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Foundry Networks Announces Updated Financial Conference Schedule

San Jose, CA - August 2, 2005 - Foundry Networks™, Inc. (Nasdaq: FDRY), today announced the following upcoming financial community events:

August 4, 2005
RBC Capital Markets North American Technology Conference
Location: San Francisco, CA
Time: 9:30 a.m. Local Event Time
Presenter: Michael Iburg, Treasurer

September 7, 2005
Kaufman Brothers Eighth Annual Investor Conference
Location: New York, NY
Time: 11:30 a.m. Local Event Time
Presenter: Tim Heffner, Chief Financial Officer

September 8, 2005
Smith Barney Citigroup Global Technology Conference
Location: New York, NY
Time: 9:20 a.m. Local Event Time
Presenter: Tim Heffner, Chief Financial Officer

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 routers 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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