Press Release

Redback Networks and Ericsson Announce 43 Carrier Deals in 30 Countries

Two Joint Wins are with Top 20 Fixed Operators; Three Other Wins are with Top 10 Mobile Carriers

San Jose, Calif., October 8, 2007 – Redback Networks Inc., an Ericsson company that makes video-centric routers for 75 percent of the world’s largest triple-play networks, today announced 43 carrier deals with Ericsson in 30 countries, including two top 20 wins with wire-line carriers and three top 10 wins with mobile carriers.

Redback and Ericsson have won joint deals with fixed and mobile carriers in Armenia, Brazil, Colombia, China (including Hong Kong), the Czech Republic, Ecuador, El Salvador, Estonia, Germany, Guatemala, Honduras, Hungary, Ireland, Italy, India, Lebanon, Morocco, the Netherlands, New Zealand, Paraguay, the Philippines, Romania, Russia, South Africa, Singapore, Spain, Sweden, Turkey, the United Kingdom, and the United States.  Since Redback was acquired in January 2007, two of the joint deals are with top 20 fixed operators; three other wins are with top 10 mobile operators.

“Video and mobility are driving a $9.8 billion upgrade market,” said Kevin DeNuccio, president of Redback Networks. “This represents the largest router market since the Internet was invented.  A bigger opportunity ahead will be the unification of fixed and mobile communications over an Internet-based infrastructure.  This is what separates Redback and Ericsson from other network vendors. We will unify residential, business and mobile networks.”

Ericsson is the #1 market leader in telecom infrastructure. Ericsson can deliver end-to-end solutions for fixed and mobile operators in IMS (IP Multimedia Subsystem), soft-switching, optical transport and broadband access. Redback’s intelligent routing technology will be at the center of most of these end-to-end solutions.

Redback has now deployed SmartEdge® routers for 16 of the top 20 telephone companies worldwide. Other top carriers deploying SmartEdge for triple-play services include AT&T, British Telecom, China Telecom, China Netcom, ChungHwa Telecom (Taiwan), eAccess (Japan), France Telecom, Korea Telecom, Telefonica, and Turk Telecom, among the more than 200 carriers worldwide.

Redback routers manage data, voice and video services for 75+ percent of the world’s largest telephone companies. More than 40 percent of Redback routers also provide business services for Top 20 carriers.  Typical network applications managed by SmartEdge routers include broadband access (such as high-speed internet services), edge routing (such as VoIP and VPN services) and Ethernet aggregation (such as IPTV and other video services).

About Redback Networks
An Ericsson company since January 2007 (NASDAQ: ERIC), Redback Networks Inc. manages 63 million broadband subscribers for 16 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 Redback Networks at www.redback.com.

Doug Wills (Media & Analysts)
Redback Networks
408-750-5038
dwills@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
FOR FURTHER INFORMATION, PLEASE CONTACT
Ericsson Media Relations
Phone: +46 8 719 6992
E-mail: press.relations@ericsson.com

Note: Redback and SmartEdge are registered trademarks of Redback Networks Inc.