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Exhibit 99.2
CONTACTS:
Tom Galvin
Cisco Systems, Inc.
(408) 525-8530
[email protected]
Blair Christie
Cisco Systems, Inc.
(408) 525-4856
[email protected]
CISCO SYSTEMS, INC. ANNOUNCES DEPARTURE OF DON LISTWIN
Executive Vice President of Corporate Marketing, Service Provider and
Consumer Lines of Business Departs Cisco
SAN JOSE, Calif. - August 8, 2000 - Cisco Systems, Inc. the worldwide
leader in networking for the Internet, today announced the departure of Don
Listwin, Executive Vice President of Cisco's corporate marketing, Service
Provider and Consumer Lines of Business. Listwin is leaving to become the CEO of
a Cisco ecosystem partner in which Cisco holds a minority investment.
"Throughout his career at Cisco, Don has demonstrated vision, leadership
and passion," said John Chambers, President and CEO of Cisco Systems. "He has a
proven record of success helping lead Cisco into new markets and establishing
the importance of open, standards-based Internet solutions for our customers. I
am very sorry to see him leave Cisco. I want to thank Don for his contributions,
friendship and wish him continued success especially in driving up the stock
price of our investment."
Cisco has built a world class management team focused on the customer,
execution and delivering results. The company has third, fourth and fifth
generation leaders in key positions who are viewed as world class thought
leaders within their individual areas of expertise and the industry as a whole.
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As an example of the close working relationship Cisco will continue to have
with Don, Kevin Kennedy, senior vice president, Service Provider Line of
Business, intends to assume a seat on the board of directors of Don's company.
"This really demonstrates the value of an ecosystem," said Chambers. "Don
will continue to work with Cisco to drive solutions for the industry built
around open, standards-based technology. Once again, we wish Don continued
success in his new endeavor."
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.
