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                                  EXHIBIT 20.1

                                  PRESS RELEASE


Cisco to Invest US$1 Billion in KPMG to Expand Global Internet Services for
Service Provider and Enterprise Market

Joint Venture will Add 4,000 KPMG Engineers to Support Deployment of
Cisco Networks


SAN JOSE, Calif. & NEW YORK, NY -- August 9 -- Cisco Systems, Inc. and KPMG LLP
today announced that Cisco plans to invest more than US$1 billion in KPMG's
market-leading Internet services business, focusing on telecommunications and
enterprise markets. Both companies have signed a letter of intent and KPMG's
board of directors has voted to approve the investment.

Under the terms of this letter of intent, KPMG, the leading  e-Engineer in the
marketplace, will add 4,000 Internet integrators over the next 18 months. These
engineers will help develop and deliver Internet-based data, voice and video
services to clients  secured by Cisco's  6,000-person  strong sales force. The
demand for Internet-based  communications services is equally significant
worldwide, and KPMG's consultants will also service expanding customer needs in
Europe, Asia and Latin America.

"We chose to make an  investment in KPMG's consulting business because KPMG
understands how the Internet will reshape the future of all  businesses," said
John Chambers,  president and CEO, Cisco Systems. "KPMG played an integral role
in moving Cisco's own business to the web, where today we are the  worldwide
leader in e-commerce and in using Internet applications to manage our business.
Under this joint venture, our customers can now count on the Internet systems
expertise of Cisco and the Internet solutions expertise of KPMG, a significant
combination for any company that wants to move their business to the Internet
and participate in the emerging Internet Ecosystem of connected businesses and
customers."

"Any company  today  planning to move their  business to the Internet  naturally
thinks of  partnering  with Cisco first, the market leader in  networking  for
Internet," said Stephen G. Butler, chairman and CEO of KPMG LLP. "As the market
leader in Internet integration services, KPMG prides itself on delivering the
best possible solutions to our Internet customers, and we believe that this
relationship with Cisco will further enhance our ability to meet the challenges
our clients face in this rapidly evolving new economy."

To better serve customers, KPMG will build six Internet innovation centres, work
closely with personnel in Cisco sales offices and provide additional support to
Cisco's existing customers. KPMG's consulting unit will support customers in the
telecommunications and enterprise markets, respectively.

Cisco and KPMG expect to sign a definitive  agreement and close the  transaction
in September 1999. The transaction is subject to a number of closing conditions,
including obtaining government approvals. KPMG will incorporate its consulting
practice as "KPMG  Consulting,"  and Cisco will be represented on KPMG
Consulting's board of directors upon approval of the transaction by the firm's
partners.


Cisco Systems

Cisco Systems, Inc. (NASDAQ:CSCO) is the worldwide leader in networking for
the Internet.
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