TORONTO, ON - August 7, 2001 - Cisco Systems Canada has launched "Take Stock in Cisco," an innovative reseller rewards program that offers cash bonuses for selling select Cisco products.

"Cisco is committed to helping our resellers achieve success with our exceptional end-to-end solutions," said Brent Rebus, Channel Operations Director at Cisco Systems Canada. "Now resellers can share in the success of our mutual commitment by taking stock in Cisco and earning cash rewards in the process."

Running from August 1 to October 31, 2001, the "Take Stock in Cisco" program is available to all Cisco two-tier partners, which includes Cisco Authorized Resellers, and Premier and Premier Select Partners in Canada. Resellers earn Cisco "SharePoints" on sales of selected Cisco products. At the end of the program, SharePoints will be turned into cash rewards based on the value of Cisco shares on the NASDAQ stock exchange.

For more information on the program visit www.cisco.com/ca/takestock.

About Cisco Systems Canada Co.

Cisco Systems is the worldwide leader in networking for the Internet. Established in 1990, Cisco Systems Canada Co. has over 375 employees across Canada dedicated to sales and service. In addition, Cisco has approximately 400 employees at its research and development site in Ottawa, Ontario.

The Internet is changing the way people work, live, learn and play - and Cisco Systems 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 $1.35 billion (US) per year in operating costs, has grown revenues by 100 per cent 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 Co.
  416-306-7732
  Pager: 1-800-68-CISCO
  E-mail: wblack@cisco.com
  
  
• Lisa Daly
  Strategic/Ampersand Inc.
  416-961-5595 ext. 438
  Pager: 1-800-68-CISCO
  E-mail: ldaly@cisco.com