Riverbed Named WAN Optimization Vendor of the Year for Third Consecutive Year by Frost & Sullivan

SAN FRANCISCO—June 14, 2012— Riverbed Technology, the performance company, today announced that it has been recognized by Frost & Sullivan as wide area network (WAN) Optimization Controller Vendor of the Year for the third consecutive year. Riverbed® received this award based on the company’s outstanding performance and innovative business strategies across the Asia Pacific region.

The Frost & Sullivan Asia Pacific ICT Awards recognize companies that demonstrate exceptional performance in the region. The award distinguishes companies that demonstrate best practices in their industry and praises innovative business strategies required to advance in the global marketplace. To receive this distinguished award, companies are evaluated by a panel of Frost & Sullivan analysts, senior executives from the industry, and a circle of industry CIOs/CTOs on their performance in the region during the previous year.

"Riverbed continues to innovate in areas that help customers make the most of their existing infrastructure. By focusing on and anticipating the needs of its customers, Riverbed provides companies with more options to support cost-cutting initiatives like IT centralization, virtualization and data center consolidation," said John Higgs, senior vice president of sales, APAC at Riverbed. "This recognition from Frost & Sullivan is confirmation that we’re providing innovative, cost-effective solutions to support customers as they embark on new IT initiatives."

More than 17,000 organizations worldwide depend on Riverbed to understand, optimize and consolidate their IT infrastructure, through solutions that overcome performance issues caused by distance, distributed computing, and ever increasing amounts of data. As IT organizations embark on strategic initiatives to virtualize, consolidate and migrate workloads into cloud environments, users are moved farther from their data. Riverbed transforms IT performance by providing solutions spanning WAN optimization, application-aware network performance management (NPM), application delivery, web content optimization (WCO), and cloud data protection for backup and disaster recovery. By providing the broadest portfolio of performance solutions that deliver anywhere, any application optimization, Riverbed enables organizations to increase productivity and efficiency, while enhancing business resilience and controlling costs.

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 performance results that may suggest likely or certain outcomes, 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 April 30, 2012. 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 delivers performance for the globally connected enterprise. With Riverbed, enterprises can successfully and intelligently implement strategic initiatives such as virtualization, consolidation, cloud computing, and disaster recovery without fear of compromising performance. By giving enterprises the platform they need to understand, optimize and consolidate their IT, Riverbed helps enterprises to build a fast, fluid and dynamic IT architecture that aligns with the business needs of the organization. Additional information about Riverbed is available at www.riverbed.com.

Riverbed and any Riverbed product or service name or logo used herein are trademarks of Riverbed Technology, Inc. All other trademarks used herein belong to their respective owners.

MEDIA CONTACT

Kristalle Ward Riverbed Technology 415-247-8140 kristalle.ward@riverbed.com

INVESTOR RELATIONS CONTACT

Renee Lyall Riverbed Technology 415-247-6353 renee.lyall@riverbed.com

AUSTRALIAN MEDIA CONTACT

Veronica Colvin Watterson Marketing Communications (02) 9929 7533 veronica.colvin@watterson.com.au