Press Release

Redback Networks Wins VON Magazine Innovator Award

VON Magazine Recognizes Redback’s SmartEdge 1200 for Unique Ability to Deliver Triple Play Services Across Fixed and Mobile Networks

San Jose, Calif - March 5, 2008 – Redback Networks Inc., an Ericsson company (NASDAQ: ERIC), today announced it has received a 2008 VON Magazine Innovator Award, the foremost listing of innovative companies that represent the future of the Internet Communications industry.

The SmartEdge® 1200 has been recognized as the only all-in-one edge routing platform enabling carriers to efficiently deliver revenue generating triple-play broadband services along with facilitating an all-IP network that connects both fixed and mobile networks.

“The VON Magazine Innovator Awards recognize the Internet Communications industry’s best and brightest companies, and we’re excited to include Redback Networks as an inaugural winner,” said Bill Sell, Publisher, VON Media Group.  “Redback Networks should take pride in their accomplishments, because the selection committee unanimously felt as though Redback stood apart from the large field of companies that participated in the nomination process.”  
 
“Industry leading publications and customers alike are recognizing that Redback and Ericsson are at the forefront of network communications,” said Georges Antoun, CEO of Redback Networks. “By creating All-IP fixed and mobile networks, Redback has risen to the demand of its customers, providing all of these innovations within one piece of equipment and delivering superior quality at even greater cost savings.”

About the VON Magazine Innovator Awards
Building on the legacy of the Pulver 100, the VON Innovator Awards have evolved to recognize all companies – start-ups to publicly-traded companies - which represent the future of Internet Communications.  Each participating company completed a lengthy and comprehensive nomination process, and the recipients have been selected from a committee made up of VON Magazine editors, columnists, and contributors, as well as the leading content producer for the VON.x conferences.  The Inaugural VON Magazine Innovator Award winners will be honored at Spring VON.x at 6:00 PM Pacific time on March 18th in the VON Theatre in San Jose.  For additional information, please visit: http://vonmag.com/innovators/.
 
CONTACT:
Pulvermedia/VON Magazine
Todd Keefe
617-262-1968 x 100
todd@pulvermedia.com

About Redback Networks
An Ericsson company since January 2007 (NASDAQ: ERIC), Redback Networks Inc. manages 63 million broadband subscribers for 75 percent 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.

CONTACT:
Redback Networks
Doug Wills (Media & Analysts)
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.