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Technology Stocks : Redback Networks, Inc. (RBAK)

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To: LakesideTrader who wrote (21)5/24/1999 10:34:00 AM
From: William F. Wager, Jr.  Read Replies (1) of 1956
 
DJ Hertz Technology Unit To Use Redback Networks System

NEW YORK (Dow Jones)--Hertz Technology Group Inc.'s (HERZ) RemoteIT.com unit will
deploy Redback Networks Inc.'s (RBAK) Subscriber Management System 1000.

RemoteIT.com provides network and Internet services.

In a press release Monday, Hertz said RemoteIT.com will use the SMS 1000 to deliver
digital subscriber line access to value added resellers and outsource service providers.

The SMS 1000 is an intelligent networking device that connects high speed access
equipment in the telco Central Office or cable/wireless head-end, with service provider
backbone routers.

Hertz designs and assembles personal computers and related products.

Redback, Sunnyvale, Calif., makes advanced networking systems that allow high-speed
access to the Internet.

--Bill

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