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San Francisco—November 04, 2014— Riverbed Technology (NASDAQ: RVBD), the leader in application performance infrastructure, today at Riverbed FORCE 2014 announced the next-generation of two Riverbed flagship products - Riverbed® SteelHead™ 9.0 and Riverbed® SteelCentral™ AppResponse 9.5 - to deliver the most complete visibility, control, and optimization solution to accelerate performance of on-premises, cloud, and SaaS applications.
The new solution provides optimization for any app, unmatched visibility from the data center to the cloud, and simplified control across hybrid networks with network path selection capabilities that make it easy to group applications via business-intent policies. These new innovations and tighter integrations between SteelHead and SteelCentral enhance the Riverbed Application Performance Platform™ - the most complete platform that enables CIOs to deliver, control, and optimize all IT resources across the hybrid enterprise.
"Today's announcement offers breakthrough innovations, and Riverbed is now poised to do for cloud and SaaS applications what we've done for more than 1100 applications across the wide area network for the last decade," said Jerry M. Kennelly, Riverbed Chairman and CEO. "With these new solutions, Riverbed is continuing to deliver on our vision of enabling hybrid enterprises to transform application performance into a competitive advantage by maximizing employee productivity and leveraging IT to create new forms of operational agility."
Hybrid architectures and SaaS applications bring significant benefits to organizations, however at the same time, create challenges for CIOs who need full visibility across all networks and applications and must deliver an optimal and consistent end user experience - regardless of where the application or network resources reside.
"In this new paradigm of anywhere and anytime connectivity, enterprise IT is struggling to control and monitor this new level of connectivity, and effectively maintain critical SLAs," said Brad Casemore, Research Director for Datacenter Networks, IDC. "As the level of complexity continues to grow, enterprise IT must invest in solutions, which allow them to achieve the same level of control and visibility for all connections, whether they originate from the data center, the branch, a mobile device or a SaaS application."
SteelHead 9.0 extends Riverbed's decade-long industry leadership in WAN optimization, delivering up to 100x performance improvements, with new levels of visibility, control, and optimization for hybrid enterprises.
"Today, enterprises are challenged by the complexity of multiple clouds, networks, service providers, SLAs, end users everywhere, and application sprawl, all of which is resulting in lack of visibility to ensure a consistent experience for end users," said Paul O'Farrell, Senior Vice President and General Manager, SteelHead Products Group at Riverbed. "With today's announcements of SteelHead 9.0 and SteelCentral AppResponse 9.5, Riverbed is providing visibility and control for applications to end users anywhere they're located, enabling CIOs to fully enjoy all the business benefits of the hybrid enterprise."
Riverbed SteelHead 9.0 and SteelCentral AppResponse 9.5 are both expected to be generally available in Q4 2014. For more information on Riverbed SteelHead 9.0 and SteelCentral AppResponse 9.5 visit: www.riverbed.com/blogs/Visibility-control-and-optimization-for-any-app-across-the-hybrid-enterprise.html.
This press release contains forward-looking statements, including statements relating to the ability of Riverbed to meet the needs of distributed organizations. 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 for the period ended December 31, 2013, and our subsequent quarterly reports filed with the SEC. 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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