Vengroff, Williams & Associates Named Cisco Systems? Best Business Partner Of The Year For The Second Consecutive Year

Vengroff, Williams & Associates, Inc. (VWA), the global leader in the receivable management industry, today announced that it has been named Cisco Systems, the worldwide leader in networking for the Internet, Best Business Partner of the Year for 2001. This marks the second consecutive year VWA has been awarded this honor.

?VWA is very proud to be the recipient of this award from Cisco for the second consecutive year. It means a great deal to our organization to be recognized in this way by one of our partners,? said Mark Vengroff, president of Vengroff, Williams & Associates.

VWA manages over $250 million in receivables for Cisco?s domestic and international operations and currently has more than eighty employees working at Cisco?s Singapore, Nevada, and California operations.

About Cisco Systems
Cisco Systems, Inc. (NASDAQ:CSCO) is the worldwide leader in networking for the Internet. News and information are available at www.cisco.com/news.

About Vengroff Williams & Associates, Inc.
Vengroff Williams & Associates, Inc. is a global leader and innovator for the receivables management industry. With more than 39 years of experience in asset management, the company is able to implement more sophisticated strategies to meet customer needs. The company offers a myriad of services such as third party collections, credit investigations, liquidations, factoring, billing, outsourcing and other financial services. To learn more, visit us at www.vwainc.com.