INDUSTRY

SANTA CLARA, CA -- Peribit Networks, the global leader in bandwidth creation products, today announced the next generation of its Molecular Sequence Reduction (MSR) technology. MSR is Peribit's groundbreaking DNA sequencing based technology that provides instant, wide area network (WAN) capacity gains of up to ten times by eliminating transmission of repeated data patterns over the WAN. With this latest version of MSR, Peribit can now also prioritize traffic by application through the network. In addition, the company has increased reduction rates on all traffic, and significantly on voice over IP (VoIP). The company also announced a new Gigabit Ethernet product, the SR-55 Sequence Reducer. For the first time, one product can instantly increase WAN capacity for a wide range of network applications and protocols while supporting or setting traffic priorities. Peribit has added new bandwidth management features that give customers the essential QoS capabilities they need to both instantly create and prioritize WAN bandwidth for their mission-critical applications. "Since launching last August we've installed product in over 100 companies. Our customers tell us they love the fact that we boost their network's performance and enable them to run more applications over the WAN. Additionally, they've asked for similar high reduction on their VoIP traffic and to prioritize all of their traffic through the network," said Jef Graham, Peribit Networks' president and CEO. "We've responded by adding up to 50% reduction on VoIP and extensive QoS support. Certainly, anyone planning to deploy VoIP across their WAN must now seriously consider Peribit as part of the solution". Instant Bandwidth and Essential QoS Together For the First Time Peribit's Sequence Reducers are now the only products that give IT managers the choice of preserving and honoring QoS settings already established elsewhere in the network, or letting the Sequence Reducer automatically set essential QoS priorities for various traffic flows. With either option, the product ensures that traffic priorities are retained across the network. For networks that already include other QoS solutions such as TCP rate shaping, Peribit's products seamlessly and transparently complement those solutions. "I've been using Peribit's products for the past six months to greatly increase my network's WAN capacity," said Patrick Wilson, director of IT for Finisar Corporation. "Peribit increased my network capacity by four times and the new features gave me the core QoS control and benefits I needed. I'll continue to buy Peribit products for all of my U.S. and international links as my network grows." More Bandwidth "Lanes" and Rapid ROI With this latest version of product, Peribit continues its tradition of delivering dramatic network capacity gains of up to ten times by reducing as much as 90% of the data flowing over costly WAN links. As a result, many Peribit customers have realized immediate decreases in WAN expenses while increasing overall network throughput. Others have also avoided future network buildout. For example, Finisar Corporation was planning to upgrade a 512 Kbps link to Malaysia at a cost of $18,000 per month. By installing a Peribit SR product, they were able to avoid this significant expenditure and secure a hard dollar payback in under three months. "In spite of the recent economic downturn, the corporate appetite for increased WAN bandwidth continues to be insatiable," said Fred McClimans, Managing Director of The Aurelian Group. "However, availability and provisioning are frequently difficult, costly, and slow. And it won't get easier as economic conditions and market consolidation continue to decrease the number of bandwidth suppliers. We expect all of these factors to push WAN bandwidth prices upward. Then factor in data center consolidation, increased disaster recovery and security efforts, enterprise application deployments, and the overall drive for WAN cost control, and you have a convergence of factors that make Peribit's MSR approach ideal. The company's growing customer base validates their strategy." New Entry-Level Pricing and Availability Peribit's newest product, the SR-55 Sequence Reducer, offers two Gigabit Ethernet interfaces. It will begin shipping next month. The new MSR features are shipping now on Peribit's existing SR-50 product and will also ship with the new SR-55. Both products are priced according to the configuration and needs of each enterprise network. Pricing now begins at $6,000 per unit.