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SAN FRANCISCO—April 09, 2013— Riverbed Technology (NASDAQ: RVBD), the application performance company, today announced that the Riverbed® Partner Network (RPN) program has been recognized by CRN with top honors. The program was awarded a 5-Star Partner rating within CRN's 2013 Partner Program Guide and was also recognized as a 2013 Channel Champion in the wide area network (WAN) Optimization/WAN Acceleration category. To accelerate partnership momentum, Riverbed has focused its program on offering tools, resources, and profitability programs that enable its partner ecosystem to sell a broad set of solutions that address the ever-changing demands of modern IT architectures.
Riverbed Partner Program Receives 5-Star Partner Program Rating
The 5-Star Partner Program rating recognizes an elite subset of Partner Program Guide vendors who give solution providers the best partnering elements in their channel programs. The CRN Partner Program Guide is the definitive listing of manufacturers and software publishers that service solution providers or provide products to the IT Channel. The guide recognizes those vendors who have channel programs and derive a portion of their sales through the indirect IT Channel. The list methodology is based on objective criteria that takes into account each vendor's investments in program offerings, partner profitability, partner training, education and support, marketing programs and resources, sales support and communication. Vendors are assessed using information provided in their completed applications.
"The companies listed in CRN's 2013 Partner Program Guide represent a comprehensive list of the best channel programs in the market today," said Kelley Damore, senior vice president and editorial director, for UBM Tech Channel's CRN. "The 5-star award is reserved for vendors that understand that a successful partnership does not rely solely on the technology. By offering their partners tools, education, and regular updates, vendors on this list go above and beyond traditional support to ensure a mutually beneficial partnership."
Riverbed Named 2013 Channel Champion for WAN Optimization
CRN's annual Channel Champions awards are based on the results of a series of surveys conducted with top solution providers; the awards are presented to vendors receiving the best ratings in the areas of technological satisfaction, support satisfaction, and financial benefits. The CRN Channel Champions survey is the largest and broadest-based technology integrator market study in the industry, measuring the overall perceptions of vendor products and services by IT solution providers. The end result is a list of the most partner-friendly vendors in the channel, serving as a valuable resource for technology integrators when evaluating vendors and their programs. Riverbed was selected as the overall category winner for the WAN optimization/WAN acceleration category.
"Riverbed supports its partners with a value-based channel program model, whereby we deliver innovative programs that develop, enable, and engage our partner community to help them to grow their business," said Michele Hayes, senior director, Global Channel Programs and Strategy at Riverbed. "It is an honor to receive these two industry awards, as it reinforces our commitment to working together with our partners and equipping them with the relevant performance solutions and programs they need to gain competitive advantage and to effectively address the new demands being placed on IT infrastructures today."
The Riverbed Partner Network program is built around four key pillars to ensure partner success - competency, engagement, marketing, and profitability. It is a comprehensive program designed to provide growth and profitability for each type and size of Riverbed partner, including distributors, global partners, large account resellers, as well as enterprise and small/medium enterprise solution providers. During the past year, Riverbed introduced a new specialization framework - Technology Authorization Paths (TAPs) - to ensure partners are well versed on the full Riverbed performance platform and prepared to help customers modernize their data centers. TAPs empower Riverbed partners to build competency across one or many Riverbed performance solutions and sell the solutions best suited for their market expertise. Additionally, Riverbed introduced a new partner training program and profitability program to drive continued partner growth and product adoption.
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, storage delivery, 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.
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-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®, 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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