RBAK Redback Networks

Redback Networks Inc. (NASDAQ:RBAK), a leading provider of next-generation broadband networking systems, today announced that Kazakhtelecom, the incumbent fixed-line operator in Kazakhstan, has deployed Redback's SmartEdge(R) Multi-Service Edge Routers to expand network capacity to deliver business and residential services on a converged IP network. Due to the rapid adoption of its broadband services, Kazakhtelecom is expanding the capacity and increasing the scalability of their network. The majority of Kazakhtelecom's current customers are businesses. However, with the increase in the adoption of consumer broadband services, the company needed to expand capacity and scalability. The upgraded network is designed to offer residential broadband as well as business services such as ATM, leased line, and Ethernet services. MPLS virtual private networks as well as other value-added services are also expected to be offered over the same network. "Kazakhstan has a burgeoning economy with a focus on high-tech and next-generation telecommunications services," said Dr. Ray Mota, chief strategist of Synergy Research Group. "Our research shows that Redback's SmartEdge family of multi-service edge routers is differentiated by its ability to consolidate multiple IP services onto a single network," he continues. "With over 150 service provider customers today, the SmartEdge router has proven to be flexible, scalable and reliable, enabling service providers to lay the foundation for rapid and cost-effective delivery of next-generation business and consumer services, including IPTV, on-line gaming, virtual private networks and Voice over IP." Redback's SmartEdge family of multi-service edge routers provides carrier-class routing as well as advanced subscriber management, creating a converged IP network that simplifies overall network operations and traffic control for Kazakhtelecom. Kazakhtelecom also expects to take advantage of the SmartEdge routers' hierarchical quality of service (QoS) capabilities to offer multiple levels of services to its corporate clients and deploy new next-generation broadband services to residential customers in the future. "With the power of our SmartEdge platform, we are enabling service providers like Kazakhtelecom to deliver high-speed, high-performance IP-based broadband services to customers who are demanding next-generation entertainment and communications," said Magnus Almquist, vice president of sales and operations for EMEA at Redback. "As Kazakhtelecom is already providing most of the residential telephony services in Kazakhstan, the SmartEdge deployment should help them converge their multiple networks and simplify operations." About Redback Networks Redback Networks Inc., a leading provider of next-generation broadband networking systems enables carriers and service providers to build Smart Broadband Networks that are personalized, adaptive and efficient. The Smart Broadband Network provides advanced IP based services to consumers, businesses and wholesale customers. The company's carrier-class, scalable SmartEdge product family integrates carrier-class edge routing, advanced subscriber management and high density 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 IP services over broadband connections. 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. SMS and NetOp are trademarks 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 Kazakhtelecom's expected use of the SmartEdge products and the anticipated benefits to Kazakhtelecom, including whether the upgraded network simplifies operations or expands the capacity and scalability of Kazakhtelecom's network and enables the delivery of services over a converged IP network with multiple levels of quality of service. 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.