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F5 Honored with Global Technology Distribution Council's Rising Star Award

Award recognizes F5's stellar sales growth through IT distributors
F5 Networks, Inc. (NASDAQ: FFIV) today announced it has received the Global Technology Distribution Council's (GTDC) inaugural Rising Star Award for outstanding sales growth through IT distributors. The GTDC presented the award to Dean Darwin, Vice President of North America Channels at F5 Networks, at its annual Summit event, held September 19-20 in San Francisco, and attended by the world's leading IT vendors and distributors.

The GTDC, whose member distributors represent more than $80 billion in annual sales, created the Rising Star Awards because of the impressive success companies like F5 continue to exhibit in partnership with IT distributors. Reflected in the theme of this year's conference, GTDC Summit 2006: The New Wave of Growth in Distribution, the value proposition of IT distributors has never been more pronounced, especially considering the renewed industry emphasis on reseller channel services, supply chain efficiency, and cost management. F5's performance attests to the excellent demand for its products as well as the pivotal role of distributors in reaching and supporting diverse end-user markets.

Tracking the Results: NPD Service Reports IT Distributor Sales by Product Category

Sales results for Rising Star award winners are based on actual revenue growth over the past year, as reported by a leading consumer and retail information company, The NPD Group, in its Distributor Track service. Available by subscription, the Distributor Track aggregates distributor sell-through data to enable sharp insight into channel sales and pricing trends with the ability to drill down into product subcategories, including detailed attributes based on specific areas of interest. To be eligible for a Rising Star award, vendors are required to have sold corresponding products through IT distributors for a minimum of one year with at least 20% year-over-year sales growth for hardware manufacturers and 15% year-over-year sales growth for software publishers. The hardware category includes separate awards for vendors with $20 million to $100 million in annual sales and those with more than $100 million in sales. Other companies that received this year's coveted Rising Star distinction include Hitachi, Ricoh, and the EMC Corporation.

"By teaming with the leading IT distributor companies, F5 Networks achieved remarkable growth in annual sales from June 2005 to May 2006," said Tim Curran, Chief Executive Officer of the GTDC. "Their incredible sales performance is a direct result of the growing demand for F5's products and demonstrates the crucial role distributors play in reaching small and mid-size businesses and enterprises."

"F5 Networks has made tremendous investments into the channel this year, and relationships with our distributors are at the forefront of our entire channel strategy," said Dean Darwin, Vice President of North America Channels at F5. "Without our distribution partners' significant contributions and a strong joint strategy, we would not be where we are today in the channel. We are honored to be recognized by the GTDC for the accomplishments of F5 and our distributors over the last year."

About The Global Technology Distribution Council

The Global Technology Distribution Council is a worldwide industry association dedicated to defining and promoting the role of wholesale distribution in a successful and healthy information technology channel. The Council is comprised of the computer industry's top wholesale distributors dedicated to serving "the channel," a network of skilled value-added resellers and retail stores focused on providing hardware, software, and services to businesses and consumers around the globe.

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.

About F5

F5 (NASDAQ: FFIV) makes apps go faster, smarter, and safer for the world’s largest businesses, service providers, governments, and consumer brands. F5 delivers cloud and security solutions that enable organizations to embrace the application infrastructure they choose without sacrificing speed and control. For more information, go to f5.com. You can also follow @f5networks on Twitter or visit us on LinkedIn and Facebook for more information about F5, its partners, and technologies.

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