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<DESCRIPTION>EXHIBIT 99.1
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EXHIBIT 99.1
PRESS RELEASE
PRESS CONTACT: INVESTOR RELATIONS CONTACT:
Robyn Jenkins Roberta DeTata
Cisco Systems, Inc. Cisco Systems, Inc.
(408) 853-9848 (408) 527-6388
rojenkin@cisco.com redetata@cisco.com
INDUSTRY ANALYST RELATIONS CONTACT:
Dora Ferrell
Cisco Systems, Inc.
(408) 527-4202
dferrell@cisco.com
CISCO SYSTEMS COMPLETES ACQUISITION OF EXIO COMMUNICATIONS, INC.
SAN JOSE, Calif., Feb. 26, 2001 -- Cisco Systems, Inc., today announced it
has completed the acquisition of privately held ExiO Communications, Inc.
On Dec. 14, 2000, Cisco announced a definitive agreement to acquire ExiO
Communications, Inc., a leading developer of in-building, wireless technologies
for corporate networks based on standard, Code Division Multiple Access (CDMA)
technologies. The acquisition enhances Cisco's New World strategy for addressing
the in-business wireless market requiring a solution based on next-generation
CDMA technologies. ExiO's wireless telephony solution builds on Cisco's existing
wireless technology that enables enterprise customers to add the convenience of
mobility to voice-over-IP (Internet Protocol) services. This acquisition is
being accounted for as a purchase.
ABOUT CISCO SYSTEMS
Cisco Systems, Inc. (NASDAQ: CSCO) is the worldwide leader in networking
for the Internet. News and information are available at www.cisco.com.
# # #
Cisco, Cisco Systems, and the Cisco Systems logo are registered trademarks of
Cisco Systems, Inc. and/or its affiliates in the U.S. and certain other
countries. All other trademarks mentioned in this document are the property of
their respective owners.
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