Replies to post #1057 on Redback Networks, Inc. (RBAK)

[PowerPole]

Invitation to Ericsson Press and Analyst Conferences:

Last Update: 7:19 PM ET Dec 19, 2006

STOCKHOLM, SWEDEN, Dec 19, 2006 (MARKET WIRE via COMTEX) -- Ericsson (ERIC) and Redback Networks Inc. (RBAK) have today announced that they have signed a definitive agreement under which Ericsson will acquire Redback for USD 25.00 per share, or an aggregate price of approximately USD 1.9 billion. The offer represents a premium of 60 percent to Redback's [90-day] volume weighted average stock price.

PRESS CONFERENCE AND LIVE WEBCAST:

The press conference will begin at 9am CET (8am UK time, 3am EST and 5pm local time Japan) at Ericsson headquarters, Torshamnsgatan 23, Kista, Sweden. Ericsson President and CEO Carl-Henric Svanberg will comment on the announcement and take questions.

A live webcast of the press conference will be available on the internet at

www.ericsson.com/investors

and

www.ericsson.com/press

CONFERENCE CALL FOR ANALYSTS, INVESTORS AND MEDIA:

The conference call for financial analysts, investors and media will begin at 3pm CET (2pm UK time, 9am EST and 11pm local time Japan). Svanberg will comment on the announcement and take questions. Please call in at least 15 minutes before the conference call begins. Because there is usually a large number of callers, it might take some time before you are connected.

A live audio webcast of the conference call will be available on the internet at www.ericsson.com/investors and www.ericsson.com/press.

The call-in numbers for the conference call are: Sweden: [phone] UK & Europe: [phone] U.S. & International: [phone]

REPLAY:

A replay of the conference call will be available from about two hours after the completion of the conference call and will be available until December 22, 6pm CET.

Sweden: [phone] UK & European replay number: [phone] U.S. replay number: [phone] Replay access code: 9817420#

An on-demand audio webcast of the press conference and the conference call will be available on the internet at www.ericsson.com/investors and www.ericsson.com/press during the day. Ericsson is shaping the future of Mobile and Broadband Internet communications through its continuous technology leadership. Providing innovative solutions in more than 140 countries, Ericsson is helping to create the most powerful communication companies in the world.

Read more at www.ericsson.com

Copyright Copyright Hugin ASA 2006. All rights reserved.

FOR FURTHER INFORMATION, PLEASE CONTACT Ericsson Media Relations Phone: [phone] E-mail: Contact via http://www.marketwire.com/mw/emailprcntct?id=FC1A615AAF5AB154 Ericsson Investor Relations Phone: [phone] E-mail: Contact via http://www.marketwire.com/mw/emailprcntct?id=7D67925941378BA5 Investor Relations, North America Phone: [phone] E-mail: Contact via http://www.marketwire.com/mw/emailprcntct?id=A3AA21B77216093B
SOURCE: Ericsson
Copyright 2006 Market Wire, All rights reserved.

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