RBAK Redback Networks

Redback Networks Inc. (NASDAQ:RBAK), a leading provider of next-generation broadband networking systems, today announced that Tel.Pacific, an innovative Australian ISP, has selected the Redback SmartEdge(R) Multi-Service Edge Router for delivering next generation IP services over its next generation broadband network. Leveraging the edge routing, high availability and subscriber control capabilities of the platform, Redback enabled a Smart Broadband Network that consolidates multiple network layers and reduces network complexity, improving operational efficiency. "The SmartEdge router's integration of edge routing, Ethernet aggregation, and subscriber management capabilities helps us to build a network to deliver advanced broadband services to our growing direct customer base as well as our future wholesale customers," said Gookjin Kim, operations manager at Tel.Pacific. "By consolidating multiple network layers, we are able to control all of today's and future IP services from a single operational environment reducing our recurring expenses." The SmartEdge router provides Tel.Pacific the ability to individually control the bandwidth and the QoS of the Internet traffic of a given subscriber, resulting in a consistent and high quality user experience. The purpose built SmartEdge architecture is designed to enable Tel.Pacific to introduce new services rapidly while extending the service capabilities of its IP network by reducing the time to market for new services. "By working with the most advanced broadband carriers in the world, Redback has developed an integrated platform that helps service providers build a network that is scalable and efficient," said Simon Williams, vice president of sales and operations for the Asia and Pacific region. "We are excited to be working with innovative customers such as Tel.Pacific to deliver a solution that will enhance the broadband services and experience of the Australian consumer." About Redback Networks Redback Networks Inc., a leading provider of next-generation IP 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 SmartEdge Router family integrates edge routing, Ethernet aggregation, and subscriber management. In conjunction with the NetOp(TM) Element and Policy Manager platforms they provide a powerful, flexible infrastructure for managing both residential and business users and deploying 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, service providers and ISPs. 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. SMS and NetOp are trademarks 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 whether SmartEdge capabilities consolidates network layers, reduces complexity, improves operational efficiency, enables the introduction of new services rapidly, or extends Tel.Pacific's network service capabilities to enhance a customer's broadband service experience. 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.