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Riverbed Ranked Number 21 Fastest Growing Company in North America on Deloitte's 2009 Technology Fast 500(TM)
Monday, October 26, 2009 9:51 AM


(Source: MARKETWIRE)trackingRiverbed Technology (NASDAQ: RVBD), the IT infrastructure performance company for networks, applications and storage, today announced that it ranked number 21 on Technology Fast 500(TM), Deloitte LLP's ranking of 500 of the fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. Rankings are based on percentage fiscal year revenue growth during the five year period from 2004 to 2008. Riverbed revenues grew from $2.562 million in 2004 to $333.349 million in 2008, an increase of 12,911 percent during this period.

Riverbed(R) CEO Jerry Kennelly credits maintaining the same high-performance culture throughout the company's history as the key factor in driving its revenue growth over the five years. "When Dr. Steve McCanne and I started Riverbed back in 2002, we were steadfast in our convictions about the type of people we wanted to work with us," says Kennelly. "Our recruiting process remains as thorough today as it was back then. We started with the smartest and highest-performing people behind an innovative technology that addresses a critical challenge for enterprises. Our success with customers is a testament to the team's drive to continuously provide an industry-leading solution and support."

"Technology Fast 500(TM) recognizes innovative companies that have broken down barriers to success and defied the odds with their remarkable five-year revenue growth," said Phil Asmundson, Vice Chairman and U.S. Technology, Media and Telecommunications leader, Deloitte LLP. "We congratulate Riverbed on this accomplishment."

"With its impressive five-year growth, Riverbed has earned its position among the fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America," said Mark Jensen, Managing Partner, Technology and Venture Capital Services, Deloitte & Touche LLP. "Deloitte is proud to honor Riverbed for its achievement."

In 2008, Riverbed ranked 10th in the Rising Star category in Deloitte's Technology Fast 50 program for Silicon Valley. The Rising Star award is a special designation for fast-growth companies that have been in business a minimum of three years, and is part of the Silicon Valley Technology Fast 50 program.



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