SOURCE: Riverbed Technology

September 15, 2008 17:00 ET

Riverbed Holds VisionDay 2008 in San Francisco

Company Will Extend Optimization Technology From Wide Area Networks to Data Center Storage; Removes the End-to-End Inefficiencies in IT Infrastructure

SAN FRANCISCO, CA--(Marketwire - September 15, 2008) - Riverbed Technology (NASDAQ: RVBD) outlined today, at its financial analyst conference, its vision for the optimization of data that would enable organizations to streamline the manipulation, movement and storage of information. With Riverbed as the core enabling optimization technology, data inefficiencies and bottlenecks would be removed throughout the enterprise. Technology infrastructure and applications can finally support the demands of the 21st century.

To realize its vision, Riverbed will build on its record of execution with WAN optimization and extend its core technology to data center storage and server infrastructure with its new product family, the Atlas appliance. The combination of the Steelhead and Atlas product families will allow organizations to eliminate data's inherent inefficiencies, streamlining data and allowing it to flow almost effortlessly throughout the enterprise, from creation to communication to storage. With the Atlas appliance, Riverbed will do for its customers' data at rest what Steelhead products have done for their data in motion -- eliminate up to 95% of redundant data, which typically burdens IT infrastructure by slowing down access to data and applications and increasing costs and operational overhead of data management. The Riverbed vision will lead to lower costs, enhanced user experience, improved manageability, scalability and greater productivity.

"Riverbed is the clear market leader in WAN optimization," said Steve Duplessie, founder and senior analyst, Enterprise Strategy Group. "Their technology fits naturally at every point of infrastructure -- wherever having optimized data will bring a positive effect -- and I can't think of a place where it wouldn't. Riverbed has created -- and then dominated -- the 'WAN' optimization market, but it isn't about that -- it's about optimizing the data. The WAN was just the first place to prove the holistic value of data optimization. Riverbed's technologies have made obvious and significant impact inside organizations with their existing solutions but the real opportunities lie in the promise of extending that vision much deeper into the enterprise."

Today, organizations of all sizes have distributed workforces. The distributed nature of business has led to massive data and IT complexity in order to meet the collaboration, compliance, and performance needs of the organization. The result of this complexity is a data explosion, as the same content is replicated, manipulated, moved and stored countless times. IT organizations are straining under the burden that this inefficient data storage puts on their application, network, server and storage infrastructure. As a result, the business can't move quickly enough to capitalize on new opportunities and innovations because of these data bottlenecks.

"Data and how it is handled is critical to the distributed and collaborative nature of business in the 21st century. How an organization accesses, shares and stores its information are key business differentiators," said Eric Wolford, senior vice president, marketing and business development at Riverbed. "When IT infrastructure is overloaded with redundant data, there are efficiency and cost impacts across the organization. Our vision is to eliminate these inefficiencies through removing redundant data at every point between the data center and the end user. The implications of this approach affect IT infrastructure and budgets, the user experience, and business processes."

With its market-leading and award-winning WAN optimization products, Riverbed exploited the redundancies inherent in data and overcame the performance limitations of applications and data transfers over WANs, speeding access by up to 100X and allowing organizations to consolidate their IT infrastructure, reduce bandwidth and IT costs and make employees more productive. Riverbed will apply its underlying architectural approach and technology advantage to storage and servers in the data center.

"Riverbed revolutionized the way organizations share data across the WAN. We came to market in 2004 with an architectural strength that allows us to continue to lead the WAN optimization market. When this unique approach of logically representing data was applied to the WAN, we were able to accelerate our customers' application performance by up to 100X," said Wolford. "Our vision is to extend that fundamental underlying architectural approach to data center storage and server infrastructure."

Riverbed Atlas appliance - Increasing Storage Capacity

The Atlas appliance is designed to allow organizations to increase their existing primary file storage capacity by up to 10X -- without any changes to their existing storage infrastructure. And, when applied to backup data, the improvement can be greater than 20X. The hardware appliances leverage the de-duplication functionality of Steelhead appliances throughout an organization to remove up to 90% of existing data from primary file storage. The Atlas appliance does not store any data -- enterprises will continue to use their existing storage infrastructure to do what it does best, which is storing and managing data. The Atlas appliance is designed to help scale existing file storage by enabling customers' existing file servers to serve more users and deliver a larger amount of data per device.

"The Riverbed vision is grounded in the over 50,000 Steelhead appliances shipped to our more than 4,500 customers worldwide. With the Atlas appliance, we are doing for data at rest what we have always done for data in motion," continued Wolford. "Customers who realize the Riverbed vision will have less data to manage across their end-to-end IT infrastructure, use less bandwidth, cut their IT infrastructure needs and reduce their overall IT budget -- all while dramatically improving knowledge worker productivity and accelerating business processes."

Forward-Looking Statements

This press release contains forward-looking statements, including statements relating to the expected demand for Riverbed's products and services, the Atlas appliance's ability to increase storage capacity by up to 10X, 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

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    Riverbed Technology
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    INVESTOR RELATIONS CONTACT:
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    Riverbed Technology
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