F5 Maintains No. 1 Market Share Ranking in Infonetics Research Report
Report Shows F5 Leading Competition in Revenue Market Share for Layer 4-7 Secure Sockets Layer Acceleration Hardware for Q1 '03
SEATTLE--(BUSINESS WIRE)--June 11, 2003--F5 Networks, Inc. (Nasdaq:FFIV), the leading provider of Application Traffic Management products, today announced for the first quarter of 2003, the company continued to rank number one, with 46 percent worldwide revenue market share, in the Layer 4-7 (L4-7) switch/load balancer with Secure Sockets Layer (SSL) category, according to the recent Infonetics Research report (1). "F5's SSL acceleration offering is helping their customers deploy highly secure Web services," said Neil Osipuk, directing analyst at Infonetics Research. "F5 is benefiting from their early mover advantage of incorporating SSL acceleration into every Application Switch that they sell." "At F5, we're committed to delivering superior solutions that can be relied on for high availability and greater security," said Dan Matte, vice president of product marketing and management at F5 Networks. "Our products' ability to drastically reduce costs and quickly improve performance of IP-based applications and Web services keeps us a front-runner in the industry." The F5 BIG-IP product is a local area Application Traffic Management solution, ensuring high availability, reliability, security, and scalability for applications. Through powerful switching control and intelligence, BIG-IP makes the creation and delivery of any IP-based application or web service predictable, secure, and cost-effective, regardless of the network environment. |