SOURCE: Silver Peak Systems

April 10, 2007 12:34 ET

Silver Peak Selected as a Finalist for the Red Herring 100 North America 2007

Company Continues Award Trend, Remains Most Distinguished Private Company in WAN Acceleration

SAN FRANCISCO, CA -- (MARKET WIRE) -- April 10, 2007 -- Silver Peak Systems (www.silver-peak.com) announced today that the editors of Red Herring magazine declared the company a finalist for the Red Herring 100 Award, a selection of the 100 private companies based in North America that play a leading role in innovation and technology. Silver Peak was distinguished by the editors of Red Herring for the positive impact that the company's scalable Wide Area Network (WAN) acceleration solution has on enterprise networks. By improving the performance and reliability of data replication, backup, disaster recovery, and other key business applications, Silver Peak plays an important role in strategic IT initiatives, including business continuity, server centralization, and virtualization.

The Red Herring editorial board diligently surveyed the entrepreneurial scene throughout the North American region and identified the top 200 private companies that are leading the next wave of innovation. This is the second year in a row that Silver Peak was chosen by the magazine as a finalist for this prestigious award.

"We can see the exciting evolution of the technology sector reflected in the quality and variety of exceptional companies that we had to choose from in putting our list together," said Joel Dreyfuss, Editor-in-Chief of Red Herring. "It was tough to choose just 200 finalists from such a large list of excellent contenders, and we are very happy with the qualities of the companies we selected as Finalists."

In the past year, Silver Peak has been given over 10 industry accolades, making it the most distinguished private company in the WAN acceleration space. Specific distinctions include:

--  Silver Peak named "2006 Top 10 Startup to Watch" by Network World
    magazine
--  Silver Peak selected as a top private company in the Always-On AO100
    award
--  Byte and Switch declared Silver Peak a "Top 10 Company to Watch" in the
    storage space
--  Storage magazine and searchstorage.com shortlisted Silver Peak's NX
    appliances as "Storage Product of the Year"
--  Silver Peak won Techworld's "Acceleration Product of the Year"
--  Computing Magazine selected Silver Peak as a finalist for "Networking
    and Communications Supplier of the Year"
    
The winning 100 companies will be announced at the Red Herring Spring event. The CEOs of the winners will present their innovative ideas and technologies to an audience of leading entrepreneurs, financiers and corporate strategists at the event in Monterey, California, on May 1-3 at the Hyatt Regency Hotel. This year's Red Herring 100 Spring event marks the 10th anniversary of the Red Herring 100 Awards. In celebration, the event will feature keynote addresses from legendary VC investors and CEOs of leading Internet, information, and communications companies. Request your invitation at: http://www.herringevents.com/spring07/index.html

About Red Herring

Red Herring is a global media company which unites the world's best high technology innovators, venture investors and business decision makers in a variety of forums: a leading innovation magazine, an online daily technology news service, technology newsletters and major events for technology leaders around the globe. Red Herring provides an insider's access to the global innovation economy, featuring unparalleled insights on the emerging technologies driving the economy. More information about Red Herring is available on the Internet at www.redherring.com.

About Silver Peak Systems, Inc.

Silver Peak improves backup, replication and recovery between data centers and facilitates branch office server and storage centralization by improving application performance across the Wide Area Network (WAN). The company's award winning NX appliances deliver exceptional performance improvements with unprecedented security and scalability across all enterprise applications, including data replication, backup, file transfers, email, web and real-time applications such as Citrix and VoIP. For more information, visit http://www.silver-peak.com/infocenter

NOTE: Silver Peak Systems, the Silver Peak logo, Network Memory and Silver Peak NX Series are trademarks of Silver Peak Systems, Inc.

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