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Corporate Background
Foundry Networks, Inc. (NASDAQ: FDRY) is a performance and total solutions leader for end-to-end switching and routing including Layer 2/3 LAN switches, Layer 3 Backbone switches, Layer 4-7 Web switches and Internet routers. Foundry's 3,750+ 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. Some of these customers include: AOL (NYSE:AOL), EarthLink (NASDAQ: ELNK), China Telecom, MSN (NASDAQ:MSFT), Verio,Cable & Wireless (NYSE: CWP), Yahoo! (NASDAQ: YHOO), Incyte Genomics, Inc. ( NASDAQ: INCY ),Deutsche Bank (XETRA: DBKGn.DE),
The University of Washington, University of Miami , Institut National de Recherche en Informatique et en Automatique (INRIA) of France, The British Library, LucasFilm, U.S. Army, Air Force and Navy, NASA and the National Space Development Agency of Japan. Foundry had a successful IPO on September 28, 1999 raising $134 million and setting two records; Highest Single Day Gain (525%) and Highest Technology Single Day Valuation.

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