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F5 Networks Honored with 2003 Network Magazine Product of the Year Award

Judges recognize F5's BIG-IP product as the most significant in its category

F5 Networks, Inc. (NASDAQ: FFIV), the leading provider of Application Traffic Management products, today announced that its BIG-IP® product has been honored with Network Magazine's 2003 Product of the Year Award in the 'Content and Policy Traffic Manager' category. The Products of the Year Awards are chosen by Network Magazine's editors to recognize the outstanding technical achievement of products and services that are most significant to the network IT community.

"F5's BIG-IP product stands out in the 'Content and Policy Traffic Manager' category for its creative approach to getting the job done-with great benefits to network IT managers and their enterprises," commented Steve Steinke, Editor-in-Chief at Network Magazine. "F5 proves that innovation in the network IT space is alive and well."

Network Magazine's annual Products of the Year Awards are acknowledged as one of the networking industry's longest running and most distinguished awards programs. The awards are given to products and services released in the 2002 calendar year, and are evaluated on broad appeal of the product or service to the reader community; competitive enhancements; price/performance advantages; technical ingenuity; new features and applications; and serviceability to the market. All editorial staff members participate in the judging panel to weigh the nomination with comparative data. The Network Magazine editors then consult with readers and active members in the industry to further explore vendor and product performance.

"We're pleased to receive this prestigious honor from Network Magazine for a second consecutive year," said Dan Matte, Vice-President of Product Management and Marketing at F5 Networks. "This latest version of our BIG-IP product is unique in the industry and has justified a new category within the networking market called 'Application Traffic Management', which supercedes Internet Traffic Management. It's the only product that offers completely adaptable traffic management capabilities that can switch, persist and filter on any type of IP content such as mobile phone numbers, database operation types, XML payload information, and much more."

BIG-IP - A Uniquely Adaptable Product

Using F5's BIG-IP solution, customers can apply all the benefits (high availability, scalability, security, and increased performance) delivered by traditional Web Internet Traffic Management to any IP-based application, such as Web services, enterprise or mobile applications. Previously, the types of protocols used by these applications, such as XML, SQL, SIP, etc., could not be understood and acted upon by network devices without designing the functions directly into the application or deploying a complex number of point solutions. The new generation of BIG-IP software offers groundbreaking features and capabilities for deploying high-performance, intelligent networks that can understand any application protocol and securely support any IP application. Learn more about the award-winning BIG-IP product by visiting F5's booth (# 5469) at Networld + Interop in Las Vegas, from April 29 - May 1.

The Product of the Year Award winners will be featured in the May 2003 issue of Network Magazine and will also be posted online at www.NetworkMagazine.com.

CMP Media's Network Magazine

For 17 years, Network Magazine has provided in-depth technical analysis or network infrastructure to help Network IT Buyers make informed network deployment, specification, and management decisions. Network Magazine delivers Emerging Technology, Business Case, Product Focus, and Strategies & Issues features to its Network IT subscribers each month. CMP Media LLC is a leading integrated media company providing essential information and marketing services to the entire technology spectrum-the builders, sellers and users of technology worldwide.

About F5 Networks

F5 Networks is the industry leader in Application Traffic Management, enabling enterprises and service providers to optimize any mission-critical application or web service, providing secure and predictable delivery of application traffic in an unpredictable environment. Through F5's unique open iControl™ API, third party applications and network devices can take an active role in shaping network traffic, delivering application aware networks that allow customers to direct traffic based on their exact business requirements. Our solutions optimize the availability, security and speed of mission-critical servers and applications, including enterprise applications, web services, mobile IP applications, web publishing, content delivery, e-commerce, caching, firewalls and more. F5's solutions are widely deployed in large enterprises, the top service providers, financial institutions, government agencies, healthcare, and portals throughout the world. The company is headquartered in Seattle, Washington, and has offices throughout North America, Europe, Japan and Asia Pacific. F5 Networks is located on the web at 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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