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Foundry Networks Announces Updated Financial Conference Schedule

San Jose, CA - May 8, 2006 -Foundry Networks™, Inc. (Nasdaq: FDRY), today announced the following upcoming financial community events:

  • May 10, 2006—Baird's 2006 Growth Stock Conference
    Location: Chicago, IL
    Time: 10:05 a.m. Local Event Time
    Presenter: Tim Heffner, Chief Financial Officer

  • May 24, 2006—34th Annual JP Morgan Technology Conference
    Location: San Francisco, CA
    Time: 4:20 p.m. Local Event Time
    Presenter: Tim Heffner, Chief Financial Officer

  • June 12, 2006—Bear Stearns 17th Annual Technology Conference
    Location: New York, NY
    Time: 1:45 p.m. Local Event Time
    Presenter: Tim Heffner, Chief Financial Officer

These presentations can be accessed on the Internet at www.foundrynetworks.com, under the Investor Relations page.

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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