Cisco Appoints Ned Hooper as Chief Strategy Officer

SAN JOSE, CA, Jul 08 (MARKET WIRE) --
Cisco (NASDAQ: CSCO) today announced that Ned Hooper, Senior Vice
President of Corporate Development and Consumer, would assume additional
responsibilities as Chief Strategy Officer (CSO). As CSO, Hooper will
play a key leadership role in developing Cisco's business strategy and
identifying market transitions to support the company in executing
against growth opportunities.

In his expanded role, Hooper will help shape Cisco's approach and business
plans as it moves into new, adjacent markets and will drive the
development of new business strategies that enable our customers to
utilize technology to drive productivity and competitive advantage. He
will partner closely with Cisco's Operating Committee, Development
Council, segment councils and Chief Technology Officer to develop
strategies that tightly link business architecture with technology
architecture. A key part of Hooper's role will be to communicate our
strategy to customers, partners, shareholders and employees.

"As Cisco continues to focus on alignment and optimization of resources,
making strategic investments in our business, and moving into market
adjacencies, having seamless integration between business strategy and our
technology vision is critical," said John Chambers, Cisco Chairman and
CEO. "With his outstanding track record of success, I am very confident
in Ned's ability to help Cisco capitalize on our opportunities and drive
the company's business strategy as we meet our customers' evolving
expectations of their technology and business needs."

In his Corporate Development role, Hooper is responsible for Cisco's
global growth strategy through business development activities including
acquisitions, equity investment, and the incubation of innovative
technologies. As the leader of Cisco's consumer business, he will continue
to drive the company's consumer strategy and the network as the platform
vision to deliver the next generation consumer experiences in video
entertainment and communications.

Hooper is an 11-year veteran of Cisco. Prior to his current role, he was
Vice President of Business Development, where he led the company's
acquisition strategy focusing on growth opportunities by entering new
markets and integrating innovative technologies into Cisco businesses.
Through acquisitions including Linksys, Scientific Atlanta, Webex,
IronPort, Airspace and Pure Digital, he has led Cisco's expansion in new
markets, resulting in more than $5 billion in additional annual revenue
since 2002.

Hooper joined Cisco through the acquisition of Lightspeed International,
where he was Director of Business Development responsible for implementing
a global distribution strategy. He has an MBA from the University of
Virginia's Darden School of Business and a BA from the University of
Colorado.

About Cisco

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Cisco
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