F5 APPOINTS AVNET TECHNOLOGY SOLUTIONS AS DISTRIBUTOR IN INDIA

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August 24th, 2009 Leave a comment Visited 34 times, 1 so far today

The new agreement extends application delivery networking to the Indian market

Mumbai, India, August 24, 2009: F5 Networks, Inc. (NASDAQ: FFIV), a leading application delivery solutions company, today announced a distribution agreement with Avnet Technology Solutions, a value-added IT distributor and an operating group of Avnet, Inc. (NYSE: AVT)) in India. The agreement will enable Avnet to offer the full suite of F5 solutions to the India business partner community.

Satyen Parikh, managing director, F5 Networks, stated, “Working with Avnet will allow us to deliver solutions specifically designed to meet the business requirements of Indian customers in the application delivery space. We are aggressively expanding our marketing and services efforts in India to meet these requirements, and we see Avnet as the ideal platform to extend our reach into the Indian business partner community.”

Citing confidence in the new partnership with Avnet, Parikh added, “Through its premier market position with an extensive network of business partners and offices spanning seven cities in India, Avnet Technology Solutions will add value to our channel by helping us build stronger alliances with key national and regional system integrators.”

G. Balakrishnan, managing director and country manager, Avnet Technology Solutions, India, stated, “We will present our business partners with cutting-edge networking solutions from F5 that resonate with the requirements of the Indian channel market. Combined with our comprehensive channel approach around logistics, sales, technical, marketing and financial services, we will position our channel partners as premier solution providers and accelerate their success.”

“In these cost-conscious times, business priorities include achieving greater efficiency, cost reduction and shorter time-to-market for revenue-generating services. However, CIOs and IT organizations are frustrated by their inability to respond quickly to changing business needs due to the inflexibility of their IT infrastructure. F5 solutions enable enterprises to add, remove, grow and shrink application and data services on demand, regardless of their location, therefore stretching IT budgets and creating IT agility,” added Parikh.

This is achieved through the modular design of the F5 Application Delivery Controllers, which combine application traffic management, Web application security and acceleration features within a single device. The benefits are deferred hardware acquisition, lower power and cooling costs, less rack space and simplified management of a system. According to IDC, the market for Layer 4-7 network switching in India is estimated to be worth US$32 million by 2013.

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. By adding intelligence and manageability into the network to offload applications and optimize the data storage layer, F5 extends the power of intelligent networking to all levels of application delivery. F5’s extensible architecture intelligently integrates application optimization, protects the application and the network, and delivers application reliability. 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, visit www.f5.com.

About Avnet Technology Solutions

Avnet Technology Solutions is an operating group of Phoenix-based Avnet, Inc. As a global

technology sales and marketing organization, Avnet Technology Solutions has sales divisions focused on specific customer segments and a select line card strategy enabling an exceptional level of attention to the needs of its customers and suppliers. For fiscal year 2009, the group served customers in more than 35 countries and generated US $7.04 billion in annual revenue. For more information, visit www.ats.avnet.com.

About Avnet

Avnet, Inc. (NYSE:AVT), a Fortune 500 company, is one of the largest distributors of electronic components, computer products and embedded technology serving customers in more than 70 countries worldwide. Avnet accelerates its partners’ success by connecting the world’s leading technology suppliers with a broad base of more than 100,000 customers and by providing cost-effective, value-added services and solutions. For the fiscal year ended June 28, 2009, Avnet generated revenue of $16.23 billion. For more information, visit www.avnet.com.

Media Contact:

Melinda Ilagan

Senior Associate

EASTWEST Public Relations

77B Amoy Street, Singapore 069896

HP 65.9816.4529 Skype melinda_ewpr

Email avnet {at} eastwestpr(.)com

http://www.eastwestpr.com





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