Riverbed Continues Momentum in Korea with Bank of Korea's Selection of Steelhead Appliances for Acceleration of Global Applications.Adds to Customer Successes, Including GS Retail, Hyundai HISCO, Samsung Corporation, and SK Chemicals SAN FRANCISCO San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden -- Riverbed Technology Riverbed is a corporation providing wide area data services (WDS). Riverbed Technology's world headquarters is located in San Francisco, California. , Inc. (Nasdaq:RVBD), the technology and market leader in wide-area data services (WDS Wds Words WDS Wireless Distribution System (Joint Common Database) WDS Wide-area Data Services WDS Wireless Domain Services (Cisco Systems technology) WDS Wavelength Dispersive Spectroscopy ), announced today that Bank of Korea The Bank of Korea is the national central bank of the Republic of Korea (South Korea). It was established on June 12, 1950 in Seoul. History The Bank of Korea, the central bank of the Republic of Korea (South Korea) was established on June 12, 1950 under the Bank of Korea has selected and begun implementing Riverbed's Steelhead See RRAS. [R] WDS appliances as part of its global network infrastructure, significantly enhancing its groupware Software that supports multiple users working on related tasks in local and remote networks. Also called "collaborative software," groupware is an evolving concept that is more than just multiuser software which allows access to the same data. and core applications performance. Bank of Korea's selection of Riverbed[R] follows Riverbed's successes over the last year with other companies in Korea such as GS Retail, Hyundai Heavy Industries, Hyundai HISCO, Samsung Corporation, and SK Chemicals. Riverbed also counts the Korea Customs Service, the Rural Development Administration and the Veterans Hospital as its customers. Bank of Korea is the national central bank of the Republic of Korea and was established on June 12, 1950 in Seoul. Bank of Korea required speedy processing of information and orders from intranet portals delivered to global offices, but it suffered poor response times due to low bandwidth on overseas leased lines A private communications channel leased from a common carrier. Most digital lines require four wires (two pairs) for full-duplex transmission. (communications, networking) leased line and application and network latency See latency. . To enhance data upload speed from its global offices and help ensure prompt delivery of information from its central data center, Bank of Korea selected and introduced Riverbed's WDS solutions as part of its global network infrastructure. When selecting a vendor to work with, Bank of Korea's main project criterion was for a solution capable of accelerating its core application performance without changing its existing network and security infrastructure. After reviewing various vendor products, Bank of Korea concluded that Riverbed's WDS solution was the only one that met its requirements. After installation of Riverbed's Steelhead appliances at Bank of Korea's China office and the organization's Seoul data center, Bank of Korea found dramatic improvements in groupware performance and upload/download speed for attachments. As a result, Bank of Korea has been able to reduce the average download time for mail attachments from 30 seconds to five seconds. And the document download time for the organization's groupware system was reduced by 90%. Motivated by this success, Bank of Korea is currently planning to implement Riverbed's solution in its six remote overseas offices: Hong Kong Hong Kong (hŏng kŏng), Mandarin Xianggang, special administrative region of China, formerly a British crown colony (2005 est. pop. 6,899,000), land area 422 sq mi (1,092 sq km), adjacent to Guangdong prov. , New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , Washington, Frankfort, Tokyo and London. "By providing our products to Bank of Korea, Riverbed has confirmed its technical leadership once again. Particularly this success has highlighted that our solution does not require any change to an existing network infrastructure, and security does not have to be compromised," said Jaewook Kim, country manager of Riverbed Korea. Steelhead Products Riverbed's 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, Riverbed's 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 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. Forward Looking Statements This press release contains forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. , including statements relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc the expected demand for Riverbed's products and services, Riverbed's ability to meet the needs of distributed organizations and statements relating to Riverbed's position in the Korean market. These forward-looking statements involve risks and uncertainties, as well as assumptions that, if they do not fully materialize ma·te·ri·al·ize v. ma·te·ri·al·ized, ma·te·ri·al·iz·ing, ma·te·ri·al·iz·es v.tr. 1. To cause to become real or actual: By building the house, we materialized a dream. 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 fur·nish tr.v. fur·nished, fur·nish·ing, fur·nish·es 1. To equip with what is needed, especially to provide furniture for. 2. 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 Form 10-Q See 10-Q. filed with the SEC on July 30, 2007. All forward-looking statements in this press release are based on information available to us as of the date hereof here·of adv. Of this. hereof Adverb Formal or law of or concerning this Adv. 1. hereof - of or concerning this; "the twigs hereof are physic" , 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 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. 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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