IntelliSpace Denies Cisco ClaimIntelliSpace Denies Cisco Claim

NEW YORK -- IntelliSpace, the world's first Ethernet IP broadband services provider, expressed disappointment today with a recent Cisco Systems (Nasdaq: CSCO) release, dated December 6, 2001, suggesting that IntelliSpace is physically deploying Cisco routers globally throughout its network, inclusive of IntelliSpace Internet Points-of-Presence (PoPs). "IntelliSpace purchased only two Cisco routers several months ago for deployment in two PoPs in one city," stated Jeff Allen, President and CEO, IntelliSpace. "It might be possible that Internet traffic passing through these two Cisco routers could travel the world, but that is very different than IntelliSpace actually deploying, or planning to deploy Cisco routers throughout our network. We have no plans to deploy Cisco routers throughout our network." Mr. Allen continued, "currently IntelliSpace has more than 1,500 Riverstone (Nasdaq: RSTN) routers representing approximately 90% of the IntelliSpace network. These Riverstone routers do an excellent job of supporting Internet services to the more than 75,000 IntelliSpace business users, located in more than 200 cities and communities throughout the United States and United Kingdom." IntelliSpace