WESTFORD, Mass., June 12, 2001 /PRNewswire/ -- NetScout Systems
(Nasdaq: NTCT) announced today that it will offer its nGenius(TM) Probes
direct or through channel partners to Cisco Systems, Inc. customers, in lieu
of a previous private label arrangement. Cisco will no longer resell these
products under the Cisco SwitchProbe private label. This transition was
precipitated by the two companies' need to evolve the sales and support model
to better meet changing customer requirements and the current business
climate.
NetScout has a long-standing strategic relationship with Cisco, which will
continue. As part of that relationship, Cisco has now included NetScout's
nGenius Real-Time Monitor(TM) software as part of CiscoWorks2000 Routed WAN
and LAN Management Solutions. NetScout is also a member of the Cisco AVVID
(the Architecture for Voice, Video and Integrated Data) Partner Program. The
Cisco AVVID Partner Program is an interoperability testing and co-marketing
program enabling leading product and services firms to deploy innovative e-
business solutions.
"As a leading network performance management solution provider, we will
continue to work with Cisco to provide its customers with our innovative
solutions," said Anil Singhal, president and CEO of NetScout Systems, "While
we expect some near-term disruption of sales as we assume responsibility for
the broad probe distribution achieved through Cisco, the investments we have
been making in our worldwide sales and support infrastructure for the past two
years have increased our readiness to transition these customer relationships
successfully. We are committed to working closely with Cisco to ensure
customer satisfaction and a smooth transition."
"Network monitoring and troubleshooting are critical components of Cisco
AVVID. We will continue to work closely with NetScout to provide our customers
with probes and solutions for managing converged networks," said John
McCormack, Senior Director of the Cisco Enterprise Management Business Unit.
"That is why we are now shipping NetScout's nGenius Real-Time Monitor software
to Cisco customers, worldwide, as part of CiscoWorks 2000 Routed WAN and LAN
Management Solutions."
For customers wanting more information about this change, or to register
for a free promotional offer, please visit NetScout's Web site at
http://www.netscout.com, or call NetScout at 1-800-309-4804.
The Company invites shareholders and investors to listen into a conference
call today at 5:00 pm EST, which will be Webcast live through the Company's
Website at http://www.netscout.com. The numbers for the call are (800) 595-
9010 (US/Canada) and (719) 457-2624 (non-US), passcode 610254 or "NetScout." A
replay of the call will be available for approximately one week at (888) 203-
1112 (U.S./Canada) and (719) 457-0820 (non-US), passcode 610254.
About NetScout Systems
NetScout Systems, Inc. is a leading provider of infrastructure performance
management solutions for leading companies and service providers worldwide.
NetScout serves approximately half of the Fortune 500 and counts among its
customers 3M Corporation, AT&T, Datek Online, Bristol-Myers Squibb,
Amazon.com, Webhire, Intel Online, Fidelity Investments and Sun Microsystems.
NetScout's nGenius(TM) Performance Management System is a solutions-based
system offering advanced monitoring and reporting applications suites that
draw on the rich performance data generated by NetScout's real-time,
application-aware probe suite, advanced intelligent software agents, and
network devices. The nGenius System helps organizations increase their return
on infrastructure investments by optimizing the performance of their network,
applications and content. NetScout is headquartered in Westford, Massachusetts
and has approximately 360 employees, with offices in North America, Europe and
Asia. Further information on the company is available on the World Wide Web at
www.netscout.com.
Forward-looking statements in this release are made pursuant to the safe
harbor provisions of Section 21E of the Securities Exchange Act of 1934.
Investors are cautioned that statements in this press release which are not
strictly historical statements, including the plans, objectives and future
financial performance of NetScout, constitute forward-looking statements which
involve risks and uncertainties. Actual results could differ materially from
the forward-looking statements. Risks and uncertainties which could cause
actual results to differ include, without limitation, risks and uncertainties
associated with the company's strategic relationships with Cisco Systems and
other partners, dependence upon broad-based acceptance of the company's
infrastructure performance management solutions, the company's ability to
achieve and maintain a high rate of growth, introduction and market acceptance
of new products and product enhancements such as the delivery of nGenius
product platform probes and software solutions, the ability of NetScout to
take advantage of service provider opportunities, competitive pricing
pressures, reliance on sole source suppliers, successful expansion and
management of indirect distribution channels, and dependence on proprietary
technology, as well as risks of slowdowns or downturns in economic conditions
generally and in the market for infrastructure performance management
solutions specifically. For a more detailed description of the risk factors
associated with the company, please refer to the company's Annual Report on
Form 10-K for the fiscal year ended March 31, 2000, and Quarterly Report on
10-Q for the quarter ended December 31, 2000, on file with the Securities and
Exchange Commission.
NetScout is a registered trademark, and the NetScout logo, nGenius,
nGenius Application Service Level Manager, nGenius Real-Time Monitor and
nGenius Capacity Planner are trademarks of NetScout Systems, Inc.
/CONTACT: Peggy Flynn, Director, Investor Relations of NetScout Systems,
978-614-4162, flynnp@netscout.com; or Bill Zima, Associate Director Technology
Consulting of Thomson Financial, 212-510-9261, or bill.zima@tfn.com, for
NetScout Systems, Inc./
SOURCE NetScout Systems