| | Redback Networks' SmartEdge Platform Extends Williams Communications' Reach Multi-Year, Multi-Million Dollar Agreement With Redback Enables Williams to Scale Long Haul Transport and Metro Networks and More Rapidly Provision Customers
SUNNYVALE, Calif., Jan 29, 2001 (BUSINESS WIRE) -- Redback Networks (Nasdaq: RBAK chart, msgs), a leading provider of advanced networking solutions, today announced that Williams Communications (NYSE: WCG chart, msgs) will be deploying the Redback(R) SmartEdge(TM) 800 multi-service optical platform in its fiber optic networks nationwide. The multi-year, multi-million dollar agreement with Redback allows Williams Communications to extend its leadership role by enabling it to increase the scalability and reduce the provisioning requirements in both its long haul and metro transport networks. The SmartEdge will be deployed in Williams Communications' markets throughout the United States.
"Our mission is to simplify the management and deployment of new broadband services that are defining the future of communications," said Jeff Storey, senior vice president and chief operations officer of Williams Communications' network unit. "Redback's SmartEdge will enable Williams to dramatically reduce our provisioning, management and delivery costs for both SONET private line and emerging IP-based services."
The SmartEdge is a powerful multi-service optical platform that provides significant advantages in system density and provisioning. For improving the economics and operations of existing SONET/SDH networks, the SmartEdge delivers up to six times more port density than traditional systems, thus enabling carriers and service providers to rapidly expand while minimizing space and power requirements. Paired with the NetOp(TM) management system, the SmartEdge also offers major advantages and operational savings through greatly simplified service provisioning. As leading carriers and providers migrate from traditional TDM transport to IP-based services, the SmartEdge also provides the ideal platform to support both existing TDM and new IP services.
"In today's competitive marketplace, carriers like Williams Communications need to harness truly leading-edge technology to support the ever-growing transport and service needs of their expanding customer bases," said Larry Blair, vice president of marketing at Redback Networks. "While today's networks are largely built on older, traditional optical equipment, service providers and carriers are finding that deploying state-of-the-art technology, such as the SmartEdge, is essential to effectively competing in the market. As we continue to see, demand for data services is rising steadily and migration is towards more IP-based services."
About Redback Networks, Inc.
Founded in 1996 and headquartered in San Jose, Calif., Redback Networks Inc., is a leading provider of advanced networking solutions that enable carriers, cable operators, and service providers to rapidly deploy broadband access and services. The market-leading Redback(R) SMS(TM) subscriber management systems, connect and manage large numbers of subscribers using any of the major broadband access technologies such as Digital Subscriber Line, cable, and wireless. To deliver integrated transport solutions for metropolitan optical networks, the Redback SmartEdge(TM) multi-service optical platforms leverage powerful advances in application-specific integrated circuit, IP, and optical technology. The Redback service management family of products allows service providers to easily publish, activate and manage IP services and allows their customers to subscribe to these services on demand. With this product portfolio, Redback Networks is 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 market expansion, increases in the number of subscribers and the ability of products to scale to meet such expansion and increases. 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.
Portions of this document may constitute "forward-looking statements" as defined by federal law. Although Williams Communications believes any such statements are based on reasonable assumptions, there is no assurance that actual outcomes will not be materially different. Any such statements are made in reliance on the "safe harbor" protections provided under the Private Securities Reform Act of 1995. Additional information about issues that could lead to material changes in performance is contained in the company's annual reports filed with the Securities and Exchange Commission. This news release is not an offer to sell, nor the solicitation of an offer to buy, any securities. Any offer will be made only by means of a prospectus registered with the Securities and Exchange Commission.
Note to Editors: Redback is a U.S. Registered Trademark; SMS, SmartEdge and NetOp are Trademarks of Redback Networks, Inc. Other trademarks, service marks, and trade names belong to their respective owners.
Contact:
Redback Networks
Anne Smith, 408/571-5044
asmith@redback.com
or
A&R Partners
Branden P. Mello, 650/762-2860 |
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