-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, PeZSXjp7rqIkO3rjKdoxjLn3/I7vZYttgxzyQJq3Pc5c3y3YSXr4zpgC6+RK29PR eeiBSvbUIILmkDhaQw4WaA== 0000929624-01-000191.txt : 20010212 0000929624-01-000191.hdr.sgml : 20010212 ACCESSION NUMBER: 0000929624-01-000191 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20010209 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 20010209 FILER: COMPANY DATA: COMPANY CONFORMED NAME: REDBACK NETWORKS INC CENTRAL INDEX KEY: 0001081290 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389] IRS NUMBER: 770438443 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 000-25853 FILM NUMBER: 1531493 BUSINESS ADDRESS: STREET 1: 1195 BORREGAS AVE CITY: SUNNYVALE STATE: CA ZIP: 94089-1306 BUSINESS PHONE: 4085483500 MAIL ADDRESS: STREET 1: 1195 BORREGAS AVE CITY: SUNNYVALE STATE: CA ZIP: 94089 8-K 1 0001.txt CURRENT REPORT UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 8-K Current Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report: February 9, 2001 REDBACK NETWORKS INC. ------------------------------------------------------ (Exact Name of Registrant as Specified in its Charter) Delaware 000-25853 77-0438443 - ------------------------------- ------------------------ ------------------------------- (State or Other Jurisdiction of (Commission File Number) (I.R.S. Employer Identification Incorporation) Number)
1195 Borregas Avenue Sunnyvale, CA 94089 (408) 571-5000 ---------------------------------------------------------------- (Addresses, including zip code, and telephone numbers, including area code, of principal executive offices) ITEM 9. REGULATION FD DISCLOSURE. On February 9, 2001, Redback Networks Inc., a Delaware corporation ("Redback"), announced new leadership for customer-focussed sales and services. A copy of Redback's press release for this announcement is attached as Exhibit 99.1 hereto and incorporated by reference herein. The press release filed as an exhibit to this report includes "safe harbor" language pursuant to the Private Securities Litigation Reform Act of 1995, as amended, indicating that certain statements about the Company's business contained in the press release are "forward-looking" rather than "historic." The press release also states that these and other risks relating to Redback's business are set forth in the documents filed by Redback with the Securities and Exchange Commission, specifically the most recent report on Form 10-Q, and the other reports filed from time to time with the Securities and Exchange Commission. ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS. (c) EXHIBITS. 99.1 Press Release dated February 9, 2001 SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. REDBACK NETWORKS INC. DATE: February 9, 2001 By: /s/ Dennis P. Wolf ------------------------------------------ Dennis P. Wolf Senior Vice President of Finance and Chief Financial Officer (Principal Financial Officer) INDEX TO EXHIBITS
Exhibit Number Description - -------------- ----------- 99.1 Press Release dated February 9, 2001
EX-99.1 2 0002.txt PRESS RELEASE DATED FEBRUARY 9, 2001 EXHIBIT 99.1 REDBACK NETWORKS ANNOUNCES NEW LEADERSHIP FOR CUSTOMER FOCUSED SALES AND SERVICES SAN JOSE, Calif., Feb. 9, 2001 - Redback Networks Inc. (NASDAQ: RBAK), a leading provider of advanced networking solutions, today announced its reorganized sales and customer service team. The team is structured to meet Redback's customers' needs. The domestic and international sales team will be led by Richard Bibb, Redback's newly promoted senior vice president of worldwide sales. Bibb replaces Randall Kruep who has accepted the position of CEO at a start-up company. Kruep will work closely with Bibb to ensure a smooth transition of responsibilities. Customer service will be led by David Hare, Redback's vice president of customer service. Both Bibb and Hare will report directly to Vivek Ragavan, president and chief executive officer of Redback Networks. "Our vision is to help our customers build next generation, profitable networks," said Ragavan. "To bring our customers to the next level, beyond just connectivity, all facets of Redback must be targeted to do so. We believe customers will be best served by focusing the functions of these departments. It is essential for the continued success of Redback to become more focused and innovative in ways we can best serve our customers." "Randall has been with the company from the early days and has played a great role in Redback's tremendous growth," continued Ragavan. "On behalf of the entire company, we would like to thank Randall for his contributions to the success of Redback." Bibb has been with Redback Networks since mid-2000 as vice president of North American sales. Bibb brings more than 20 years of telecom equipment sales experience and strong leadership skills to Redback. His career accomplishments include executive sales positions at Fore Systems, Cisco Systems and Proteon. Bibb joined Fore Systems in 1994 and was quickly promoted to vice president of federal operations that accounted for nearly 25 percent of the company's revenue. He was promoted to vice president of North American sales in 1998 and headed all sales in the Western hemisphere. Bibb holds a bachelor of science in electrical engineering from Virginia Tech. "Richard Bibb has built a strong North American sales team and has displayed the leadership and commitment necessary to lead the worldwide sales efforts," said Ragavan. "Additionally, we have tremendous confidence in the experience, skills and knowledge David Hare brings to Redback, leading our customer support group." Hare joins Redback as its vice president of customer services from Aspect Telecommunications. In his 20 years of experience, Hare has held several executive positions including chief operating officer of global support at Baan Company. Additionally, while at Baan, he was responsible for setting the strategic direction of all operational issues as well as the activities of all support centers and personnel worldwide. About Redback Networks Inc. Founded in 1996 and headquartered in San Jose, Calif., Redback Networks Inc., is a leading provider of advanced networking solutions that enable carriers, cable operators, and service providers to rapidly deploy broadband access and services. The market-leading Redback(R) SMS(TM) subscriber management systems, connect and manage large numbers of subscribers using any of the major broadband access technologies such as Digital Subscriber Line, cable, and wireless. To deliver integrated transport solutions for metropolitan optical networks, the Redback SmartEdge(TM) multi-service optical platforms leverage powerful advances in application-specific integrated circuit, IP, and optical technology. The Redback service management family of products allows service providers to easily publish, activate and manage IP services and allows their customers to subscribe to these services on demand. With this product portfolio, Redback Networks is the first equipment supplier focused exclusively on developing integrated solutions for the New Access Network. # # # Redback is a U.S. Registered Trademark; SMS and SmartEdge are Trademarks of Redback Networks, Inc. Other trademarks, service marks, and trade names belong to their respective owners. Safe Harbor Statement under the Private Securities Litigation Reform Act 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. 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 the documents filed by Redback Networks with the Securities and Exchange Commission, specifically the most recent report on Form 10-Q, and the other reports filed from time to time with the Securities and Exchange Commission. -----END PRIVACY-ENHANCED MESSAGE-----