News for 'RBAK' -
(Heavy Reading Ranks Redback Networks #1 in New Broadband Edge Report; Analyst Ranking Places Redback at Top in ''IP Video and the New Broadband Edge'' Report)
SAN JOSE, Calif., Dec 06, 2005 (BUSINESS WIRE) -- Redback Networks Inc.
(Nasdaq:RBAK), a leading provider of next-generation broadband networking
systems, today announced that Heavy Reading has ranked Redback Networks as the
leading vendor in their published report entitled, "IP Video and the New
Broadband Edge." Heavy Reading analysts compared 11 primary equipment providers
in the broadband edge market segment and evaluated their rankings based on a
list of 19 in-depth metrics.
"As the telecom industry continues to evolve, service providers are being
pressed to build out their broadband network architectures to move beyond simple
connectivity, to bundling and integrating entertainment and communication
services," said Rick Thompson, Heavy Reading senior analyst. "Redback's top
vendor ranking reflects product excellence in specific key areas needed by
carriers to deliver next-generation services such as IPTV and VoIP over the new
broadband edge."
Heavy Reading's "IP Video and the New Broadband Edge" report assesses the impact
that residential triple-play services, and to some extent business services,
will have on telecom service provider broadband edge network architectures and
the infrastructure vendors that supply them. Executives from major edge
infrastructure vendors were interviewed to assess their current dedication to
product development and other issues surrounding next-generation broadband edge
networking.
"We are pleased that the Heavy Reading staff of analysts has selected Redback as
the leading vendor in the broadband edge market," said Marco Wanders, chief
marketing officer, Redback Networks. "Our dedication to innovation with our
proven SmartEdge(R) Service Gateway allows us to offer a best-of-breed solution
that enables our customers to differentiate themselves in a competitive
telecommunications landscape."
For information about obtaining Heavy Reading's "IP Video and the New Broadband
Edge" report, please contact sales@heavyreading.com. Heavy Reading's parent
company is Light Reading -- the largest telecommunications news organization in
the world.
About SmartEdge Product Family
Redback's SmartEdge family of products is designed to deliver advanced IP
services and personalize IP broadband through subscriber management with a high
degree of availability, scalability, and flexibility. In either edge aggregation
or subscriber management applications, the SmartEdge platform helps carriers
optimize initial capital expenditures, service provisioning and management, as
well as ongoing operational costs associated with delivering services.
The SmartEdge platform is available as an Ethernet aggregator, edge router or
Service Gateway. The SmartEdge Service Gateway combines the functionality of
carrier class ethernet aggregation, edge routing and advanced subscriber
management to enable service providers to simplify its IP broadband aggregation
network. By creating a single service control point, the SmartEdge Service
Gateway helps service providers to deliver current and future IP broadband
services in a granular and personalized fashion. As a router, the SmartEdge
platform is a third-generation edge router for the aggregation of leased lines,
ATM and Frame Relay and the delivery of MPLS VPN services.
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 are personalized, adaptive and efficient. The Smart
Broadband Network enables advanced IP based subscriber services to consumers,
businesses and wholesale customers. The company's carrier-class, consumer-scale
SmartEdge product family combines advanced subscriber management, carrier-class
IP edge routing and highly scalable Ethernet aggregation functions. In
conjunction with the NetOp(TM) Element and Policy Manager platforms the
SmartEdge family provides a powerful and flexible infrastructure solution that
enables delivery of next-generation Broadband IP 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 Network's expectations, beliefs, intentions or strategies regarding the
future and including, without limitation, statements regarding Heavy Reading's
comparison of 11 primary equipment providers in the broadband edge market
segment and evaluating their rankings based on a list of 19 in-depth metrics and
whether Heavy Reading's report stating Redback's top vendor ranking reflects
product excellence in specific key areas needed by carriers to deliver
next-generation services such as IPTV and VoIP over the new broadband edge. 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 Networks Inc.Investor Relations, 408-750-5505investor_relations@redback.comorMerritt GroupMelissa Chadwick, 703-390-1539 (Media)chadwick@merrittgrp.com
