Riverbed Files Patent Infringement Claim Against Quantum
San Francisco, CA — November 13, 2007 — Riverbed Technology, Inc. (Nasdaq: RVBD), the technology and market leader in wide-area data services (WDS), announced today that it has filed a patent infringement claim against Quantum Corporation.
Riverbed's complaint, filed in Federal District Court in San Francisco, identifies Quantum's data storage products utilizing its "data de-duplication" technology as infringing Riverbed's U.S. Patent No. 7,116,249. The products accused of infringing include Quantum's DXi7500, DXi5500 and DXi3500 data backup and storage products. Riverbed seeks damages for infringement, including treble damages for willful infringement, and a permanent injunction against further infringement by Quantum.
"Riverbed has a portfolio of valuable and pioneering patents," said Brett Nissenberg, general counsel and vice president of corporate and legal affairs at Riverbed. "Quantum's recent patent infringement suit against Riverbed caused us to carefully evaluate Quantum's DXi-series products and its "de-duplication" technology. In the process we discovered that Quantum is infringing one of Riverbed's fundamental patents covering data storage systems. We are therefore seeking substantial compensation from Quantum as well as a permanent injunction. We intend to vigorously protect the data storage technology covered by the '249 patent."
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.
Forward Looking Statements
This press release contains forward-looking statements, including statements relating to the conduct or expected outcome of litigation with Quantum Corporation. 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 prevail in litigation with Quantum Corporation; the ability of our patents to protect our intellectual property; our ability to protect or enforce our intellectual property rights; the general risks associated with litigation, including the costs incurred and time that must be devoted to litigation as well as the diversion of management's attention that may result from being engaged in litigation;
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 October 25, 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.
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.
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Media Contacts:
Kristalle Ward
Riverbed Technology
(415) 274-8140
kristalle.ward@riverbed.com
Krista Canfield
Horn Group for Riverbed Technology
(415) 905-4011
kcanfield@horngroup.com
