RBAK News Out This Morning:
SAN JOSE, Calif., Oct 18, 2005 (BUSINESS WIRE) -- Redback Networks Inc.
(NASDAQ:RBAK), a leading provider of next-generation broadband networking
systems, today announced that the company's SmartEdge(R) Service Gateway
platform has been chosen by Completel (Euronext Paris: CPT), a leading
alternative business carrier in France, for the large-scale expansion of its
national network.
Completel provides telecommunications services to medium and large corporations,
public institutions, carriers and ISPs. Completel is significantly enlarging its
addressable market through the deployment of a national fiber backbone to expand
its footprint from 9 to 80 metropolitan areas in France, while also leveraging
the opportunity arising from local loop unbundling.
Redback's SmartEdge Service Gateway system will be deployed to perform key
functions within the new Completel infrastructure. The SmartEdge platform will
support Metro Ethernet aggregation of customer traffic generated from DSLAM
(Digital Subscriber Line Access Multiplexer) deployments via high density
Gigabit Ethernet links. In addition, the SmartEdge platform will serve as the
edge routers supporting Layer 3 IP VPN and VoIP services.
"Our network extension will allow us to control our fiber and DSL networks from
end-to-end. Therefore, we will continue to serve our customers with a suite of
innovative IP and Ethernet based services," said Jean Marie Le Monze, CTO of
Completel. "Following our rigorous selection process, we selected the Redback
SmartEdge Service Gateway for Ethernet scalability, reliability, and flexibility
to provide personalized broadband services."
"The carrier class Ethernet aggregation implementation of the SmartEdge Service
Gateway enables Completel to define new differentiating service offerings onto
its local fiber access network," said Magnus Almquist, Redback's vice president
of sales and operations in the Europe, Middle-East and Africa region. "Redback
is pleased to be working closely with Completel on such a significant project."
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,
consumer-scale SmartEdge Router and Service Gateway platforms combine subscriber
management, IP edge routing and ethernet aggregation functions. 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. 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 Completel
enlarging its addressable market through the deployment of a national fiber
backbone to expand its footprint to 80 metropolitan areas in France, while also
leveraging the opportunity arising from local loop unbundling, including the
deployment of the SmartEdge Service Gateway platform to perform key functions
within the new Completel infrastructure, such as supporting Metro Ethernet
aggregation of customer traffic generated from DSLAM (Digital Subscriber Line
Access Multiplexer) deployments via high density Gigabit Ethernet, serving as
the edge routers supporting Layer 3 IP VPN and VoIP services, and controlling
Completel's fiber and DSL deployments end to end. 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.
SOURCE: Redback Networks Inc.
CONTACT: Redback NetworksInvestor Relations, 408-750-5505investor_relations@redback.comorMerritt GroupMelissa Chadwick, 703-390-1539 (Media)chadwick@merrittgrp.com
