SOURCE: Riverbed Technology

Riverbed Technology

May 03, 2010 09:00 ET

Riverbed Appoints Edward J. Chapman as Vice President of Cloud Storage Acceleration Products

Storage and Networking Veteran Brings Broad Knowledge of Industry Products and Successful Track Record of Business Development to Lead the Company's Product Direction for Cloud Storage Acceleration

SAN FRANCISCO, CA--(Marketwire - May 3, 2010) -  Riverbed Technology (NASDAQ: RVBD), the IT performance company, today announced that it has appointed Edward J. Chapman as vice president of cloud storage acceleration products. Chapman's broad knowledge of the datacenter and successful track record in new product development will enable him to effectively lead Riverbed's product direction for cloud storage acceleration. Riverbed unveiled a portion of its product direction for accelerating cloud environments for enterprises and governments in November 2009. 

"Ed was a natural choice, given his almost 20 years of product management experience, storage networking expertise, and demonstrated leadership in developing strong partner ecosystems," said Eric Wolford, senior vice president, marketing and business development at Riverbed. "The breadth of Ed's knowledge across multiple markets, including storage, networking and datacenters, will complement our product direction as we begin to introduce solutions that extend the benefits of acceleration to storage in the public cloud."

Chapman joins Riverbed after fifteen years at Cisco Systems. In his most recent role, Chapman was vice president of product management, where he was responsible for leading the datacenter switching and storage strategy within the Server Access and Virtualization Business Unit. During his time at Cisco, Chapman's work included mergers and acquisitions in the datacenter space and driving strategic alliances with key partners such as IBM, Hewlett-Packard and EMC. Before moving into the Server Access and Virtualization Business Unit, Chapman was responsible for Cisco's entire storage networking portfolio, including the MDS product family. Chapman was awarded Cisco's Pioneer Award for Technical Excellence for his work on the Catalyst 6000.

"Riverbed is widely regarded as a technology leader based on its innovative product development and execution," Chapman said. "As our cloud storage product vision comes to fruition, Riverbed customers will be able to eliminate the performance issues that occur when adopting private, public and hybrid cloud environments. I'm excited by the opportunity to leverage the company's core technology in a way that will change how enterprises and governments think about storage."

Forward Looking Statements

This press release contains forward-looking statements, including statements relating to the expected demand for Riverbed's products and services, statements regarding the expectations, strategies and objectives of Riverbed management regarding future products and product plans, 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 April 30, 2010. 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 IT performance company. The Riverbed family of wide area network (WAN) optimization solutions liberates businesses from common IT constraints by increasing application performance, enabling consolidation, and providing enterprise-wide network and application visibility -- all while eliminating the need to increase bandwidth, storage or servers. Thousands of companies with distributed operations use Riverbed to make their IT infrastructure faster, less expensive and more responsive. Additional information about Riverbed (NASDAQ: RVBD) is available at www.riverbed.com

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

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