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F5 Networks Achieves Highest Worldwide Revenue and Market Share Growth in the Total Layer 4-7 Ethernet Switch Market

F5's technology leadership and ability to execute is reflected in the latest Dell'Oro Group Ethernet Switch report
F5 Networks, Inc. (NASDAQ: FFIV), the global leader in Application Traffic Management, announced today that it has achieved the greatest worldwide market share and revenue growth quarter over quarter for the Layer 4-7 (L4-7) Ethernet Switch total1 market segment. According to the latest Dell'Oro Group Report2, F5 increased its L4-7 product revenue by $9.7 million, which is a 39 percent increase in revenue over the previous quarter. This represents a five percent market share gain and the highest quarterly revenue growth of any vendor in the segment.

"Customer and partner reaction to our next generation BIG-IP product has been very enthusiastic and demand during the quarter exceeded our expectations," said Erik Giesa, Vice-President of Product Management and Marketing at F5 Networks. "The compelling ROI offered by our IP Application Switches, the expansive range of new BIG-IP functionality, and F5's groundbreaking Traffic Management Operating System has further increased F5's leadership in the marketplace and should continue to provide us with new market opportunities."

1 Dell'Oro defines the 'total' Switched Ethernet L4-7 Server Load Balancing market to include modular and fixed switches.

1 Source: Dell'Oro CY Q4 2004 Market Share Report (Layer 4-7) Ethernet Switch Report, February, 2005.

About F5 Networks

F5 enables organizations to successfully deliver business-critical applications and gives them the greatest level of agility to stay ahead of growing business demands. As the pioneer and global leader in Application Traffic Management, F5 continues to lead the industry by driving more intelligence into the network to deliver advanced application agility. F5 products ensure the secure and optimized delivery of applications to any user - anywhere. Through its flexible and cohesive architecture, F5 delivers unmatched value by dramatically improving the way organizations serve their employees, customers and constituents, while lowering operational costs. Over 6,000 organizations and service providers worldwide trust F5 to keep their businesses 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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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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