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Verizon to Speed Deployment of Leading-edge Applications for Enterprise Customers with Routing Platforms from Juniper Networks

Company Signs Comprehensive Master Purchase Agreement for E-Series Edge Routers

SUNNYVALE, Calif., June 25, 2003 - Juniper Networks, Inc. (Nasdaq: JNPR) today announced the completion of a Master Purchase Agreement with Verizon, one of the world's leading providers of communications services. Under this multi-year contract, Juniper E-series routers will be deployed to support a variety of next-generation edge services.

The first phase of the new deployment will support Verizon's "Enterprise Advance" initiative aimed at Fortune 1000 corporations, government, finance, education and healthcare entities. Verizon selected Juniper Networks E-series for its innovative features, reliable performance and ability to consolidate a wide range of IP-based services in a single platform over a variety of media including leased line, Frame Relay, ATM, DSL, Ethernet and wireless. This versatility provides for rapid introduction of new services and lowers both capital and operational costs.

The E-series is an integrated platform that combines IP services capabilities with provider-class edge routing. Its flexible architecture will enable Verizon to deliver a host of value-added services such as secure Virtual Private Networks (VPNs) using multi-protocol label switching (MPLS), DSL aggregation, commercial wireless hot spots (WiFi) and Transparent LAN Service (TLS), all with enhanced Quality of Service (QoS). Unique to the E-series is its ability to dynamically define and activate policy-based IP services for each subscriber through the optional SDX-300 Service Deployment System.

"The service edge is a critical element in creating the customer's overall IP experience," said Jim Dolce, executive vice president of field operations, Juniper Networks. "With the deployment of the E-series, Verizon has created a visionary edge infrastructure that will both scale and strengthen its IP service offerings."

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.