RBAK Redback Networks

Redback Networks Inc. (NASDAQ:RBAK), a leading provider of next-generation broadband networking systems, today announced that Germany's largest wholesale provider of DSL services has selected Redback's SmartEdge(R) Service Gateway platform to upgrade and extend their wholesale DSL service. Redback is working through a local reseller to implement the solution. Faced with increasing demand for further capacity in the network, Telefonica Germany sought to enhance both its network and competitive position with a highly scalable and reliable broadband platform. The Redback SmartEdge Service Gateway systems, equipped with high capacity interfaces, are being deployed throughout the Telefonica Germany broadband network to perform the switching of subscriber initiated broadband sessions to various resale ISPs. "The SmartEdge Service Gateway systems from Redback provide the scalability and flexibility we demand with the higher order network interfaces necessary to increase the capacity within our network," said Patrick Heinzberger, director access at Telefonica Germany. "As a leading broadband wholesale provider in a competitive market, we have to offer the highest levels of availability and performance at the lowest possible cost structure." "We are pleased to be an integral part of Telefonica Germany's plans to create a new pan-German, higher capacity and high availability broadband infrastructure," said Magnus Almquist, vice president of sales and operations for Europe, Middle East and Africa for Redback Networks. "Telefonica Germany has already achieved an enviable position in the German broadband market place and we look forward to helping them accelerate their growth in one of Europe's leading markets." The Redback SmartEdge Service Gateway systems deliver the strength of Redback's subscriber management capabilities with the SmartEdge platform's purpose-built hardware and software to provide subscriber management with dynamic policy enforcement, carrier-class IP routing, ATM mediation, MPLS VPNs, multicast and advanced video capabilities, including multicast, and high performance Quality of Service (QoS). 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 Network's expectations, beliefs, intentions or strategies regarding the future and including, without limitation, statements regarding Telefonica Germany's deployment to the SmartEdge Service Gateway platform and the platform's ability to provide highly scalable, flexible and reliable broadband services and whether Redback Networks can help Telefonica Germany accelerate their 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, and amendments thereto, and the other reports filed from time to time with the SEC.