RBAK Redback Networks

Redback Networks Inc. (NASDAQ:RBAK), a market leader in multi-service edge routers for next generation IP networks, today announced the appointment of Dr. Alan Lippman as chief video architect and director of technology planning. One of the fathers of streaming media, Dr. Lippman helped invent streaming audio and video products for Real Networks twelve years ago and will help develop software technologies for Redback that will allow telephone carriers to accelerate the delivery of high-bandwidth video services. �Video is the biggest game-changer in network routing today. It is also the single biggest force driving network upgrades worldwide. We�re thrilled Alan Lippman is joining our Redback team,� said Scott Marshall, senior vice president, engineering and product management at Redback Networks. �As one of the original developers of streaming media, Lippman adds a very unique set of skills to Redback, focused on the delivery of IP-based audio and video over broadband networks. Lippman is a recognized expert in managing video and audio delivery in both multicast and unicast network environments. Redback is laser-focused on accelerating video network innovation on behalf of our carrier customers.� Dr. Lippman was one of the first five employees at RealNetworks, and was one of the original creators of RealAudio and RealVideo, which have been downloaded hundreds of millions of times. He was the first member of the development team for RealAudio, and served as chief engineer and as a key developer for all major product releases for RealVideo through 2001. At RealNetworks, Dr. Lippman was the principal architect behind the real-time encoding and decoding of audio and video on the web that later became known as �streaming media.� In 2001, Dr. Lippman founded Trusted Media Networks, Inc. (TMN), a start-up focused on the delivery of high-bandwidth audio and video over any size network pipe, where he filed several patents focused on audio and video delivery. Dr. Lippman holds a BSM in Mathematics from the University of Washington, which he received at the age of 14, and graduated at 18 with a Ph.D. in Applied Mathematics from Brown University. Before working as a software developer, Lippman worked as an oceanographer, studying climate change and predicting significant weather events. At Redback, Lippman will work directly for Marshall. �Redback has a great history of Internet innovation, creating smart but simple network platforms to integrate broadband, phone and TV services for carriers,� said Dr. Lippman. �I believe the next wave of growth opportunities will introduce more innovation in the next three years than the last 30 years combined. I look forward to helping Redback improve the delivery of audio and video over wired and mobile infrastructures.� About Redback Networks Redback Networks Inc. manages 50 million broadband connections for 15 of the top 20 DSL carriers worldwide. Redback�s multi-service routing platform delivers next generation broadband services such as VoIP, IPTV, On-Demand Video, and on-line gaming. Redback Networks has more than 500 carrier customers worldwide and is based in San Jose, CA. In 2006, Redback marks its 10 year anniversary, celebrating ten years of broadband innovation. For more information, visit Redback Networks at www.redback.com.