Sure that's what it means

So Cisco has released that they are currently working on a system to link together current high performance Cisco routers together to create massively paralleled routers that move data faster than ever before.

They've code-named the system HFR, supposedly standing for Huge Fast Router.

Anybody think "Fast" was the word the engineers were thinking of when they came up with the TLA?

I didn't think so either.