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F5 Positioned in Visionaries Quadrant for WAN Optimization Controllers by Leading Independent Analyst Firm

F5 Networks, Inc. (NASDAQ: FFIV), the global leader in Application Delivery Networking, today announced it has been positioned in the Visionaries Quadrant by Gartner, Inc. in the "Magic Quadrant for WAN Optimization Controllers, 2006" report1. F5 was one of 16 vendors evaluated in the report.

"F5 is pleased to be placed in the Visionaries Quadrant in Gartner's Magic Quadrant for WAN optimization controllers," said Erik Giesa, VP of Product Management and Marketing at F5. "We believe earning this placement from Gartner not only underscores F5's commitment to delivering the most cost-effective, intuitive, and flexible solutions for improving application performance, but also our solid track record for innovation and anticipating customer needs. An end-to-end solution is what customers require-in the data center as well as the delivery from the data center to clients. F5 is poised to deliver this solution most effectively to the market."

In its report, Gartner evaluated WOC (WAN optimization controller) vendors on their ability to execute as well as on the completeness of their vision. In judging technology providers on their ability and success in capitalizing on their vision, Gartner analysts assessed the quality and efficiency of the processes, systems, and methods the company uses to help ensure its competitiveness, efficiency and effectiveness and to positively impact revenue, retention and reputation.

F5 has the technology, vision, and expertise to bring together best-of-breed solutions to address customers' needs in the application acceleration market, both now and in the future. And, just as the WOC and ADC (Application Delivery Controller) spaces are converging, so are F5's technologies as the Company integrates products and features onto its advanced TMOS platform. F5 is the only technology leader in the market driving this integration and consolidation, not only through TMOS, but also through strategic partnerships with other vendors.

Today F5 offers multiple WOC products that can either be used separately or combined to provide WAN optimization. These products include WANJet ®, WebAccelerator, BIG-IP ® Link Controller and BIG-IP Global Traffic Manager.

1 Magic Quadrant for WAN Optimization Controllers, 2006, Andy Rolfe, Joe Skorupa, October 4, 2006

About the Magic Quadrant

The Magic Quadrant is copyrighted October 4, 2006 by Gartner, Inc. and is reused with permission. The Magic Quadrant is a graphical representation of a marketplace at and for a specific time period. It depicts Gartner's analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the Magic Quadrant, and does not advise technology users to select only those vendors placed in the "Leaders" quadrant. The Magic Quadrant is intended solely as a research tool, and is not meant to be a specific guide to action. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About F5 Networks

F5 Networks is the global leader in Application Delivery Networking. F5 provides solutions that make applications secure, fast and available for everyone, helping organizations get the most out of their investment. By adding intelligence and manageability into the network to offload applications, F5 optimizes applications and allows them to work faster and consume fewer resources. F5's extensible architecture intelligently integrates application optimization, protects the application and the network, and delivers application reliability-all on one universal platform. Over 10,000 organizations and service providers worldwide trust F5 to keep their applications running. The company is headquartered in Seattle, Washington with offices worldwide. For more information, go to www.f5.com.

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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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