Belgacom Deploys Redback Networks Platform for National Interactive Digital Television Service; Belgium's National Carrier Selects Redback's SmartEdge Service Gateway Platform for the Video-on-Demand Network Roll-Out.SAN JOSE San Jose, city, United States San Jose (sănəzā`, săn hōzā`), city (1990 pop. 782,248), seat of Santa Clara co., W central Calif.; founded 1777, inc. 1850. , Calif. -- Redback Networks Redback Networks is a telecommunications equipment company. History Redback Networks was founded in August, 1996. Redback is an ERICSSON subsidiary since the beginning of 2007 (was previously traded on NASDAQ under the symbol RBAK). Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :RBAK RBAK Redback Networks Inc. (stock abbreviation, AMEX) rBAK Remote Backup ), a leading provider of next-generation IP broadband networking systems, today announced that, following extensive trials, its SmartEdge(R) Service Gateway has been selected by Belgacom as the platform to enable roll-out of iDTV (interactive Digital Television) Video-on-Demand service over Belgacom's high-speed DSL DSL in full Digital Subscriber Line Broadband digital communications connection that operates over standard copper telephone wires. It requires a DSL modem, which splits transmissions into two frequency bands: the lower frequencies for voice (ordinary network. Since last summer, Belgacom has been making their TV over DSL service widely available. As from the start of the new season, Belgacom has secured the digital broadcasting Digital broadcasting is the practice of using digital data rather than analogue waveforms to carry broadcasts over television channels or assigned radio frequency bands. It is becoming increasingly popular for television usage (especially satellite television) but is having a rights for the national Jupiler Soccer League. Apart from exclusive soccer coverage and the availability of a complete suite of broadcast television channels, Belgacom TV also offers movies on demand, an interactive electronic TV guide and parental control options. The deployment of the SmartEdge Service Gateway helps Belgacom to support higher bandwidth and advanced functions to integrate the video on demand service into the current data network. The high availability architecture of the SmartEdge product family enables Belgacom to achieve the high levels of availability required to support mission critical consumer applications. The SmartEdge platform's support of hierarchical quality of service functions ensures a high quality and personalized user experience. "IPTV (Internet Protocol TV) Also called "TV over IP," IPTV delivers scheduled TV programs and video-on-demand (VOD) via the IP protocol and digital streaming techniques used to watch video on the Internet. services have captured the imagination of service providers both as a source of incremental revenue and a competitive defense against the cable companies," said Magnus Almquist, Redback's vice president of sales and operations for Europe, Middle-East and Africa. "We are pleased to be working with Belgacom on this exciting and innovative service offering." About Belgacom Belgacom is the leading telecommunications company in Belgium and a market leader in a number of areas, including retail and wholesale fixed-line telephony services, mobile communications services and broadband data and Internet services. For the year ended 31 December 2004, the Group had total revenue of EUR EUR In currencies, this is the abbreviation for the Euro. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 5,540 million and operating income Operating Income The profit realized from a business' own operations. Notes: This would not include income from things such as investments in other firms. Also referred to as operating profit or recurring profit. before depreciation and amortization (excluding non-recurring items) of EUR 2,394 million. About Redback Networks Redback Networks Inc., a leading provider of next-generation broadband networking equipment, enables carriers and service providers to build Smart Broadband Networks that are personalized, adaptive and efficient. The Smart Broadband Network enables advanced IP based subscriber services to consumers, businesses and wholesale customers. The company's carrier-class, consumer-scale SmartEdge product family combines advanced subscriber management, carrier-class IP edge routing and highly scalable Ethernet aggregation functions. In conjunction with the NetOp(TM) Element and Policy Manager platforms the SmartEdge family provides a powerful and flexible infrastructure solution that enables delivery of next-generation Broadband IP services. Founded in 1996 and headquartered in San Jose, Calif., with sales and technical support centers located worldwide, Redback Networks maintains a growing and global customer base of more than 500 carriers and service providers, including major local exchange carriers (LECs), inter-exchange carriers (IXCs), PTTs, service providers and ISPs. For more information, visit Redback Networks at www.redback.com. REDBACK and SmartEdge are trademarks registered at the U.S. Patent and Trademark Office and in other countries. NetOp is a trademark of Redback Networks Inc. All other products or services mentioned are the trademark, service marks, registered trademarks or registered service marks of their respective owners. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Statement under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995 The statements contained in this press release that are not purely historical are forward-looking statements within the meaning of Section 21E of the Securities and Exchange Act of 1934, as amended, including statements regarding Redback Networks' expectations, beliefs, intentions or strategies regarding the future and including, without limitation, statements regarding Belgacom's deployment of Redback's SmartEdge Service Gateway as the platform to enable iDTV Video-on-Demand service over Belgacom's high-speed DSL network and whether the deployment of the SmartEdge Service Gateway will help Belgacom to support higher bandwidth and advanced functions to integrate the video on demand service into the current data network and whether the SmartEdge product family will enable Belgacom to achieve the high levels of availability required to support mission critical consumer applications and support of hierarchical quality of service functions to ensure high quality and personalized user experience. All forward-looking statements included in this document are based upon information available to Redback Networks as of the date hereof, and Redback Networks assumes no obligation to update any such forward-looking statements. Forward-looking statements involve risks and uncertainties, which could cause actual results to differ materially from those projected. These risks and other risks relating to Redback Networks' business are set forth in the documents filed by Redback Networks with the Securities and Exchange Commission (SEC), specifically the most recent report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. , Form 10-Q Form 10-Q See 10-Q. , Form 8-K Form 8-K The form required by the SEC when a publicly held company incurs any event that might affect its financial situation or the share value of its stock. Form 8-K See 8-K. , Redback's Registration Statement on Form S-3 (File No. 333-114352), and amendments thereto, and the other reports filed from time to time with the SEC. |
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