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SAN FRANCISCO—April 15, 2013— At an event titled "Data Where You Need It; Control Where You Want It," Riverbed Technology (NASDAQ: RVBD) will unveil breakthroughs in software-defined data center deployments with Granite® technology that extend the benefits of the data center to global branch offices. At the event, Riverbed® will highlight customer successes and showcase demonstrations of its disruptive new approach to consolidating edge data to the secure data center, while delivering local performance access to branch employees. Riverbed will be joined at the event by alliance partner EMC, an IDC analyst, and Granite customers.
Despite efforts to consolidate and move to software-defined architectures, the business need to provide fast access to data and applications has forced organizations to keep servers and storage at the branch. According to leading industry analysts, more than 50 percent of all enterprise data resides in branch locations.
Riverbed and its customers and partners will demonstrate technology and strategies that extend the benefits of the data center to branch offices. Together, these advances enable 100 percent consolidation of resources to the secure data center and create new possibilities for IT, including instant provisioning of branch offices from the data center and instant restore should disaster occur.
The following analysts, partners, and customers will join Riverbed at the event:
"Until now, the benefits of a software-defined architecture were limited to the data center. Customer use cases highlight how these benefits can extend globally throughout the worldwide enterprise," said John Martin, senior vice president and general manager, Storage Delivery at Riverbed.
Riverbed introduced award-winning Granite storage delivery solutions to enable more organizations to completely consolidate their branch office IT. Granite gives organizations a groundbreaking storage delivery solution with the unique capability to 'vacuum up' servers and storage from branch and remote offices so they can be centrally controlled in the data center. By leveraging the Granite solution, organizations have the ability to not only completely consolidate servers and storage, but also get rid of remote backup and improve data security by putting data in secure locations to remove risk. In 2013, Riverbed created a new storage delivery business unit led by John Martin.
Riverbed will be holding the "Data Where You Need It; Control Where You Want It" event in New York City on Wednesday, April 17 beginning at 1 p.m. Eastern Time. To register for the live video webcast, please visit: https://twimgs.com/audiencedevelopment/JB/Riverbed_NY_041713_Simulcast_homepage_client.html. The webcast replay of the event will be available April 19.
This press release contains forward-looking statements, including statements relating to the expected demand for and benefits from 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-K filed with the SEC on February 19, 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 enables organizations to modernize their networks and applications with industry-leading SD-WAN, application acceleration, and visibility solutions. Riverbed’s platform allows enterprises to transform application and cloud performance into a competitive advantage by maximizing employee productivity and leveraging IT to create new forms of operational agility. At more than $1 billion in annual revenue, Riverbed’s 28,000+ customers include 97% of the Fortune 100 and 98% of the Forbes Global 100. Learn more at www.riverbed.com.
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