F5 Networks achieves highest worldwide revenue and market share growth in the total Layer 4-7 Ethernet switch market

February 24, 2005

1 Min Read

SEATTLE -- F5 Networks, Inc. (Nasdaq:FFIV - News), the global leader in Application Traffic Management, announced today that it has achieved the greatest worldwide market share and revenue growth quarter over quarter for the Layer 4-7 (L4-7) Ethernet Switch total(1) market segment. According to the latest Dell'Oro Group Report(2), F5 increased its L4-7 product revenue by $9.7 million, which is a 39 percent increase in revenue over the previous quarter. This represents a five percent market share gain and the highest quarterly revenue growth of any vendor in the segment.

"Customer and partner reaction to our next generation BIG-IP product has been very enthusiastic and demand during the quarter exceeded our expectations," said Erik Giesa, Vice-President of Product Management and Marketing at F5 Networks. "The compelling ROI offered by our IP Application Switches, the expansive range of new BIG-IP functionality, and F5's groundbreaking Traffic Management Operating System has further increased F5's leadership in the marketplace and should continue to provide us with new market opportunities."

(1) Dell'Oro defines the 'total' Switched Ethernet L4-7 Server Load Balancing market to include modular and fixed switches.

(2) Source: Dell'Oro CY Q4 2004 Market Share Report (Layer 4-7) Ethernet Switch Report, February, 2005.

F5 Networks Inc.

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