SOURCE: Infinera

Infinera

August 05, 2014 08:00 ET

Infinera Increases Focus on Cloud Networks and Adds Stuart Elby to Executive Team

SUNNYVALE, CA--(Marketwired - Aug 5, 2014) - Infinera (NASDAQ: INFN), provider of Intelligent Transport Networks™, announced today the formation of a cloud networks group to strengthen Infinera's presence in the rapidly growing data center market. To lead the group, Infinera has hired Stuart Elby, Ph.D., a long time industry leader and innovator. Dr. Elby will serve as the senior vice president of cloud network strategy and technology. Dr. Elby brings more than 30 years of diverse telecommunications, video and data center expertise to Infinera.

Prior to Infinera, Dr. Elby served as the vice president and chief technologist of Verizon Labs. During his tenure at Verizon, Dr. Elby was responsible for developing Verizon's technology vision and target network architecture to support emerging products and services. In this role, he had significant influence in the network architecture and development of Verizon's platforms for metro and long haul networks, including Verizon's cloud and digital video services. Dr. Elby led the design, development and launch of cloud services platforms for Verizon Digital Media Services and managed the specification and design of multiple core services platforms including cloud and API secure gateway. Dr. Elby holds a bachelor's degree in Optical Engineering from the University of Rochester and received a MSEE and Doctorate in Telecommunications from Columbia University. He serves on the advisory boards of several university, government and industry consortia.

"As cloud services play a larger role in the telecommunications infrastructure, Infinera is committed to focusing on the specific requirements of cloud networks and delivering technologies that enable the continued evolution of this fundamental market shift," said Infinera CEO Tom Fallon. "Dr. Elby brings invaluable industry experience that will help accelerate Infinera's ability to win in this market."

"I am delighted to join the Infinera team," said Dr. Elby. "As cloud services continue to grow, the importance of optimizing solutions for the cloud network market becomes a high growth opportunity and I am looking forward to leading this team at Infinera."

About Infinera
Infinera provides Intelligent Transport Networks to help carriers exploit the increasing demand for cloud-based services and data center connectivity as they advance into the Terabit Era. Infinera is unique in its use of breakthrough semiconductor technology to deliver large scale Photonic Integrated Circuits (PICs) and the application of PICs to vertically integrated optical networking solutions that deliver the industry's only commercially available 500 Gb/s FlexCoherent super-channels. Infinera Intelligent Transport Network solutions include the DTN-X, DTN and ATN platforms. Find more at www.infinera.com.

This press release contains forward-looking statements. These statements are not guarantees of results and should not be considered as an indication of future activity or future performance. Actual results may vary materially from these expectations as a result of various risks and uncertainties. Information about these risks and uncertainties, and other risks and uncertainties that affect Infinera's business, is contained in the risk factors section and other sections of Infinera's Quarterly Report on Form 10-Q for the quarter ended March 29, 2014 as filed with the SEC on April 30, 2014, as well subsequent reports filed with or furnished to the SEC. These reports are available on Infinera's website at www.infinera.com and the SEC's website at www.sec.gov. Infinera assumes no obligation to, and does not currently intend to, update any such forward-looking statements.

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