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Redback Networks Wins Telecom Asia Readers Choice Award

^{Published on 2008-12-16 08:02:18 - Market Wire}
 

SAN JOSE, Calif.--([ BUSINESS WIRE ])--Redback Networks,an Ericsson company (NASDAQ:ERIC) providing video-centric routers for 75 percent of the world's largest triple-play networks,today announced that its SM480 Metro-Ethernet Service Transport product has been voted a "Network Innovation of the Year" award winner by Telecom Asia Magazine.

The Telecom Asia Readers' Choice Awards recognize technology innovations and contributions from top telecom equipment suppliers operating in Asia Pacific. As part of the special editor recognition awards, Network Innovation nominations were made by analysts and winners were chosen by the Telecom Asia editorial team. The winners were selected based on quality of innovation and contribution to technological advancement, market acceptance, revenue growth, vision, and industry leadership and performance in 2008.

"Having the SM480 chosen as a ‘Network Innovation of the Year' is a great honor, and one of the highest forms of validation for Redback's technology," said Herve Brunet, vice president, Asia-Pacific sales and operations, Redback Networks. "This win reflects the global demand for integrating wireline and wireless metro networks into a singe IP network, and speaks to the advantages and benefits customers are realizing with the SM480."

The SM 480 accelerates the convergence of fixed and mobile networks by simplifying network architectures, lowering network costs and unifying fixed and mobile networks. It enables highly scalable and resilient Ethernet services while delivering a combination of transport and subscriber services; allowing service providers to leverage network investments while migrating to a packet-based infrastructure.

The Telecom Asia Readers' Choice Award was presented to Redback at a ceremony in Hong Kong on December 8. Full coverage of the awards can be found at [ www.telecomasia.net/readerawards2008 ].

About Redback Networks

An Ericsson company since January 2007 (NASDAQ:ERIC), Redback Networks has sold 107+ million broadband subscriber licenses to 75 percent of the top 20 telephone carriers worldwide. Redback delivers next generation broadband services such as VoIP, IPTV, on-demand video, and online gaming. Redback Networks has more than 500 carrier customers worldwide and is based in San Jose, CA. For more information, visit Redback Networks at [ www.redback.com ].

About Ericsson

Ericsson is the world's leading provider of technology and services to telecom operators. The market leader in 2G and 3G mobile technologies, Ericsson supplies communications services and manages networks that serve more than 195 million subscribers. The company's portfolio comprises mobile and fixed network infrastructure, and broadband and multimedia solutions for operators, enterprises and developers. The Sony Ericsson joint venture provides consumers with feature-rich personal mobile devices.

Ericsson is advancing its vision of "communication for all" through innovation, technology and sustainable business solutions. Working in 175 countries, more than 70,000 employees generated revenue of USD 27.9 billion (SEK 188 billion) in 2007. Founded in 1876 and headquartered in Stockholm, Sweden, Ericsson is listed on OMX Nordic Exchange Stockholm and NASDAQ.

For more information, visit [ www.ericsson.com ] or [ www.ericsson.mobi ].