Family of Convergence-Ready Layer 2/3 Switches Recognized for Unified Communications Marketplace Leadership and Innovation

Middle East. – (March 19, 2008) – Foundry Networks®, Inc. (NASDAQ:
FDRY), a performance and total solutions leader for end-to-end
switching and routing, today announced its FastIron® SuperX™ family of
Power over Ethernet (PoE)- and 10 gigabit Ethernet (10GbE)-ready Layer
2/3 switches won the 2007 Product of the Year Award from Technology
Marketing Corporation’s (TMC®) Unified Communications® magazine. This
prestigious honor joins a long list of accolades Foundry™ has received
for its technological leadership and industry-leading products
throughout its more than decade-long commitment to scalable, reliable,
innovative and proven networking solutions.

In determining award recipients, Unified Communications editors
selected the companies, which in their view, demonstrated the vision,
leadership and attention to detail that are the hallmarks of the
prestigious Product of the Year award winners. Companies earning this
distinction have demonstrated a commitment to quality, and a dedication
to further the development and growth of the unified communications
marketplace through their innovative contributions.

“Unified Communications is pleased to give Foundry’s FastIron SuperX
family of switches a 2007 Product of the Year Award,” said Rich
Tehrani, TMC president and editor-in-chief of Unified Communications
magazine. “With the FastIron SuperX family, it continues its commitment
to creating solutions for the unified communications marketplace
through comprehensive excellence and quality. We are proud to recognize
Foundry’s leadership and accomplishments and look forward to further
innovation from the company going forward.”

The FastIron SuperX is a family of modular wire-speed switches designed
for high-performance PoE 10/100/1000 Mbps environments, providing a
scalable and cost-effective solution for unified and converged
communications applications and services. Featuring full switching and
routing capabilities and supporting up to 36 10GbE ports or 384
10/100/1000 Mbps Ethernet ports, the FastIron SuperX family is a
flexible solution that works well in both network edge and backbone
applications.

"We are pleased that the industry-leading FastIron SuperX family has
received the Unified Communications 2007 Product of the Year Award,"
said Bob Schiff, vice president and general manager for Foundry’s
Enterprise Business Unit. "As enterprises continue to deploy 10 gigabit
Ethernet and unified networks with voice, video and data over IP, the
FastIron SuperX family provides a flexible, proven, scalable and
cost-effective solution that can meet the evolving demands of
next-generation enterprises."

A full list of Product of the Year winners will be published in the
March 2008 issue of Unified Communications magazine, www.uc-mag.com .

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