SOURCE: Riverbed Technology

Riverbed Technology

April 22, 2009 09:00 ET

CCIC Trusts Riverbed to Optimize Business Expansion and IT Performance

Customer Reduces More Than 70% of Its Network Data Traffic and Boosts Application Performance to Cut Costs Without Compromise

SAN FRANCISCO, CA--(Marketwire - April 22, 2009) - Riverbed Technology (NASDAQ: RVBD), the IT infrastructure performance company for networks, applications and storage, today announced that China Continent Property & Casualty Insurance Company Ltd. (CCIC), one of the top five property insurance companies in China, has deployed award-winning Riverbed® WAN optimization solutions, including Steelhead® appliances, Steelhead Mobile and the Central Management Console (CMC). The deployment was initiated to increase worker productivity and optimize IT infrastructure in order to support CCIC's core business expansion. As a result, CCIC has significantly enhanced the company's application performance and at the same time reduced its bandwidth utilization by more than 70 percent, which in turn enabled the deployment of additional applications without incremental bandwidth costs.

Rapid expansion plans had put a strain on CCIC's centralized IT model. The company responded by building a complex QoS scheme and purchasing expensive bandwidth upgrades to handle the growth, but this approach quickly became cost-prohibitive. CCIC upgraded its WAN bandwidth annually for the last three years. At the same time, application performance continued to suffer. Mobile workers had to contend with losing valuable time trying to download emails and files. Additionally, it was clear that future requirements such as disaster recovery and remote backups could never be met unless WAN optimization was incorporated into the infrastructure.

CCIC investigated WAN optimization offerings from several companies and ultimately chose Riverbed's solution. "Riverbed was way ahead of the competition in real environment testing and the Steelhead appliances were far easier to deploy, manage and maintain. The Riverbed product suite enabled CCIC to substantially improve its infrastructure performance and thereby enable and sustain centralized access from its primary data center to all our remote branches," said Sun Shun Qiang, network supervisor at CCIC.

"The results have been excellent. Total deployment time was under one month and we now enjoy an over 300% increase of usable bandwidth. As a result, our users are now able to run more applications over existing links without an increase in bandwidth costs," he continues. "With the Riverbed Central Management Console, we have a real-time view of our data and visibility of operations, including aggregate reports throughout the organization. We expect to recoup our investment in less than two years."

Other benefits enjoyed by CCIC include simpler software upgrades and a more robust WAN infrastructure that is capable of supporting the planned organizational growth in the next three years.

CCIC is currently planning to expand its Riverbed Steelhead appliance deployment as well as roll out the Steelhead Mobile client software to all its offices. A new disaster recovery center employing the full breadth of Riverbed WAN optimization solutions is also currently under construction, ensuring that critical data can be recovered quickly should a disaster strike.

About China Continent Property & Casualty Insurance Company Ltd. (CCIC)

China Continent Property & Casualty Insurance Company Ltd. is derived from the original People's Insurance Company of China (PICC), founded in October 1949. In July 1996, PICC was sub-divided into the People's Insurance (Group) Company of China, the PICC Property Insurance Company Ltd., the PICC Life Insurance Company Ltd., and the PICC Reinsurance Company Ltd. In 1998, with the approval of the State Council, the People's Insurance (Group) Company of China was disbanded and the three professional subsidiaries became independent enterprises directly under the State Council, the PICC Reinsurance Company Ltd. in March 1999, changed its name to China Reinsurance Company. With the agreement of the State Council and the approval of CIRC, in August 2003, China Reinsurance Company was renamed as China Reinsurance (Group) Company, which, as one of the investors and the main sponsor, initiated and founded China Continent Property & Casualty Insurance Company Ltd.

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-K filed with the SEC on February 23, 2009. 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 infrastructure 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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