F5 Appoints Director

SEATTLE -- F5 Networks, Inc. (NASDAQ:FFIV - News), the global leader in Application Delivery Networking, today announced the appointment of Scott Thompson, President of PayPal, an eBay Company, to its board of directors.

Mr. Thompson joined PayPal in February 2005 as Senior Vice President and Chief Technology Officer where he oversaw information technology, product development, systems architecture and risk for PayPal. From April 2000 to February 2005, he served as Executive Vice President and Global Chief Information Officer for Inovant/VISA International. From August 1997 to April 2000, he served as Chief Technology Officer and Executive Vice President, Systems Group at VISA USA. Mr. Thompson holds a B.S. in Accounting from Stonehill College.

Scott’s background and understanding of strategic technology platforms and global infrastructure will be a great asset to the board here at F5,” said John McAdam, President and Chief Executive Officer of F5. “We are very pleased that Scott has agreed to join our board. His business expertise and his experience in managing a global IT organization bring an important perspective that will further strengthen our board,” said Alan J. Higginson, Chairman of F5.

F5 Networks Inc.