Elliott Comments on Riverbed's Release

NEW YORK--(BUSINESS WIRE)--

Elliott Management Corporation (“Elliott”) today commented on Riverbed Technology's RVBD announcement of preliminary earnings and other actions:

“We commend the Board for initiating a strategic review and believe that Riverbed is a great company with products customers value,” said Jesse Cohn, portfolio manager at Elliott Management. “We have made a $21 bid for the company, and our team and advisors look forward to completing our confirmatory diligence in an expedited fashion.”

Cautionary Statement Regarding Forward-Looking Statements

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About Elliott Management Corporation

Elliott Management Corporation manages two multi-strategy hedge funds which combined have more than $25 billion of assets under management. Its flagship fund, Elliott Associates, L.P., was founded in 1977, making it one of the oldest hedge funds under continuous management. The Elliott funds' investors include pension plans, sovereign wealth funds, endowments, foundations, funds-of-funds, high net worth individuals and families, and employees of the firm.