Cisco, Verizon to Host Customer Webcast

SAN JOSE, CA--(Marketwire - June 8, 2010) -  Cisco (NASDAQ: CSCO) and Verizon Business will host a live webcast to unveil new findings from a commissioned study conducted by Forrester Consulting on behalf of Cisco and discuss new opportunities in managed and cloud services for service providers and enterprises. Key findings include:

• Global managed services growth will outpace technology growth in 2010 by more than double.
• The total global managed services opportunity will be $217 billion by 2014.

Join Ellen Daley, Forrester Research vice president; Will Scott, Cisco global director of managed solutions; and Joseph Crawford, Verizon Business executive director of IT solutions, for an online discussion on these major market trends.

Date: Thursday, June 10, 2010

Time: 8 to 9 a.m. (PDT) / 11 a.m. to noon (EDT)

To attend, please register, in advance, at: Cisco Verizon Business Webcast

About Cisco Systems
Cisco (NASDAQ: CSCO), the worldwide leader in networking that transforms how people connect, communicate and collaborate, this year celebrates 25 years of technology innovation, operational excellence and corporate social responsibility. Information about Cisco can be found at http://www.cisco.com. For ongoing news, please go to http://newsroom.cisco.com.

About Verizon Business
Verizon Business, a unit of Verizon Communications (NYSE: VZ) (NASDAQ: VZ), is a global leader in communications and IT solutions. We combine professional expertise with one of the world's most connected IP networks to deliver award-winning communications, IT, information security and network solutions. We securely connect today's extended enterprises of widespread and mobile customers, partners, suppliers and employees -- enabling them to increase productivity and efficiency and help preserve the environment. Many of the world's largest businesses and governments -- including 96 percent of the Fortune 1000 and thousands of government agencies and educational institutions -- rely on our professional and managed services and network technologies to accelerate their business. Find out more at www.verizonbusiness.com.

Cisco, the Cisco logo and Cisco Systems are registered trademarks or trademarks of Cisco Systems, Inc. and/or its affiliates in the United States and certain other countries. All other trademarks mentioned in this document are the property of their respective owners. The use of the word partner does not imply a partnership relationship between Cisco and any other company. This document is Cisco Public Information.

For direct RSS Feeds of all Cisco news, please visit "News@Cisco" at the following link: http://newsroom.cisco.com/dlls/rss.html

Contact Information:

Press Contacts:
Kevin Petschow
Cisco
(773) 444.5106
kpetscho@cisco.com

Kevin Irland
Verizon Business
(703) 886.1117
kevin.w.irland@verizon.com