(Source: MARKETWIRE)

Cisco(R) (NASDAQ: CSCO) is extending the acceptance period for its
recommended public cash offer to acquire all outstanding shares in
TANDBERG (OSLO: TAA.OL). The extended offer period expires at 5:30 pm
(CET) on November 18, 2009.
The terms and conditions set out in the offer document remain in
place during the extended offer period. The offer document has been
sent to all registered shareholders of TANDBERG as of October 2,
2009, and is also available on Carnegie's web site: www.carnegie.no.
As announced on October 1, 2009, the board of TANDBERG has
unanimously recommended that shareholders accept a voluntary cash
offer for 100 percent of the shares of TANDBERG. A cash consideration
of NOK 153.50 will be offered per share, valuing the total share
capital of TANDBERG at approximately NOK 17.2 billion.
About Cisco
Cisco (NASDAQ: CSCO) is the worldwide leader in networking that
transforms how people connect, communicate and collaborate.
Information about Cisco can be found at http://www.cisco.com. For
ongoing news, please go to http://newsroom.cisco.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.
TANDBERG is a registered trademark or trademark in the U.S. and
certain other countries. All other trademarks are property of their
respective owners.
Forward-Looking Statements
This release may be deemed to contain forward-looking statements,
which are subject to the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995, including the expected
completion of the acquisition and the time frame in which this will
occur, the expected benefits to Cisco from completing the
acquisition, the impact of the combined company on relevant markets
and plans regarding TANDBERG personnel. 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, among other things, obtaining a sufficient number
of tendered shares of common stock and regulatory approval of the
acquisition, the potential impact on the business of TANDBERG due to
the uncertainty about the acquisition, the retention of employees of
TANDBERG and the ability of Cisco to successfully integrate TANDBERG
and to achieve expected benefits, business and economic conditions
and growth trends in the networking industry, customer markets and
various geographic regions, global economic conditions and
uncertainties in the geopolitical environment and other risk factors
set forth in Cisco's most recent report on Form 10-K. Any
forward-looking statements in this release are based on limited
information currently available to Cisco, which is subject to change,
and Cisco will not necessarily update the information.
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Press Contact:
Cisco International:
Heather Dickinson
+44 (0)20 8824 6049
hdickins@cisco.com
Cisco United States:
Kristin Carvell
+1 408 424 0206
kcarvell@cisco.com
Analyst Contact:
Main Contact:
Melissa Selcher
+1 408 424 1335
mselcher@cisco.com
Investor Relations Contact:
Main Contact:
Laura Graves
+1 408 526 6521
lagraves@cisco.com
International Contact:
Matt Hardwick
+44 (0)20 8824 1970
mahardwi@cisco.com
SOURCE: Cisco
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