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To: Douglas Harper who wrote (545)4/30/1999 8:01:00 AM
From: GC  Read Replies (2) | Respond to of 767
 



Wednesday April 28, 8:32 am Eastern Time

Company Press Release

Cisco Systems to Acquire Amteva
Technologies, Inc.

Cisco to Unify Voicemail, E-Mail and Fax Services
Over Internet Platform

SAN JOSE, Calif.--(BUSINESS WIRE)--April 28, 1999--Cisco Systems, Inc. today announced a
definitive agreement to acquire privately-held Amteva Technologies, Inc. of Glen Allen, Va.

Amteva is a leading developer of middleware, which provides a unified means for enabling voicemail,
fax, and e-mail messages over an IP-based network (Internet Protocol). This acquisition
underscores Cisco's commitment to a New World architecture where data, voice and video traffic
flows over a single Internet-based network.

Under the terms of the agreement, shares of Cisco common stock and cash with an aggregate value
of approximately $170 million will be exchanged for all outstanding shares and options of Amteva. In
connection with the acquisition, Cisco expects a one-time charge against after-tax earnings of
between $.02 and $.07 per share for purchased in-process research and development expenses in
the fourth quarter of 1999. The acquisition is subject to various closing conditions.

Amteva's middleware enables a user to unify voicemail, email and fax traffic into a single mailbox
accessible over an Internet-based network independent of location, time or device.

''Today's announcement demonstrates Cisco's ongoing commitment to bringing advanced voice
solutions to a New World infrastructure for both enterprise and service provider customers,'' said
Don Listwin, Cisco executive vice president.

For the enterprise customer, Cisco will combine solutions from acquisitions of Selsius, GeoTel, and
Amteva to provide basic voice services and advanced voice functionality such as call center and
unified communication over a single, standards-based network at minimum cost with maximum
flexibility.

This acquisition supports the fourth and fifth phases of Cisco's five-phase enterprise data, voice and
video integration strategy that extends open, unified communications to IP-based infrastructures.

For service providers, Amteva's middleware will enable deployment of new revenue generating
communication services. Examples of the new services include: voicemail over the Internet, unified
messaging, and personal agent services such as single number reach, automatic forwarding and pager
alerts etc.

By incorporating Amteva's middleware solution as part of the Unified Communications initiative for
both enterprise and service provider customers, Cisco will make it easier for third party developers
and system integrators to add value to the open voice solution.

Amteva was founded in 1995. The 144 employees led by Amteva president and CEO Dean Dodrill
will report to Don Listwin, executive vice president.

About Cisco Systems

Cisco Systems, Inc. (Nasdaq:CSCO - news) is the worldwide leader in networking for the Internet.
Cisco news and information are available at cisco.com.

Cisco, Cisco IOS, Cisco Systems and the Cisco Systems logo are registered trademarks of Cisco
Systems, Inc. in the U.S. and other countries. All other trademarks mentioned in this document are
the property of their respective owners.

Contact:

Cisco Systems, Inc.
Angela Hesse, 408/525-6353 (Press Contact)
ahesse@cisco.com
Mary Thurber, 408/526-8893 (Investor Relations)
mthurber@cisco.com
Randall Sutherland, 408/526-8847 (Industry Analyst)
rsutherl@cisco.com

More Quotes and News:
Cisco Systems Inc (Nasdaq:CSCO - news)
Related News Categories: computers, internet, ISDEX, networking, telecom

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