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F5 Supports Arab National Bank’s Financial Service Infrastructure

Major Gulf-based financial company enhances core banking system performance, saved three months of development time using BIG-IP Local Traffic Manager

F5 Networks, Inc. (NASDAQ: FFIV), the global leader in Application Delivery Networking, today announced that ANB (Arab National Bank), one of the top 10 banks in the Gulf region, has integrated F5’s BIG-IP® Application Delivery Controllers into its core banking system to improve customer service and achieve greater transaction and investment efficiencies.

ANB operates 168 branches across the Middle East and employs 3,600 staff. It offers a full range of financial services to the retail and corporate sectors. Recent turbulence affecting the global financial sector prompted ANB to overhaul its 15-year-old core banking system to enhance the bank’s ability to respond to market challenges quickly. A key part of this project was to ensure that ANB’s Infosys financial applications did not suffer from network performance issues.

ANB was intent on building the most robust and advanced network possible. “Poor performance would be a nightmare for us,” said Jamil Barakat, Head of IT and Telecommunications at ANB. “The emergence of Application Delivery Controllers (ADCs) has really changed the whole concept of what we traditionally thought of as ‘load balancing.’ We chose F5 after a competitive evaluation, with parameters set around speed, security, and application control. F5 delivers on the ADC concept in full.”

The bank’s deployment of BIG-IP Local Traffic Manager has enhanced the end-user experience. The devices have also allowed enabled ANB to offload SSL traffic from its servers, resulting in a 20 to 30 percent reduction in load, which in turn has freed up the IT team to reallocate server resources within its infrastructure.

“ANB also found that F5’s iRules scripting language had a number of benefits,” said Paul Sherry, Regional Director, Middle East at F5. “Their team deployed iRules to encrypt unencrypted traffic and vice versa, and also to modify application content in real time. ANB estimated that the latter iRule alone—which took only 30 minutes to create—saved up to three months of application developer time.”

About F5 Networks

F5 Networks is the global leader in Application Delivery Networking (ADN), focused on ensuring the secure, reliable, and fast delivery of applications. F5’s flexible architectural framework enables community-driven innovation that helps organizations enhance IT agility and dynamically deliver services that generate true business value. F5’s vision of unified application and data delivery offers customers an unprecedented level of choice in how they deploy ADN solutions. It redefines the management of application, server, storage, and network resources, streamlining application delivery and reducing costs. Global enterprise organizations, service and cloud providers, and Web 2.0 content providers trust F5 to keep their business moving forward. For more information, go to www.f5.com.

F5, BIG-IP, Local Traffic Manager, and iRules 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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