Silver Peak Wins TiE50 Award for WAN Optimization Leadership and Innovation

Silver Peak Recognized for WAN Optimization Innovations with Cloud Computing

SANTA CLARA, Calif., May 19, 2011 Silver Peak Systems, the leader in data center class wide area network (WAN) optimization, today announced it has been selected as a winner of the highly coveted TiE50 Award, which ranks the industry’s top venture-backed technology companies.

The TiE50 program screened 1,619 high quality companies worldwide through a multi-tier screening and judging process to determine Silver Peak a winner. Silver Peak was awarded at the recent TiEcon 2011 conference for its innovation and technology leadership in WAN optimization, specifically in the area of cloud computing. TiEcon is the world's largest conference for entrepreneurs featuring rich dialogue and content from thousands of entrepreneurs, venture capitalists, industry executives, and thought leaders.

“Silver Peak was clearly ranked amongst the best of the breed by a team of 60 highly accomplished and experienced judges. These experts included globally recognized venture capitalists, CEO’s, academia, and serial entrepreneurs,” said Mr. Vish Mishra, chairman of TiEcon 2011 and president of TiE Silicon Valley. “Being recognized as a TiE50 winner is a true testament to their entrepreneurial spirit and world class caliber.”

“We are honored to be recognized as a top 50 technology leader in the software and cloud Computing category by TiEcon,” said Larry Cormier, senior vice president of marketing for Silver Peak. “Silver Peak has become the leader in data center class WAN optimization by exceeding the demands and expectations of our customers. With our continued focus on delivering hardware-independent WAN optimization technology, we are uniquely positioned to address the requirements for today’s virtual IT infrastructure and emerging cloud-based architectures.”

About Silver Peak Systems, Inc.
Silver Peak develops data center class WAN optimization appliances that maximize WAN performance while minimizing WAN costs. The company’s unique network approach to WAN optimization delivers unprecedented scalability and flexibility, enabling enterprises to rapidly move large amounts of data across long distances. Silver Peak’s WAN optimization solutions are strategic enablers for large IT initiatives, including data center consolidation, data migration, cloud computing, disaster recovery, server centralization, and hosted virtual desktops (VDI).

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