Cisco Systems and Scientific-Atlanta Deal Passes Crucial Legal Stage

January 3rd, 2006 -- Cisco Systems, Inc. and Scientific-Atlanta, Inc. today announced in connection with Cisco's pending acquisition of all of the outstanding shares of Scientific-Atlanta, that the waiting period for US antitrust review under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 was terminated on December 30, 2005.

Cisco make IP routers, switches, access systems, and home networking products. The accquisition of Scientific-Atlanta is expected to allow Cisco to further penetrate the IPTV market by utilising Scientific-Atlanta's expertise in developing set-top cable boxes, video distribution systems, and other equipment that enable telephony, video, and Internet access services

The transaction remains subject to regulatory approval by competition authorities in various jurisdictions outside the United States. As previously announced on November 18, 2005, Cisco will pay $43 per share in cash in exchange for each share of Scientific-Atlanta, and assume outstanding options, for an aggregate purchase price of approximately $6.9 billion, or approximately $5.3 billion net of Scientific-Atlanta's existing cash balance.

For more information about Cisci please visit http://www.cisco.com

For more information about Scientific-Atlanta please visit http://www.scientificatlanta.com