Market Overview

F5 Simplifies Network Functions Virtualization for Service Providers

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New integrated solution combines lifecycle management with F5's
leading VNFs in a capacity-based consumption model

Today at its global Agility
conference, F5
Networks
(NASDAQ: FFIV)
introduced an enhanced network
functions virtualization
(NFV) offering for services that are easily
and automatically deployed, scaled, managed, and decommissioned as
service needs evolve. Available as part of a preconfigured, prepackaged
solution, F5's new VNF Manager simplifies consumption of F5's leading
portfolio of VNFs (based on BIG-IP
capabilities) that are provisioned in service providers'
software-defined networking environments.

With F5, organizations can take advantage of the complete lifecycle
management of VNF services, unlocking essential scale and automation for
newly virtualized networks without burdensome complexity. This approach
is an ideal fit for mobile operators and service providers looking to
software-based infrastructures as part of their network evolution. F5
also supports customers' existing orchestration solutions for
streamlined integration via open and extensible APIs.

"Service provider organizations have plenty of options when it comes to
virtualizing elements of their network, but what they haven't had
previously is a package that delivers consumption-based pricing that can
be tied directly to business outcomes," said James Feger, VP and General
Manager of F5's Service Provider business. "Beyond just VNFs and basic
service management, F5's new offering provides a preconfigured solution
that gives customers push-button ease-of-use for capacity thresholds,
along with service programmability and orchestration capabilities for
specialized requirements."

Unlike competitors, F5 offers right-sized solutions that are simple to
purchase, deploy, manage, and upgrade in a "pay as you grow" model with
subscription and perpetual licensing options. To help maximize
utilization, resources can be automated and tailored for current
initiatives, empowering customers to create, spin up, spin down, and add
capacity to F5 VNF services immediately and automatically—all through
the integrated F5 VNF Manager.

Additional key solution benefits include:

  • Superior Business Agility – Service providers can introduce
    differentiated services with flexible VNF service layering and
    programmable service chaining to expand network capabilities without
    sacrificing control. Preconfigured solutions support auto-scaling,
    dramatically reducing the need for manual intervention (and the
    associated potential for errors).
  • Simplified Operations – Network planning, sizing, and
    deployments can be accelerated with F5's capacity-based consumption
    models and automation features, maximizing operational flexibility
    around elements such as the mobile core and virtual edge. In addition,
    the solution enables portable VNFs that can be easily moved as needed
    throughout the network.
  • Significant Cost-Savings – F5's automated, capacity-based NFV
    capabilities reduce the risk (and expense) of both underutilization
    and overprovisioning. This approach can also successfully limit the
    spend tied to testing, along with pre- and post-deployment lifecycle
    management.

Demonstrations of F5's integrated VNF capabilities are available in
person at F5's Agility
conference, taking place this week in Boston, Mass., as well as
September's NFV
and Carrier SDN: Automation and Monetization
event in Denver, Colo.

Availability

F5's current portfolio of VNFs (based on BIG-IP capabilities) will
continue to expand, with VNF solutions focused on Gi LAN Traffic
Management and Gi Firewall generally available in September 2018, along
with F5's VNF Manager. Additional offerings focused on 3GPP-aligned
functions are also anticipated and will be announced as applicable.
Please contact a local
F5 sales office
 for more details and product availability
information pertaining to specific countries.

About F5

F5 (NASDAQ:
FFIV
) makes apps go faster, smarter, and safer for the world's
largest businesses, service providers, governments, and consumer brands.
F5 delivers cloud and security solutions that enable organizations to
embrace the application infrastructure they choose without sacrificing
speed and control. For more information, go to f5.com.
You can also follow @f5networks on
Twitter or visit us on LinkedIn and Facebook for
more information about F5, its partners, and technologies.

F5, BIG-IP, and Agility are trademarks or service marks 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.

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