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F5 Networks Receives Frost & Sullivan's 2005 Competitive Strategy Leadership Award

F5 Selected for Outstanding Performance in the Web Application Firewall Market

F5 Networks, Inc. (NASDAQ: FFIV), the global leader in Application Traffic Management, today announced that it has been awarded the 2005 Competitive Strategy Leadership Award from Frost & Sullivan. A global growth consulting company, Frost & Sullivan recognizes outstanding industry achievements by presenting awards to top companies in regional and global markets companies that have demonstrated the most significant gains in the market due to their superior market strategy.

Frost & Sullivan selected F5 Networks for its outstanding performance in its goal to dominate the Web application firewall (WAF) market. "F5 Networks meets the criteria for this award better than any of the competitors in this market, as it has managed to make a quick and significant impact on the Web application firewall market," said Jose Lopez, Senior Industry Analyst at Frost and Sullivan. "In the last 12 months, the company has successfully acquired and integrated best-of-breed web application firewall technology, and has seen a significant growth in revenues, profitability, and mindshare."

"We're thrilled to receive this acknowledgement of our market leadership," says Dan Matte, F5's Senior Vice President of Marketing. "We set ourselves the goal of becoming a top player in the application security market and this award serves as external recognition of our achievement of this goal. Most importantly, over two years ago, we made a decision to expand F5's technology focus to include application security and our customers are clearly benefiting from that move."

Key F5 Accomplishments

As part of its drive to become a top player in the WAF market, in mid-2004 F5 acquired MagniFire Web Systems, a technology leader in the Web application firewall market. The company's TrafficShield™ security appliance is unlike other security products in that it protects against malicious application-level attacks that can circumvent current network perimeter defenses. Frost & Sullivan noted that MagniFire's technology offered a very good fit with F5's existing technology. "F5 Networks has done a good job of integrating the technology from MagniFire," Frost & Sullivan said, "and it is in the process of integrating TrafficShield into BIG-IP to offer a more secure and optimized application delivery platform."

In naming F5 as recipient of its award, Frost & Sullivan also referenced other important achievements that are helping to position the company as a market leader:

  • AppShield acquisition. In May 2005, F5 announced the acquisition of WatchFire's AppShield business. This acquisition mapped to the company's plans to have quick and direct access to an already committed base of WAF customers in order to expand its TrafficShield product.
  • Integration of traffic management and WAF. F5 is leading one of the evolutionary trends in the market the integration of traffic management and WAF. "From its privileged position in the traffic management space, it is able to tap into the needs of its BIG-IP customer base and offer a solution to protect the actual applications," Frost & Sullivan states.
  • Oracle support. F5 recently signed an agreement with Oracle to support customers using BIG-IP products with Oracle Application Server 10g. "This is a wise move from the vendor to work more closely with one of the key application vendors to deliver secure and improved access to one of the most widely deployed applications amongst enterprises," says Frost & Sullivan.

Frost and Sullivan concludes its award announcement by stating, "Frost & Sullivan believes that F5 Networks is a serious candidate to dominate the WAF market in the medium term, and we expect that its efforts will allow F5 to continue enhancing its position, as it has the most complete vision of this market, as well as commitment and capacity."

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 9,000 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

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