1、CISCO SYSTEMS 1999 ANNUAL REPORTCapturetheMomentumCisco Systems,Inc.is the worldwide leader in networking for the Internet.Cisco hardware,software,and service offerings are used to create Internet solutions so that individuals,companies,and countrieshave seamless access to informationregardless of d
2、ifferences in time and place.Cisco solutions providecompetitive advantage to our customers through more efficient and timely exchange of information,whichin turn leads to cost savings,process efficiencies,and closer relationships with their customers,prospects,business partners,suppliers,and employe
3、es.These solutions form the networking foundation for compa-nies,universities,utilities,and government agencies worldwide.The company was founded in 1984 by a small group of computer scientists from Stanford Universityseeking an easier way to connect different types of computer systems.Cisco Systems
4、 shipped its first product in 1986.Since then,Cisco has grown into a multinational corporation with more than 20,000employees in more than 200 offices in 55 countries.We invite you to learn more about Cisco Systems at .F I N A N C I A L H I G H L I G H T S1L E T T E R T O S H A R E H O L D E R S2C A
5、 P T U R E T H E M O M E N T U M9I N C R E A S E A G I L I T Y F O R Y O U R B U S I N E S S1 0C R E A T E A G I L I T Y W I T H N E W W O R L D S E R V I C E S1 4F O S T E R A G I L I T Y F O R T H E F U T U R E1 8F I N A N C I A L R E V I E W2 0Table of ContentsThis report may contain projections
6、or other forward-looking statements regarding future events or the future financial performance of the Company.These projections or statements are only predictions.Actual events or results may differ materially from those in the projections or other forward-look-ing statements set forth herein.Among