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F5 Networks' 3-DNS Controller Wins Network Computing's Prestigious Well-Connected Award

3-DNS tops electronic commerce category and recognized as the best distributed load balancing product

F5 Networks, Inc. (NASDAQ: FFIV), the leading provider of Internet Traffic and Content Management (iTCM) products, today announced that CMP Media, Inc. has named the 3-DNS® Controller the best distributed load balancing product under the category of Electronic Commerce solutions. F5 Networks received the esteemed award during Network Computing's annual Well-Connected Awards ceremony on May 8, during Networld+Interop in Las Vegas. F5's 3-DNS was chosen, over competing products from Alteon and Radware, for its ability to enable businesses to dynamically tune their distributed Internet site to render optimal performance and Quality of Service to end users - no matter where they are in the world.

"Network Computing's recognition of 3-DNS is particularly noteworthy because of the judges' critical hands-on evaluation process," said Marc Goodman, Senior Director of Marketing at F5 Networks. "This award points to 3-DNS as a key component of any global e-Business infrastructure where 24X7 availability and top web site performance is a must. It's also a testament to F5's commitment to deliver the industry's most innovative and advanced iTCM products."

About the 3-DNS Controller

3-DNS Controller is the most open and robust product for managing traffic across distributed Internet sites in the market today. 3-DNS offers powerful functionality important to any business that relies on the Internet to support its geographically distributed Internet sites. By employing industry-first e-Business rules, 3-DNS Controller can adjust its own operations based on a number of customer-defined parameters, such as time of day or specific operating conditions. There is no other product of its kind that has 3-DNS Controllers' flexibility and level of intelligence; helping businesses maximize their e-Business performance and Quality of Service, on a global scale.

"The Well-Connected Awards are significantly different from other IT publications' awards," said Fritz Nelson, Publisher of CMP's Network Computing. "Our editors worked at length to research and test the best offerings in the enterprise arena." According to Nelson, the products singled out in the Network Computing Well-Connected Awards are unique because "they are not a measure of popularity-they are quality offerings tested over a networked enterprise firsthand by editors themselves. So we know that 3-DNS by F5 Networks is truly an innovative solution."

Network Computing published by CMP Media, Manhasset, N.Y., is the only IT publication providing in-depth, comprehensive product, technology and service reviews from a real-world perspective to 220,000 IT Professionals-The Technology Experts-biweekly telling them what works, how it works, when to buy and who to buy it from. In addition, Network Computing consistently has the largest average-issue audience among all networking publications, according to Simmons and IntelliQuest and was a 1999 Neal Award Finalist.

About F5 Networks

F5 Networks is the leading provider of Internet Traffic and Content Management (iTCM) products. The Company's integrated suite of high-performance products automatically and intelligently manage Internet traffic and content to improve the availability and performance of mission-critical Internet servers and applications. F5 Networks helps companies avoid the risk of being burdened with ill-performing networks that do not meet end user expectations, while enabling network administrators to better control and predict the performance of their infrastructure. F5 Networks' products are designed to provide a new level of fault tolerance by shielding users from system failure; optimizing response times to user requests and data flow; and cost-effectively managing an organization's Internet infrastructure. The company is headquartered in Seattle, Washington, and has offices in Atlanta, Boston, Chicago, Dallas, Columbus, Los Angeles, New York, San Francisco, Toronto, Washington, D.C., Australia, Hong Kong, Japan, The Netherlands, Singapore, Sweden, India and the United Kingdom. F5 Networks is located on the web at www.f5.com.

F5 Networks (NASDAQ: FFIV) Internet Traffic and Content Management products support a wide range of operating systems and hardware platforms including those from: DELL Computer (NASDAQ:DELL), Sun Microsystems (NASDAQ:SUNW), Hewlett Packard (NYSE:HWP), Compaq (NYSE: CPQ), Microsoft (NASDAQ:MSFT), Apple (NASDAQ:AAPL), IBM (NYSE:IBM) and Intel (NASDAQ:INTC). F5 products work with leading IP-based applications, including legacy host, mainframe, Java, CORBA-based, and client/server applications from vendors such as SAP (NYSE:SAP), BAAN (NASDAQ:BAANF), Novell (NASDAQ:NOVL), Oracle (NASDAQ:ORCL), and PeopleSoft (NASDAQ:PSFT).

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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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