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Strategies & Market Trends : Trade/Invest with Options Jerry a Point & Figure Chartist

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To: Jerry Olson who wrote (656)	2/5/2001 7:42:18 AM
From: 2MAR$	Read Replies (1) of 5893

EXDS to offer 13mil more shares: siliconinvestor.com Qwest to Deploy Redback Networks SmartEdge Platform in Next Generation Metro Optical Networks Business Editors/High-Tech Writers SAN JOSE, Calif.--(BUSINESS WIRE)--Feb. 5, 2001-- Multi-Year, Multi-Million Dollar Agreement Helps Extend Local Broadband Services Redback Networks Inc. (Nasdaq:RBAK), a leading provider of advanced networking solutions, today announced that Qwest Communications International Inc. agreed to a multi-year, multi-million dollar purchase of the Redback(R) SmartEdge(TM) 800. Qwest plans to deploy the SmartEdge 800 multi-service optical platform as part of its strategy to enhance and expand local broadband services for businesses and consumers in key metropolitan markets. The SmartEdge 800 features high port densities to efficiently aggregate Internet Protocol (IP) and traditional time division multiplexing (TDM) traffic, delivering operational efficiencies for Qwest and simplifying the migration to IP for customers. "We're pleased to extend our successful relationship with Redback to accelerate the delivery and enhance the efficiency our IP-based metropolitan networks," said Augie Cruciotti, Qwest's executive vice president of national local networks. "We look forward to continuing our relationship with Redback to further improve service for our customers." "Since embarking on the design of the SmartEdge 800, Redback has strongly believed that a successful metropolitan optical device must support providers delivering both TDM- as well as IP-based services," said Vivek Ragavan, Redback's president and chief executive officer. "As a result, we are very pleased to be a part of Qwest's all-optical metro network initiative."

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