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January 25, 2008

F5 Networks Announces Appointment of New Director

SEATTLE --(Business Wire)-- F5 Networks, Inc. (NASDAQ:FFIV), the global leader in Application Delivery Networking, today announced the appointment of Scott Thompson, President of PayPal, an eBay Company, to its board of directors.

Mr. Thompson joined PayPal in February 2005 as Senior Vice President and Chief Technology Officer where he oversaw information technology, product development, systems architecture and risk for PayPal. From April 2000 to February 2005, he served as Executive Vice President and Global Chief Information Officer for Inovant/VISA International. From August 1997 to April 2000, he served as Chief Technology Officer and Executive Vice President, Systems Group at VISA USA. Mr. Thompson holds a B.S. in Accounting from Stonehill College.




"Scott's background and understanding of strategic technology platforms and global infrastructure will be a great asset to the board here at F5," said John McAdam, President and Chief Executive Officer of F5.

"We are very pleased that Scott has agreed to join our board. His business expertise and his experience in managing a global IT organization bring an important perspective that will further strengthen our board," said Alan J. Higginson, Chairman of F5.

About F5 Networks

F5 Networks is the global leader in Application Delivery Networking. F5 provides solutions that make applications secure, fast and available for everyone, helping organizations get the most out of their investment. By adding intelligence and manageability into the network to offload applications, F5 optimizes applications and allows them to work faster and consume fewer resources. F5's extensible architecture intelligently integrates application optimization, protects the application and the network, and delivers application reliability -- all on one universal platform. Over 16,000 organizations and service providers worldwide trust F5 to keep their applications running. The company is headquartered in Seattle, Washington, with offices worldwide. For more information, go to 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.

(source: http://www.tmcnet.com/usubmit/-f5-networks-announces-appointment-new-director-/2008/01/25/3230531.htm)




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