Juniper Reports 2Q

SUNNYVALE, CA -- Juniper Networks, Inc. (NASDAQ: JNPR) today reported its revenue results for the quarter ended June 30, 2006.

Net revenues for the second quarter of 2006 were $567.5 million, compared with $493.0 million for the same quarter last year, an increase of 15 percent.

Net cash and investments increased over $200M during the second quarter of2006 to $2.25 billion.

'We're pleased with the results for the quarter, the confidence our customers continue to place in Juniper and the strength of the business,'commented Scott Kriens, chairman and CEO, Juniper Networks. 'We see continued and expanding opportunity in the marketplace as we participate in the accelerating convergence on IP and benefit from the resulting demand for the unique capabilities of Juniper.'

Juniper Networks Inc. (Nasdaq: JNPR)