F5 Networks Gains Highest Percent Increase in
Market Share and Revenue for Layer 4/7 Server Load Balancing
Switch Market According to Dell'Oro Group Survey
F5 Networks Expands Market Share, Revenue and
Customer Base, Outpacing the Competition
SEATTLE--(BUSINESS WIRE)--June 20, 2001--F5 Networks, Inc.
(Nasdaq:FFIV), the leading provider of Internet Traffic and Content
Management (iTCM) products, today announced that the company has
gained the highest percent increase in market share and revenue in the
first quarter of 2001 for the Layer 4/7 server load balancing switch
market, according to the latest Dell'Oro Group Survey(1).
Outpacing all of its competitors, including Cisco, Nortel,
Radware, and Foundry, F5 continues to grow its worldwide customer
base, with the vast majority of its accounts being global enterprises
and industry leaders such as Prudential, Deloitte & Touche LLP, New
York Life Insurance Company, Office Max, Inc., Albertson's, Inc.,
Lufthansa Air Plus, Bertelsmann Media Systems, OCBC Securities, and
Nintendo of America, Inc. F5's award-winning iTCM products deliver an
immediate and measurable return on investment for enterprises by
helping them extend their network, applications, and content over the
web, with superior performance, security, dependability, and
manageability.
"Over 75 percent of our business comes from enterprise customers
who rely on IP-based networks to deploy business-critical web
applications and services, such as B-2-B and supply chain management
solutions," said Steve Goldman, Senior Vice-President of Sales and
Services at F5 Networks. "F5 has become a `household' name within
corporate IT departments and is widely recognized for providing the
fundamental building blocks to deploy the most reliable, scalable and
efficient Internet sites and data centers. F5's rise in marketshare
and revenue is a direct reflection of this."
Many of the world's largest enterprises today are committed to
using the Internet to transform their core business processes.
Information Technology (IT) professionals within these enterprises are
faced with enormous challenges: `webifying' legacy applications,
adding new Internet services, managing static and dynamic content, and
managing multiple types of traffic across globally distributed web
servers, caches, firewalls, and more. F5's iTCM products are core to
the network infrastructure and help reduce this complexity by bringing
unparalleled levels of intelligence and granular control over Internet
traffic, applications and content. F5 is the only company that offers
end-to-end integration across its entire suite of products through its
open iControl(TM) API (Application Programming Interface), which also
adds programmable access to F5 products for customer and partner
application integration.
(1) Source: Dell'Oro Group 1Q 2001 Ethernet (Layer 4-7) Switch &
Appliances Report, May 16, 2001
About F5 Networks
F5 Networks is the leader in Internet Traffic and Content
Management (iTCM), and delivers application aware networks through its
open Internet Control Architecture. F5 features the industry's leading
set of integrated products and services that manage, control and
optimize Internet traffic and content. Our solutions automatically and
intelligently deliver the best possible Internet performance,
availability and content distribution for service providers,
enterprises and e-businesses. Our products remove bandwidth congestion
and optimize the availability and speed of mission-critical Internet
servers and applications, including web publishing, content delivery,
e-commerce, caching, firewalls and more. Our solutions are widely
deployed in large enterprises, the top service providers, financial
institutions, government agencies, healthcare, and portals throughout
the world. The company is headquartered in Seattle, Washington, and
has offices throughout North America, Europe and Asia Pacific. F5
Networks is located on the web at www.f5.com.
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.
###
CONTACT: F5 Networks, Inc.
Alane Moran, 206/272-6850
a.moran@f5.com
or
Connect Public Relations
Holly Hagerman, 801/373-7888
hollyh@connectpr.com |
