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Riverbed announces 2,000th customer

  • 27 April, 2007 12:37

<p>Riverbed Technology, Inc. (Nasdaq: RVBD), the performance leader in wide-area data services (WDS), announced today that more than 2000 enterprises, service providers and government organizations had selected Riverbed’s Steelhead® WDS appliances. This increase in customers represents 300 percent growth since January 2006, when Riverbed announced its 500th customer.</p>
<p>Based on the strength of Riverbed’s market-leading WDS technology, the business critical need for solutions that overcome the limitations of the WAN, and deep networking expertise, the company has been able to win 1,500 new customers in 15 months with very high levels of customer satisfaction.</p>
<p>In a survey conducted in March 2007, Riverbed’s customers described the reasons why they selected the company’s Steelhead appliances. Over 500 customers responded, representing 435 organizations. The top three reasons that respondents chose Riverbed over the competition were that the Steelhead appliances deliver faster and better performance, are easier to deploy and manage and offer broader support for application acceleration. Other considerations were pre-sales and support, range of features, scalability, product stability and Riverbed’s position as the market leader. One hundred thirty organizations chose Riverbed’s Steelhead appliances over Cisco’s WAAS offerings, while 148 organizations selected Riverbed’s Steelhead appliances over Juniper’s WX or WXC appliances.</p>
<p>Riverbed’s customer base of over 2,000 includes companies in the financial services, publishing, aerospace, pharmaceutical, insurance, energy, semiconductor, engineering, local and national governments, manufacturing, and architecture markets. Customers range in size from small organizations with only two or three offices to some of the world's largest enterprises with hundreds or even thousands of offices. Recent customer wins include: Hearst Corporation; Everbrite; Skidmore Owings &amp; Merrill, LLP; Plastipak Packaging; Ropes and Gray; and BBRail.</p>
<p>“Riverbed provided Plastipak Packaging with a solution that enabled us to consolidate our 11 Microsoft Exchange email servers into one manageable, centralized server without compromising application performance and user productivity,” said Joe Lalik, technical services director at Plastipak Packaging, Inc. “With the Steelhead appliances deployed, our user community doesn't even know that their email server is no longer in the building. We have since begun centralizing our file servers in the same fashion. The Steelhead appliances were easy to deploy and easy to manage, giving us an extremely fast ROI.”</p>
<p>"Riverbed got to 2000 customers faster than most get to 200. Even more impressive is that they are adding more functionality and entering new market segments,” said Steve Duplessie, founder and senior analyst at Enterprise Strategy Group. “Adding the ability to accelerate secure SSL is nothing short of brilliant."</p>
<p>On March 5, 2007, Riverbed announced the fourth generation of its award-winning Riverbed Optimization System (RiOS™). RiOS 4.0 enhancements address customers’ real-world business challenges. With RiOS 4.0, enterprises can now apply Riverbed’s industry-leading optimizations to SSL traffic for end-to-end secure traffic acceleration, effectively accelerate critical Web-based business applications, and simplify the deployment and management of Riverbed’s Steelhead appliances in large, complex and mission-critical environments. To learn more about RiOS 4.0, visit</p>
<p>During the past year, Riverbed® has achieved significant company milestones, including its September 2006 IPO, and received numerous industry accolades ( Q1 2006 to Q1 2007 also proved to be a year of innovation for Riverbed’s Steelhead appliances, and saw an increase in demand for Riverbed’s products from organizations across the globe.</p>
<p>“Our rapid customer growth, high satisfaction scores and leadership position in the WDS market are a testament to the tremendous value that our breakthrough technology delivers to companies of all sizes,” said Jerry Kennelly, CEO and president of Riverbed. “This growth is also a validation of the integrated, elegant approach we took when introducing WDS solutions to the marketplace. Customers who choose Riverbed over the competition achieve the best performance for the applications important to their business with a solution that is the most scalable and easiest to install and manage.”</p>
<p>About Riverbed’s Steelhead Appliances</p>
<p>Riverbed’s WDS solutions enable organizations with more than one office to overcome a host of severe problems, including poor application performance and insufficient bandwidth at remote sites. By speeding the performance of applications between distributed sites by five to 50 times and in some cases up to 100 times between enterprise datacenters and remote offices, Riverbed’s award-winning Steelhead WDS appliances enable companies to consolidate IT, improve backup and replication processes to ensure data integrity, and improve staff productivity and collaboration. Steelhead appliances 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:</p>
<p>About Riverbed</p>
<p>Riverbed Technology is the performance 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</p>
<p>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.</p>
<p>Forward Looking Statements</p>
<p>This press release contains forward-looking statements, including statements relating to the expected demand for Riverbed’s products and services, and statements relating to Riverbed’s ability to meet the needs of distributed organizations, grow market share or grow the market as a whole. 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 9, 2007. 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.</p>

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