San Jose, CA and Cupertino, CA, November 8, 2004 - Foundry Networks, Inc. and S2io, Inc., today announced they have formed an alliance to cooperate in developing and delivering high-performance computing (HPC) solutions as part of Foundry's HPC Ethernet Alliance Program. Foundry's HPC Ethernet Alliance Program is designed to accelerate deployment of high-performance Gigabit Ethernet and 10-Gigabit Ethernet (10-GbE) solutions within the HPC community. As part of the program, Foundry will work closely with S2io and with other leading next-generation Ethernet adapter, server and application vendors to deliver standards-based, high-performance HPC solutions for network-based, high-speed applications.

As part of the Foundry HPC Ethernet Alliance Program, Foundry and S2io will work together in the following areas:

• Interoperability testing and benchmarking of Foundry's Ethernet switches with S2io to provide customers with seamless integration and end-to-end performance measurements
• Cooperative marketing to promote the use of Gigabit Ethernet and 10-GbE in HPC environments
• Cross training on the benefits of an integrated, solutions-based HPC networking approach

"S2io is pleased to be part of Foundry's HPC Ethernet Alliance program," said Dave Zabrowski, President and CEO of S2io, Inc. "This announcement is a further indication of the rapid development of the 10 Gigabit Ethernet ecosystem because of the technology's inherent reliability, interoperability and performance capabilities. S2io is one of the 10 Gigabit Ethernet Adapter market leaders today, and this type of alliance will strengthen our lead."

"Ethernet is becoming the interconnect of choice for a new generation of high-performance networks, from massively parallel processing supercomputers to commodity clusters and grids built with affordable, off-the-shelf components. As a leading provider of high-performance, low-latency network infrastructure to many leading supercomputing sites around the world, Foundry is working with partners like S2io to bring the benefits of Ethernet to a new class of HPC customers," said Ken Cheng, vice president and general manager of the Layer 2/3 Switching and Routing Solutions Business Unit for Foundry. "With the HPC Ethernet Alliance Program, we are formalizing our longstanding commitment to work with partners to deliver the highest-quality, tested and proven networking solutions to simplify deployments, and ultimately help customers spend less time building and managing their networks and more time on their primary scientific and business mission."

Foundry, Booth 741 and S2io, Booth 841, will be demonstrating their joint solutions for the HPC market at the Supercomputing 2004 tradeshow, which opens this week in Pittsburgh, PA.

About S2io, Inc.
Founded in 2001, S2io Technologies has locations in Cupertino, California and Ottawa, Canada. The company is delivering 10 Gigabit Ethernet hardware solutions with requisite software that will enable OEMs to solve their customers' high-end networking problems. The company's products are based on S2io-developed technology that will deliver new levels of server and storage performance, availability and reliability in data center server, storage and high performance computing environments. S2io has raised over $42M in funding with its latest C round taking place in June 2004. Further information on the company can be found at http://www.s2io.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 routers 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.

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