F5’s Karl Triebes Honored by Seattle Business Magazine as CTO of the Year

Award recognizes outstanding leadership in guiding growth, profitability, and innovation.

F5 Networks (NASDAQ: FFIV) today announced that Chief Technical Officer Karl Triebes was named CTO of the Year in Seattle Business magazine’s 2015 Executive Excellence Awards.

“It’s an honor to be named CTO of the Year,” said Triebes. “I’m fortunate to be surrounded by a team of innovative engineers, who continue to challenge the status quo by delivering industry-leading technology. Seattle continues to be a hotbed of tech innovation and I’m very proud to receive this recognition in an area that is so deep in talent.”

The third annual Executive Excellence Awards recognize executives who have demonstrated outstanding leadership and guided their organizations through growth, profitability, and innovation. Recipients were selected by a panel of executive judges from companies and organizations across Washington state.

“Karl Triebes was honored for playing a critical role in the success of F5,” said Leslie Helm, editor of Seattle Business magazine. “In the past year he has been pivotal in the company’s push to expand its application delivery capabilities in security, cloud and software-defined networking.”

Triebes has 24 years of experience as a technology executive and has served as CTO and EVP of Product Development for F5 since 2004. He has grown F5’s product development team by over 400%, expanded product offerings into new markets, and guided interoperability with strategic partner technologies. Furthermore, Triebes has been a key thought leader and speaker in the industry and has served on the board of directors for the Washington Technology Industry Association since 2009.

About F5

F5 (NASDAQ: FFIV) provides solutions for an application world. F5 helps organizations seamlessly scale cloud, data center, and software defined networking (SDN) deployments to successfully deliver applications to anyone, anywhere, at any time. F5 solutions broaden the reach of IT through an open, extensible framework and a rich partner ecosystem of leading technology and data center orchestration vendors. This approach lets customers pursue the infrastructure model that best fits their needs over time. The world’s largest businesses, service providers, government entities, and consumer brands rely on F5 to stay ahead of cloud, security, and mobility trends. For more information, go to f5.com.

You can also follow @f5networks on Twitter or visit us on Facebook for more information about F5, its partners, and technologies.

F5 is a trademark of F5 Networks, Inc., in the U.S. and other countries. All other product and company names herein may be trademarks of their respective owners.

This press release may contain forward looking statements relating to future events or future financial performance that involve risks and uncertainties. Such statements can be identified by terminology such as "may," "will," "should," "expects," "plans," "anticipates," "believes," "estimates," "predicts," "potential," or "continue," or the negative of such terms or comparable terms. These statements are only predictions and actual results could differ materially from those anticipated in these statements based upon a number of factors including those identified in the company's filings with the SEC.

F5 Networks, Inc.Nathan Misner, 206-272-7494n.misner@f5.comorWaggener Edstrom WorldwideAshley Paula, 415-547-7024apaula@waggeneredstrom.com

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