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FOUNDRY NETWORKS INC

Peavey Electronics Keeps the Rock & Roll Industry Wailing With Foundry Networks
2/20/2008

Musical Instrument and Sound Equipment Pioneer Selects Foundry's Networking Solution to Continue Innovation Including Web-based Guitar Customization

SANTA CLARA, Calif. and MERIDIAN, Miss., Feb 20, 2008 (PrimeNewswire via COMTEX News Network) --
Foundry Networks(r), Inc. (Nasdaq:FDRY), a performance and total solutions leader for end-to-end switching and routing, today announced that Peavey Electronics, one of the world's largest designers and suppliers of musical instruments and professional sound equipment, today announced their selection of Foundry's(tm) 10 gigabit Ethernet (10GbE) switches. Foundry's 10GbE FastIron(r) SuperX(tm) and FastIron GS Layer 2/3 PoE-ready switches were installed as part of Peavey's network upgrade to support the high performance and efficiency requirements Peavey's design and engineering teams absolutely need to develop today's most sought-after professional grade musical and sound equipment.

Peavey is one of the largest, most diversified, independently owned suppliers of musical instruments and professional sound equipment in the world with 33 design, manufacturing and distribution facilities spanning three continents. Today, with more than 180 patents in musical instrument design and audio technology and 2,000 products created in-house, Peavey is not only recognized as a music industry leader in the 136 countries its products are distributed in, but it is also a highly desired brand name by rock & roll legends and modern day pop music icons. World-renowned musicians from every musical genre use Peavey instruments and sound equipment, from rockers 3 Doors Down, Nickelback, and Joe Satriani to country icons Hank Williams, Jr. and the Grand Ole Opry. In addition to instruments, Peavey and its divisions also serve as a major audio communications conduit for industries across the board, and can be found in government installations, theme parks, airports, stadiums and buildings all over the world, such as the Sydney Opera House and New York's Apollo Theater.

With nearly all creation, design and engineering work created and stored electronically through various forms of computer aided design, Peavey designers and engineers realized that their greatest controllable barrier from product creation to completion turnaround was their ability to access, edit and save design documents. A large amount of time waste and employee frustration was experienced, prompting Peavey's commitment to upgrade their network infrastructure to Foundry's award-winning switches.

"We have large remote offices with designers and engineers located in several different locations. Since much of our design work is saved at a remote central server location for security and access purposes, we quickly realized that network performance, security and reliability are absolutely essential for us to be successful as a company," said Courtland Gray, executive vice president for Peavey Electronics. "With those key essentials in mind, we evaluated our current infrastructure vendor and all other competitive brands but selected Foundry Networks. Their heritage in networking, customer support, product quality and performance were unmatched. In order for us to be the best at what we do, we need to have the best networking solution powering our business."

The FastIron SuperX and GS Series of compact and modular Layer 2/3 switches offer industry-leading 10GbE switch density, leading Layer 2 and Layer 3 scalability for demanding enterprise-class LAN applications. With superior hardware redundancy, advanced hardware feature set, such as fine-grain bandwidth management, and wire-speed network monitoring and accounting features, the capabilities of the FastIron family make it ideal for demanding converged enterprise networks and high performance computing environments, like that found at Peavey Electronics.

Gray added, "We've also been able to launch new and exciting services for our customers like our award-winning Peavey Custom Shop, a Web-based application that allows customers to completely customize guitars with their own graphics and pictures or more than 16 million colors, all from the comfort of their home. This simply wasn't possible with our previous network."

"We are delighted to welcome music industry leader Peavey Electronics to our large base of enterprise customers from around the world," said Bob Schiff, vice president and general manager for Foundry's Enterprise Business Unit. "As a leading designer and global vendor of musical instruments and sound equipment, Peavey's network is an integral part of their daily business, with bandwidth, security and network reliability critical requirements. Foundry's network infrastructure allows Peavey to fulfill these important business needs, while reducing capital and operational expenditures."

About Peavey Electronics

Founded in 1965, Peavey(r) is one of the world's largest manufacturers of musical instruments and professional sound equipment. Peavey has earned more than 180 patents and produces more than 2,000 products, which are distributed throughout the United States and to 136 other countries. Peavey and its MediaMatrix(r), Architectural Acoustics(r), PVDJ(r), Crest Audio(r), and Trace Elliot brands and affiliates can be found on concert stages and in more than 3,000 airports, stadiums, theme parks, and other venues around the world. To find out more, visit www.peavey.com.

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 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.