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F5 Commands Worldwide Market Share Lead for Application Delivery Controllers

Leading industry analyst firm places F5 at the market share forefront of ADC vendors

F5 Networks, Inc. (NASDAQ: FFIV), the global leader in Application Delivery Networking, today announced that it continues to hold the number-one position in the application delivery controller (ADC) market. In the recently published Gartner report, Market Share: Application Acceleration Equipment, Worldwide, 4Q06 and 2006 (March 2007), F5 leads the ADC market with a 33.5 percent share in Q406 based on revenue. This quarterly result also helped F5 capture the top spot for CY 2006, with 33.7 percent of the yearly market.

In addition, F5 continues to lead in the advanced platform ADC subsegment, with 59.9 percent of the market in CY 2006, more than 4x that of the nearest competitor.

According to the report, "The trend to centralize servers and deploy Web-enabled intranet applications continued in 2006, driving application acceleration vendor revenue to more than $1.5 billion The ADC market grew by almost 6 percent from 3Q06 to 4Q06, ending the year at almost $933 million, which was an increase of 28.2 percent over 2005. The advanced platform ADC subsegment grew by 5.5 percent in 4Q06, ending the year at more than $524 million, up almost 37 percent from 2005."

F5's ADC offerings combine BIG-IP® high-performance hardware platforms and BIG-IP software for a comprehensive, advanced solution that delivers industry-leading application security, optimization, and availability. TMOS-F5's intelligent, modular, and scalable architecture-brings unmatched capabilities to the market through its full IP application proxy, iRules™ programming language, TCP Express, and iControl® application integration interface.

"Our performance in the ADC market confirms the effectiveness of our TMOS architecture," said Erik Giesa, VP of Product Management and Product Marketing at F5. "The market is interested in scalable, flexible application delivery solutions, which F5 offers on a unified platform. In addition to our products, F5 provides a unique value proposition through key differentiators like our DevCentral community, which facilitates customer-influenced innovation and enables intelligent integration between organizations' application, network, and security teams."

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, helping organizations get the most out of their investment. By adding intelligence and manageability into the network to offload applications, F5 optimizes applications and allows them to work faster and consume fewer resources. F5's extensible architecture intelligently integrates application optimization, protects the application and the network, and delivers application reliability-all on one universal platform. Over 10,000 organizations and service 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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