Bell Canada Selects the Redback Subscriber Management System to Drive Wholesale DSL Service; Redback Flexibility Provides Foundation for Cost-effective Wholesale Model.SUNNYVALE, Calif.--(BUSINESS WIRE)--Aug. 30, 1999-- 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:RBAK RBAK Redback Networks Inc. (stock abbreviation, AMEX) rBAK Remote Backup ) announced today that Bell Canada Bell Canada Enterprises (TSX: BCE, NYSE: BCE), legally BCE Inc., is a major Canadian telecommunications company. Through its subsidiaries including Bell Canada, Bell Aliant, Northwestel, Télébec, and NorthernTel, it is the incumbent local exchange carrier for (Nasdaq:BCICF) has deployed the Redback Subscriber Management Systema (SMS (1) (Storage Management System) Software used to routinely back up and archive files. See HSM. (2) (Systems Management Server) Systems management software from Microsoft that runs on Windows NT Server. ) 1000 to complement its existing Nortel Networks (Nortel Networks Limited, Brampton, Ontario, www.nortelnetworks.com) A world leader in telecommunications products, which includes switching, wireless and broadband systems for service providers and carriers, telephones and systems for residential and business users, computer telephony 1 Meg Modem-based Digital Subscriber Line See DSL. (communications, protocol) Digital Subscriber Line - (DSL, or Digital Subscriber Loop, xDSL - see below) A family of digital telecommunications protocols designed to allow high speed data communication over the existing copper telephone lines between end-users and (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 ) service, one of the largest deployments in the world. Bell Canada is using the Redback SMS 1000 to provision and manage broadband customers at the carrier's Central Office (CO) locations. Specifically, Bell Canada is using the Redback SMS 1000 to anchor its aggressive wholesale DSL offering, allowing independent Internet service providers Internet service provider (ISP) Company that provides Internet connections and services to individuals and organizations. For a monthly fee, ISPs provide computer users with a connection to their site (see data transmission), as well as a log-in name and password. (ISPs) to purchase wholesale DSL circuits for resale to consumer and business customers. "We selected the Redback SMS 1000 because we needed to rapidly implement a cost-effective, scalable wholesale business model," said Glenn Ward, vice president of broadband development at Bell Canada. "Adding the Redback SMS 1000 to our network provides us with the critical component that enables us to offer the combination of scalability, performance and value our ISP (1) See in-system programmable. (2) (Internet Service Provider) An organization that provides access to the Internet. Connection to the user is provided via dial-up, ISDN, cable, DSL and T1/T3 lines. customers require. With the Redback solution in place, we can lower our cost structure and provide immediate wholesale access to new service-provider partners." Utilizing the SMS 1000, Bell Canada can now offer wholesale DSL services to a large number of independent ISPs quickly and efficiently. Equally important, Bell Canada and its service-provider partners can use the same operational model for DSL subscribers as they currently have in place for dial-up access technologies. "Without modifying its operational systems, Bell Canada can capitalize on the lucrative opportunities emerging in the broadband marketplace by rapidly rolling out new services," said Larry Blair, vice president of marketing at Redback. "In addition, the Redback solution allows Bell Canada to offer cost-effective, wholesale DSL services to other Internet or content service providers." Redback's SMS 1000 is a high-density, highly intelligent networking device deployed at a network access point or a data center to aggregate a high concentration of broadband data traffic. It applies scalable user configuration and management, grooms the traffic to offload backbone routers, and enables the cost-effective delivery of wholesale services. About Redback Networks, Inc. Founded in 1996 and headquartered in Sunnyvale, Calif., Redback Networks, Inc., is a leading provider of advanced networking solutions that enable carriers, cable multiple system operators (MSOs), and service providers to rapidly deploy high-speed broadband access to the Internet and corporate networks. The Company's Subscriber Management System (SMS) connects and manages large numbers of subscribers using any of the major high-speed access technologies such as Digital Subscriber Line (DSL), cable and wireless. The SMS 1000, the first product in the SMS family, received Best of Show honors for WAN and remote access equipment at Network + Interop, Las Vegas, in May 1998. Customers wanting more information about Redback products can visit its World Wide Web site at http://www.redback.com, or contact the company at 408/548-3500. About Bell Canada Bell Canada provides a full range of communications services to customers, including wireline and wireless local and long distance telephone services, Internet access, high-speed data services, and directories. Bell Canada, its telecom partners, and its subsidiaries provide services through 13.6 million access lines, including 11 million in Ontario and Quebec. Bell Canada, the largest Canadian telecommunications operating company operating company A business that engages in transactions with outsiders. , also serves more than 2.1 wireless customers through Bell Mobility. Bell Canada is 80 percent owned by BCE BCE abbr. 1. Bachelor of Chemical Engineering 2. Bachelor of Civil Engineering BCE Abbreviation for before the Common Era. Inc. of Montreal and two percent owned by Ameritech Corporation of Chicago, Illinois. The company's news releases are located in the Newsroom on the corporate Web site at http://www.bell.ca. Note to Editors: Redback and the Subscriber Management System are trademarks of Redback Networks Inc. Other trademarks, service marks, and trade names belong to 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. Forward-looking statements include statements regarding future sales. 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 and other risks relating to Redback Networks' business are set forth in Redback Networks' Form S-1, as amended and filed with the Securities and Exchange Commission on May 17, 1999, and the other reports filed from time to time with the Securities and Exchange Commission. |
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