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F5 Networks and IBM Sign Patent Cross-Licensing Agreement

Industry leaders share patented inventions to build upon unique strengths in the market
F5 Networks, Inc. (NASDAQ: FFIV), the leading provider of secure Application Traffic Management products, today announced a patent cross-licensing agreement between F5 Networks and IBM Corporation. Under the terms of the agreement, F5 gains access to IBM's patents relating to Application Traffic Management and IBM gains access to F5's patent portfolio.

"IBM's interest in licensing our patent portfolio is a strong validation of the value F5's patents hold within the industry," said John McAdam, President and CEO at F5 Networks. "We are pleased to have access to IBM's considerable patent portfolio and will continue to explore ways in which we can work together in the future."

Specific terms of the cross-licensing agreement are confidential.

About F5 Networks

F5 Networks keeps IP-based traffic flowing and business information always available to any user from any device, anywhere in the world. Our products ensure secure and reliable access to servers and the applications that run on them. F5 also provide tools to automate communications between applications and the network, eliminating tedious, manual processes.

As the pioneers of intelligent load balancing, F5's continued innovations help businesses optimize and protect their IT investments. Our mission is to ensure the availability, scalability, performance, and security of IT resources that enterprises require to successfully do business. Over 6,000 enterprises and service providers rely on F5 solutions 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) provides solutions for an application world. F5 helps organizations seamlessly scale cloud, data center, and software defined networking (SDN) deployments to successfully deliver applications to anyone, anywhere, at any time. F5 solutions broaden the reach of IT through an open, extensible framework and a rich partner ecosystem of leading technology and data center orchestration vendors. This approach lets customers pursue the infrastructure model that best fits their needs over time. The world’s largest businesses, service providers, government entities, and consumer brands rely on F5 to stay ahead of cloud, security, and mobility trends. For more information, go to .

You can also follow @f5networks on Twitter or visit us on Facebook for more information about F5, its partners, and technologies.

F5, BIG-IP, Access Policy Manager, Global Traffic Manager, and Software Defined Application Services are trademarks or service marks of F5 Networks, Inc., in the U.S. and other countries. All other product and company names herein may be trademarks of their respective owners.

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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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