SOURCE: Riverbed Technology

November 24, 2008 09:00 ET

Raiffeisen Banks Installs 150 Steelhead Appliances

Riverbed Ensures Data Integrity for Banking System

SAN FRANCISCO, CA--(Marketwire - November 24, 2008) - Riverbed Technology (NASDAQ: RVBD), the technology and market leader in wide-area data services (WDS), today announced that Raiffeisen Banks, part of the Raiffeisen Organization, has installed 150 Riverbed® Steelhead® appliances and the Riverbed Central Management Console (CMC) as part of its ongoing strategy to improve access to real-time data and increase worker productivity, while controlling IT costs. The speed provided by Riverbed has allowed Raiffeisen Banks to centralize its IT infrastructure and remove 150 servers from its local branches. In addition, Raiffeisen Banks' bandwidth utilization has dropped by over 87 percent.

The Federation of Raiffeisen Cooperatives (www.raiffeisen.it) is a group of cooperative entities based in Italy, incorporating banking, agriculture, energy and social services. The banking and insurance services are managed by Raiffeisen Banks with a total of 190 offices throughout the Alto Adige province in Northern Italy, employing 1,750 people and with a turnover of EUR 9.15bn. Raiffeisen Banks outsources its IT services to Raising Unified Network S.p.A (RUN).

Raiffeisen Banks had previously pursued a strategy to install servers in each branch location. However, for 190 offices throughout the Northern Italian region, this strategy had become unmanageable. Data between sites was not always consistent and on occasion was not updated. Backups were performed locally, resulting in high costs; maintaining the servers was also time-consuming and costly. For mobile employees the problem was even more widespread, with users losing valuable time trying to download emails and files.

To manage this dispersed architecture, Raiffeisen has outsourced its IT services to RUN. "The main challenge was to consolidate data from 190 local offices to just 40 head offices and a centralized data center. This would provide a more robust architecture, and would allow users to have constant and up-to-date access to files," explained Dr. Peter Werth, director of RUN. "However, we wanted to find a solution that would not involve an increase in bandwidth costs."

Working with Zycko UK, Werth investigated the WAN optimization solutions available from Riverbed and Cisco. "Riverbed was way ahead of the competition and the clear leader," said Werth. "The Riverbed Steelhead appliances were just easier to implement and deploy. They're more transparent and technologically advanced."

Following the installation of the 150 Steelhead appliances, Raiffeisen has successfully removed 150 servers from local branches and centralized the IT infrastructure to its data center. The bank has experienced other benefits, including simpler software upgrades and reallocating IT staff from backing up data to other IT projects.

"The results have been great. Bandwidth utilization has been reduced by over 87 percent, CIFS traffic has been reduced by 90 percent and HTTP traffic reduced by over 75 percent," said Werth. "With the Riverbed CMC we also have a real-time view of our data and global visibility of Raiffeisen operations."

The bank intends to remove servers from all 190 locations and plans to install the remaining 40 Steelhead appliances in the following months. It is also testing Steelhead Mobile for its consultants and mobile employees.

Steelhead Products

Riverbed 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, the Riverbed 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: www.riverbed.com/pr/jack.

Forward Looking Statements

This press release contains forward-looking statements, including statements relating to the expected demand for Riverbed's products and services, and statements relating to Riverbed's ability to meet the needs of distributed organizations. 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 30, 2008. 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 www.riverbed.com.

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

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