Redback's New SmartEdge 1200 Wins NXTcomm Technology Innovation Award

Redback Networks, an Ericsson company that makes video-centric
routers for 75 percent of the world's largest triple-play networks,
today announced that its new SmartEdge(R) 1200 router platform has won
the NXTcomm Eos award for technology innovation in content delivery
and management.

"NXTcomm is the world's largest telecom trade show and this award
helps acknowledge the effort and resources put into development of the
SmartEdge 1200, and the resulting technology innovations that clearly
differentiate us from the competition," said Arpit Joshipura, vice
president of product management for Redback Networks.

The SmartEdge 1200 is the world's first million person subscriber
rack for triple-play services such as HDTV, HD VoD and broadband
mobility. The SmartEdge 1200 platform introduces three major
innovations. It will double carrier capacity for new video upgrades,
extend triple-play services to broadband mobile networks and integrate
up to six network applications into a single router. The new network
applications include deep-packet inspection for peer-to-peer traffic
management, advanced session border capabilities and network security
for carriers and their customers.

The routing innovation behind the SmartEdge platform is at the
center of Ericsson efforts to deliver full service broadband. By
connecting wired and wireless networks, Ericsson will enable a world
where any network can deliver any service to any Internet-enabled
device. Redback and Ericsson will be exhibiting the SmartEdge 1200
router platform at the NXTcomm trade show at Chicago's McCormick
Place, June 18-21, 2007.

About Redback Networks

An Ericsson company since January 2007 (NASDAQ:ERIC), Redback
Networks helps manage triple-play services for 50 million subscribers
and 15 of the top 20 telephone carriers worldwide. Redback's
multi-service edge routing platform delivers next generation broadband
services such as VoIP, IPTV, On-Demand Video, and on-line gaming.
Redback Networks has more than 500 carrier customers worldwide and is
based in San Jose, CA. For more information, visit www.redback.com.

About Ericsson

Ericsson is shaping the future of Mobile and Broadband Internet
communications through its continuous technology leadership. Providing
innovative solutions in more than 140 countries, Ericsson is helping
to create the most powerful communication companies in the world.

Read more at http://www.ericsson.com.

Redback and SmartEdge are registered trademarks of Redback
Networks Inc.

The information in this press release contains statements
regarding Redback's current product plans. Planned product offerings
may be updated, changed or modified. Customers may elect to purchase
specific Redback product offerings when such products are made
commercially available. The information presented in this release is
not intended to imply that Redback will make such products available
in all areas that is operates.