SANTA CLARA, Calif., April 2, 2008 (PRIME NEWSWIRE) -- Foundry Networks(r), Inc. (Nasdaq:FDRY), a performance and total solutions leader for end-to-end switching and routing, today announced it is positioned in the leaders quadrant in the Gartner, Inc. Magic Quadrant for Campus LAN (Global), 2008 report(1). A leading worldwide IT research and advisory firm, Gartner evaluated local area network (LAN) vendors worldwide for this report on an established set of criteria focused on a vendor's ability to execute and completeness of vision. Based on the evaluation, Gartner positions each vendor in one of four quadrants: leaders, challengers, visionaries or niche players.
To receive a full copy of the report, compliments of Foundry Networks, visit www.foundrynet.com/magicquadrant.
According to Gartner, "A leader has demonstrated a sustained ability to meet the changing needs for mainstream LAN switching architectures. A leader also has an ability to shape the market and maintain strong relationships with its channels and customers, and has no major gaps in the portfolio."
"We are very pleased that Gartner has positioned Foundry Networks in the leaders quadrant," said Bobby Johnson, president and CEO for Foundry Networks. "We believe Foundry's placement underscores our long-standing commitment to high performance, continuous innovation, and world-class customer service and support in our advanced networking solutions benefiting customers. Our industry-leading switching and routing products provide feature sets that allow organizations to build scalable, and cost-effective networking infrastructures that support convergence-based applications and open standards to enable greater business efficiency and competitive differentiation and advantage."
Foundry Networks offers complete edge-to-core networking solutions based on advanced switching, routing and traffic management technologies to deliver the security, reliability and performance required by information-driven organizations. The company's proven expertise in security, convergence, next-generation infrastructure, application traffic management, and high-performance computing helps industry leaders across the globe advance their businesses and resolve current and future IT challenges. By focusing on these core strategies, Foundry delivers innovative, end-to-end solutions enhanced by industry-leading customer service and support that strengthen communication, collaboration and business service delivery.
About the Magic Quadrant
The Magic Quadrant is copyrighted 26 March 2008 by Gartner, Inc. and is reused with permission. The Magic Quadrant is a graphical representation of a marketplace at and for a specific time period. It depicts Gartner's analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the Magic Quadrant, and does not advise technology users to select only those vendors placed in the "Leaders" quadrant. The Magic Quadrant is intended solely as a research tool, and is not meant to be a specific guide to action. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
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 www.foundrynet.com.
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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 positioning and potential plans, as well as Gartner, Inc.'s statements regarding the Magic Quadrant for Campus LAN (Global), 2008. The 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 functionality.
(1) Magic Quadrant for Campus LAN (Global), 2008, Mark Fabbi, 26 March 2008