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F5 Announces Buyback Program for Alteon Application Switches from Nortel Networks

Industry leader in Application Delivery Networking acts quickly to offer relief to Alteon customers impacted by Nortel bankruptcy filing

F5 Networks, Inc. (NASDAQ: FFIV) the global leader in Application Delivery Networking, today announced a comprehensive program aimed at assisting owners of Alteon application switches from Nortel Networks who are affected by Nortel's recently announced bankruptcy. The program includes generous trade-in credits toward replacement, as well as customized consulting services to simplify migration from the affected Alteon systems to F5's industry-leading BIG-IP® Application Delivery Controllers.

"Application Delivery Networking is now central to enterprise data centers. In today's economic environment, customers need confidence that they are relying on a stable market leader for this critical infrastructure," said Dan Matte, SVP of Marketing and Business Development at F5. "World-class global support and long-term market commitment are table-stakes for vendors in the application delivery marketplace. As the recognized market innovator and leader, we have proven our ability to excel in these dimensions. We appreciate the concerns that Alteon customers are facing, and welcome the opportunity to provide them the stability, support, and reliability already enjoyed by F5 customers worldwide."

Nortel Alteon Trade-in Program from F5

Customers can trade in select Nortel Alteon products to purchase an F5® BIG-IP solution and get up to US $9,000 in trade-in credits. For more information regarding F5's Buyback Program for Alteon Application Switches, please contact F5 or visit http://www.f5.com/campaigns/nortel-alteon-load-balancer.html.

To learn more about building a more agile application delivery infrastructure, read the white paper Load Balancing 101: The Evolution to Application Delivery Controllers or check out F5 BIG-IP solutions.

About F5 Networks

F5 Networks is the global leader in Application Delivery Networking. F5 provides solutions that make applications secure, fast, and available for everyone. By adding intelligence and manageability into the network to offload applications and optimize the data storage layer, F5 extends the power of intelligent networking to all levels of application delivery. F5's extensible architecture optimizes applications, delivers application reliability, and protects the application and network. Enterprise organizations, service providers and Web 2.0 content providers worldwide trust F5 to keep their applications 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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