Press Release

Redback Networks Sponsors PCM driver Alex Figge at the San Jose Grand Prix

San Jose, CA (July 27, 2007) – Pacific Coast Motorsports, competitors in the Champ Car World Series, is pleased to announce its partnership with Redback Networks Inc., an Ericsson company that makes video-centric routers for 75 percent of the world’s largest triple-play networks. Already the title sponsor of the San Jose Grand Prix track, Redback Networks will cheer on American rookie Alex Figge in this weekend’s race. His #29 DP01 will carry the striking Redback Networks livery around the Redback Raceway.
“We are honored to have the opportunity to represent a company the caliber of Redback Networks.  We appreciate their support of the San Jose Grand Prix and their support of our team.  Similar to Champ Car racing, they are the leader of cutting edge technology in their industry and we intend to make them proud this weekend.”

“The world of racing is about much more than simply speed; it’s about determination, fortitude, and an indestructible will to win,” said John Spiliotis, vice president of sales and operations for the Americas at Redback Networks. “Redback subscribes to these principles and we see this passion in Alex Figge and the PCM team.  We anticipate a great weekend of racing on the Redback Raceway and are proud to support the Canary Foundation in its mission of early cancer detection.”

The San Jose Grand Prix at Redback Raceway kicks off Friday, July 27th with practice and provisional qualifying.  Saturday features round two of Champ Car practice and final qualifying, followed by the race on Sunday at 3:00 pm (Pacific).  Tune in live to watch the race on ESPN2 at 3pm et on Sunday.  Follow Alex Figge’s weekend in the #29 Redback Networks/DP01/Cosworth/Bridgestone with live timing and scoring at www.champcarworldseries.ws.

About Redback Networks

An Ericsson company since January 2007 (NASDAQ: ERIC), Redback Networks helps manage triple-play services for 50 million subscribers and 15 of the top 20 telephone carriers worldwide.  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.   For more information, visit www.redback.com.

About Ericsson

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 http://www.ericsson.com

Redback is a registered trademark of Redback Networks Inc.

About Pacific Coast Motorsports: Formed in 2002 and based in Oxnard, California, Pacific Coast Motorsports are champions on the track and in the marketplace. The 2004 Toyota Atlantic Champions have competed in a diverse array of motorsports challenges, from open wheel to sports car racing and succeeded in every discipline.  In 2007 the challenge comes full circle as PCM makes their debut with a two-car effort in the highest level of open wheel motorsports in the United States, The Champ Car World Series. Off the track, PCM has represented some of the countries most recognizable names, from Menards to Playboy, Vonage to Uniden establishing successful, high-profile marketing platforms that deliver meaningful exposure and a quantifiable return on investment. PCM is dedicated to success in the Champ Car World Series and committed to go beyond the traditional means to deliver value and exceed the expectations of our partners.  Follow our Champ Car debut at www.PCMracing.com.


Media Contact: Katie Brannan, PCM Public Relations  Office: 775.782.7191
Karli Overmier, Barokas PR for Redback Networks, Cell: 206-949-7878