Cisco 2010 Annual Report Download - page 82

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Notice of Annual Meeting
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Thursday, November 18, 2010
10 a.m. Pacific Time
Forward-Looking Statement
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 revenue growth
rate and market leadership goals; extension of legacy product leadership, potentially large market adjacency opportunities, and other factors
underlying our anticipated growth; trends in our industry including categories of customers united by the productivity-enhancing power of the
network; key market opportunities such as collaboration, the data center, and video, and the potential value of such opportunities to us and to
our customers; the network as the most strategic asset in communications and information technology, and its increasing influence on the
manner in which people work, live, play, and learn; our unique and differentiated position in the industry and our ability to innovate; our ability to
act upon market transitions and capitalize on new market opportunities, through new management models and otherwise; customers relying
on us as a strategic business partner rather than merely a product technology provider; 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; 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 economic downturns; 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 31, 2010 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.