Ericsson and Redback Announce Another Joint Deal in China; Upgrading Broadband Services for Guangdong Telecom

Redback Networks Inc., an Ericsson company that makes
video-centric routers for 75 percent of the world's largest
triple-play networks, today announced another joint deal with parent
company Ericsson to upgrade the broadband infrastructure for Guangdong
Telecom, using Redback's SmartEdge router platform for data, voice and
video services.

Guangdong is the flagship carrier of China Telecom and is the
largest provincial carrier in China with more than 40 million
customers. Under the deal, Redback and Ericsson will help Guangdong
Telecom expand its residential and business services for more than 5
million broadband customers. Redback and Ericsson are managing 43
percent of fixed broadband subscribers for telephone carriers in
China.

Redback has deployed more than 1,000 routing platforms in 22 of 32
provinces with China Telecom and China Netcom, the two largest
wire-line carriers in China. For China Telecom, this includes
provincial carriers in Guangdong, Zhejiang, Fujian, Anhui, Hubei,
Jiangxi, Yunnan, Shaanxi, Ningxia, Heilongjiang and Tibet. For China
Netcom, this includes similar deployments in Shandong, Liaoning,
Hebei, Heilongjiang, Jilin, Henan, Shanxi, Inner Mongolia, Zhejiang,
Chongqing and Yunnan.

About Redback Networks

An Ericsson company since January 2007 (NASDAQ:ERIC), Redback
Networks manages 63+ million broadband access and triple-play
subscribers for 75+ percent of the world's largest telephone
companies. Redback's multi-service routing platform delivers next
generation services such as broadband access, VoIP, IPTV,
video-on-demand, 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.