Headquarters
4980 Great America Parkway
Santa Clara, CA 95054
Phone: 408-207-1700
Fax: 408-731-3899
www.foundrynet.com
Basics
Sector: Technology
Industry: Networking & Communication Devices
Full Time Employees: 981
Background
Foundry Networks, Inc. designs, develops, manufactures, markets, and sells switching and routing solutions for wired and wireless local area networks (LAN), metropolitan area networks (MAN), wide area networks (WAN), and other infrastructure products worldwide. It also sells various fixed configuration switches and modular platforms. The company's products include edge and backbone Ethernet switches, Web and content-aware application switches, network-wide security solutions, wireless LAN and access points, wide area access routers, and internet provider edge and service provider core MPLS routers. It sells its products and services through its direct sales efforts, resellers, and integration partners. The company's customers include Internet service providers, metro service providers, and enterprises, including government agencies, education, healthcare, entertainment, automotive, energy, retail, financial services, aerospace, technology, transportation, and e-commerce companies. Foundry Networks, Inc. was founded in 1996 and is based in Santa Clara, California.
Officers
Mr. Bobby R. Johnson Jr., 51
Co-Founder, Chief Exec. Officer, Pres
Mr. Lawrence L. Akin, 59
Sr. VP of Worldwide Sales
Mr. Timothy D. Heffner, 58
VP of Corp. Devel. $ 400.00K/yr
Mr. Ken K. Cheng, 52
VP $ 520.00K/yr
Mr. Paul L. Twombly, 56
VP of Customer Support
Governance
Foundry Networks, Inc.'s Corporate Governance Quotient (CGQ®) as of 18-Mar-08 is better than 16.5% of S&P 400 companies and 56.8% of Technology Hardware & Equipment companies.
Exchange
NASDAQ
Ownership
Shares Outstanding: 150.03M
Float: 137.87M
% Held by Insiders: 8.15%
% Held by Institutions: 96.90%
Major shareholders
Royce, Barclays, Wells Fargo, etc.
http://finance.yahoo.com/q/mh?s=FDRY
Promotion
Financial considerations
Total Cash: 907.61M
Total Debt: 0
Book Value Per Share: 7.119
Operating Cash Flow: 105.94M
Levered Free Cash Flow: 16.25M
Recent developments
Foundry Networks Continues Intelligent Security Solutions Leadership At RSA Conference 2008
Tuesday April 1, 2:06 pm ET
Furthers Industry Innovation Through Activities With Security Partners and the Exhibition of Intelligent Networking Infrastructure Solutions
SANTA CLARA, Calif. and SAN FRANCISCO, April 1, 2008 (PRIME NEWSWIRE) -- Foundry Networks(r), Inc. (NasdaqGS:FDRY - News), a performance and total solutions leader for end-to-end switching and routing, today announced that it will be exhibiting and demonstrating security solutions at RSA Conference 2008, April 7 to 11, at San Francisco's Moscone Center. Foundry will be exhibiting enterprise security solutions in Booth 1033 in the main hall. In addition, Foundry will be working with security partners Microsoft, Impulse Point and Q1 Labs to better demonstrate how best-of-breed security and networking provide maximum business critical benefits to organizations.
As part of the company's activities, Foundry will be presenting how enterprises can benefit from intelligent networking solutions at its booth every 45 minutes. In the booth's theater, Franchesca Walker, director of marketing, Enterprise Solutions, will discuss ``Empowering the Intelligent Edge,' which showcases how Foundry empowers the intelligent edge through robust features and solutions in infrastructure, management, security, mobility and leadership.
In addition to Ms. Walker's presentation, Gary Hemminger, director of product marketing, Application Delivery, will discuss ``Empowering Intelligent Application Delivery' and how Foundry's application delivery solutions provide intelligent application deployments with a comprehensive set of security, performance, scalability, and services to both enterprises and service providers.
To enhance enterprise security solutions, Foundry will be joining with Microsoft, a Foundry Global Alliance partner, in its booth to promote Network Access Protection (NAP) and a joint NAP solution to control access to network resources. Two additional Foundry Premier Alliance security partners, Impulse Point and Q1 Labs, will be joining Foundry in its booth to demonstrate how Impulse Point helps joint customers tackle Network Access Control (NAC), and how Q1 Labs aids customers in extending advanced security information and event management (SIEM).
To support the networking security needs of varying organizations, Foundry's IronPowered Technology Alliance Program delivers best-in-class solutions with industry-leading security companies, including Microsoft, Impulse Point, Q1 Labs and Symantec. The IronPowered Technology Alliance Program delivers customers added value through strategic partnerships, implementation of joint technology solutions and proven interoperability engineered for the escalating requirements and complex needs of Foundry's worldwide customers. These collaborations deliver joint customers a simplified integrated security solution through interoperability testing, and a worldwide best-in-class technology training/support infrastructure.
About the RSA Conference
RSA Conference is helping drive the security agenda worldwide with annual events in the U.S., Europe and Japan. Throughout its 17 year history, RSA Conference has consistently attracted the world's best and brightest in the field, creating opportunities for conference attendees to learn about IT security's most important issues through first-hand interactions with peers, luminaries and both emerging and established companies. As the IT security field continues to grow in importance and influence, RSA Conference plays an integral role in keeping security professionals across the globe connected and educated. For more information and conference dates, visit
http://www.rsaconference.com.
About Foundry Networks
Foundry Networks, Inc. (NasdaqGS:FDRY - News) 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, access routers and metro 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
http://www.foundrynet.com.
The Foundry Networks, Inc. logo is available at
http://www.primenewswire.com/newsroom/prs/?pkgid=2756
Contact:
Foundry Networks
Foundry Media Contact
Brian Gong
408.207.1348
bgong@foundrynet.com
FD
Foundry Investor Contact
Brendan Lahiff
415.293.4425
brendan.lahiff@fd.com
King Capital Investment Group
http://kingcapital.tripod.com