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Foundry Networks' NetIron® XMR 32000 Core Router Awarded "Best Of Show" At Interop Tokyo 2006

SANTA CLARA, Calif. – (June 8, 2006) – Foundry Networks®, Inc. (NASDAQ: FDRY), a performance and total solutions leader for end-to-end switching and routing, today announced that the NetIron XMR 32000 IP and MPLS core router was awarded "Best of Show" for the Infrastructure Core Product category at Interop Tokyo 2006, the premier telecommunications and network technology event which was held this week in Tokyo from June 7 through June 9, 2006.

Based on Interop Tokyo's meticulous and very high standards of judging, Foundry Networks' NetIron XMR 32000 won the "Best of Show" award in the Infrastructure Core Products category because of its innovative hardware design, industry leading 1-GbE and 10-GbE density and performance, extensive IPv4/IPv6 and MPLS features, and 100-GbE readiness.

"We feel high-performance is in the DNA of Foundry's products," said Kazumasa Kobayashi, Internet Tokyo 2006 Network Operations Center (NOC) manager.  "Foundry's NetIron XMR Router series has excellent port density, scalability, and proven interoperability. In addition, we are looking forward to working with Foundry closely to improve IPV6 development and awareness around the world."

This is the third consecutive year Foundry Networks has earned a "Best of Show" award in this category, which demonstrates Foundry's leadership in delivering innovative network infrastructure solutions to the world's most demanding enterprise and service provider customers.

"It is with great honor that we accept the "Best of Show" award in the category of Infrastructure Core Products for the NetIron XMR 32000 IP and MPLS core router at Interop Tokyo 2006," said Bobby Johnson, president and chief executive officer for Foundry Networks. "We feel the NetIron XMR 32000 provides service providers greater choice when selecting a core routing solution; it resolves many of the shortfalls of alternative systems with an edge-to-core solution that both future-proofs the network and delivers unparalleled performance, reliability, scalability and resiliency."

About the NetIron XMR 32000
The NetIron XMR 32000 IP and MPLS Core Router is Foundry's latest edition to the NetIron XMR Series.  The NetIron XMR 32000 establishes a new class of IPv4/IPv6/MPLS routers designed for the emerging broadband service provider infrastructure that will cement the foundation for multi-play services, as well as converged backbone and broadband VPN offerings. The NetIron XMR 32000 represents a major breakthrough in router performance and capacity by providing two billion packets per second (Bpps) of IP/MPLS routing, and up to 128 non-blocking 10 Gigabit Ethernet (10-GbE) ports in a single system. The router is powered by a fully redundant non-blocking 7.68 terabits per second (Tbps) switch fabric based on state-of-the-art Clos fabric architecture. The massive capacity of the NetIron XMR Series will enable bandwidth intensive applications, such as video-on-demand, broadcast television, and large scale Voice over IP (VoIP).

About Interop Tokyo
Interop Tokyo showcases the very latest platform technology essential for realizing advanced network environments and a range of solutions used for such, and is a fantastic opportunity to come into contact with the latest network technology and solutions in three ways – through its promotions, presentations, and educational programs.

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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