More good news for RBAK.
Relay Point Selects Redbacks' Subscriber Management System for Deployment of Broadband Services SUNNYVALE, Calif.--(BUSINESS WIRE)--Feb. 22, 2000-- Los Angeles-Based Service Provider to Enter Nation's Largest Markets by March 2000 Redback Networks, Inc., (Nasdaq:RBAK) today announced that Relay Point is using its Subscriber Management System(TM) (SMS) for the deployment of digital subscriber line (DSL) services for residential and commercial customers. Deployment is scheduled to launch by March 2000 in four of the largest United States markets: New York City, San Francisco, Seattle and San Diego. Today, Relay Point is one of the largest wholesale providers of DSL access in the nation. Relay Point is using Redback's SMS as a turn key solution for DSL subscriber management, as well as for switching Layer 2 circuits to larger customers. As the company is planning to rapidly expand its broadband initiative nationwide, it is leveraging the SMS' ability to easily provision subscribers and deploy new services. In addition to broadband access, Relay Point is planning to leverage the Redback SMS' unique ability to securely deliver premium content to its DSL subscribers via co-locating servers with its SMSes. "Redback's platform scales to thousands and thousands of subscribers," said Douglas DeStafeno, president and CEO of Relay Point. "We have tested other subscriber management products and had performance issues after only 800 subscribers. With the explosive growth of DSL, particularly in large metropolitan areas, we need a technology partner that delivers carrier-class, scalable subscriber management solutions." "Service providers with an eye to the future know that a network must have the ability to scale as the demand for broadband access and IP services grows," said Larry Blair, vice president of marketing at Redback. "Relay Point is rapidly moving towards a nationwide deployment of service, and the Redback SMS gives them the ability to meet this important window for expansion." About Relay Point Inc. Founded in 1996, Relay Point Inc is headquartered in Hollywood, Calif. It is a rapidly growing developer and supplier of Internet access. The company focuses on partnering programs to provide dial up and digital subscriber line access nationwide. The company purchases full transiting connectivity from each of its providers and has full access to the complete peering relationships with each provider. This combination of broadband transit and multiple private peering relationships creates a unique network functionality that allows Relay Point to deliver the best Internet services and solutions in the market today. About Redback Networks, Inc. Founded in 1996 and headquartered in Sunnyvale, Redback Networks, Inc., is a leading provider of advanced networking solutions that enable carriers, cable multiple system operators (MSOs), and service providers to rapidly deploy broadband access to the Internet and corporate networks. The company's Subscriber Management Systems (SMS) connect and manage large numbers of subscribers using any of the major broadband access technologies such as Digital Subscriber Line (DSL), cable, and wireless. In November 1999, Redback Networks signed a definitive agreement to merge with Siara Systems -- a leading developer of metro area optical networking equipment -- creating the first equipment supplier focused exclusively on developing integrated solutions for the New Access Network. Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 The statements contained in this press release that are not purely historical are forward-looking statements within the meaning of Section 21E of the Securities and Exchange Act of 1934, as amended, including statements regarding Redback Networks' expectations, beliefs, intentions or strategies regarding the future. Forward-looking statements include statements regarding future sales and future product development. All forward-looking statements included in this document are based upon information available to Redback Networks as of the date hereof, and Redback Networks assumes no obligation to update any such forward-looking statements. Forward-looking statements involve risks and uncertainties, which could cause actual results to differ materially from those projected. These and other risks relating to Redback Networks' business are set forth in the documents filed by Redback Networks with the Securities and Exchange Commission, specifically the most recent report on Form 10-Q, and the other reports filed from time to time with the Securities and Exchange Commission. Note to Editors: Redback and the Subscriber Management System are trademarks of Redback Networks, Inc. Other trademarks, service marks, and trade names belong to their respective owners. --30--rl/sf* sdf/sf CONTACT: Redback Networks Mark Weiner, 408/543-2100 markredback.com or Gallagher PR Lucy Suros, 510/749-6800, ext. 222 lucygpr.com Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: businesswire.com (c) 1998 Business Wire
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