Redback Networks to Present at the Cowen & Co. 34th Annual Technology Conference

Business Wire, May 26, 2006

SAN JOSE, Calif. -- Redback Networks Inc. (NASDAQ:RBAK), a leading provider of next-generation broadband networking systems, today announced Thomas L. Cronan III, senior vice president of finance and administration and chief financial officer, will be presenting at the Cowen & Co. 34th Annual Technology Conference being held in the New York Palace Hotel, New York, NY on Friday, June 2nd, 9:20 P.M. EST.

The audio only portion of the presentation will be webcast simultaneously during the conference and archived for 90 days. To access the webcast of this presentation, go to: www.corporate-ir.net/ireye/confLobby.zhtml?ticker=RBAK&item_id=1321540

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 provides advanced IP based subscriber services to consumers, businesses and wholesale customers. The company's carrier-class, scalable SmartEdge product family combines carrier class edge routing, advanced subscriber management and high density 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. SMS and NetOp are trademarks 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.