New ServerIron 4G-SSL-FIPS Provides Organizations a Certified Solution for Secure Application Delivery 

SANTA CLARA, Calif. – (April 9, 2008) – Foundry Networks®, Inc.
(NASDAQ: FDRY), a performance and total solutions leader for end-to-end
switching and routing, today announced the award-winning ServerIron® 4G
Series of application delivery switches now has enhanced security to
meet or exceed the stringent requirements imposed by United States
Federal Government agencies and security sensitive vertical industries,
such as financial services, federal and health care. Integrated into
the ServerIron 4G-SSL-FIPS platform, the Federal Information Processing
Standards (FIPS) 140-2 level 2 certified Secure Sockets Layer (SSL)
encryption capabilities deliver physical tamper evidence, role- and
identity-based authentication, and sophisticated key management to
encrypt Web traffic over the Internet.

In a recently published 2007 Computer Security Institute (CSI) Computer
Crime and Security Survey, the average annual loss by U.S. companies
more than doubled, from $168,000 in last year’s report to $350,424 in
this year’s survey. This growing trend around internal and external
security breaches continues to stifle business productivity and cause
businesses greater financial losses than in previous years. To prevent
similar attacks and secure application intensive networks, ServerIron
4G-SSL-FIPS compact application delivery switches integrate the FIPS
certification security requirements with the performance, high
availability and security features available in Foundry’s award-winning
application delivery switches.

"Security is an ongoing focus for organizations worldwide and the
growing importance of confidentiality and privacy makes the level of
security an even more important factor when selecting networking
solutions,” said Bob Schiff, vice president and general manager for
Foundry’s Enterprise Business Unit. “In deploying Foundry’s ServerIron
FIPS-certified application delivery solution, organizations that
require advanced security have a powerful and proven solution to
protect their application delivery infrastructure.”

The FIPS Publication 140-2 standard specifies the security requirements
that are to be satisfied by a cryptographic module utilized within a
security system protecting unclassified information within computer and
telecommunication systems (including voice systems).

Foundry’s ServerIron family of application delivery and traffic
management switches is the industry leader in high availability,
acceleration, security and scalability for business-critical IP, Web
and Voice over IP (VoIP) applications. The ServerIron family provides a
total solution for server load balancing, application (Layer 7)
switching, server farm and application security, SSL acceleration,
compression, and multi-site redundancy. The ServerIron products are
almost exclusively used by more than 2,000 of the world’s most
demanding organizations.

The ServerIron 4G-SSL-FIPS application delivery switch is available
now. For more information on the product, please visit

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 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 .

Safe Harbor Statement

The foregoing may contain "forward-looking statements" which are based
on management’s current information and beliefs as well as on a number
of assumptions concerning future events made by management. These
forward-looking statements include, without limitation, statements by
executives or spokespeople regarding Foundry’s product capabilities,
feature enhancements, positioning and potential plans. Any
forward-looking statements in this press release are only predictions
and are subject to a number of risks and uncertainties, which could
cause actual results to differ materially. Foundry assumes no
obligation to update the forward-looking statements contained in this
press release. Furthermore, no statements made by Foundry Networks,
Inc. ("Foundry") in this press release, or information contained
herein, may be deemed to constitute either an amendment of an existing
agreement or an implied new commitment, promise or legal obligation by
Foundry to develop or deliver any specific product, feature or

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