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SAN FRANCISCO—May 31, 2013— Riverbed Technology (NASDAQ: RVBD), the application performance company, today announced that Network Products Guide, one of industry's leading technology research and advisory guides, has named its Stingray® Traffic Manager a Gold winner of the 8th Annual 2013 Hot Companies and Best Products Awards in the Application Delivery category. In addition, the company's Cascade® Express appliance, a Riverbed® Performance Management (RPM) product, earned a Bronze award in the New Products category.
The Riverbed Stingray product family is application delivery controller (ADC) software designed to make applications faster, more reliable, and more secure. Stingray is the industry's only complete software-based Layer 7 ADC with advanced features such as integrated web content optimization (WCO) and web application firewall capabilities, which free customers deploying applications from the constraints they face when deploying legacy ADCs.
Riverbed Performance Management (RPM) includes the Cascade network performance management (NPM) and OPNET application performance management (APM) product lines. Riverbed Performance Management (RPM) maximizes the performance, availability, and productivity of critical applications by combining end-user experience monitoring, application transaction tracing, deep component monitoring, and IT infrastructure/network management. Cascade Express is an all-in-one solution that combines the best of flow and packet capture plus network monitoring into a single appliance.
"This industry and peer award recognition of Riverbed by Network Products Guide further validates our position as a company dedicated to helping our customers deliver application performance, while navigating the changing IT landscape, including virtualization, cloud, and software defined data centers," said David Greene, chief marketing officer at Riverbed.
More than 22,000 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. Slow applications, slow file transfers and inefficient websites can negatively impact the performance and success of these initiatives. Riverbed transforms IT performance by providing solutions spanning WAN optimization, edge-VSI, application-aware network performance management, application performance management, application delivery controllers, web content optimization (WCO), and cloud data protection. 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.
About Network Products Guide Awards
As industry's leading technology research and advisory publication, Network Products Guide plays a vital role in keeping decision makers and end-users informed of the choices they can make in all areas of information technology. You will discover a wealth of information and tools in this guide including the best products and services, roadmaps, industry directions, technology advancements and independent product evaluations that facilitate in making the most pertinent technology decisions impacting business and personal goals. The guide follows conscientious research methodologies developed and enhanced by industry experts. To learn more, visit www.networkproductsguide.com.
This press release contains forward-looking statements, including statements relating to the expected demand for Riverbed's products and services. 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 May 3, 2013. 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.
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Riverbed®, The Digital Performance Company™, enables organizations to maximize digital performance across every aspect of their business, allowing customers to rethink possible. Riverbed’s unified and integrated Digital Performance Platform™ brings together a powerful combination of Digital Experience, Cloud Networking and Cloud Edge solutions that provides a modern IT architecture for the digital enterprise, delivering new levels of operational agility and dramatically accelerating business performance and outcomes. At more than $1 billion in annual revenue, Riverbed’s 30,000+ customers include 98% of the Fortune 100 and 100% of the Forbes Global 100. Learn more at riverbed.com.
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