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F5 Continues To Be a Leader in Worldwide SSL VPN Market

Infonetics Research affirms F5's strong market traction; FirePass SSL VPN product maintains No. 2 market share based on revenue for CY4Q 2006

F5 Networks, Inc. (NASDAQ: FFIV), the global leader in Application Delivery Networking, today announced its number-two ranking in worldwide SSL VPN revenue according to a recent Infonetics Research report, Network Security Appliances and Software, Quarterly Worldwide Market Share and Forecasts for 4Q061 . F5 continued to lead the majority of the SSL VPN vendors in 4Q06 with 13.3% market share.

"F5 continues to solidify its leadership in the SSL VPN market with the advanced capabilities of our FirePass® product," said Ameet Dhillon, Director of Product Management at F5. "We anticipate that FirePass' broad range of support for multiple client operating systems, simplified and granular policy management with Visual Policy Editor, and unique integration with our BIG-IP® Global and Local Traffic Management solutions will continue to strengthen F5's growth in this segment."

Infonetics notes that the increasing use of SSL VPN technology for disaster recovery as well as backup access to key applications will continue to drive SSL VPN market growth. Further potential market drivers, according to Infonetics, also include the use of SSL VPN technology to provide a layer of security across the entire network.

1Network Security Appliances and Software, Quarterly Worldwide Market Share and Forecasts for 4Q06, Jeff Wilson, March 2007, Infonetics Research

About FirePass Controller

F5's FirePass Controller enables enterprises to provide secure remote access to network resources using any web-enabled device and over a range of access networks, regardless of location. With FirePass Controller, organizations benefit from superior performance and scalability, easy management, and the most advanced end-point security. It also offers the industry's only Visual Policy Editor, open Application Programming Interface (API), and Software Developer's Kit (SDK) to reduce the total cost of ownership through increased automation. For more information on FirePass Controller, visit http://www.f5.com/products/firepass/.

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.

Forward Looking Statements

Statements in this press release concerning the continuing strength of F5's business, sequential growth, the target revenue and earnings range, demand for application delivery networking and other statements that are not historical facts are forward-looking statements. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the company, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, among others: customer acceptance of our new traffic management, security, application delivery and WAN optimization offerings; the timely development, introduction and acceptance of additional new products and features by F5 or its competitors; competitive pricing pressures; increased sales discounts; F5's ability to sustain, develop and effectively utilize distribution relationships; F5's ability to attract, train and retain qualified product development, marketing, sales, professional services and customer support personnel; F5's ability to expand in international markets; and the unpredictability of F5's sales cycle.

F5 has no duty to update any matters discussed in this press release. More information about potential risk factors that could affect F5's business and financial results is included in the company's annual report on Form 10-K for the fiscal year ended September 30, 2006, and other public filings with the Securities and Exchange Commission.

About F5

F5 (NASDAQ: FFIV) provides solutions for an application world. F5 helps organizations seamlessly scale cloud, data center, and software defined networking (SDN) deployments to successfully deliver applications to anyone, anywhere, at any time. F5 solutions broaden the reach of IT through an open, extensible framework and a rich partner ecosystem of leading technology and data center orchestration vendors. This approach lets customers pursue the infrastructure model that best fits their needs over time. The world’s largest businesses, service providers, government entities, and consumer brands rely on F5 to stay ahead of cloud, security, and mobility trends. For more information, go to .

You can also follow @f5networks on Twitter or visit us on Facebook for more information about F5, its partners, and technologies.

F5, BIG-IP, Access Policy Manager, Global Traffic Manager, and Software Defined Application Services 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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