Shuman & Berens LLP Encourages Persons Who Currently Own Foundry Networks, Inc. Common Stock to Consider Their Legal Options Concerning Possible Stock Option Backdating at the Company


DENVER, Oct. 27, 2006 (PRIMEZONE) -- The law firm of Shuman & Berens LLP (www.shumanberens.com) today encouraged persons who currently own the common stock of Foundry Networks, Inc. (Nasdaq:FDRY) to contact Kip B. Shuman of Shuman & Berens LLP at 1-800-711-6483 or via email at Kip@shumanberens.com, concerning their rights and interests regarding possible stock option backdating at the company.

Shuman & Berens LLP is investigating the possible backdating of Foundry Networks, Inc. stock options granted to company employees. For a free consultation regarding your rights and interests with respect to your Foundry Networks, Inc. stockholdings, you may contact Kip B. Shuman of Shuman & Berens LLP at 1-800-711-6483, or via email at Kip@shumanberens.com

Shuman & Berens LLP attorneys have extensive experience in prosecuting shareholder litigation and have played significant roles in securities actions throughout the nation, resulting in substantial recoveries to investors. For more information about Shuman & Berens LLP go to www.shumanberens.com



            

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