Press Release

Introducing Africa's First Next Generation Broadband Network; Uganda Telecom Deploys Redback Networks SmartEdge Network Platform

SAN JOSE, Calif., October 5, 2006 – Redback Networks Inc. (NASDAQ:RBAK), a leading provider of next-generation broadband networking systems, today announced that Uganda Telecom, the national incumbent telecommunications provider of Uganda, has deployed Redback’s SmartEdge® Multi-Service Edge Router to support broadband services for business and residential customers.

Uganda Telecom is the first African-based operator to migrate from a traditional circuit switched network to a converged IP-based network. This investment into broadband networking is expected to help Uganda Telecom deliver value-added services to its rapidly growing subscriber base.

“As we already use other Redback Networks products, the implementation of the SmartEdge 400 by Redback was a logical step to add intelligence to our next generation network,” said Michael Magambo, product development manager at Uganda Telecom.

The implementation of the SmartEdge 400 service capabilities enables Uganda Telecom to deliver traditional voice service as well as video and data over one single IP-based broadband network.

“Redback’s SmartEdge platform stands apart from other solutions because of its highly scalable and reliable architecture that offers differentiated quality of service for personalized service offerings,” said Marco Wanders, chief marketing officer at Redback Networks. “Uganda Telecom is now in the position to optimize their network operations and reduce their time to market for additional IP-based broadband services.”

About Uganda Telecom

Uganda Telecom has been privatized since 2000 and since then has grown to be Uganda’s preferred communications and information service provider. They are committed to deliver excellent services and innovative solutions accessible for everybody at affordable prices.

About Redback Networks

Redback Networks Inc. manages 40 million broadband connections for 15 of the top 20 carriers worldwide.  Redback’s multi-service routing platform delivers next generation broadband services such as high-speed Internet, VoIP, IPTV and online 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
 
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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 and beliefs regarding Uganda Telecom’s use of Redback Networks’ products, the ability of the products to optimize Uganda Telecom’s network, deliver value-added services to its subscriber base, provide time to market advantages, and provide a positive return on investment.  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 Redback’s Quarterly Report on Form 10-Q for the period ended June 30, 2006, Forms 8-K, and amendments thereto, and the other reports filed from time to time with the SEC.