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Mon, March 7, 2011
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Riverbed Senior Executive Named 2011 Channel Chief by Everything Channel's CRN


Published on 2011-03-07 06:11:18 - Market Wire
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SAN FRANCISCO, CA--(Marketwire - March 7, 2011) - [ Riverbed Technology ] (NASDAQ: [ RVBD ]), the IT performance company, today announced that Randy Schirman, vice president of worldwide channel sales, has been named a 2011 Channel Chief by Everything Channel's CRN magazine. Channel Chiefs are leaders in creating effective channel programs for solution providers by consistently defending, promoting and executing effective channel partner programs and strategies.

In leading the global channel sales strategy at Riverbed®, Schirman was awarded Channel Chief for his role in expanding Riverbed routes to market with the addition of service provider and systems integrator programs.

"In 2010 we globalized and enhanced our channel offerings to better serve the varied needs of our channel partners," said Schirman. "Collectively, we now offer one of the industry's most comprehensive channel programs, supporting more than 1,600 partners with incentives, significant education, predictable and collaborative joint marketing and sales engagement, all in an 'easy-to-do-business-with' environment."

"Our channel success was a key factor separating us from the pack last year in growing our top market share position. We believe our placement in the Leaders Quadrant on the most recent Gartner Magic Quadrant for WAN Optimization Controllers1 report reflects this," said David M. Peranich, executive vice president of worldwide sales at Riverbed. "We congratulate Randy on this recognition, and look forward to continuing to develop channel programs that support our partners in successfully delivering value for their customers' most important IT initiatives."

This year's Channel Chiefs were chosen by the Everything Channel editorial team on criteria including policy and program innovations made during the past year, the amount of revenue their company generates through partners, their willingness to speak out publicly on behalf of the channel, and the number of years they have dedicated to channel activities.

"Being named a Channel Chief is one of the most prestigious honors in the IT industry. This year's Channel Chiefs offer tremendous insight into the who's who of the Channel," said Kelley Damore, VP, Editorial Director, Everything Channel. "Top channel executives consistently ensure that the Channel's voice is heard when strategic decisions are being made and continually nurture mutually profitable relationships. We applaud Randy Schirman and this year's Channel Chiefs for their successful partner programs and strategies."

The Riverbed Partner Network (RPN) Program is a comprehensive program designed to provide growth and profitability for each type and size of Riverbed partner, including Large Account Resellers, Enterprise VARs and Small and Mid-sized Enterprises (SMEs). It is a compelling platform for partners to drive their organization's growth by leveraging new lead generation, training and certification and sales incentive programs that drive success both for the partners and their customers.

More than 9,200 organizations worldwide, across a wide range of markets, depend on Riverbed to understand, optimize and consolidate their IT infrastructure. Riverbed delivers hardware, software and virtualized solutions that overcome performance issues caused by distance, distributed computing, and ever increasing amounts of data. Virtualization, consolidation and cloud computing promise huge cost savings and improved efficiencies, but as users move farther from their data, slow applications and file transfers can stall these strategic initiatives. Riverbed delivers to the remote office and mobile workers the same "local" performance, no matter where the private data center or public cloud may be. Riverbed continues building on its success in the WAN optimization and network application performance visibility markets with new and innovative solutions for accelerating cloud storage and access to applications and data deployed in the public cloud.

For additional information on the CRN Channel Chief list, visit [ www.crn.com ]. The Channel Chief list was published in the February 21, 2011 issue.

1Gartner, Inc., "Magic Quadrant for WAN Optimization Controllers 2010," by Severine Real, Andy Rolfe and Joe Skorupa, December 2010

Forward Looking Statements
This press release contains forward-looking statements, including statements relating to the expected demand for Riverbed's products and services, 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-K filed with the SEC on February 8, 2011. 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.

About Riverbed
Riverbed delivers performance for the globally connected enterprise. With Riverbed, enterprises can successfully and intelligently implement strategic initiatives such as virtualization, consolidation, cloud computing, and disaster recovery without fear of compromising performance. By giving enterprises the platform they need to understand, optimize and consolidate their IT, Riverbed helps enterprises to build a fast, fluid and dynamic IT architecture that aligns with the business needs of the organization. Additional information about Riverbed (NASDAQ: [ RVBD ]) is available at [ www.riverbed.com ].

About Everything Channel
Everything Channel is the premier provider of IT channel-focused events, media, research, consulting, and sales and marketing services. With over 30 years of experience and engagement, Everything Channel has the unmatched channel expertise to execute integrated solutions for technology executives managing partner recruitment, enablement and go-to-market strategy in order to accelerate technology sales. Everything Channel is a [ UBM ] company. To learn more about Everything Channel, visit us at [ http://www.everythingchannel.com ]. Follow us on Twitter at [ http://twitter.com/everythingchnl ].

About United Business Media Limited
UBM (UBM.L) focuses on two principal activities: worldwide information distribution, targeting and monitoring; and, the development and monetization of B2B communities and markets. UBM's businesses inform markets and serve professional commercial communities -- from doctors to game developers, from journalists to jewelry traders, from farmers to pharmacists -- with integrated events, online, print and business information products. Our 6,500 staff in more than 30 countries are organized into specialist teams that serve these communities, bringing buyers and sellers together, helping them to do business and their markets to work effectively and efficiently. For more information, go to [ www.ubm.com ].

About the Gartner Magic Quadrant
The Magic Quadrant is copyrighted 2010 by Gartner, Inc. and is reused with permission. The Magic Quadrant is a graphical representation of a marketplace at and for a specific time period. It depicts Gartner's analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the Magic Quadrant, and does not advise technology users to select only those vendors placed in the "Leaders" quadrant. The Magic Quadrant is intended solely as a research tool, and is not meant to be a specific guide to action. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

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