Cisco 2009 Annual Report Download - page 82

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Notice of Annual Meeting
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Forward-Looking Statements
This Annual Report contains forward-looking statements regarding future events and our future results that are subject to the safe harbors
created under the Securities Act of 1933 and the Securities Exchange Act of 1934, each as amended. These statements are based on
current expectations, estimates, forecasts, and projections about the industries in which we operate and the beliefs and assumptions of our
management. Words such as “expects,” “anticipates,” “targets,” “goals,” “projects,” “intends,” “plans,” “believes,” “seeks,” “estimates,”
“continues,” “endeavors,” “strives”, “vision,” “strategy,” “may,” variations of such words, and similar expressions are intended to identify such
forward-looking statements. In addition, statements that refer to the following are forward-looking statements: our business strategy
including product revenue and market leadership goals; industries, geographies, and other factors underlying our anticipated growth; trends
in our industry; key market opportunities such as Web 2.0, collaboration, the data center, and video, and our responses to such opportunities;
the network becoming the platform for all forms of communications and information technology, and the network’s increasing influence on
the manner in which people work, live, play, and learn; the next phase of the Internet and its potential applications; our future competitive
position; our ability to recognize and the speed with which we act upon market transitions, through new management models and otherwise;
customer appreciation of and the strategic value of our products; and other characterizations of future events or circumstances. Readers are
cautioned that these forward-looking statements are only predictions and may differ materially from actual future events or results due to a
variety of factors, including: business and economic conditions and growth trends in the networking industry, our customer markets, and
various geographic regions; global economic conditions and uncertainties in the geopolitical environment; overall information technology
spending; the growth and evolution of the Internet and levels of capital spending on Internet-based systems; variations in customer demand
for products and services, including sales to the service provider market and other customer markets; the return on our investments in
certain market adjacencies and geographical locations during the current economic downturn; the timing of orders and manufacturing and
customer lead times; changes in customer order patterns or customer mix; insufficient, excess, or obsolete inventory; variability of
component costs; variations in sales channels, product costs, or mix of products sold; our ability to successfully acquire businesses and
technologies and to successfully integrate and operate these acquired businesses and technologies; increased competition in our product
and service markets, including the data center; dependence on the introduction and market acceptance of new product offerings and
standards; rapid technological and market change; manufacturing and sourcing risks; product defects and returns; litigation involving
patents, intellectual property, antitrust, shareholder, and other matters, and governmental investigations; natural catastrophic events; a
pandemic or epidemic; our ability to achieve the benefits anticipated from our investments in sales and engineering activities; our ability to
recruit and retain key personnel; our ability to manage financial risk, and to manage expenses during the current economic downturn; risks
related to the global nature of our operations, including our operations in emerging markets; currency fluctuations and other international
factors; changes in provision for income taxes, including changes in tax laws and regulations or adverse outcomes resulting from
examinations of our income tax returns; potential volatility in operating results; and other factors listed in Cisco’s most recent reports on
Forms 10-K and 10-Q. The financial information contained in this Annual Report should be read in conjunction with the consolidated financial
statements and notes thereto that are included in this report. Our results of operations for the year ended July 25, 2009 are not necessarily
indicative of our operating results for any future periods. We undertake no obligation to revise or update any forward-looking statements for
any reason.
80 Cisco Systems, Inc.