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Revision History For: Redback Networks, Inc. (RBAK)

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Return to Redback Networks, Inc. (RBAK)
 
Redback Networks, Inc., designs, develops, and markets advanced
communications systems that solve the deployment dilemma
associated with such high-speed access technologies as Digital
Subscriber Line (DSL), cable modems, and wireless. Redback
paves the way for carriers, Multiple Service Operators (MSOs), and
Network Service Providers (NSPs) to rapidly and cost effectively
deploy high speed Internet access by bridging the operational gap
that exists today between facilities-based access equipment in the
telco Central Office (CO) or cable head-end and service provider
backbone routers.

Redback markets its products to carriers who provide wholesale
data services, and to MSOs and NSPs wanting to enhance their
data services. Key customers include carriers such as SBC, GTE,
Bell Atlantic, Bell Canada, and Ameritech. Redback also is a
strategic supplier to such Tier 1 NSPs as UUNET, EarthLink,
Concentric Networks, GTE Internetworking, Pacific Bell Internet,
Verio, and others.

Redback's Subscriber Management System (SMS) products are
intelligent networking devices designed to speed the deployment of
broadband services, to provide a scalable operational model for
managing subscribers, and to enable the creation of new
value-added service. The SMS is deployed by carriers at a Network
Access Point (NAP), by MSOs at a cable head-end, or by service
providers at a data center. The SMS accepts a high concentration
of data traffic from multiple DSL Access Multiplexers (DSLAMs),
Cable Modem Termination Systems (CMTSs), and wireless
head-ends. It then performs all of the translations necessary to
convert the traffic to IP, relieving backbone routers of heavy-duty
frame translation that can limit scalability.

Redback is privately owned and financed through venture capital
funding. Investors include Accel Partners, Mayfield Fund, and
Sequoia Capital.

Lead underwriter is Morgan Stanley Dean Witter to be priced the week
of May 17, 1999 at $12-14.

redback.com