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To: Frank A. Coluccio who wrote (1938)	8/21/1998 1:05:00 PM
From: Frank A. Coluccio	Read Replies (1) \| Respond to of 12823

Cisco Systems to Acquire American Internet Corporation; Enables Deployment of Internet Access Over Cable Networks Business Editors/Technology Writers SAN JOSE, Calif.--(BUSINESS WIRE)--Aug. 21, 1998--Cisco Systems, Inc. today announced it has signed a definitive agreement to acquire privately-held American Internet Corporation (AIC) of Bedford, Mass. AIC is a leading provider of software solutions for IP address management and Internet access. Under the terms of the acquisition, shares of Cisco common stock with an aggregate value of approximately $56 million will be exchanged for all outstanding shares and options of AIC. The major shareholders of AIC have signed irrevocable proxies in support of the acquisition. In connection with the acquisition, Cisco expects a one-time charge against after-tax earnings of between $.03 to $.06 per share for purchased in-process research and development expenses in the first fiscal quarter of 1999. These per share numbers do not take into account the three-for-two stock split, which will be in effect September 15, 1998. The acquisition is expected to be completed by the beginning of October and is subject to certain closing conditions. Cisco Increases Internet Infrastructure Software Solutions Building upon an existing original equipment manufacturer (OEM) agreement with Cisco, the acquisition enables Cisco to extend American Internet's technology into other areas including the service provider line of business. AIC's products, Network Registrar and Access Registrar, enable the cost effective deployment and support of Internet devices such as set-top boxes and cable modems. By simplifying the configuration and authentication process for Internet devices, customers are able to connect to the network without the need for remote on-site manual intervention. AIC has 50 employees and was founded in 1995. AIC's CEO, Bob Brennan, will continue to lead the team and will report to Herb Madan, vice president and general manager, in the service provider line of business. About Cisco Systems Cisco Systems, Inc. (NASDAQ:CSCO) is the worldwide leader in networking for the Internet. Cisco news and information are available at cisco.com.