Juniper Networks Announces New Reseller Partnership in Korea
Korean Reseller Channel Expanded with LG CNS
SUNNYVALE, Calif., October 8, 2003 - Juniper Networks, Inc. (Nasdaq: JNPR) today announced a reseller agreement with major Korean-based IT services company LG CNS. Under the terms of the agreement, LG CNS will resell and support Juniper Networks solutions to service providers and information intensive enterprises in Korea.
"Partnering with Juniper Networks provides an opportunity for us to offer carrier-class routing platforms that are well respected in the Korean market for high performance, security, reliability and scale," said Do-Hyun Kim, vice president, Infra Solutions Division for LG CNS. "We are delighted to have this relationship with an acknowledged leader in the IP infrastructure market."
LG CNS, a subsidiary of the $91 billion LG Group, is Korea's first and largest IT services provider. Based in Seoul with branches in the Philippines, China and Malaysia, LG CNS has a staff of more than 5,700 and revenues last year of $1 billion. The company serves the telecommunications market, as well as the financial, government and enterprise sectors.
LG CNS will become part of the Juniper Networks Reseller Partner Program, which provides access to best-in-class IP solutions, sophisticated technical support and training, executive sponsorship and global account strategic support.
"We are pleased to welcome LG CNS to our Reseller Partner Program," said Jim Dolce, executive vice president, Worldwide Field Operations for Juniper Networks. "LG CNS holds a leadership position in this market, having well established relationships with the LG Group companies as well as with a broad range of public and private companies. We look forward to working together to help build out Korea's IP network infrastructure for delivering profitable, differentiated services."
About LG CNS
LG CNS, the leading IT service company in South Korea, provides a total solution package for clients' successful businesses in various industries. In 1987, LG CNS began its services with the consolidation of all the system management service offices of over 40 LG group subsidiaries and then pushed into the public and government sector. The company became the top system integrator in this sector.
Since then, LG CNS has been the market leader with a broad range of knowledge, IT specialists, and best quality services through continuous investment in R&D and education as well as its experience in successful business performance.
LG CNS has actively expanded its business overseas to establish local corporations in the Philippines, China, Japan and Singapore, etc. and has about 1,400 customers worldwide. The company announced a plan to obtain 1.3 billion US dollars, 10 percent of its total sales from overseas capital markets this year. More information can be found on the LG CNS website: http://www.lgcns.com/lgcns_e/index.jsp.
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. ERX, ESP, E-series, Internet Processor, J-Protect, JUNOS, JUNOScript, JUNOSe, M5, M10, M20, M40, M40e, M160, M-series, NMC-RX, SDX, T320, T640, and T-series are trademarks of Juniper Networks, Inc. All other trademarks, service marks, registered trademarks, or registered service marks are the property of their respective owners.