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Technology Stocks : F5 Networks, Inc. (FFIV) -- Ignore unavailable to you. Want to Upgrade?

To: puborectalis who wrote (1430)	11/19/2002 7:03:29 AM
From: puborectalis	Read Replies (1) \| Respond to of 1801

F5 Networks Ranked 16th Fastest Growing Technology Company in North America Tuesday November 19, 7:00 am ET 2002 Deloitte & Touche Technology Fast 500 ranking recognizes F5 Networks for its 46,785 percent five-year revenue growth SEATTLE--(BUSINESS WIRE)--Nov. 19, 2002-- F5 Networks, Inc. (Nasdaq:FFIV - News), the leading provider of Application Traffic Management products, today announced that it ranked number 16 on the 2002 Deloitte & Touche Technology Fast 500, a ranking of the 500 fastest growing technology companies in North America. ADVERTISEMENT Rankings are based on percentage revenue growth over five years, from 1997-2001. F5 grew 46,785 percent during this period. "We are very honored to be recognized by Deloitte & Touche in the highly competitive technology sector," said John McAdam, president and CEO, F5 Networks. "F5's success and steady growth is really a result of our company's ability to stay focused on solving customers' real business problems while effectively increasing the ROI of their network infrastructure investments. This capability becomes even more important in a tough economy." "With its ranking on the prestigious Deloitte & Touche Technology Fast 500, F5's leaders have proven that they have the vision and the fortitude to excel in the highly competitive technology industry," said Mark A. Evans, managing director of Deloitte & Touche's Technology, Media & Telecommunications Group. "We congratulate F5 on becoming one of the 500 fastest growing technology companies in the United States and Canada." In addition to ranking on the Deloitte & Touche Technology Fast 500, F5 placed number 3 on the Washington State Technology Fast 50, which is a ranking of the 50 fastest growing technology firms in Washington State. Fast 500 Selection and Qualifications The Fast 500 list is compiled from three sources: Deloitte & Touche's 20 regional North American Fast 50 programs, nominations submitted directly to the Fast 500, and public company database research. To qualify for the Fast 500, companies must have had 1997 operating revenues of at least $50,000 USD and $75,000 CD, for United States and Canada respectively, must be public or private companies headquartered in North America, and be "technology companies" defined as companies that own proprietary technology that contributes to a significant portion of the company's operating revenues or devote a high percentage of effort to research and development of technology. Technology Fast 500 winners are invited to an exclusive CEO Summit held each spring. The CEO Summit, now in its fifth year, is designed to address the unique business challenges facing these super-charged technology companies.