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F5 Named to 100 Fastest-Growing Companies List

F5 cited as one of 'America's supercharged performers' and ranked No. 8 among technology companies for 2007; Steady growth and expansion reflects successful solution-focused strategies

F5 Networks, Inc. (NASDAQ: FFIV), the global leader in Application Delivery Networking, has been named to Fortune magazine's 100 Fastest-Growing Companies list for 2007, taking the No. 8 position for technology companies and No. 50 position overall. According to Fortune, the companies on the list are enjoying exhilarating growth spurts, even in a turbulent market.

"We are very pleased to be recognized by Fortune, and proud of our strong performance over the years in an extremely competitive and dynamic market," said John McAdam, President and CEO of F5. "Our healthy growth is an indicator that F5 has been successful at providing application delivery solutions that truly resonate with enterprises and other organizations that rely on applications to run their businesses."

Described by Fortune as "corporate America's supercharged performers," companies that qualify for the 100 Fastest-Growing Companies list must be incorporated in the U.S.; have a minimum market capitalization of $250 million; have a stock price of at least $5; and have been trading continuously since June 30, 2004. In addition, qualifying companies must have revenue and net income for the four quarters ended on or before May 31, 2007, of at least $50 million and $10 million, respectively; and have posted a compound annual growth in revenue and earnings per share of at least 25 percent annually over the three years ended on or before May 31, 2007. All companies are ranked by their revenue growth rate, their EPS growth rate, and their three-year annualized total return to investors for the period ended June 30, 2007. The overall rank is based on the sum of the three ranks.

In addition to a printed listing in the September 17 issue of Fortune magazine, a complete list is available online at: money.cnn.com/magazines/fortune/fortunefastestgrowing/2007/index.html

About Fortune

Fortune magazine is published by the Fortune|Money Group at Time Inc., a Time Warner company. Time Inc. is one of the largest content companies in the world, with a portfolio of approximately 130 titles, including some of the world's most popular, powerful, and trusted brands. A theme of Fortune is its regular publishing of researched and ranked lists. For more information, visit www.fortune.com.

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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