Juniper Networks Expands Board of Directors with Appointment of Kenneth Levy
SUNNYVALE, Calif., February 18, 2003 - Juniper Networks, Inc. (Nasdaq: JNPR) today announced the appointment of Kenneth Levy, chairman of KLA-Tencor Corporation, to the board of directors. Mr. Levy brings over 30 years experience in the high tech industry, having built KLA-Tencor Corporation from the ground up into a market leading, billion dollar company.
"We're pleased to welcome Ken to the Juniper Networks board," commented Scott Kriens, chairman and chief executive officer, Juniper Networks. "Ken has a keen sense for building and developing market leading companies, as well as leveraging industries in transition - his vision and insight will be invaluable as we continue to transform our business and the industry we serve."
"I'm honored to be joining the Juniper Networks board," commented Ken Levy, chairman, KLA-Tencor Corporation. "Juniper Networks has a clear vision for transforming the industry, an excellent product portfolio and a commitment to continue to innovate to meet the evolving needs of its global customer base. I'm looking forward to helping Scott and the Juniper Networks team build on its success."
Levy has been associated with the semiconductor capital equipment industry for more than 30 years. After receiving his Bachelor and Masters degrees in Electrical Engineering and spending six years in the aerospace simulation field, Levy joined the startup team at Computervision Corporation. He was responsible for Computervision's entry into the semiconductor capital equipment industry through its Cobilt Division.
Levy founded KLA Instruments Corporation in 1976. Under his leadership, KLA came to dominate new market areas in the semiconductor manufacturing instrumentation field. KLA Instruments and Tencor Instruments merged in 1997. Presently, KLA-Tencor is a billion dollar company that is the world leader in process control solutions for the semiconductor manufacturing and related industries.
In addition to his duties at KLA-Tencor, Mr. Levy serves as a director emeritus on the board of Semiconductor Equipment and Materials Institute (SEMI), and as a board member of Ultratech Stepper, Inc., and Extreme Networks. He also serves on the boards of several privately-held companies.
About Juniper Networks, Inc.
Juniper Networks transforms the business of networking by converting a commodity - bandwidth - into a dependable, secure, and highly valuable corporate asset. Founded in 1996 to meet the stringent demands of service providers, Juniper Networks is now relied upon by the world's leading network operators, government agencies, research and education institutions, and information-intensive enterprises as the foundation for uncompromising networks. Juniper Networks is headquartered in Sunnyvale, California. Additional information can be found at www.juniper.net.
Juniper Networks is registered in the U.S. Patent and Trademark Office and in other countries as a trademark of Juniper Networks, Inc. Broadband Cable Processor, ERX, ESP, G1, G10, G-series, Internet Processor, JUNOS, JUNOScript, M5, M10, M20, M40, M40e, M160, M-series, NMC-RX, SDX, ServiceGuard, T320, T640, T-series, UMC, and Unison are trademarks of Juniper Networks, Inc. All other trademarks, service marks, registered trademarks, or registered service marks are the property of their respective owners.