RBAK Redback Networks

Redback Networks Inc. (Nasdaq:RBAK), a leading provider of next-generation broadband networking systems, today announced it has signed an agreement with specialist IT services and solutions provider Dimension Data in Germany whereby Dimension Data will offer Redback products, services and value-added software including the SmartEdge(R) Service Gateway and NetOp(TM) Policy Manager. "We are pleased to be able to announce this instrumental relationship," said Magnus Almquist, vice president of EMEA sales and operations at Redback Networks. "Dimension Data has an outstanding track record of service provider success in Germany, realized through a combination of a focused and dedicated sales team and a carrier-class support infrastructure. Dimension Data is a key factor in further expanding our recent customer successes in Germany. We look forward to a fruitful and mutually beneficial long-term relationship with Dimension Data." "The German broadband market is growing at a tremendous rate and we look to capitalize on this growth through our relationship with Redback Networks," said Jan-Willem Dees, director service providers Europe. "The products that Redback offer will enable the delivery of next generation broadband IP services, such as Triple Play. Furthermore, combined with Dimension Data's experience in delivering solutions and services, this makes for a strong market offering." About Dimension Data Dimension Data, a specialist IT services and solutions provider helps clients plan, build and support their Network and IT infrastructures. Dimension Data applies its expertise in networking, security, operating environments, storage and contact centre technologies and its unique skills in consulting, integration and managed services to create customized client services. For more information visit www.dimensiondata.com. About Redback Networks Redback Networks Inc., a leading provider of next-generation broadband networking equipment, enables carriers and service providers to build Smart Broadband Networks that can deliver simplified, personalized and portable subscriber services to consumers and businesses. The company's carrier-class, consumer-scale SmartEdge Router and Service Gateway platforms for Broadband IP combine subscriber management systems, IP edge routing and Ethernet aggregation functions. In conjunction with the NetOp(TM) Element and Policy Manager platform it provides a powerful, flexible infrastructure for managing both residential and business users offer a variety of value-added services. Founded in 1996 and headquartered in San Jose, Calif., with sales and technical support centers located worldwide, Redback Networks maintains a growing and global customer base of more than 500 carriers and service providers, including major local exchange carriers (LECs), inter-exchange carriers (IXCs), PTTs and service providers. For more information, visit Redback Networks at www.redback.com. REDBACK and SmartEdge are trademarks registered at the U.S. Patent and Trademark Office and in other countries. NetOp is a trademark of Redback Networks Inc. All other products or services mentioned are the trademark, service marks, registered trademarks or registered service marks of their respective owners. Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 The statements contained in this press release that are not purely historical are forward-looking statements within the meaning of Section 21E of the Securities and Exchange Act of 1934, as amended, including statements regarding Redback Networks' expectations, beliefs, intentions or strategies regarding the future and including, without limitation, statements regarding Dimension Data and Redback Networks' relationship with Dimension Data including but not limited to whether Dimension Data is a key factor in further expanding Redback's customer success in Germany and whether the relationship will be mutually beneficial in the long-term, whether Germany is one of the largest broadband markets in the world and whether the period ahead will contain accelerated growth.. All forward-looking statements included in this document are based upon information available to Redback Networks as of the date hereof, and Redback Networks assumes no obligation to update any such forward-looking statements. Forward-looking statements involve risks and uncertainties, which could cause actual results to differ materially from those projected. These risks and other risks relating to Redback Network's business are set forth in the documents filed by Redback Networks with the Securities and Exchange Commission (SEC), specifically the most recent report on Form 10-K, Form 10-Q, Form 8-K, Redback's Registration Statement on Form S-3 (File No. 333-114352), and amendments thereto, and the other reports filed from time to time with the SEC.