SOURCE: Riverbed Technology

March 12, 2008 08:00 ET

Riverbed Launches Operations in Mexico

Introduces Award-Winning WDS Solutions to Accelerate Application Performance at Remote Offices and for Mobile Workers; Reduces Operational Costs and Improves Productivity for Companies of All Sizes Across Mexico

SAN FRANCISCO, CA--(Marketwire - March 12, 2008) - Riverbed Technology, Inc. (NASDAQ: RVBD), the technology and market leader in wide-area data services (WDS), announced today the launch of the industry's most comprehensive acceleration solutions to the Mexican market. Riverbed® WDS solutions speed the performance of applications and data transfers between distributed offices, and between offices and remote workers, by up to 100x.

The Mexico offices of Riverbed will be headed by Luis Felipe Fornelli Pinoncely, country manager, who commented: "As a company we are focused on the development of progressive and evolutionary technology. Our Steelhead® appliances and Steelhead Mobile software accelerate the broadest range of applications in the industry, allowing companies to dramatically improve productivity while cutting costs. Companies in Mexico with more than one location, multi-nationals with offices in Mexico and organizations with mobile or remote workers will benefit from the deployment of Riverbed solutions."

With over 3,500 customers, Riverbed launches in Mexico with the most complete WDS solution to address performance issues in the datacenter, remote office and for the mobile worker. "Mexico is an important market for Riverbed," said Andres Hurtado, Latin American director for Riverbed. "The country suffers from a shortage of low-cost bandwidth, and with large geographic distances, application latency is an issue. These business needs are driving Riverbed to build a stronger presence in Mexico."

Denis Murphy, Americas sales vice-president for Riverbed, said, "Riverbed's entry into Mexico is driven by increasing customer and partner recognition of the importance of accelerating the performance of a broad range of applications and services."

Forward-Looking Statements

This press release contains forward-looking statements, including statements relating to the expected demand for Riverbed's products and services, statements relating to Riverbed's expected future growth, and statements relating to Riverbed's ability to meet the needs of distributed organizations and grow its business in Mexico. 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 15, 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 CONTACTS:
    Kristalle Ward
    Riverbed Technology
    415-247-8140
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    Robb Henshaw
    Horn Group for Riverbed Technology
    415-905-4028
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