SOURCE: Riverbed Technology

December 19, 2007 08:00 ET

Leading Analyst Firm Identifies Riverbed as Market Share Leader in Q3 2007

Riverbed Named Advanced Platform WOC Market Share Leader for 5th Quarter in a Row

SAN FRANCISCO, CA--(Marketwire - December 19, 2007) - Riverbed Technology, Inc. (NASDAQ: RVBD), the technology and market leader in wide-area data services (WDS), today announced that Gartner has identified the company in its recently announced report, "Market Share: Application Acceleration Equipment, Worldwide 3Q07" (1) as the Advanced WOC (WAN optimization controller) worldwide market share leader for 3Q, 2007 based on revenue. According to Gartner's market share report, Riverbed® sustained strong growth to maintain its lead. This is the 5th quarter in a row that Riverbed has maintained the leadership position in the Advanced Platform WOC category. In the same report, Gartner named Riverbed as the market share leader in the WOC category for the 3rd quarter in a row.

"The market for wide-area data services across all vertical markets continues to be strong. The growing distributed workforce and mobile workers have added a layer of complexity that companies have to address," said Eric Wolford, senior vice president, marketing and business development at Riverbed. "The need to accelerate access to network assets and applications has become critical. We're the only vendor addressing this challenge by providing a comprehensive solution that addresses the data center, the remote office and the mobile worker."

According to the report, the market grew again in 3Q07, due to a very strong wide-area network (WAN) optimization sector and typical growth in the application delivery controller (ADC) sector.

"We believe our leadership is reflected in our customer base of over 3,000 companies, including over 20 percent of the Fortune 500," continued Wolford. "For over five years, we have partnered with customers to solve the application performance and IT control dilemma that CIOs face as they confront the competing demands of an increasingly distributed workforce and the need to protect and control data. The ability to quickly connect an organization's datacenter, branch offices and mobile workers is a growing business challenge."

For remote offices and data centers, Riverbed offers its Steelhead® appliance product family. Powered by the Riverbed Optimization System (RiOS™), Riverbed's patented software platform, Steelhead appliances deliver enterprise-class WDS that scales across a range of applications and network topologies to accelerate applications by up to 100 times.

For the growing mobile workforce, Riverbed introduced its Steelhead Mobile software client, which is intended to deliver LAN-like application performance to any employee, whether on the road, working from home or connected wirelessly in the office.

(1) Gartner, Inc., "Market Share: Application Acceleration Equipment, Worldwide, 3Q07" by Joe Skorupa and Nhat Pham, November 2007.

Steelhead Products

Riverbed's WDS solutions enable organizations of all sizes to overcome a host of severe problems, including poor application performance and insufficient bandwidth at remote sites. By speeding the performance of applications between data centers, remote offices and mobile workers by five to 50 times and in some cases up to 100 times, Riverbed's award-winning Steelhead WDS products enable companies to consolidate IT, improve backup and replication processes to ensure data integrity, and improve staff productivity and collaboration. Steelhead products have been deployed in organizations ranging from the world's largest corporations with offices around the globe to small companies with a couple of sites that are just miles apart. To learn more, view Riverbed's demo:

This press release contains forward-looking statements, including statements relating to the expected demand for Riverbed's products and services, statements regarding the growth characteristics of, and customer demand relating to, the WDS market, statements about market share results that may suggest trends for our business, and statements relating to Riverbed's ability to meet the needs of distributed organizations, grow market share or grow the market as a whole. These forward-looking statements involve risks and uncertainties, as well as assumptions that, if they do not fully materialize or prove incorrect, could cause our results to differ materially from those expressed or implied by such forward-looking statements. The risks and uncertainties that could cause our results to differ materially from those expressed or implied by such forward-looking statements include our ability to react to trends and challenges in our business and the markets in which we operate; our ability to anticipate market needs or develop new or enhanced products to meet those needs; the adoption rate of our products; our ability to establish and maintain successful relationships with our distribution partners; our ability to compete in our industry; fluctuations in demand, sales cycles and prices for our products and services; shortages or price fluctuations in our supply chain; our ability to protect our intellectual property rights; general political, economic and market conditions and events; and other risks and uncertainties described more fully in our documents filed with or furnished to the Securities and Exchange Commission. More information about these and other risks that may impact Riverbed's business are set forth in our Form 10-Q filed with the SEC on October 25, 2007. All forward-looking statements in this press release are based on information available to us as of the date hereof, and we assume no obligation to update these forward-looking statements. Any future product, feature or related specification that may be referenced in this release are for information purposes only and are not commitments to deliver any technology or enhancement. Riverbed reserves the right to modify future product plans at any time.

About Riverbed

Riverbed Technology is the technology and market leader in wide-area data services (WDS) solutions for companies worldwide. By enabling application performance over the wide area network (WAN) that is orders of magnitude faster than what users experience today, Riverbed is changing the way people work, and enabling a distributed workforce that can collaborate as if they were local. Additional information about Riverbed (NASDAQ: RVBD) is available at

Riverbed Technology, Riverbed, Steelhead, RiOS, Interceptor, and the Riverbed logo are trademarks or registered trademarks of Riverbed Technology, Inc. All other trademarks used or mentioned herein belong to their respective owners.

Contact Information

    Kristalle Ward
    Riverbed Technology
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    Krista Canfield
    Horn Group for Riverbed Technology
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