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Siemens Enhances Telefónica Latinoamericana IP network in Peru with Solutions from Juniper Networks

MUNICH, Germany and LIMA, Peru, March 25 /PRNewswire-FirstCall/ - Siemens Information and Communication Networks (NYSE: SI) (IC Networks) today announced deployment of the Juniper Networks (Nasdaq: JNPR) E-series with the SDX-300 Service Deployment System (SDX) for the expansion of Telefónica del Peru's (TDP) IP network. The E-series will provide multiple functions for TDP including broadband aggregation and IP Transport. The SDX will be used in combination with the E-series to facilitate the nationwide deployment of IP-based services, such as Virtual Private Networks (VPNs) and Quality of Service (QoS).

TDP selected the E-series and the SDX to extend the functionality of their next generation ADSL network infrastructure. By opting for the E-series, TDP is broadening the capabilities of its network infrastructure to enable the successful roll-out of IP-based services for residential and business customers.

"The Juniper E-Series, along with Siemens' system integration capabilities, allows Telefónica del Peru to strengthen its network structure, thus increasing stability and scalability and enabling fast growth in terms of subscriber and service activation," says Miguel Osorio, TDP's director of network operations. "We plan to add additional nodes as international peering routers in the first quarter of this year with further expansion of the network by mid 2003," concluded Mr. Osorio.

"We chose Juniper Networks technology because of its superior flexibility that enables us to deploy broadband remote access server (BRAS) and Edge Routing services from a single platform with a high performance and availability, while the excellence of Siemens system integration and support ensures a highly reliable and stable network operation," says Rafael Pereira, TDP's director of network development.

About Telefónica del Peru

Telefónica del Peru is controlled directly through Telefónica Internacional S.A. and Telefónica Peru Holding SAC, with approximately 97% of its capital with shares negotiated in Lima and New York stock markets. Telefnica Economic Group has Telefónica SA, the group head in Spain, and for different business lines to local companies, such as Telefónica Peru Holding SAC, Telefónica del Peru, Data Peru and Moviles Holding and their subsidiaries. According to its wide and innovative offer of services, Telefónica del Peru is the leading company in the telecommunications market in Peru.

About Siemens Information and Communication Networks

Siemens Information and Communication Networks (IC Networks) is a leading provider of network technology for enterprises, carriers and service providers. Its comprehensive portfolio - HiPath for enterprises, SURPASS for carriers - comprises IP-based convergence solutions for voice and data, a full range of solutions for broadband access, and optical transport networks. The Siemens Group thus provides complete solutions from a single source for the infrastructure of the Next Generation Network - optimized for a prompt return on investment and to open up new business opportunities for customers. In fiscal 2002 (year-end 30 September) IC Networks posted sales of EUR 9.6 billion.

Further information about ICN is available at: http://www.siemens.com/networks

This press release contains forward-looking statements based on beliefs of Siemens' management. The words "anticipate," "believe," "estimate," "forecast," "expect," "intend," "plan," "should," and "project" are used to identify forward-looking statements. Such statements reflect the company's current views with respect to future events and are subject to risks and uncertainties. Many factors could cause the actual results to be materially different, including, among others, changes in general economic and business conditions, changes in currency exchange rates and interest rates, introduction of competing products, lack of acceptance of new products or services and changes in business strategy. Actual results may vary materially from those projected here. Siemens does not intend or assume any obligation to update these forward-looking statements.

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.