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Technology Stocks : F5 Networks, Inc. (FFIV)
FFIV 282.39+1.3%Feb 10 3:59 PM EST

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To: Patriarch who wrote (604)1/5/2000 6:51:00 PM
From: Patriarch  Read Replies (1) of 1801
 
F5 Networks Surpasses 1000th Customer Milestone

January 5, 2000 02:53 PM
SEATTLE--(BUSINESS WIRE)--Jan. 5, 2000--

--Growing need for web site high availability, reliability, and integrity fuel the demand for F5 Networks' best-of-breed Internet traffic and content management products--

F5 Networks, Inc., FFIV , a leading provider of Internet traffic and content management (ITM) products, today announced that the Company has surpassed its 1000th customer milestone during the fourth quarter of 1999.

Businesses all over the world are using F5 products to maintain their web sites' integrity by providing end-users with access to the right information -- when they need it. The sharply rising need for a highly available and reliable e-business infrastructure is fueling customer demand for F5's best-of-breed products to support their mission-critical Internet sites.

F5 Networks has successfully penetrated many of the top Internet sites across each of the major market sectors, including the leading portals, e-commerce, enterprise, financial, government, and ASP/ISP businesses. Prestigious and image conscious companies have selected F5 as their ITM provider of choice, because F5's products provide them with a fast, reliable, and easy way to manage their e-Business applications. F5 helps shield them from the risk of their networks not meeting users' expectations -- a detriment to their brand and long-term survivability.

F5 Networks continues to deliver products with leading technologies and the features that customers require to maximize availability and performance of their sophisticated web sites. The market's rapid adoption of F5 products continues to validate F5 as a leading provider of ITM products.

"Our customers care most about their brand image, revenue, and market share. And, because their web site is a direct reflection of their company, they're very concerned about the quality of service they provide to their users through their site," said Steve Goldman, Senior Vice-President of Sales, Marketing and Services at F5 Networks. "F5 offers the most comprehensive set of feature-rich ITM products, but more importantly our products help IT professionals successfully run their e-Business networks, without skipping a beat, and helping their businesses to prosper."

About F5 Networks

F5 Networks is a leader in Internet Traffic and Content Management products. The Company's integrated suite of high-performance products automatically and intelligently manage Internet traffic and content to improve the availability and performance of mission-critical Internet servers and applications. F5 Networks helps companies avoid the risk of being burdened with ill-performing networks that do not meet end user expectations, while enabling network administrators to boost the control and predictability of their infrastructure. F5 Networks' products are designed to provide a new level of fault tolerance by preventing system failure, optimize response times to user requests and data flow, and cost-effectively manage an organization's Internet infrastructure. The company is headquartered in Seattle, Washington, and has offices in Atlanta, Boston, Chicago, Dallas, Columbus, Los Angeles, New York, San Francisco, Toronto, Washington, D.C., Australia, Hong Kong, Japan, The Netherlands, Singapore, Sweden and the United Kingdom. F5 Networks is located on the web at www.f5.com.

F5 Networks FFIV Internet Traffic Management products support a wide range of operating systems and hardware platforms including those from: Sun Microsystems SUNW , Hewlett Packard HWP , Compaq CPQ , Microsoft MSFT , Apple AAP , IBM IBM and Intel INTC . F5 products work with leading IP-based applications, including legacy host, mainframe, Java, CORBA-based, and client/server applications from vendors such as SAP SAP , BAAN BAANF , Novell NOVL , Oracle ORCL , and PeopleSoft PSFT .

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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