Press Releases Archive   Search Press Releases
Press Release

F5 Extends No. 1 Market Share Ranking for SSL Acceleration Hardware

F5 dominates the multi-purpose SSL (Secure Sockets Layer) acceleration hardware market for the 2nd Half of 2001, according to Infonetics Research Report
F5 Networks, Inc. (NASDAQ: FFIV), the leading provider of Internet traffic and content management (iTCM) products, today announced that the company continues to hold its No. 1 position for worldwide market share for SSL (Secure Sockets Layer) acceleration hardware. Infonetics Research1 reported that F5 is the clear leader in the category of multi-purpose devices with SSL hardware acceleration in the second half 2001, with 74% revenue market share and 57% unit market share. The bi-annual Infonetics SSL Acceleration Hardware report tracks and forecasts worldwide server peripheral cards, dedicated SSL appliances, and multi-purpose devices with hardware-based SSL capabilities.

For the multi-purpose SSL acceleration hardware market, revenue grew 93% and unit shipments grew 29% between 1H 2001 and 2H 2001, in line with Infonetics' forecast of 80% revenue growth and 31% unit growth. "Early on F5 had anticipated customers' business-critical SSL needs by integrating SSL acceleration into their BIG-IP® Application Switches, putting F5 in an enviable market position," said Neil Osipuk, Directing Analyst at Infonetics Research. "Their recent move of adding a FIPS 140-2 Level 3 certified SSL accelerator as an integrated option of their Internet traffic management solutions is an example of how F5 has expanded their SSL acceleration offering to help customers deploy highly secure web services."

According to the Infonetics study, companies that want to secure valuable content on their sites are using SSL and that securing web content is an emerging SSL trend as it moves beyond securing transactions and email/file transfers. For example, simple SSL termination is insufficient for financial institutions and government organizations that fall under regulations like FIPS (Federal Information Processing Standard), which impose much higher level of security guidelines. The Infonetics report indicates that these new stringent government regulations are creating a niche market for FIPS certified SSL accelerators.

"Our leadership position shows that we take this market seriously and are successfully executing on our commitment to deliver superior, cost-effective solutions that hit the customer's sweet spot for security, reliability and price-performance," said Dan Matte, senior director of product management at F5 Networks. "An advantage of our SSL solutions that customers really value is the fact that they can seamlessly add SSL capacity as needed, eliminating the need to buy excess capacity up front. Helping customers to securely deploy web services and applications will continue to be a top priority for F5 as we architect and deliver our iTCM solutions."

F5's BIG-IP® is the premier Internet traffic management solution on the market, capable of handling both the SSL termination and load balancing of the SSL traffic on a single integrated platform. F5's SSL solutions allow enterprises to easily scale secure web services, seamlessly add new services, and handle higher traffic levels.

1 Source: Infonetics Research, Inc., SSL Acceleration Hardware - Bi-annual Worldwide Market Share and Forecasts for 2H01; February 2002

About F5 Networks

F5 Networks is the leader in Internet Traffic and Content Management (iTCM), and delivers application aware networks through its open Internet Control Architecture. F5 features the industry's leading set of integrated products and services that manage, control and optimize Internet traffic and content. Our solutions automatically and intelligently deliver the best possible Internet performance, availability and content distribution for service providers, enterprises and e-businesses. Our products remove bandwidth congestion and optimize the availability and speed of mission-critical Internet servers and applications, including web publishing, content delivery, e-commerce, caching, firewalls and more. Our solutions are widely deployed in large enterprises, the top service providers, financial institutions, government agencies, healthcare, and portals throughout the world. The company is headquartered in Seattle, Washington, and has offices throughout North America, Europe and Asia Pacific. F5 Networks is located on the web at

# # #

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.