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In this paper, a class of recurrent neural networks with discrete and continuously distributed delays is considered. Sufficient conditions for the existence, uniqueness, and global exponential stability of a periodic solution are obtained by using contraction mapping theorem and stability theory on impulsive functional differential equations. The proposed method, which differs from the existing results in the literature, shows that network models may admit a periodic solution which is globally exponentially stable via proper impulsive control strategies even if it is originally unstable or divergent. Two numerical examples and their computer simulations are offered to show the effectiveness of our new results.