Cisco Hosts Industry Discussion on Virtualization and Technology Innovation; Webcast, Podcast to Feature Industry CEOs and Leaders Discussing the Impact of Virtuality on Healthcare, Education and Business Operations.

Cisco Systems, Inc. (NASDAQ:CSCO):

WHAT:   Cisco Systems, Inc. is hosting a live Webcast discussion
        between industry and policy leaders, as well as the media, to
        examine the impact virtuality and technology innovation can
        have on all sectors of the U.S. economy and society.
        Participants will highlight examples of how technology and the
        virtual world are transforming the way we work, live, play and
        learn. Cisco is also hosting a series of events to demonstrate
        virtualization through technology innovation including the
        first-ever virtual opening and closing of the NASDAQ Stock
        Market Site from Cisco's headquarters in San Jose, Calif.

WHO:    Participants include industry CEOs and leaders who will share
        perspectives on the role of virtuality in infrastructure,
        healthcare, education and manufacturing industries, as well as
        operational benefits and productivity increases of virtuality,
        including:

        --  John Chambers, president and CEO, Cisco Systems, Inc.

        --  Bob Greifeld, president and CEO, The NASDAQ Stock Market,
            Inc.

        --  Stratton Sclavos, CEO, VeriSign

        --  Giovanni Colella, MD, president and CEO, RelayHealth

        --  Wendy Kopp, Founder, Teach for America

        --  Moderator: Jim Goldman, Silicon Valley Bureau Chief, CNBC

        The discussion will address the growing presence of virtuality
        in business and society, as well as how virtuality is changing
        the competitive landscape and what it means for key aspects of
        the economy. The group will also discuss the need for policy
        makers and leaders to foster innovation in general, as well as
        the implications on infrastructure investment and business
        models, productivity and growth. In addition, Cisco will also
        release key elements of the Cisco Innovation 2005 Study.

WHEN:   The industry leader discussion will be broadcast live via
        Webcast on Wednesday, August 10, 2005 from 9:30 a.m.-11:00
        a.m. PDT. Webcast participants will be able to submit
        questions throughout the discussion. If you are interested in
        attending this industry discussion via Webcast, please
        register at:
        http://www.corporate-ir.net/ireye/
        ir_site.zhtml?ticker=28103&script=1010&item_id=1112472 (Due to
        its length, this URL may need to be copied/pasted into your
        Internet browser's address field. Remove the extra space if
        one exists.)

        A Podcast of the discussion will also be available 24 hours
        after the event and can be accessed at:
        http://newsroom.cisco.com/dlls/2005/hd_080505.html