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Alan L. Earhart Joins NetScreen Technologies Board of Directors

January 13, 2003

Sunnyvale, CA - January 13, 2003—NetScreen Technologies, Inc. (Nasdaq: NSCN), today announced that Alan L. Earhart, former managing partner of the Silicon Valley offices of PricewaterhouseCoopers LLP, has been elected to NetScreen's board of directors.

With more than 30 years experience as an auditor for PricewaterhouseCoopers (PWC) and its predecessor companies, Earhart brings a wealth of experience in working with leading Silicon Valley companies. During his tenure at PWC, Earhart was the executive partner of the Cisco Systems account and the engagement partner for Varian Inc., Polycom Inc. and several other clients. He first joined Coopers & Lybrand's San Francisco office in 1970 and became audit partner for its San Jose office in 1980 where he served numerous technology companies in the Bay Area. In 1991, he became managing partner of the San Jose office and in 1994 Earhart was promoted to San Francisco regional managing partner responsible for several offices located in the western United States. Earhart's last position at PWC was managing partner for PWC's Silicon Valley offices until his retirement in 2001.

"Alan brings an extraordinary amount of experience to NetScreen's board," said Robert Thomas, NetScreen's president and chief executive officer. "His experience, leadership and vision will be a tremendous asset to NetScreen and we look forward to his contributions as a member of our audit committee."

Earhart joins board members Robert Thomas and Feng Deng of NetScreen, Michael Goguen of Sequoia Capital, Katherine Jen of AsiaTech Management, Frank Marshall, private investor, Thomas Mendoza of Network Appliance and Victor Parker of Spectrum Equity Investments.

About NetScreen Technologies

NetScreen Technologies, Inc., is a leading developer of integrated network security solutions that offer the security, performance and total cost of ownership required by enterprises and carriers. NetScreen's innovative solutions provide key security technologies, such as virtual private network, denial of service protection, firewall and intrusion prevention, in a line of easy-to-manage security appliances and systems. NetScreen is located at 805 11th Ave, Sunnyvale, CA 94085. More information on NetScreen's products can be found at http://www.netscreen.com or by calling toll free at 1-800-638-8296.

NetScreen is a trademark of NetScreen Technologies, Inc. Other trademarks are the property of their respective owners.

This press release contains forward-looking statements about events and circumstances that have not yet occurred. Statements containing words such as "will," "expects," "believes," "growing," and other statements in the future tense are forward-looking statements. Actual outcomes and results may differ materially from the expectations contained in these statements due to a number of risks and uncertainties. These risks and uncertainties include volatility in the Internet infrastructure and networking market, increased competition, long sales cycles, and unpredictability of future quarters and product related risks such as whether new products will be introduced and if introduced, whether new and existing products will perform as expected. Detailed information about potential factors that could affect NetScreen's business, financial condition and results of operations is included in the company's period reports on Form 10-Q and 10-K, including (without limitation) under the captions, "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations," which are on file with the Securities and Exchange Commission (the "SEC") and available at the SEC's website at www.sec.gov. The company undertakes no responsibility to update the information in this press release if any forward-looking statement later turns out to be inaccurate.

 

Phone: 408-543-8125
David Gennarelli
E-mail: dgennarelli@netscreen.com

 

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