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Juniper Networks, Inc. Announces Three-for-one Stock Split

November 16, 1999

Mountain View, CA - November 16, 1999 — Juniper Networks, Inc. (Nasdaq:JNPR) today announced that its Board of Directors has approved a three-for-one stock split of the Company's outstanding shares of common stock. The stock split will entitle each stockholder of record at the close of business on December 31, 1999 to receive two additional shares for every outstanding share of common stock held on the record date. The additional shares resulting from the stock split are expected to be distributed by the transfer agent on January 14, 2000. Juniper Networks expects that its Common Stock will begin trading on a split-adjusted basis on January 18, 2000.

About Juniper Networks, Inc.

Juniper Networks, Inc., is a leading provider of next-generation Internet infrastructure systems that are designed to meet the scalability, performance, density, and compatibility requirements of rapidly evolving, optically-enabled IP networks. The company's purpose-built M40 Internet backbone router uses JUNOS software, ASICs, and wire-rate performance to provide new Internet infrastructure solutions for service providers. The M40 router is used by some of the world's leading service providers.

Juniper Networks service, manufacturing teams, and Internet engineers support the M40 router. The company is headquartered in Sunnyvale, California*, with international offices in London, UK, Tokyo, Japan and Amsterdam, The Netherlands. For more information on Juniper Networks, please contact the company at 408-745-2000 or visit the Web site at http://www.juniper.net.

Juniper Networks is a registered trademark of Juniper Networks, Inc. JUNOS and M40 are trademarks of Juniper Networks, Inc. All other trademarks, service marks, registered trademarks, or registered service marks may be the property of their respective owners.

 

Susan Ursch
Juniper Networks
Phone: 978-589-0124
sursch@juniper.net

Randi Paikoff Feigin
Juniper Networks
Phone: 408-745-2371
randi@juniper.net




 

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