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Juniper Networks Founder and CTO, Pradeep Sindhu Named Leader in Technology at Inaugural CNBC Technology Leadership Awards Event

SUNNYVALE, Calif., November 18th, 2005 - Juniper Networks, Inc. (NASDAQ: JNPR) today announced that vice chairman, chief technical officer and founder, Pradeep Sindhu, has been named Leader in Technology at the inaugural CNBC Technology Leadership Awards gala held in San Francisco earlier this week. Sindhu was chosen by an industry panel of judges for his contributions to the telecommunications industry over the course of the last two decades.

Sindhu was awarded in large part for his role in introducing the Infranet Initiative, a new model for a secure and reliable network of the future. The idea achieved industry-wide support from a broad spectrum of telecom carriers and IT companies.

Before founding Juniper Networks, Sindhu was at the Computer Science Lab at Xerox PARC, where he worked on design tools for VLSI and high-speed interconnects for shared-memory multiprocessors. This work led to the commercial development of Sun Microsystems' first high-performance multiprocessor system family which included the SS1000 and SS2000. Sindhu played key roles in the architecture, design, and development of these machines. Sindhu holds a Ph.D. in Computer Science from Carnegie-Mellon University.

"It is fitting that Pradeep is receiving this award for technology leadership as Juniper approaches its ten year anniversary," said Scott Kriens, Juniper Networks' chairman, and chief executive officer. "Pradeep founded the company to help solve the biggest and most complex problem the telecom industry faced at the time - that of the performance of the Internet. Ten years later, Juniper is still committed to solving the hard problems and challenging the status quo - and we have Pradeep's unswerving dedication to innovation to thank for that."

CNBC invited all Fortune 1000 companies to nominate their head of information technology for one of the award categories. An internal committee at CNBC reviewed all the submissions and narrowed down the field to the top contenders in each category - leader in technology, finance, manufacturing and overall technology. CNBC then prepared dossiers on each finalist, which were provided to our esteemed judges: Dr. James Cash, Director, Consulting Services, The Cash Concours Group; Esther Dyson, Editor, Release 1.0, CNET Networks; John Hagel, Management Consultant & Author; and Dr. Shirley Jackson, President, Rensselaer Polytechnic Institute. They deliberated over our impressive group of nominees and chose this year's four winners.

About Juniper Networks, Inc.

Juniper Networks is the leader in enabling secure and assured communications over a single IP network. The company's purpose-built, high performance IP platforms enable customers to support many different services and applications at scale. Service providers, enterprises, governments and research and education institutions worldwide rely on Juniper Networks to deliver products for building networks that are tailored to the specific needs of their users, services and applications. Juniper Networks' portfolio of proven networking and security solutions supports the complex scale, security and performance requirements of the world's most demanding networks. Additional information can be found at www.juniper.net.

Juniper Networks and the Juniper Networks logo are registered trademarks of Juniper Networks, Inc. in the United States and other countries. JUNOS is a trademark of Juniper Networks, Inc. All other trademarks, service marks, registered trademarks, or registered service marks are the property of their respective owners.