will provide advanced, high-speed, cost-effective, end-to-end data communications services to business Internet users.

Crosswave will immediately start providing new broadband services, through direct fiber access, to large customer premises and Internet Data centers located in the metropolitan Tokyo area.

Crosswave offers broadband data communication services on Japan's first nationwide fiber-optic network specifically designed and dedicated to data traffic. "We are now able to realize the benefits of a flexible and scalable network that is easy to manage while at the same time providing enormous bandwidth by deploying the most advanced network technologies provided by the industry leaders," said Toshiya Asaba, Chief Technology Officer of Crosswave. "We found Cisco's IP + Optical solutions to be very complementary with our network, offering the fastest and most cost-effective solution available in the industry. Crosswave considers the Cisco ONS 15454 to be the new service platform for the future."

"As Crosswave continues to enhance their service offerings and to expand coverage of customer sites, Cisco Systems is pleased to be able to offer our IP expertise and next generation optical solutions to build the high performance network that Japanese Internet customers require, said Carl Russo, Group Vice President of Optical Networking at Cisco. Our industry leading ONS 15454 optical transport platform, combined with Crosswave's Cisco-based IP backbone will revolutionize the speed of communications in Japan.

The Cisco ONS 15454 is an Internet scale, carrier class optical transport platform designed to provide unlimited bandwidth expansion and multi-service capabilities such as voice/data/video, TDM/ATM/IP, Transparent LAN service platform, combining SONET/SDH, DWDM, on one single platform. The ONS 15454 optical transport platform is a key building block in today's optical networks through its ability to offer next generation transport performance and economics. It offers supercharged transport capability by combining efficiencies in the transport layer and breakthrough cost saving for initial and lifecycle deployment. Having shipped to over 450 customers and with more than 20,000 installed units worldwide, the Cisco ONS 15454 has experienced phenomenal success since its introduction as part of Cisco Systems Optical Networking Group in November 1999.