SOURCE: Riverbed Technology

Riverbed Technology

May 31, 2011 09:00 ET

Riverbed Exceeds 50% Market Share in Asia Pacific Region Within WAN Acceleration Category

Award-Winning WAN Optimization Vendor Named Market Share Leader in WAN Optimization Controller Market CY2010 Report by Frost & Sullivan

SAN FRANCISCO, CA--(Marketwire - May 31, 2011) - Riverbed Technology (NASDAQ: RVBD), the IT performance company, today announced its number one Asia Pacific market share ranking for 2010 based on revenue, as listed in the recently released Asia Pacific WAN Optimization Controller Market CY2010 report by Frost & Sullivan.

"Riverbed® remained the dominant player in the APAC WAN optimization market in 2010, extending its market share lead in the WAN acceleration category significantly over the other market players," said Cathy Huang, industry analyst at Frost & Sullivan.

"Riverbed continued to raise the bar in the technology segment, be it from a technology play perspective, or their go-to-market strategy. On the technology front, Riverbed remained highly sought after for multi-site WAN optimization deployments, thanks to the plug-and-play capabilities associated with its Steelhead® appliances. Moreover, the best-in-class application acceleration capabilities associated with Riverbed's technology meant that it was often the vendor of choice for APAC enterprises when it came to solving their network lag and application latency problems."

Riverbed WAN optimization solutions enable organizations of all sizes to overcome a wide range of IT infrastructure performance bottlenecks, including poor application performance, slow database backups and insufficient bandwidth at remote sites. By speeding applications between data centers, remote offices and mobile workers, in some cases by up to 100 times, Riverbed Steelhead appliances eliminate the performance barrier for those looking to adopt a cloud-oriented IT delivery model.

"Growing enterprise adoption of strategic initiatives such as virtualization, consolidation, cloud computing and disaster recovery continues to be a key factor driving customer adoption of Riverbed WAN optimization solutions in the Asia Pacific region and around the world," said John Higgs, Senior Vice President of Sales, Asia Pacific & Japan at Riverbed. "This recognition from Frost & Sullivan is validation that Riverbed continues to provide customers with innovative IT performance and network visibility solutions that offer simple deployment, flexibility and increased scalability that aligns with the changing business needs of organizations and improves the bottom line."

Forward Looking Statements
This press release contains forward-looking statements, including statements relating to the expected demand for Riverbed's products and services, statements about market share results that may suggest trends for our business, statements regarding the growth characteristics of, and customer demand relating to, the WAN Optimization market, and statements relating to Riverbed's ability to meet the needs of distributed organizations, grow revenues and 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 April 29, 2011. 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 delivers performance for the globally connected enterprise. With Riverbed, enterprises can successfully and intelligently implement strategic initiatives such as virtualization, consolidation, cloud computing, and disaster recovery without fear of compromising performance. By giving enterprises the platform they need to understand, optimize and consolidate their IT, Riverbed helps enterprises to build a fast, fluid and dynamic IT architecture that aligns with the business needs of the organization.
Additional information about Riverbed (NASDAQ: RVBD) is available at www.riverbed.com.

Riverbed and any Riverbed product or service name or logo used herein are trademarks of Riverbed Technology, Inc. All other trademarks used herein belong to their respective owners.

Contact Information

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    Riverbed Technology
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