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Siemens Supplies Brasil Telecom with E-series Platforms from Juniper Networks

E-series Delivers High-speed Access and Next-Generation Broadband Services For Brasil Telecom

SUNNYVALE, Calif., July 2, 2003 - Siemens and Juniper Networks, Inc. (Nasdaq: JNPR) today announced that Brasil Telecom has deployed the E-series platform for its Vetor Project throughout Brazil. Siemens Fixed Telephony Division is the consultant and system integrator for the Juniper Networks E-series platforms deployed in the Brasil Telecom network.

The Juniper Networks E-series is a reliable and integrated platform that combines rich subscriber management capabilities with provider-class edge routing and the ability to cost-effectively scale services with subscriber growth. Its flexible ASIC-based architecture will enable Brasil Telecom to deliver high-speed access and next-generation broadband services applications, such as IP VPNs, across its extensive Digital Subscriber Line (DSL) network.

According to Waldir Morgado, director of Products and Services at Brasil Telecom, the competitive advantage for the companies adopting the solution will be impressive. "Vetor provides services over broadband access five to six time faster than traditional data communications services with a 15 to 20 percent monthly cost reduction for the customer."

The Juniper Networks solution provides, in the same network, multimedia services (data, voice and image traffic) and ERP software applications, such as SAP, and tools for customer relationship management (CRM) in the same network. The Vetor Service is already available in Brasil Telecom's entire concession area in the South and Center West, and in the states Acre, Rondônia and Tocantins.

Today in Brazil, the majority of solutions available for corporate networks use only Frame Relay and dedicated IP technologies, which results in a non-integrated solution from many individual suppliers. This design approach separates the data and telephony services and leads to higher costs. The Vetor Project provides a simplified and more cost-effective solution utilizing one supplier that is responsible for the entire network.

"We are very pleased that Brasil Telecom has chosen Juniper Networks for the foundation of their Vetor Service for the deployment of broadband access and next-generation virtual private network (VPN) services," said Tim Lambie, vice president, Latin America Sales, Juniper Networks.

About Brasil Telecom

Brasil Telecom S.A. provides local, intra-regional long distance, network, data communication and other value-added services to the states of Acre, Rondônia, Mato Grosso, Mato Grosso do Sul, Tocantins, Goias, Santa Catarina, Parana, and Rio Grande do Sul, as well as the Federal District. This operating area covers 24% of the population (over 40 million people), 25% of the Brazilian GDP (approximately R$280 billion) and 33% of the nation's territory (nearly 2.8 million km). Brasil Telecom has the second largest installed base of broadband in the Latin America. Recently, Brasil Telecom acquired a stake of 19.9% of MetroRED Brasil, which will allow Brasil Telecom to continue its strategy of positioning itself as the leader in data transmission services for the corporate market, since MetroRED Brasil's system has 331 km of local and 1,496 km of long distance networks, connecting the cities of São Paulo, Rio de Janeiro and Belo Horizonte. In another recent transaction, Brasil Telecom, through its wholly owned subsidiary, BrT Serviços de Internet, acquired the entire GlobeNet cable system connecting the United States, Bermuda, Venezuela and Brazil. Today, Brasil Telecom is the second largest broadband operator in Latin America and takes the DSL technology to over 200 cities in its operation area.

About Siemens

Siemens is a global powerhouse in electrical engineering and electronics. We have more than 426,000 employees around the world working to develop and manufacture leading-edge products, design and install complex systems and projects, as well as tailor a range of dedicated solutions, in accordance with our customers' requirements. In the 150 years since our company was formed, we have amassed a vast spectrum of competencies that has been disseminated throughout our organization worldwide, creating a truly unique range of products and services. The technology offered by Siemens in the areas of Information and Communications, Automation and Control, Power, Transportation, Medical and Lighting, improves the day-to-day of people and contributes to perfect quality of life standards around the world. Siemens offers systems that can help the world overcome tomorrow's challenges.Our goal at the start of this new millennium is to boost profitability even further and increase the value of the Company. For such, Siemens will continue to do business, in the more than 190 countries it is present in, with the objective of achieving customer satisfaction, investors confidence and coworker excellence.

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.