Riverbed Adds To Team In US Federal Market
Former Cisco and Oracle Executives will Lead Federal Sales Team
SAN FRANCISCO – April 1, 2008 – Riverbed Technology (Nasdaq: RVBD), the technology and market leader in wide-area data services (WDS), today announced the appointment to its US federal market team of industry veterans Bill Hartwell and Susan Keys. Hartwell joins the company as general manager and senior director, and Keys as director of business and channels development for the Federal Markets Division. In their new roles, Hartwell and Keys will leverage past experience with leading enterprise solutions providers working with federal civilian agencies, the Department of Defense and the intelligence community to help ensure that Riverbed® WDS solutions continue to meet the needs of the US
federal market.
"Riverbed looks to Bill and Susan to lead our team in the federal market, said Denis Murphy, vice president of Americas at Riverbed. Were delighted that Bill and Susan have joined us."
Prior to joining Riverbed, Hartwell was vice president of business and channel development of government markets at Motorola, where he developed sales, engineering, business, and channel development teams to drive enterprise mobility solutions in the public sector markets. In addition, he was vice president of the federal government area at Symbol Technologies prior to its acquisition by Motorola. Prior to his tenure at Symbol, Hartwell spent eight years at Cisco where he developed senior sales, systems engineering, channels, and business development teams with extensive customer and industry knowledge.
"Riverbed has proven to help government organizations that face barriers to IT consolidation, and need to provide high-speed, secure access to globally distributed information," said Hartwell.
"Based on my past experience working in the government sector, I believe that the Riverbed WDS solutions can support many of the challenges that government faces today such as data center consolidation, disaster recovery, performance based contracting, and the growth of the mobile workforce," said Keys.
Keys also held tenure at Cisco as director of Cisco's Federal System Internet Business Solutions Group, where her role focused on providing Internet Solutions to the federal market. The solutions her group provided included developing and translating federal thought leadership into Internet solutions and communicating those requirements internally to a virtual public sector team that crossed all Internet solutions and lines of business within Cisco. Since her time at Cisco, Keys was a vice president at Oracle, where she helped lead federal consulting sales. Most recently, Keys co-founded Technology Vision Consulting, which provides Technology Enablement Services (TES) to help federal and commercial customers maximize IT investments and meet business enablement objectives.
Steelhead Products
Riverbeds WDS solutions enable organizations of all sizes to overcome a host of severe problems, including poor application performance and insufficient bandwidth at remote sites. By speeding the performance of applications between data centers, remote offices, and mobile workers by five to 50 times and in some cases up to 100 times, Riverbeds award-winning Steelhead WDS products enable companies
to consolidate IT, improve backup and replication processes to ensure data integrity, and improve staff productivity and collaboration. Steelhead products have been deployed in organizations ranging from the worlds largest corporations with offices around the globe to small companies with a couple of sites that are just miles apart. To learn more, view Riverbeds demo: www.riverbed.com/pr/jack.
About Riverbed
Riverbed Technology is the technology and market leader in wide-area data services (WDS) solutions for companies worldwide. By enabling application performance over the wide area network (WAN) that is orders of magnitude faster than what users experience today, Riverbed is changing the way people work, and enabling a distributed workforce that can collaborate as if they were local. Additional information about Riverbed (Nasdaq: RVBD) is available at www.riverbed.com.
Forward Looking Statements
This press release contains forward-looking statements, including statements relating to the expected demand for Riverbed's products and services, statements relating to the expected growth of Riverbed and its federal and government organization business, and statements relating to Riverbeds ability to meet the needs of distributed organizations and grow market share. 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 Riverbeds business are set forth in our Form 10-K filed with the SEC on February 15, 2008. 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.
Riverbed Technology, Riverbed, Steelhead, RiOS, Interceptor, and the Riverbed logo are trademarks or registered trademarks of Riverbed Technology, Inc. All other trademarks used or mentioned herein belong to their respective owners.
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Media Contacts:
Kristalle Ward
Riverbed Technology
415-247-8140
kristalle.ward@riverbed.com
Robb Henshaw
Horn Group for Riverbed Technology
415-905-4028
rhenshaw@horngroup.com
