SOURCE: Riverbed Technology

Riverbed Technology

October 04, 2010 09:00 ET

Riverbed Named Q2 2010 Global Advanced Platform WOC Market Share Leader by Leading Analyst Firm

Riverbed Secures Over 40% of the AP WAN Optimization Market

SAN FRANCISCO, CA--(Marketwire - October 4, 2010) -  Riverbed Technology (NASDAQ: RVBD), the IT performance company, today announced that Gartner has identified Riverbed® in its September 2010 report, "Market Share: Application Acceleration Equipment, Worldwide, 2Q10",1 as the WOC (WAN optimization controller) Advanced Platform (AP) worldwide market share leader for 2Q10 based on revenue. According to Gartner's market share report, Riverbed captured 40.3% of the AP WAN Optimization market. 

Enterprises and government organizations leverage Riverbed WAN optimization to improve remote and mobile employee productivity, enable private clouds, and provide enterprise-wide network and application visibility. By speeding the performance of applications between remote offices, private data centers and mobile workers, in some cases by up to 100 times, Riverbed Steelhead® products enable companies to consolidate IT, improve backup and replication processes to ensure data integrity, and improve staff productivity and collaboration. Over 8,300 customers, across a wide range of markets, have implemented Riverbed WAN optimization solutions in their geographically dispersed organizations.

"We attribute our continued success to innovative product development and strong partner and customer relationships. We are laser-focused on solving the distance problem -- where there is distance between humans and data, we narrow the gap," said Eric Wolford, senior vice president of marketing and business development at Riverbed. "As we communicate on an ongoing basis with our customer base to determine their ever-changing needs, we find that no matter which IT initiative they are embarking on to cut costs -- whether it's branch office consolidation, data center virtualization, or migration to the cloud -- they are forced to deal with the performance issues caused by distance inherent in a WAN environment. As we introduce our upcoming cloud solutions and enter new markets, it is our goal to meet the needs of the global workforce by extending our technology to eliminate these performance barriers in new IT environments." 

Extending the Reach of Riverbed WAN Optimization Solutions

Riverbed recently extended the reach of its market-leading WAN optimization solutions with the release of Virtual Steelhead, which enables customers to deploy Riverbed WAN optimization solutions in a wider range of environments that may have specialized requirements, such as ruggedized environments or environments with space limitations, as well as data centers that have been heavily virtualized. Enterprises and government organizations now have the freedom to choose among physical Steelhead appliances, Steelhead Mobile software and Virtual Steelhead as best suits their various locations. Additionally, service providers and systems integrators that deliver managed services based on Riverbed WAN optimization now have the option to deliver a virtualized solution.

Virtual Steelhead is currently available.

Accelerating Organizations' Pathway to the Cloud

In Q2 2010 Riverbed introduced enhancements to the Riverbed Optimization System (RiOS®) that provide enterprises and government organizations with the necessary tools to support critical IT initiatives such as private and public cloud computing. RiOS 6.1, the newest version, accelerates organizations' pathway to the cloud by providing enhanced acceleration for cloud services and enterprise applications. These enhancements provide organizations more flexibility when determining the best approach for consolidating IT resources to public, private and hybrid cloud environments and ensure that organizations obtain maximum performance regardless of their network architecture. RiOS 6.1 enables organizations to overcome the performance hurdles of moving to cloud environments by providing new optimizations for a range of Microsoft suites including Exchange 2010, SharePoint, and Microsoft Online for SharePoint and Exchange. Riverbed is the only WAN optimization vendor to provide enhanced acceleration and optimization for organizations using Microsoft Online for SharePoint and Exchange.

Enabling the Branch Office Box

In addition to consolidation to private cloud environments, organizations are also spearheading efforts to consolidate branch office infrastructure. As organizations continue the push toward IT consolidation at the branch office, Riverbed offers the Riverbed Services Platform (RSP), a virtualized platform that enables organizations to run edge services such as local print, DNS, DHCP, video and firewall in a protected partition on a Steelhead appliance. With RSP, Riverbed customers can create a branch office box (BOB) that can run business-critical services in the branch while still reaping the benefits of consolidation, including simplified management, reduced IT footprint in the branch and lower costs. 

1 Gartner, Inc., "Market Share: Application Acceleration Equipment, Worldwide, 2Q10" by Joe Skorupa and Nhat Pham, September 2010

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, 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 30, 2010. 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 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, Virtual Steelhead, RiOS, Interceptor, Think Fast, the Riverbed logo, Mazu, Profiler and Cascade are trademarks or registered trademarks of Riverbed Technology, Inc.

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