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Technology Stocks : Redback Networks, Inc. (RBAK)

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To: William F. Wager, Jr. who wrote ()10/19/1999 10:36:00 AM
From: William F. Wager, Jr.   of 1956
 
FirstWorld Signs Agreement With Redback Networks to Deploy Subscriber Management Systems


SUNNYVALE, Calif.--(BUSINESS WIRE)--Oct. 19, 1999--

-Redback's Subscriber Management System 1000 Enables Rapid Deployment of DSL and Value Added Services, Facilitating FirstWorld's Aggressive

DSL Rollout-

Redback Networks, Inc. (Nasdaq:RBAK) today announced that FirstWorld Communications, Inc., a Denver-based Internet solutions and telecommunications provider, has signed a multi-million dollar agreement to deploy Redback Subscriber Management System(tm) 1000s (SMSs) throughout several of its points of presence (POPS).

The agreement enables FirstWorld to use the Redback SMS 1000 to aggregate multiple traffic streams, assisting in the rapid deployment of value-added services including virtual private networks, voice over DSL and broadband management. Currently, FirstWorld has implemented Redback's SMS 1000 in more than seven markets in six states and plans further expansion in 2000.

The Redback SMS 1000 enables FirstWorld to seamlessly integrate the Redback platform into its existing network, and addresses the company's future plans for expansion in numerous U.S. markets. In addition, the SMS 1000 ensures the highest-level quality of service to FirstWorld's small-to-medium sized business customers as well as its residential customers.

"Our aggressive expansion plans call for a solutions partner with the ability to accelerate time to market and deliver support for next-generation broadband services," said Doug Kramer, FirstWorld's senior vice president and chief technical officer. "As we expand our footprint, the Redback platform will allow us to quickly and seamlessly add new subscribers to our regional superPOPs while supporting multiple interfaces including ATM, frame relay, DS3 and OC3. In this capacity, our Redback SMSs act as a network optimization tool, helping us provide the best quality of service for our subscribers."

"The use of Redback's SMS gives innovative providers like FirstWorld a distinct competitive advantage," said Larry Blair, vice president of marketing at Redback. "FirstWorld is able to provide the highest quality service to subscribers by deploying the necessary infrastructure for rapid service delivery and future value-added services."
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