SOURCE: Riverbed Technology

October 15, 2008 09:00 ET

Riverbed Chosen by Xinhua News Agency to Accelerate Applications Across Global Network

Solutions Provide LAN-Like Performance for Multimedia Content and Enhance Real-Time Collaboration Among Distributed Employees

SAN FRANCISCO, CA--(Marketwire - October 15, 2008) - Riverbed Technology (NASDAQ: RVBD), the technology and market leader in wide-area data services (WDS), today announced that Xinhua News Agency (www.xinhuanet.com), the state press agency of China, has selected and deployed Riverbed® Steelhead® appliances at eleven branch offices across the world to accelerate the performance of multimedia applications.

Xinhua News Agency is the official press agency of the government of China. It employs 13,000 people and oversees approximately 100 bureaus in China and around the world. It publishes more than 30 newspapers and magazines and delivers information via print-media and online portals.

Xinhua News Agency maintains large information databases of both historical and current events in various digital formats, including millions of photographs and thousands of hours of video footage. This information is stored centrally in data centers at its headquarters and is accessed by journalists 24/7 around the globe.

"Time-to-market is one of the critical factors for business success in the media industry. Every day, our employees around the world need to collaborate on projects and share files and pictures, resulting in rapidly increasing multimedia traffic," said Mr. Chen Mingxiang, deputy chief of the Communication Technology Bureau at Xinhua News Agency in Beijing. "We therefore urgently needed a solution that would deliver LAN-like performance for real-time collaboration."

Xinhua researched a variety of options, including redesigning and increasing its existing WAN capacity. They evaluated WAN optimization products from several vendors and finally chose Riverbed Steelhead appliances, which yielded the best performance. Leveraging de-duplication and protocol and application optimization technology, Steelhead appliances can help address the key challenges faced by customers -- WAN bandwidth limitations and high latency.

"By deploying Steelhead appliances in each of our major overseas offices, our WAN capacity has seen a huge boost," said Mr. Chen. "Our people in remote offices have experienced a dramatic improvement in application response times, leading to a more effective collaborative environment. In addition, we have achieved bandwidth cost savings. That is why we chose Riverbed Steelhead appliances."

"Riverbed played a strategic role in helping the Xinhua News Agency increase their production efficiency," said David M. Peranich, senior vice president, Worldwide Sales at Riverbed. "China represents an important market for Riverbed and we will continue to focus our efforts on bringing the benefits of our technology to the China market."

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 centres, 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: 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 July 29, 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

  • MEDIA CONTACT
    Kristalle Ward
    Riverbed Technology
    415-247-8140
    Email Contact

    INVESTOR RELATIONS CONTACT
    Renee Lyall
    Riverbed Technology
    415-247-6353
    Email Contact