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F5 BIG-IP Solution Enables Korea Exchange Bank to Enhance Productivity and Cost Efficiency

F5 Networks, Inc. (NASDAQ: FFIV), the global leader in Application Delivery Networking, today announced Korea Exchange Bank (KEB) has deployed the F5® BIG-IP® 3600 to accelerate its business-critical applications on their intranet.

KEB, a leading Korean bank, saw a rapid increase in its intranet traffic after implementing a new Lotus Notes groupware application, and it needed an intelligent application delivery system to enhance web acceleration and availability. To support its systems, KEB selected the F5 BIG-IP 3600—an advanced application delivery solution that provides load balancing, compression, caching and more within a single device. KEB decided on the BIG-IP Local Traffic Manager solution because it demonstrated outstanding performance, stability, and efficiency compared to other competitors’ products.

“We have over 7,000 employees globally and it is important to ensure that all our employees are able to access the wide range of services available on our intranet,” said Jae-cheol Oh, Manager, IT Operation Department, KEB. “We examined a number of acceleration and availability devices to address our needs and we chose the F5 Application Delivery Controller due to its delivered superior performance, efficiency, and features.”

Oh added that the access time to the corporate intranet has improved by up to 30 percent, and server resource usage has been reduced by 30 percent since the deployment of the F5 BIG-IP 3600. In addition, employee productivity has also improved in light of faster user response times.

“We are seeing increasing demand for application acceleration amongst major banks in Korea as demand for IP-based applications continues to grow. As such, F5 will continue to collaborate with our customers to build agile IT infrastructures that ensure that people, applications, and data systems can adapt to evolving business changes,” said Inkyo Kim, Country Manager, F5 Networks Korea. “F5’s BIG-IP platforms are designed to deliver enhanced application delivery capabilities to meet a broad range of customer requirements, including optimizing the availability of sophisticated web-based applications for employees, business partners, and customers.”

About Korea Exchange Bank

As the nation’s bank with the largest global network, KEB is fast becoming the most customer-oriented bank in Korea, particularly due to its specialized knowledge of the foreign exchange sector and other high-quality services which it provides. Due to its strategic marketing practices and effective use of capital and manpower, KEB is setting the pace for other banks to follow, making it an industry leader. As a global bank representing one of the most dynamic regions of the world, Northeast Asia, KEB has provided first-rate results in terms of capital, profitability, and asset security since its establishment.

About F5 Networks

F5 Networks is the global leader in Application Delivery Networking (ADN), focused on ensuring the secure, reliable, and fast delivery of applications. F5’s flexible architectural framework enables community-driven innovation that helps organizations enhance IT agility and dynamically deliver services that generate true business value. F5’s vision of unified application and data delivery offers customers an unprecedented level of choice in how they deploy ADN solutions. It redefines the management of application, server, storage, and network resources, streamlining application delivery and reducing costs. Global enterprise organizations, service and cloud providers, and Web 2.0 content providers trust F5 to keep their business moving forward. For more information, go to www.f5.com.

F5, BIG-IP, and Local Traffic Manager are trademarks or service marks of F5 Networks, Inc., in the U.S. and other countries. All other product and company names herein may be trademarks of their respective owners.

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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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