Juniper Networks Expands Board of Directors With Appointment of Stratton Sclavos; President and CEO of VeriSign Brings Internet Expertise

Business Wire, July 13, 2000

Business Editors/High-Tech Writers

SUNNYVALE, Calif.--(BUSINESS WIRE)--July 12, 2000

Juniper Networks, Inc. (NASDAQ:JNPR) announced today the appointment of Stratton Sclavos, president and CEO of VeriSign, to the board of directors.

"Stratton brings a rare combination of vision, coupled with the proven ability to deliver, as evidenced by the success of VeriSign," said Juniper Networks(R) CEO, Scott Kriens. "Stratton's experience in building VeriSign into an internet infrastructure franchise will bring invaluable insight to the future success of Juniper Networks," said Kriens.

"As the Internet and its uses continue to expand on a global basis each day, Juniper Networks is well positioned to deliver the world-leading products that will meet the performance and flexibility needed for the next generation of applications," said Stratton Sclavos. "I'm honored to be joining the board of directors and I'm looking forward to helping Scott and the Juniper Networks team build a great company that can deliver on this promise," said Sclavos.

Mr. Sclavos joined VeriSign as president and chief executive officer in July of 1995. Under his guidance the company has quickly grown to become the market leader in trusted certification services for the Internet. The company has been first to market with online Digital IDs for secure Web servers, browsers, e-mail packages, and payment applications and maintains a commanding market share in all the segments it serves. This relentless first to market approach has allowed the company to forge marketing and service relationships with the premier companies involved in Internet commerce including AOL, Microsoft, Netscape, and VISA International.

Prior to joining VeriSign, Mr. Sclavos held executive management positions with several Silicon Valley technology companies. From 1994 to 1995, he was Vice President of Worldwide Marketing and Sales for Taligent Inc., a joint venture of Apple, IBM, and Hewlett Packard. Mr. Sclavos served as Vice President of Worldwide Sales and Business Development for GO Corporation, a mobile computing company, from 1992-1993 culminating in the company's eventual sale to AT&T. Prior to that he spent five years at MIPS Computer Systems in various executive positions and as a member of the senior management team during the company's successful IPO in 1989 and subsequent merger with Silicon Graphics Inc. in 1992. Mr. Sclavos also held executive positions at Megatest Corporation, a semiconductor equipment firm, from 1982 through 1987. Mr. Sclavos holds a BS in Electrical and Computer Engineering from the University of California, Davis.

About Juniper Networks

Juniper Networks, Inc. is a leading provider of purpose-built systems that meet the scalability, performance, density, and compatibility requirements of rapidly evolving, optically enabled IP networks. The company's purpose-built systems provide new IP infrastructure solutions for the world's leading service providers. Juniper Networks service, manufacturing teams, and IP engineers work closely with customers to build and support customer networks. The company is headquartered in Sunnyvale, California. For more information, please visit the Web site at www.juniper.net.

Juniper Networks is a registered trademark of Juniper Networks, Inc. All other trademarks, service marks, registered trademarks, or registered service marks may be the property of their respective owners.