Mountain View, Calif., April 5, 2006 – Red Herring announced that Silver Peak Systems has been short-listed as one of the top 200 contenders for its annual “Red Herring 100 North America” list. Well over 1,000 privately held technology companies submitted to this year’s edition of the prestigious award, giving evidence to the invigorated innovative and entrepreneurial strength of the technology ecosystem. Silver Peak was chosen as a finalist by the editors of Red Herring for its innovative approach to network acceleration, which enables distributed enterprises to centralize all remote office servers and storage while maintaining local application performance over a Wide Area Network (WAN).
The “Red Herring 100 North America” award is an important part of Red Herring’s tradition of recognizing new and innovative technology firms and their entrepreneurial founders. Silver Peak Systems and the other nominees were rigidly evaluated on both quantitative and qualitative criteria such as financial performance, technology innovation, quality of management, execution of strategy, and integration into their ecosystem. This unique assessment of potential complemented by a review of the actual track record and standing of a company allows Red Herring to see past the “buzz” and make the list an invaluable instrument for discovering and advocating the greatest business opportunities in the industry.
“We can see the resurgence of the tech sector reflected in the quantity and variety of excellent companies that we had to chose from in putting our list together,” said Joel Dreyfuss, Editor-in-Chief of Red Herring. “It was difficult to choose the 200 finalists and we are very happy with the stellar quality of the companies on this short-list.”
Reaching New Heights
Silver Peak NX appliances are equipped with Network Memory™, an innovation that speeds application performance by eliminating the transfer of up to 99% of duplicate information across the WAN. By delivering LAN-like performance over the WAN, Silver Peak appliances enable enterprises to reap the cost, management, security, and compliance benefits of server centralization, without suffering the ill-effects of WAN-induced application performance degradation. Silver Peak appliances are unique in their ability to improve the performance and user experience for all business critical enterprise traffic, such as data center backup, file services, collaboration, Voice over IP (VoIP), streaming video, and Citrix.
Silver Peak’s NX appliances also deliver the following business benefits for improved performance and application usability over a Wide Area Network:
- Superior scalability. An advanced 64-bit architecture delivers up to 155 Mbps of WAN throughput and 2 Terabytes of Network Memory to accelerate traffic in the largest data centers. This is more than 3 times the throughput and scalability of alternative products.
- Silver Peak’s Forward Error Correction (FEC) reduces service disruption during periods when the WAN is subject to high packet loss.
- Prioritization and network bandwidth assurance for sensitive business critical applications like VoIP and Citrix.
- Enhanced data security. All products use advanced hardware encryption to secure traffic over the network as well as locally stored data.
"Silver Peak is establishing itself among enterprise customers and industry analysts as a recognized leader in the area of network acceleration," said Rick Tinsley, CEO at Silver Peak. "Silver Peak is the only company to employ advanced acceleration techniques across all enterprise applications in a secure and scalable fashion. In doing so, Silver Peak has made network acceleration strategic to the delivery of enterprise applications."
Bringing Together the Best
As part of this tradition to honor innovation and entrepreneurship in the business of technology, Red Herring will again host “Red Herring Spring,” a two day invitation-only summit for the CEOs and founders of the Red Herring 100 winners and finalists in Monterey, California. The summit’s C-level attendees will convene under the theme “The Pursuit of Disruption” to discuss major trends and opportunities and to explore partnerships, alliances, investments, and M&A activities. Further information regarding the event and how to register is available at http://www.herringevents.com/rhspring06.
About Silver Peak Systems, Inc.
Silver Peak enables enterprises to centralize branch office infrastructure and improve application performance across a Wide Area Network. The company pioneered Local Instance Networking, a technology that reduces “server sprawl” and achieves exceptional acceleration for all applications, including bulk TCP applications, file transfer services, real-time applications like Citrix, media applications and Voice over IP (VoIP).
Silver Peak is headquartered in Mountain View, Calif. For more information, visit http://www.silver-peak.com.
NOTE: Silver Peak Systems, the Silver Peak logo, Silver Peak Network Memory and Silver Peak NX-Series are trademarks of Silver Peak Systems, Inc.
About Red Herring
Red Herring is a sophisticated insider’s guide to the business of technology, featuring unparalleled insights on the emerging technologies driving the economy, from the Internet to wireless communications and digital entertainment. Red Herring reports on how innovation and entrepreneurship are transforming business and how the business of technology is transforming the world, providing readers with a deep understanding of venture capital and capital markets. Recognized as an essential resource in today’s fast-changing business world, Red Herring gets the right answers before anyone else even thinks to ask the questions. More information on Red Herring is available on the Internet at www.redherring.com.