Mountain View, CA, July 12, 2006 –Silver Peak Syste6ms (www.silver-peak.com), a leading provider of scalable Wide Area Network (WAN) acceleration solutions , today announced that it has been chosen by AlwaysOn as one of the Top 100 Private Company award winners. Silver Peak was handpicked by the AlwaysOn editorial panel based on a set of five criteria - technology innovation, market potential, customer adoption, media buzz and investor value creation.
Silver Peak and the AO100 will be honored as part of the AO2006: Stanford Summit, July 25-27, at the Frances C. Arrillaga Alumni Center on the Stanford University campus in Palo Alto, California. It will bring together successful entrepreneurs, business and political thought leaders, and top venture capitalists to spot trends and spark new ideas and initiatives.
The AO100 was selected from over 1,000 companies, peer-nominated by leading venture capitalists, investment bankers and industry analysts. The AO100 consists of private companies at all stages of development, from early to late stage.
Silver Peak develops scalable acceleration appliances that enable medium and large enterprises to centralize branch office servers and storage without sacrificing application performance across the WAN. Silver Peak’s Network Memory™ technology eliminates the transfer of up to 99% of WAN traffic, enabling a WAN to operate like a Local Area Network (LAN). This facilitates application delivery across a distributed enterprise and ensures business continuity by improving data replication, backup, and recovery as well as centralizing servers and storage in branch offices.
“The AO100 companies are driving the next wave of innovative technologies that are disrupting the old guard and shaping the new media landscape,” said Tony Perkins, founder of AlwaysOn. “As ever, we were inundated with nominations from leading companies, and it’s heartening to know that tomorrow’s thought leaders and technology visionaries are already out there. My congratulations to each AO100 winner - these are the companies which we predict will have the greatest market traction, strongest innovation and most game-changing approaches this year.”
“Silver Peak continues to establish itself among enterprise customers, analysts and product reviewers as an emerging leader in the area of WAN acceleration," said Jeff Aaron, director of marketing at Silver Peak. "By flattening WAN boundaries, Silver Peak is having a profound impact on the way that distributed enterprises deploy, manage, and support business critical applications. It is gratifying that AlwaysOn acknowledges Silver Peak’s unique value proposition and the company’s potential for success in such an important area of Information Technology."
A full list of all the AO100 companies can be found on the AlwaysOn website at: http://stanfordsummit.goingon.com/permalink/post/866 .
AlwaysOn is transforming the communication business with its online blogging network; establishing it as a leader in the open media revolution. Borrowing on the underground blogging and social networking traditions, AlwaysOn ( www.alwayson-network.com ) was launched in 2003. Today, AlwaysOn’s annual Summit @ Stanford and OnHollywood events, print “blogozine” and online services encourage direct collaboration between the global thought leaders and technology insiders whose ideas and innovations are shaping the always-on world.
AlwaysOn, LLC, is a privately held and virtually headquartered company born out of the heart of Silicon Valley.
About Silver Peak Systems, Inc .
Based in Mountain View, Calif., Silver Peak enables enterprises to centralize branch office infrastructure and improve application performance across a Wide Area Network (WAN). The company pioneered Local Instance Networking (LIN), a technology that enables companies to improve disaster recovery in remote data centers and reduce “server sprawl” in regional and branch offices. The innovative technology achieves exceptional, transparent acceleration for all applications, including real-time applications such as Citrix, media, and VOIP, as well as TCP applications and file transfer services. The company was founded in 2004 and has received funding from investors like Benchmark Capital, Greylock Ventures and Duff, Ackerman and Goodrich. For more information, visit http://www.silver-peak.com/infocenter .
NOTE: Silver Peak Systems, the Silver Peak logo, Network Memory and Silver Peak NX Series are trademarks of Silver Peak Systems, Inc.