From correspondents in Karnataka, India, 05:16 PM IST

Foundry Networks®, Inc. (NASDAQ: FDRY), a performance and total solutions leader for end-to-end switching and routing, today announced that it has been listed as a Business Technology Innovator on the InformationWeek 500 list for 2007. Foundry is one of the 39 companies selected in the Information Technology (IT) Industry category and one of five networking IT vendors for 2007. The 2007 InformationWeek 500 companies were revealed during the InformationWeek 500 Conference in Tucson, Ariz. from Sept. 16-19.

For nearly 20 years, InformationWeek has identified and honored the nation's most innovative users of information technology with its annual listing. The list is unique among corporate rankings because it spotlights the power of innovation in information technology, rather than simply identifying the biggest IT spenders.

“The InformationWeek 500 honors today’s leading companies who set the benchmark for business technology strategies and projects,” said InformationWeek vice president and publisher, John Siefert. “The companies on our list are some of the most innovative users of technology.”

“We are honored to be recognized by InformationWeek as one of the leading business technology innovators in the United States for 2007,” said Bobby Johnson, president and CEO for Foundry Networks. “Through the extensive use of information technology throughout our organization, our employees companywide are empowered and equipped to engineer, manufacture and support industry-leading networking products and solutions worldwide.”

Additional details on the InformationWeek 500 can be found at www.InformationWeek.com/iw500/. For more about the InformationWeek 500 Conference, visit www.InformationWeekconference.com.

Source: Press Release Distribution via India PRwire