Silver Peak Wins TiE50 Award for WAN Optimization Leadership and Innovation

SANTA CLARA, CA — Silver Peak Systems, the leader in data center class wide area network optimization, today announced it has been selected as a winner of the highly coveted TiE50 Award, which ranks the industry's top venture-backed innovation 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 technology and innovation leadership in WAN optimization, exactly 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.

Top 50 innovation leader in the software

"We are honored to be recognized as a top 50 innovation 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 clients. With our continued focus on delivering hardware-independent WAN optimization research, 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 network appliances that maximize WAN performance during minimizing WAN costs. The company's unparalleled 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 solution is a strategic enabler for large IT initiatives, including data center consolidation, data migration, disaster recovery, server centralization, and global application and desktop virtualization.