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F5 Networks dominates SSL security market.

F5 Networks, Inc. (Nasdaq:FFIV), a provider of Internet Traffic Management (ITM) products, has announced that it remains the No. 1 provider of SSL (Secure Sockets Layer) acceleration products, in the Layer 4-7 Switch/Load Balancer with SSL category.

According to the Infonetics Research report, F5 continued to increase their lead to 67% unit market share and 79% revenue market share in the first half of 2002. SSL is the industry standard for securing web applications and continues to be a top decision criteria for most enterprises buying web optimization hardware solutions.

"F5's Internet traffic management products are positioned at a strategic point in the network, inspecting all traffic, making their decision to integrate SSL into their switches and appliances a wise move," said Neil Osipuk, directing analyst at Infonetics Research. "A move that benefits their customers who continue to place security as a top priority. Furthermore, as the adoption of web services increases, enterprises will need to leverage SSL to provide a secure channel for delivering all types of IP-based applications."

F5's BIG-IP family of products, which include IP Application Switches and appliances, are capable of handling both the intelligent management of traffic and SSL termination on a single integrated platform. The BIG-IP systems' built-in SSL acceleration feature effectively increases a customer's ROI when deploying web services and applications by consolidating hardware, SSL processing, Private Key and SSL Certificate Management.

"We've witnessed widespread SSL adoption by our customers because our BIG-IP solution, in addition to SSL acceleration, also serves as an enforcement point for securing application and web services," said Dan Matte, vice-president of product management and marketing at F5 Networks. "The BIG-IP system is an excellent addition for strengthening overall business security and our No. 1 market share position for SSL underscore's F5's commitment to delivering the market's most advanced traffic management products that support our customers' stringent security requirements."
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Title Annotation:Secure Sockets Layer
Comment:F5 Networks dominates SSL security market.(Secure Sockets Layer)
Publication:EDP Weekly's IT Monitor
Geographic Code:1USA
Date:Sep 16, 2002
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