RBAK Redback Networks

Redback Networks Inc. (NASDAQ:RBAK), a leading provider of next-generation broadband networking systems, today announced a deal with eAccess of Japan to use Redback�s SmartEdge� platform to deliver multiple broadband services to its residential and business customers. eAccess plans to migrate more than 1.5 million broadband users to Redback�s SmartEdge family of multi-service edge routers from Redback�s SMS product platform. The migration is designed to facilitate eAccess� plans to deliver advanced voice, video and mobility services in the future using Redback broadband gear. eAccess delivers aDSL broadband, mobile broadband, and value-added business services such as optical access, wireless LANs and VoIP Services. �Redback has a long history in Greater Asia, deploying innovative multi-service broadband networks for advanced voice and video services,� said Simon Williams, vice president of sales and operations for Asia at Redback Networks. �Working with eAccess, one of our long-standing customers, is an excellent opportunity for Redback to demonstrate the power of multi-service networks for advanced voice, video and business services.� eAccess becomes the 12th Top 20 carrier worldwide to deploy Redback's SmartEdge family of multi-service edge routers to deliver broadband, phone, and TV services. Redback manages more than 50 million broadband connections for top 20 carriers such as British Telecom, Belgacom, BellSouth, China Telecom, China Netcom, Chunghwa Telecom (Taiwan), France Telecom, Korea Telecom and Turk Telecom, among others. About Redback Networks Redback Networks Inc. manages 50 million broadband connections for 15 of the top 20 carriers worldwide (SMS+SmartEdge). 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. 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. Note Regarding Forward Looking Statements 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. These statements include but are not limited to statements regarding our expectations, beliefs, intentions or strategies regarding the future and including, without limitation, statements regarding eAccess�s selection and expected deployment of Redback�s SmartEdge products, and the expected ability of Redback�s products to allow eAccess to deliver voice, video and mobility services to its customer base in the future. All forward-looking statements included in this document are based upon information available to us as of the date hereof, and we assume 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, including without limitation risks that could cause delays in the deployment of Redback solutions such as potential product problems or related factors. These and other risks relating to our 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 for the fiscal year ended December 31, 2005, Form 10-Q for the quarter ended June 30, 2006, Forms 8-K, and amendments thereto, and the other reports filed from time to time with the SEC. Redback Networks Inc. (NASDAQ:RBAK), a leading provider of next-generation broadband networking systems, today announced a deal with eAccess of Japan to use Redback's SmartEdge(R) platform to deliver multiple broadband services to its residential and business customers. eAccess plans to migrate more than 1.5 million broadband users to Redback's SmartEdge family of multi-service edge routers from Redback's SMS product platform. The migration is designed to facilitate eAccess' plans to deliver advanced voice, video and mobility services in the future using Redback broadband gear. eAccess delivers aDSL broadband, mobile broadband, and value-added business services such as optical access, wireless LANs and VoIP Services. "Redback has a long history in Greater Asia, deploying innovative multi-service broadband networks for advanced voice and video services," said Simon Williams, vice president of sales and operations for Asia at Redback Networks. "Working with eAccess, one of our long-standing customers, is an excellent opportunity for Redback to demonstrate the power of multi-service networks for advanced voice, video and business services." eAccess becomes the 12th Top 20 carrier worldwide to deploy Redback's SmartEdge family of multi-service edge routers to deliver broadband, phone, and TV services. Redback manages more than 50 million broadband connections for top 20 carriers such as British Telecom, Belgacom, BellSouth, China Telecom, China Netcom, Chunghwa Telecom (Taiwan), France Telecom, Korea Telecom and Turk Telecom, among others. About Redback Networks Redback Networks Inc. manages 50 million broadband connections for 15 of the top 20 carriers worldwide (SMS+SmartEdge). 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. 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. Note Regarding Forward Looking Statements 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. These statements include but are not limited to statements regarding our expectations, beliefs, intentions or strategies regarding the future and including, without limitation, statements regarding eAccess's selection and expected deployment of Redback's SmartEdge products, and the expected ability of Redback's products to allow eAccess to deliver voice, video and mobility services to its customer base in the future. All forward-looking statements included in this document are based upon information available to us as of the date hereof, and we assume 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, including without limitation risks that could cause delays in the deployment of Redback solutions such as potential product problems or related factors. These and other risks relating to our 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 for the fiscal year ended December 31, 2005, Form 10-Q for the quarter ended June 30, 2006, Forms 8-K, and amendments thereto, and the other reports filed from time to time with the SEC.