CISCO SYSTEMS INC
8-K, EX-20.1, 2000-06-29
COMPUTER COMMUNICATIONS EQUIPMENT
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<PAGE>   1
                                                                    EXHIBIT 20.1

Final

<TABLE>
<S>                                <C>
PRESS CONTACT:                     INVESTOR RELATIONS CONTACT:
Jeanette Gibson                    Roberta De Tata
Cisco Systems, Inc.                Cisco Systems, Inc.
(408) 525-8965                     (408) 527-6388
[email protected]                 [email protected]

ANALYST RELATIONS CONTACT:
Art Rangel
Cisco Systems, Inc.
(408) 853-5705
[email protected]
</TABLE>


                CISCO SYSTEMS COMPLETES ACQUISITION OF ARROWPOINT


     SAN JOSE, Calif., June 23 , 2000 -- Cisco Systems, Inc., today announced it
has completed the acquisition of ArrowPoint of Acton, Massachusetts.

     On May 5, 2000, Cisco announced a definitive agreement to acquire
ArrowPoint, a leading provider of content switches that optimize the delivery of
web content. The ArrowPoint organization has become the Content Switching
Technologies Business Unit within Cisco's Service Provider Line of Business,
delivering Cisco 11000 Series Content Service Switches featuring
industry-leading Web NS software. This acquisition is being accounted for using
pooling accounting.

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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