FOUNDRY NETWORKS UNVEILS NEW ROUTING/SWITCHING ASIC SERIES.

Foundry Networks(R), Inc. (Nasdaq:FDRY), San Jose, Calif., a performance and total solutions leader for end-to-end switching and routing solutions, has introduced a new series of ASICs that will power Foundry's next-generation product lines designed to give enterprises and service providers advanced switching and routing functionalities, port density and scalability, jumbo frame support and high-value capabilities, including flexible bandwidth management, network monitoring and accounting, packet filtering, quality of service provisioning and access control, at unparalleled performance. The first new product based on Foundry's JetCore(TM) ASIC chipset, the FastIron(R) 4802 Layer 2/3 Ethernet stackable switch for the enterprise wiring closet and Metro access markets, is availabile now. Purpose-built to meet the feature, performance and scalability needs of the emerging high-bandwidth enterprise, Metro and Internet infrastructures, Foundry's JetCore chipset will be the foundation of Foundry's next-generation switching and routing platforms as well as the future revisions of Foundry's industry leading NetIron(R) Internet routers and BigIron(R) Layer 3 Gigabit Ethernet switches.

"Bandwidth provisioning is a key requirement for Metro service providers," said Dave Passmore, research director at the Burton Group. "Vendors such as Foundry are making it cost-effective for Metro service providers to provision service by integrating bandwidth reservation and limit features into the ASIC."

Foundry's JetCore ASIC chipset features advanced switching and routing functionality including integrated support for IP and IPX, Policy-Based Routing (PBR), multicast, and the ability to configure dynamic VLANs based on port, protocol or IP-subnet. Integrated granular bandwidth management features include the ability to apply bandwidth policies at wirespeed based on port, port plus priority, or Layer 4 session flows identified by source or destination IP address, source or destination TCP/UDP port numbers and protocol type. Foundry's JetCore ASICs' integrated bandwidth-provisioning functionalities, including Committed Access Rate (CAR)-like bandwidth control features, support wire-speed rate limiting at any frame size. Hewlett Packard Company's Extended RMON (XRMON) technology is integrated into Foundry's JetCore ASIC chipset to provide extensive network monitoring, accounting and statistics capabilities while providing wire-speed switching and routing. Building on the functionality, performance and scalability advances of second generation ASICs, Foundry products powered by third generation JetCore ASICs will deliver unparalleled port density, switching and routing capabilities and price/performance.

"JetCore ASICs represent the third generation of ASICs from Foundry in a four year span," said Bobby Johnson, president and CEO of Foundry Networks. "The new ASIC chipsets underscore Foundry's commitment to our customers to equip them with industry leading products and technologies," continued Johnson.

"As part of our relationship with Foundry, HP has provided Extended RMON technology for implementation into Foundry's JetCore ASICs," said John McHugh, general manager, HP Procurve Networking Business. "This technology gives customers industry-leading traffic monitoring capabilities, on high-speed connections."

The JetCore ASIC chipset family consists of different ASICs that provide various combinations of 10/100 or Gigabit Ethernet ports. Built on 0.18 micron technology, Foundry's JetCore ASICs pack performance, functionality, and density into a compact design that provides a high performance ASIC building block for Foundry's next-generation products.

About Foundry Networks

Foundry Networks, Inc. (Nasdaq:FDRY) is a performance and total solutions leader for end-to-end switching and routing including Internet routers, Layer 2/3 LAN switches, and Layer 4-7 Internet traffic and content delivery switches. Foundry's 3,300 customers include the world's premier ISPs and enterprises, portals, search engines, e-commerce sites, universities, and entertainment, pharmaceutical, government, financial, and manufacturing companies. Some of these customers include AOL (NYSE:AOL), EarthLink (NASDAQ:ELNK), AT&T WorldNet, MSN, Verio and Cable & Wireless (NYSE:CWP), Yahoo! (NASDAQ:YHOO), Incyte Genomics, Inc. (NASDAQ:INCY), The University of Washington, University of Miami, LucasFilm, U.S. Army, Air Force and Navy, NASA and NIH.

For more information, call 1.888.TURBO.LAN or 408/586-1897 or visit http://www.foundrynetworks.com.