Juniper Networks Intends to File Shelf Registration Statement
SUNNYVALE, Calif., July 20, 2010 - Juniper Networks® (NYSE: JNPR) announced today that concurrently with the filing of its upcoming 10-Q, it intends to file a universal shelf registration statement on Form S-3 with the Securities and Exchange Commission (SEC). This shelf registration statement will replace Juniper's prior shelf registration statement, which has expired, and will give Juniper the ability to register the offer and sale from time to time of up to an aggregate of $1.5 billion of securities, which may consist of common stock, preferred stock, debt securities, warrants, depositary shares, or units consisting of any of the foregoing. The terms of any offering under the shelf registration statement will be determined at the time of offering. While Juniper does not have any immediate plans to offer securities under this shelf registration, it is intended to give Juniper flexibility to take advantage of financing opportunities as needed or deemed desirable in light of market conditions.
Juniper does not intend for these statements to constitute an offering of any securities for sale or the solicitation of an offer to buy any securities of Juniper. The offering of Juniper securities will be made only by means of a prospectus.
About Juniper Networks
From devices to data centers, from consumers to the cloud, Juniper Networks delivers innovative software, silicon and systems that transform the experience and economics of networking. The company serves more than 30,000 customers and partners worldwide, and generated more than $3 billion in revenue over the last year. Additional information can be found at www.juniper.net.
Juniper Networks and Junos are registered trademarks of Juniper Networks, Inc. in the United States and other countries. The Juniper Networks and Junos logos are trademarks of Juniper Networks, Inc. All other trademarks, service marks, registered trademarks, or registered service marks are the property of their respective owners.
Forward Looking Statements
Certain statements contained in this press release are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which are subject to the "safe harbor" created by those sections. These statements can be identified by the terms "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "plan," "potential," "predict," "project," "should," "will" and similar expressions which are intended to identify forward-looking statements. In addition, any underlying assumptions are forward-looking statements
By their nature, forward-looking statements: (i) speak only as of the date they are made, (ii) are not guarantees of future performance or results and (iii) are subject to risks, uncertainties and assumptions that are difficult to predict or quantify. Therefore, actual results could differ materially and adversely from those forward-looking statements as a result of a variety of factors, including all the risks discussed in Part 1, Item 1A - "Risk Factors" in Juniper Networks' Annual Report on Form 10-K for the fiscal year ended December 31, 2009 and any subsequent Quarterly Report on Form 10-Q. Investors are cautioned not to place undue reliance on such statements, which speak only as of the date of presentation. Unless required to do so under U.S. federal securities laws or other applicable laws, Juniper Networks does not intend to update or revise any forward-looking statements.