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MENAFN - - 5/8/2012 9:02:09 AM

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Riverbed Appoints New Managing Director for Japan

Industry Veteran Tim Goodwin Joins to Manage and Grow Riverbed's Presence Within the Country

SAN FRANCISCO, CA, May 08, 2012 (Menafn - MARKETWIRE via COMTEX) --Riverbed Technology RVBD, the performance company, todayannounced that the company appointed Tim Goodwin as the ManagingDirector for Riverbed(R) Japan. Goodwin brings more than 20 years ofoperational, channel and sales experience in the technology industry,most notably at F5 Networks where he established and grew thecompany's market profile in country. In his new role at Riverbed,Goodwin will be responsible for expanding the Riverbed presence andbusiness within the country.

More than 17,000 organizations worldwide depend on Riverbed tounderstand, optimize and consolidate their IT infrastructure, throughsolutions that overcome performance issues caused by distance,distributed computing, and ever increasing amounts of data. As ITorganizations embark on strategic initiatives to virtualize,consolidate and migrate workloads into cloud environments, users aremoved farther from their data, and slow applications, file transfersand inefficient websites negatively impact the performance of theseinitiatives. Riverbed transforms IT performance by providingsolutions spanning WAN optimization, edge virtual serverinfrastructure (edge-VSI), application-aware network performancemanagement (NPM), application delivery, web content optimization(WCO), and cloud data protection for backup and disaster recovery. Byproviding the broadest portfolio of performance solutions thatdeliver anywhere, any application optimization, Riverbed enablesorganizations to increase productivity and efficiency, whileenhancing business resilience and controlling costs.

"Tim has a proven track record of achieving phenomenal success duringhis previous assignments representing western technology companies inJapan. We believe that his deep understanding of the local culture,market, partners and business practices will support Riverbed in ourefforts to grow our business and our new product lines within thecountry," said Dave Peranich, executive vice president of globalfield operations, Riverbed.

Goodwin has a proven history of overachieving financial goals, andhas successfully expanded the global reach of organizations bybuilding a team of industry leading players, collaboratingextensively with headquarters to set and implement local strategy,and developing successful channel and sales strategies. He mostrecently managed company operations in Japan for Isilon Systems JapanK.K. and Q1 Labs Inc. Prior to this, Goodwin led local operations forF5 Networks Ltd as Vice President and Country Manager for Japan.

"Riverbed has established itself as a technology market leader thatoffers many benefits to organizations headquartered in Japan orglobal organizations that host local offices within the country byaddressing performance challenges across the entire ITinfrastructure," said Goodwin. "I'm excited to join a company thathas superior technology, is growing rapidly and has a huge acceptanceby customers. I look forward to leveraging my industry expertise toexpand the company's global presence."

Forward Looking Statements This press release containsforward-looking statements, including statements relating to theexpected demand for Riverbed's products and services, and statementsrelating to Riverbed's ability to grow market share and sales andmeet the needs of distributed organizations. These forward-lookingstatements involve risks and uncertainties, as well as assumptionsthat, if they do not fully materialize or prove incorrect, couldcause our results to differ materially from those expressed orimplied by such forward-looking statements. The risks anduncertainties that could cause our results to differ materially fromthose expressed or implied by such forward-looking statements includeour ability to react to trends and challenges in our business and themarkets in which we operate; our ability to anticipate market needsor develop new or enhanced products to meet those needs; the adoptionrate of our products; our ability to establish and maintainsuccessful relationships with our distribution partners; our abilityto compete in our industry; fluctuations in demand, sales cycles andprices for our products and services; shortages or price fluctuationsin our supply chain; our ability to protect our intellectual propertyrights; general political, economic and market conditions and events;and other risks and uncertainties described more fully in ourdocuments filed with or furnished to the Securities and ExchangeCommission. More information about these and other risks that mayimpact Riverbed's business are set forth in our Form 10-Q filed withthe SEC on April 30, 2012. All forward-looking statements in thispress release are based on information available to us as of the datehereof, and we assume no obligation to update these forward-lookingstatements. Any future product, feature or related specification thatmay be referenced in this release are for information purposes onlyand are not commitments to deliver any technology or enhancement.Riverbed reserves the right to modify future product plans at anytime.

About Riverbed Riverbed delivers performance for the globallyconnected enterprise. With Riverbed, enterprises can successfully andintelligently implement strategic initiatives such as virtualization,consolidation, cloud computing, and disaster recovery without fear ofcompromising performance. By giving enterprises the platform theyneed to understand, optimize and consolidate their IT, Riverbed helpsenterprises to build a fast, fluid and dynamic IT architecture thataligns with the business needs of the organization. Additionalinformation about Riverbed RVBD is available atwww.riverbed.com.

Riverbed and any Riverbed product or service name or logo used hereinare trademarks of Riverbed Technology, Inc. All other trademarks usedherein belong to their respective owners.


MEDIA CONTACT
Kristalle Ward
Riverbed Technology
415-247-8140
Email Contact

INVESTOR RELATIONS CONTACT
Renee Lyall
Riverbed Technology
415-247-6353
Email Contact



SOURCE: Riverbed Technology

http://www2.marketwire.com/mw/emailprcntct?id=5E4E25E619DA4886
http://www2.marketwire.com/mw/emailprcntct?id=86B2F533F7BBCE38


 






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