RBAK Redback Networks

Redback Networks Inc. (NASDAQ:RBAK), a leading provider of next-generation broadband networking systems, today announced that PowerCom Network Hong Kong Ltd. was a winner in this year's InfoWorld 100 Awards for its broadband over power line (BPL) deployment built on Redback's SmartEdge(R) Service Gateway. The annual InfoWorld 100 Award honors the most influential IT projects of 2005 and recognizes those projects that demonstrate the most creative use of cutting-edge technologies to further business goals. For more information about Redback's BPL rollout for PowerCom, please visit InfoWorld online at http://www.infoworld.com/3573. PowerCom selected the SmartEdge platform to deliver high-performance broadband services to Hong Kong subscribers via existing power lines. Using power lines as a distribution network along with the SmartEdge Service Gateway, PowerCom is able to achieve broadband intelligence, aggregation and management in one device. Today, PowerCom is taking advantage of the resilience, reliability, and scalability of the SmartEdge platform as subscriber numbers and bandwidth requirements grow dramatically. "We are delighted that our customer PowerCom has been honored with the InfoWorld 100 Award," said Marco Wanders, chief marketing officer at Redback Networks. "PowerCom's broadband over power line service is a truly innovative initiative and we are thrilled that the SmartEdge platform is going to support sophisticated next-generation services like IPTV and video-on-demand for subscribers in Hong Kong." PowerCom plans to offer IPTV and video on demand through their BPL network, as well as use Redback's subscriber management capabilities to provide personalized broadband services to customers who were previously unable to receive service. Redback's SmartEdge combines advanced broadband aggregation and subscriber management functionality with IP edge routing for PowerCom to enable next-generation service delivery. "IT departments continue to learn hard lessons about business realities and realistic ROI," said Eric Knorr, InfoWorld's executive editor at large. "The InfoWorld 100 provides a forum for IT managers to get the recognition they deserve for smart projects from an audience of their peers." About InfoWorld Media Group InfoWorld Media Group helps senior technologists connect technology and business strategy for maximum impact at their organizations. Through integrated channels including online, events, demand generation and a weekly print magazine, InfoWorld reaches the most influential senior-level information technologists -- those who drive their enterprises' strategies and technology purchases. Powered by a continued investment in an independent Test Center, InfoWorld analysts and editors provide both hands-on analysis and evaluation, as well as expert commentary on issues surrounding emerging technologies and products. Visit InfoWorld at http://www.infoworld.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 PowerCom's selection of the SmartEdge platform to deliver high-performance broadband services to Hong Kong subscribers via existing power lines and whether PowerCom is able to achieve broadband intelligence, aggregation and management in one device and whether PowerCom is taking advantage of the resilience, reliability, and scalability of the SmartEdge platform as subscriber numbers and bandwidth requirements grow dramatically. 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 Networks' 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.