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CPCNet Chooses Juniper Networks to Boost VPN Services in Greater China

Greater China Internet Solutions Provider Opts for Scalable MPLS Platform to Profitably Deliver Customized Services

SUNNYVALE, Calif., August 5, 2003 - Juniper Networks, Inc. (Nasdaq: JNPR) today announced that CPCNet, a leading telecom and Internet service provider in the Greater China region, will expand its Greater China virtual private network (VPN) service by leveraging state-of-the-art IP routing solutions from Juniper Networks.

CPCNet, a CITIC Pacific company (SEHK: 267), has deployed the Juniper Networks M-series platforms for its TrueCONNECT private corporate network, providing a robust and scalable IP/MPLS foundation to support the reliable delivery of multiple services catering to the different communication needs of corporate customers and enterprises of various sizes.

"Nowadays, CPCNet's customers are relying more and more on TrueCONNECT to link their geographically distributed businesses, hence the unique benefits of proven reliability and scalability are of paramount importance. Juniper Networks M-series platform met our requirements," said Stephen Ho, CPCNet's Chief Executive. "The MPLS infrastructure upgrade demonstrates our company's commitment to provide our customers with high- quality and professional network services including enhanced voice, video, and data solutions over a quality network platform. This will ensure they have easy access to these advanced features in most areas throughout the Greater China region." The MPLS-optimized architecture also enables the transport of Frame Relay and ATM traffic over Layer 2 VPNs, ensuring support for both legacy traffic and new IP services over a single IP/MPLS network. This promotes network efficiency and scalability in order to take advantage of the growing demand for IP services in the Greater China region.

The Juniper Networks platforms are supporting TrueCONNECT, an end-to-end managed network, connecting Hong Kong, Beijing, Shanghai, Guangzhou, Shenzhen, Dongguan, Suzhou, Dalian, Xiamen, Taipei, and other key provinces. It leverages MPLS technology to provide a wide range of quality data, voice, video, and fax services to customers in those provinces. More Points of Presence (POPs) will be completed within 2003.

Recently, research firm IDC predicted that IP-VPN services in Asia Pacific would grow by 50 percent over the next 18 months, propelled in part by companies moving enterprise applications online. By partnering with Juniper Networks, CPCNet is offering the latest MPLS-based solutions to business users in the fast-growing Greater China market.

"The choice made by CPCNet reinforces Juniper Networks commitment to helping service providers employ new services rapidly," said Eric Yu, vice president, Greater China, Juniper Networks. "This strategy, articulated in the Model for Integrated Network Transformation (MINT), is winning support from Asian service providers, such as CPCNet, who are looking to meet the growing demand spurred by China's entry into the WTO and to differentiate themselves by cost-effectively creating customized service offerings."

About CPCNet

CPCNet Hong Kong Limited (www.cpcnet-hk.com), a 100-percent-owned company of CITIC Pacific (SEHK: 267), is a leading telecom and Internet service provider in the Greater China region. CPCNet serves the communication needs of corporations of different sizes and types with its advanced, professional-quality, network-oriented services. Through global partnerships, CPCNet offers its customers seamless communication facilities that bridge China with the rest of the world.

CPCNet offers its corporate customers a service range that goes from Connectivity solutions to Internet services, Managed and Dedicated Server Hosting, to Security Services such as Intrusion Detection Services and the latest IP-Virtual Private Network Solutions.

During 2002, CPCNet established its leading position as a provider of network-based communication services with the launch of its flagship product, "TrueConnect", a value-added and managed IP-VPN service to business customers in the Greater China area. CPCNet's coverage in Mainland China includes Beijing, Shanghai, Guangzhou, Shenzhen, Dongguan, Dalian, Fuzhou, Suzhou, Zhongshan, Taipei and Xiamen. More POPs are planned for 2003. Customers include listed companies in Hong Kong, Taiwan, the USA and other countries.

With a strong heritage, and a keen dedication to constant improvement and enhancement of its products and services, CPCNet thrives to maintain its unique leading position in the Chinese market making it an integral part of CITIC Pacific's communication business.

About The MINT

The Model for Integrated Network Transformation (MINT) outlines Juniper Networks vision for transforming the business of networking. The MINT enables companies to transition from a commodity transport business model to a more lucrative, value-added services model. The four-layer framework, which includes a Bit Transport and Connectivity Layer, Resource Segmentation Layer, Packet Processing Layer and a Policy and Control Layer, optimizes a company's capital cost structure and reduces operational costs, while also enabling significant new services to be deployed with an assured user experience.

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.