SOURCE: Riverbed Technology

March 04, 2008 08:00 ET

Riverbed Wins Silver Honors in Storage Magazine's 2007 Storage Products of the Year Awards

Steelhead Appliances Only WDS Solution Recognized in Network Equipment Category

SAN FRANCISCO, CA--(Marketwire - March 4, 2008) - Riverbed Technology, Inc. (NASDAQ: RVBD), the technology and market leader in wide-area data services (WDS), today announced that its Steelhead® appliance was the only WDS solution recognized in Storage Magazine's 2007 Storage Products of the Year Awards, winning the Silver award in the network equipment category. Storage technology vendors submitted a record number of new storage-related products -- more than 200 -- for consideration in the annual awards competition. In 2006, the Riverbed Steelhead appliance was the only WDS solution recognized, winning the Bronze award in the same category.

Judges and editors of SearchStorage.com and Storage magazine decided the 2007 winners in five storage product categories: storage management, backup and disaster recovery software, storage networking equipment, disk and disk subsystems and backup hardware. The awards program recognized the Riverbed Optimization System (RiOS™) 4.0 in the networking equipment category, noting that "[t]he upgrades enhance the security and scalability of data transfers between branch offices and the central data center." To see additional comments from the judging panel, please visit: http://searchstorage.techtarget.com/productsOfTheYearWinner/0,296407,sid5_g ci1296593_tax309608_ayr2007,00.html.

Riverbed® has since upgraded RiOS with the release of version 5.0 in February 2008. RiOS 5.0 will offer customers unparalleled flexibility for their WDS deployment. RiOS 5.0 introduced the RiOS Services Platform (RSP). Upon its availability in late March 2008, potential services that could be delivered on the RSP include Active Directory/Domain Controller functionality, application performance monitoring, DNS/DHCP/IPAM, streaming video, unified threat management (UTM), and virtual machines. Existing services provided by Riverbed on the RSP are print and proxy file services (PFS). The RSP will also offer further branch server consolidation and simplified administration. Riverbed also becomes the first WDS vendor to accelerate Exchange 2007 and enhances acceleration for frequently utilized web applications such as SAP NetWeaver, JD Edwards, PeopleSoft, Oracle 11i, and SharePoint.

"Riverbed's continued recognition from Storage magazine is validation of how important WDS solutions are to the storage market," said Eric Wolford, senior vice president of marketing and business development. "Our ability to lead the market in technology innovations while maintaining a laser-focus on the customer helps us to be first to market to continually provide products that address their needs -- ranging from application acceleration and IT consolidation to data backup and recovery. We intend to continue to lead the way in providing solutions that meet and exceed the ever-changing needs of the industry."

To learn more about Storage Magazine's 2007 Product of the Year Awards, visit: http://searchstorage.techtarget.com/productsOfTheYear/0,294801,sid5_ayr2007,00.html

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 centers, 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, statements regarding the plans, strategies and objectives of management for future operations, 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-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.

Contact Information

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