Riverhead Networks Inks Japanese Distribution Agreement

Rikei Corp., Leading Supplier of IT Technology, to Resell Riverhead Products


CUPERTINO, Calif., April 28, 2003 (PRIMEZONE) -- Riverhead Networks(TM), a leading provider of distributed denial-of-service (DDoS) solutions that ensure business continuity for ISPs, data centers and large enterprises, today announced that it has signed a distribution agreement with Rikei Corp., a leading supplier of information technology (IT) parts, components, products and systems. According to terms of the agreement, Rikei Corp. will sell and support Riverhead's DDoS detection and mitigation solutions, the Riverhead Detector(TM) and Riverhead Guard(TM), in Japan.

DDoS Attacks on the Rise

DDoS attacks, considered the Number One cybersecurity problem today, are designed to bring business to a standstill by flooding web sites with waves of malicious traffic, preventing legitimate traffic from getting through. The number of DDoS attacks continues to rise as hackers develop increasingly sophisticated methods to evade detection by disguising the sources of malicious traffic.

The Riverhead Detector and Riverhead Guard utilize sophisticated, patent-pending algorithms and technologies that identify even the most complex DDoS attacks, blocking malicious attack traffic without impacting legitimate business transactions. Based on a unique Multi-Verification Process(TM) (MVP) architecture, the Riverhead solutions apply unprecedented levels of filtering and analysis to suspicious traffic flows, identifying and removing bad packets while allowing "good" packets to pass, preserving business continuity.

"Our customers are always looking for newer, better ways to protect their businesses from malicious attacks," said Katsuei Aoyagi, president & CEO of Rikei Corp. "We studied all of the DDoS detection and protection tools and concluded that Riverhead and the MVP architecture offer the most complete, flexible and adaptable solution for protecting against all types of attacks, past, present and future. We are looking forward to working with them."

"We welcome the opportunity to partner with a recognized leader such as Rikei, who is well positioned in the service provider market in Japan," said Elad Shaviv, vice president of international sales at Riverhead. "Working together, we will address the critical need for Internet security in one of the leading broadband-connected markets."

About Rikei Corporation

Established in 1957, Rikei Corp., listed in the second section of the Tokyo Stock Exchange, is a leading supplier of information technology components, products and systems in Japan, meeting the needs of the most advanced users. Sensing the oncoming fiber-to-the-home market earlier than others, Rikei Corp. has focused on supplying optical communications equipment and devices to communications carriers in Japan.

About Riverhead Networks

Riverhead's solutions defend networks against crippling DDoS attacks, securing Internet availability. By filtering out malicious traffic, the company's security systems ensure business continuity for ISPs, hosting centers and large enterprises, maintaining network and server availability for legitimate users.

Riverhead's patent-pending Multi-Verification Process(TM) (MVP) architecture automatically blocks attack packets and forwards real customer transactions, without relying on other network devices. "Dynamic diversion" enables Riverhead to redirect only traffic flowing towards a targeted resource through the Riverhead Guard to block malicious packets, maximizing scalability and reliability benefits.

Riverhead Networks is funded by Sequoia Capital, Cisco Systems, Gemini Israel Funds, Intel Capital and Koor Venture Capital. For more information about Riverhead, visit www.riverhead.com

Riverhead Networks, Riverhead Detector, Riverhead Guard and Multi-Verification Process are trademarks of Riverhead Networks Inc. All other brand and product names are trademarks or registered trademarks of their respective holders.



            

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