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Foundry Double Winner With Best Of Show Products At Asia's Premier Telecommunications And Network Technology Event

ServerIronGT E-Series Layer 4-7 Application Switches and NetIron 40G IPv6 Service Provider Router Win Best of Show Awards at Networld + Interop Tokyo 2004

San Jose, CA, July 7, 2004 - Foundry Networks®, Inc. (Nasdaq: FDRY) a performance and total solutions leader for end-to-end switching and routing, today announced that its products earned two "Best of Show" awards at Networld + Interop (N+I) Tokyo 2004, Asia's largest telecommunications and network technology event, which took place last week in Chiba, Japan.

Foundry's new ServerIron®GT E-series family of Layer 4-7 application switches earned the "Grand Prix" award as Best Infrastructure product for Enterprises, while Foundry's NetIron® 40G router earned a "Special Prize" award, second only to Cisco, in the ISP and Carrier Infrastructure category.

"These wins demonstrate not only the strength and breadth of our product line – they are the result of our continued dedication to building innovative products with the best performance, scalability, availability and security for deployment in business-critical network infrastructures," said Bobby Johnson, president and CEO of Foundry. "We are delighted to earn honors in both the enterprise and service provider categories in Tokyo."

About the ServerIronGT E-Series Switches

Introduced in June 2004, the ServerIronGT E-Series is the industry's highest-performance family of application management/Layer 4-7 web appliances, and includes multi-Gigabit and 10-Gigabit Ethernet models with performance and port expandability for maximum investment protection.

Built for deployment within business-critical application and server farm infrastructures, the ServerIronGT E-series family includes the industry's first high-availability 10-Gigabit Ethernet application management appliance. The E-series products enable users to build and deploy scalable, high-performance and robust application server farms with a comprehensive set of load balancing methods, in-depth network defense and intelligent and configurable content inspection and switching. The E-series switches protect the integrity and availability of mission-critical services and applications with a suite of network defense measures including extended access control lists, detection and mitigation of distributed denial of service attacks (DDoS), protection against viruses and worms, and policy-based security control for network-level SPAM mitigation.

About the NetIron 40G Router

The NetIron 40G is Foundry's Terabit-capacity service provider 10-Gigabit Ethernet router, designed for carriers and ISPs who need a complete, robust set of IPv4 and IPv6 routing protocols including BGP, OSPF and IS-IS for Internet-grade routing. It leverages Foundry's fourth generation Terathon switching ASICs, which feature wire-speed routing and switching and a non-blocking architecture to enable the next generation of enterprise and service provider networks. The NetIron 40G router offers high-performance features such as hitless failover with non-stop forwarding, extensive scalability, granular bandwidth management and secure network and management access.

Using the NetIron 40G router, Foundry demonstrated wire-speed, 480 million packets-per-second IPv6 routing at N+I Tokyo, as well as announcing immediate availability of wire-speed dual stack IPv4/IPv6 10-Gigabit Ethernet switching and routing solutions for the Japanese market.

About Foundry Networks

Foundry Networks, Inc. (NASDAQ: FDRY) is a leading provider of high-performance enterprise and service provider switching, routing, security and Web traffic management solutions, including Layer 2/3 LAN switches, Layer 3 Backbone switches, Layer 4-7 application switches, wireless LAN and access points, metro routers and core routers. Foundry's customers include the world's premier ISPs, metro service providers, and enterprises, including e-commerce sites, universities, entertainment, health and wellness, government, financial and manufacturing companies. For more information about the company and its products, call 1.888.TURBOLAN or visit www.foundrynet.com.

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