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CitiStreet Deploys Swan Labs to Replicate 9 Million Employees' Data Over the WAN

Swan Labs' WAN Optimization, Application Acceleration, and Encryption Solution Enables Cost-Effective Performance Over the WAN

F5 Networks, Inc. (NASDAQ: FFIV) -- Swan Labs, the premier provider of enterprise application shaping solutions, today announced that CitiStreet, a State Street and Citigroup company and one of the largest global benefits delivery firms in the United States, has deployed Swan Labs. WAN Optimizer to increase the performance of data replication over the WAN. CitiStreet currently replicates the data for over 9 million participants each day, and needed to ensure the best usage of its T3 lines in order to control cost. Swan Labs' enterprise application shaping technology, which combines WAN optimization and application acceleration, enables CitiStreet to maximize the performance and usage of existing T3 lines in order to handle additional traffic as CitiStreet's customer base expands.

"As one of the largest retirement plan record keepers in the nation, we have a responsibility to backup this information on a daily basis to ensure the highest level of availability for our clients," said Barry Strasnick, Chief Information Officer at CitiStreet.

"With a growing participant base that already exceeds 9 million, we needed a solution that could ensure we were getting the most out of our existing bandwidth while still providing full encryption. Swan Labs was the only solution that combined the WAN and applications technologies we needed to ensure the absolute highest level of performance over the WAN."

After evaluating competitive solutions, CitiStreet deployed Swan Labs' enterprise application shaping products because it was the only solution that combined the best aspects of WAN optimization,application acceleration and encryption in one platform. Swan Labs' WAN Optimizer, which is currently deployed in both CitiStreet's Massachusetts and Florida data centers, provides the compression capabilities necessary to maximize throughput over the WAN while also enabling CitiStreet to send the data fully encrypted without using expensive CPU cycles on CitiStreet's large UNIX servers.

"As more and more companies are backing up data over the WAN, the cost of delivering optimal performance is becoming a debilitating factor," said Tom Tansy, VP of marketing at Swan Labs.

"By providing the most complete WAN optimization and application acceleration solution in one platform, Swan Labs enables organization to make the most of their existing bandwidth while providing maximum application performance over the WAN."

Swan Labs plays a key role in the technology backbone of CitiStreet's Business Continuity Preparedness Plan, which guarantees CitiStreet customers the highest level of uninterrupted service and support. In addition to saving IT organizations potentially millions of dollars per year in WAN service costs, the Swan Labs platform enable enterprises to finally reap full value from critical applications delivered over the WAN by providing predictable, reliable response times.

About CitiStreet

CitiStreet, one of the largest global benefits delivery firms in the United States, is Headquartered in Quincy, Mass. CitiStreet, with 3,000 employees, has offices in Somerset, N.J., Jacksonville, Fla., Lewiston, Maine, Boston, MA, and field offices around the nation. It also has a division, CitiStreet Australia, with offices in Sydney, Brisbane and Melbourne. CitiStreet serves more than 9 million participants and administers approximately $215 billion in assets in the United States for defined contribution, defined benefit and health and welfare plans of corporate, government, health care, Taft-Hartley and not-for-profit organizations. It also serves about 1 million participants and administers about $9 billion in assets outside the United States. CitiStreet is a 50/50 joint venture between State Street Corp. (NYSE:STT) and Citigroup (NYSE:C). For more CitiStreet information, visit the Web site at http://www.citistreetonline.com.

About Swan Labs

Swan Labs has recently entered into an agreement to be purchased by F5 Networks and the deal is expected to close in the last quarter of 2005. Swan Labs is the premier provider of enterprise application delivery solutions to Global 2000 companies. Enterprise application delivery is a new market category that resides at the intersection of application acceleration and WAN optimization. With Swan Labs' solution, enterprise customers experience increased application utilization, predictable end-user response times, dramatic WAN performance gains, and lower WAN costs.

Swan Labs is headquartered in San Jose, California, and has development and support operations in Belfast, Northern Ireland.

About F5 Networks

F5 enables organizations to successfully deliver business-critical applications and gives them the greatest level of agility to stay ahead of growing business demands. As the pioneer and global leader in Application Traffic Management, F5 continues to lead the industry by driving more intelligence into the network to deliver advanced application agility. F5 products ensure the secure and optimized delivery of applications to any user - anywhere. Through its flexible and cohesive architecture, F5 delivers unmatched value by dramatically improving the way organizations serve their employees, customers and constituents, while lowering operational costs. Over 9,000 organizations and service providers worldwide trust F5 to keep their businesses running. The company is headquartered in Seattle, Washington with offices worldwide. For more information go to www.f5.com

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This press release may contain forward looking statements relating to future events or future financial performance that involve risks and uncertainties. Such statements can be identified by terminology such as "may," "will," "should," "expects," "plans," "anticipates," "believes," "estimates," "predicts," "potential," or "continue," or the negative of such terms or comparable terms. These statements are only predictions and actual results could differ materially from those anticipated in these statements based upon a number of factors including those identified in the company's filings with the SEC.

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