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Wed, January 21, 2009

Riverbed Technology: SingTel and Riverbed to Deliver Managed WAN Acceleration Services


Published on 2009-01-21 08:12:02, Last Modified on 2009-01-21 08:14:05 - Market Wire
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SAN FRANCISCO, CA and SINGAPORE--(Marketwire - January 21, 2009) - Riverbed Technology (NASDAQ: [ RVBD ]) and Singapore Telecommunications Limited (SingTel), Asia's leading communications group, announced today that they are collaborating to provide the SingTel Traffic Optimization and Profiling Service Application Accelerator (TOPS AA) service based on Riverbed's WAN optimization solutions.

The SingTel TOPS AA solution accelerates the delivery of data over Wide Area Networks (WAN), improving the performance and speed of corporate applications such as e-mail, data back-up, web browsing, document sharing and management, Enterprise Resource Planning (ERP) and Customer Relationship Management (CRM).

As the TOPS AA solution is hosted and fully managed by SingTel, customers need not worry about technology obsolescence, system upgrades and the ongoing cost of manpower to manage complex network infrastructure. It is offered with the option of utility-based pricing to allow customers to avoid heavy upfront investments during this period of economic downturn, and yet flexibly scale to meet growing business needs.

Bill Chang, SingTel's Executive Vice President of Business, said, "SingTel is excited to work with Riverbed® to enable companies to maximize the use of their international bandwidth and enjoy superior performance for their inter-office applications. The TOPS AA service overcomes the issues of long distance communications to allow customers with offices around the world to do business like never before."

"As Asia Pacific's leading IP VPN service provider, SingTel is committed to providing an innovative one-stop Infocomm Technology (ICT) experience that helps businesses to reduce costs and be more productive," adds Chang.

"Cutting cost while increasing efficiencies will be the mantra for IT departments in 2009," said Tracy Corbo, Senior Analyst for IDC. "This will require centralization and consolidation of IT personnel and services. Consequently, we believe that this will result in growing opportunities in the area of managed network services, with WAN optimization as one such service that can be readily outsourced through a service provider. The technology is already proven and as a managed service it offers both CAPEX savings as well as freeing up staff for other projects."

Jerry Kennelly, chairman and CEO of Riverbed, observed, "The market for WAN optimization and application acceleration has matured to the point that enterprises now demand solutions that deliver both savings in IT and WAN costs and better business outcomes such as improved operational efficiency, enhanced collaboration across extended enterprises, better business continuity and disaster recovery, and, of course, more effective home and mobile working."

"Recently there has been a notable trend for companies of all sizes to seek to optimize their IT and networks through a managed service. The collaboration between SingTel and Riverbed delivers on all fronts and we are very excited about the fact that SingTel, one of the world's leading service providers, has chosen to base its offering on Riverbed," added Kennelly.

For more information on SingTel's TOPS AA solution, please their contact an account manager or visit [ http://www.singtel.com/salesenquiries ]

Industry Recognition

SingTel and Riverbed have received numerous accolades for their leadership in the IP VPN and WAN acceleration market.

For instance, InfoWorld named Riverbed the leader in WAN acceleration for five years in a row, beginning in 2005 when it first created the category. It recognized Riverbed for its innovation and early leadership in the WAN optimization market.

According to IDC's latest Asia/Pacific Semiannual Fixed-Line Telecom Services Tracker, First Half 2008 report, SingTel has secured the largest revenue market share in Asia Pacific excluding Japan.

SingTel was also recognized by Computerworld Magazine as the leading Managed Wan Accelerator and Managed Connectivity Services provider.

About Steelhead Products

Riverbed WAN optimization 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 up to 100 times, the Riverbed award-winning Steelhead® 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 world's largest corporations with offices around the globe to small companies with a couple of sites that are just miles apart. To learn more, view Riverbed's demo: [ www.riverbed.com/pr/jack ].


About Riverbed

Riverbed Technology is the technology and market leader in WAN optimization 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 ].

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.


About SingTel

SingTel is Asia's leading communications group with operations and investments around the world. Serving both the corporate and consumer markets, it is committed to bringing the best global communications solutions to customers in the Asia Pacific and beyond.

With significant operations in Singapore and Australia (through wholly-owned subsidiary SingTel Optus), the Group provides a comprehensive portfolio of services that includes voice and data over fixed, wireless, Internet and satellite platforms as well as pay TV.

To serve the needs of multi-national corporations, SingTel has a network of 37 offices in 19 countries and territories throughout Asia Pacific, Europe and the United States. These offices enable SingTel to deliver reliable and quality network solutions to its customers, either on its own or jointly with local partners.

The Group also has major investments in Bangladesh, India, Indonesia, Pakistan, the Philippines and Thailand. Together with its regional partners, SingTel is Asia's largest multi-market mobile operator, serving more than 216 million customers in eight markets.


Forward Looking Statements

This press release contains forward-looking statements, including statements relating to the expected demand for Riverbed's products and services, including through Riverbed-based managed service offerings, statements regarding the growth characteristics of, and customer demand relating to, the WAN optimization managed services market, and statements relating to Riverbed's ability 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-Q filed with the SEC on October 30, 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.

Contributing Sources