News Release

Cisco Systems Completes Acquisition of Latitude Communications

SAN JOSE, Calif., January 12, 2004 - Cisco Systems, Inc.,
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Jan 12, 2004

SAN JOSE, Calif., January 12, 2004 - Cisco Systems, Inc., today announced it has completed the acquisition of publicly-held Latitude Communications, Inc. (NASDAQ: LATD) of Santa Clara, Calif.

On November 12, 2003, Cisco announced a definitive agreement to acquire Latitude, a leading provider of enterprise conferencing products and services with its MeetingPlace audio and web conferencing solution. The acquisition advances Cisco's leadership in IP communications by adding rich-media conferencing, which combines voice, video and web conferencing, to Cisco's product portfolio.

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