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Riverbed Makes the Fast 500 List for 5th Consecutive Year
SAN FRANCISCO, CA – November 14, 2013 — /BackupReview.info/ — Riverbed Technology (NASDAQ: RVBD), the application performance company, today announced it is ranked as one of the fastest growing companies in North America on Deloitte’s 2013 Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. Rankings are based on percentage of fiscal year revenue growth during the period from 2008-2012.
Tweet This: 5th year in a row: @DeloitteTMT #Fast500 ranks #Riverbed as one of the fastest growing companies: http://rvbd.ly/17qFABC
Jerry M. Kennelly, Riverbed chairman and chief executive officer, credits the company’s performance to its continued focus on its mission to accelerate access to applications and data, regardless of location and distance, to ensure the best end-user experience.
“The 2013 Deloitte Technology Fast 500 companies are exemplary cases of those spurring growth in a tough market through innovation,” said Eric Openshaw, vice chairman, Deloitte LLP and U.S. technology, media and telecommunications leader. “This year’s list is a who’s who of companies behind the most exciting and innovative products and services in the technology space. We congratulate the Fast 500 companies and look forward to what they do next.”
“The fastest growing companies in the US are drivers of constant innovation and operate with the agility to stay ahead of a quickly evolving marketplace, and software, biotech/pharma and Internet companies continue to be at the forefront,” added James Atwell, national managing partner of the Emerging Growth Company practice, Deloitte Services LP. “The companies excelling in these sectors have a startup mentality that allows them to be nimble and adapt quickly, which is why they consistently lead the list of fast-growing companies each year.”
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About Deloitte’s 2013 Technology Fast 500™
In order to be eligible for Technology Fast 500 recognition, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company’s operating revenues. Companies must have base-year operating revenues of at least $50,000 USD or CD, and current-year operating revenues of at least $5 million USD or CD. Additionally, companies must be in business for a minimum of five years, and be headquartered within North America.
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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.
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