News Release

Cisco Announces First Contract in Taiwan for Groundbreaking Cisco ICM Contact Management System

TAIPEI, Taiwan -- 31 October 2001 -- Cisco Systems, the
Oct 31, 2001

TAIPEI, Taiwan -- 31 October 2001 -- Cisco Systems, the worldwide leader in networking for the Internet, has announced the sale of the first Cisco Intelligent Contact Management (Cisco ICM) solution in Taiwan with the signing of an agreement with Taiwan Teleservices & Technologies (TT&T), the country's largest customer service consultant.

Cisco ICM is a groundbreaking customer contact system that allows companies to integrate telephone, fax, Internet, Internet telephony and email for instant interaction with customers. Aimed at large firms operating in the telecommunications, financial service and insurance business, the new system has been widely adopted by many leading firms in North America and Europe. Prominent customers include AT&T, Citibank, MetLife, Federal Express and the US carrier Verizon.

According to recent reports from International Data Corporation (IDC), global revenue of customer relationship management (CRM) applications will grow from US$6.2 billion in 2000 to over US$14 billion by 2005. Research firm OVUM made a similar forecast that the CRM market will hit US$14.8 billion by 2005. With the rapid growth in this area, Cisco has been spurred in recent years to develop a solution that integrates customer services with its unequalled networking expertise.

"We are delighted to introduce Cisco ICM to Taiwan and work with TT&T," said Larry Sun, Country Manager of Cisco Systems Taiwan. "We aim to help Taiwan firms to adopt the same cutting-edge customer relationship management technologies that are being used in the west. Our deal with TT&T underlines the benefits of Cisco ICM since the company is one of the few customer service firms in this part of the world with its own call centre providing customer service, telemarketing and market research to local companies."

The Cisco ICM based on Internet Protocol IP-technology -- features carrier-class Pre-Routing capability that not only route incoming and outbound calls but can also be customised to balance call loading across the enterprise in response to customer service requirements.

Routing efficiency can be further improved through the system's customer-profiling database lookup function, so contacts are routed to the best available enterprise resource the first time. This results in improved service quality, significant time savings and reduced telephone charges, which lead to improved profits and productivity.

"The ICM has a unique ability to integrate multi-vendor networks, automatic call distributors, voice response systems, Web servers, databases and desktop applications," said Sun. "With its mission-critical reliability it is an essential tool for today's fast-paced customer interaction and support service environments."

About Cisco Systems

Cisco Systems, Inc. (NASDAQ: CSCO) is the worldwide leader in networking for the Internet. Cisco news and information are available at

# # #

Cisco, Cisco Systems and the Cisco Systems logo are registered trademarks of Cisco Systems, Inc. in the U.S. and other countries. All other trademarks mentioned in this document are the property of their respective owners.