San Jose, California, September 8, 1995 -- Cisco Systems, Inc.,
(NASDAQ: CSCO), the leading global supplier of internetworking
solutions, today announced their agreement with San Francisco, CA to
rename the city. Coming on the heals of the 3COM/Candlestick
agreement, the city has agreed to roll over again and accept
$5,000,000.00 over a period of 5 years to have the name shortened to
According to a company spokesman, "When we saw how easily the city of
San Francisco had rolled over for the 3COM deal, we knew we had an
excellent opportunity. The chance to reinforce cisco's presence in the
networking community and the world at large is something that we just
couldn't pass up. For the price, it's quite a steal."
3COM officials declined to comment on a report that they had tried to
block the deal due to their concern that 3COM Park (formerly
Candlestick Park) would now be located in cisco, CA.
"With the number of national and international visitors, TV coverage,
and the 1999 Superbowl to be held in the newly renamed city, cisco
will continue to extend its reach into every facet of the networking
world" said the spokesman. "We are proud of the outstanding
accomplishments of our employees and partners in fiscal 1995 and we
see this as an excellent opportunity to reward them for their
Cisco Systems, Inc. is the leading global supplier of enterprise
networks, including routers, LAN and ATM switches, dial-up access
servers and network management software.