SOURCE: Infinera

Infinera

June 04, 2009 12:11 ET

Infinera Named Most Promising Vendor in Asia Telecom Market

Frost & Sullivan Award Cites Innovation & Market Growth

SINGAPORE--(Marketwire - June 4, 2009) - Infinera (NASDAQ: INFN) has been named Most Promising Vendor of the Year in the Asia Pacific market by analyst firm Frost & Sullivan. This is the first time Infinera has won this prestigious award.

"Infinera has, in a short span of time, become a significant player in the optical networking sector. The company has demonstrated a commitment to R&D and innovation, having launched the world's first WDM (wavelength-division multiplexing) digital ROADM (reconfigurable optical add-drop multiplexer) system, and today continues to invest substantially in R&D initiatives," said Adeel Najam, industry analyst, Frost & Sullivan.

"In 2008, Infinera made considerable breakthroughs in Asia Pacific, securing sizeable contracts in China and Japan," added Najam. "We believe the company's focus on delivering innovative solutions will ensure that it continues to grow in strength in the years to come. This is especially so at a time when national [high-speed] broadband projects are being implemented around the region and operators are in a bid to improve efficiencies in their networks, further prompting optical network deployments."

"It is an honor for Infinera to receive this award from internationally recognized analyst and consulting firm Frost & Sullivan. This award underscores the distinctive strengths of Infinera's technology and the ability of our Digital Optical Networking paradigm to address the challenging technical and business requirements of operators in the highly competitive marketplace in Asia-Pacific," said Simon Naylor, Infinera's Vice President Asia Pacific.

Infinera's optical systems are based on Infinera's large-scale photonic integrated circuits, which integrate 60 optical devices on a pair of chips each less than 5 mm wide. Infinera's Digital Optical Networking architecture provides operators with a transformational opportunity to simplify network operations and enable flexible and fast delivery of differentiated transport services. The Infinera DTN combines high-capacity DWDM transport, integrated digital bandwidth management, and GMPLS-powered service intelligence in a single platform.

In the past year, Infinera has made significant progress in the Asia market, with the announcement of customers including Global Access Limited of Japan, and international network operator Pacnet. In partnership with Global Access, Infinera also successfully demonstrated 100 Gigabit Ethernet services over a live network in Japan.

The Most Promising Vendor award was presented to Infinera at the 2009 Frost & Sullivan Asia Pacific ICT Awards banquet in Singapore on June 4, 2009. These awards seek to commend companies for their exemplary diligence, commitment and innovative business strategies required for advancements in the Asia Pacific marketplace.

About Infinera

Infinera provides Digital Optical Networking systems to telecommunications carriers worldwide. Infinera's systems are unique in their use of a breakthrough semiconductor technology: the photonic integrated circuit (PIC). Infinera's systems and PIC technology are designed to provide customers with simpler and more flexible engineering and operations, faster time-to-service, and the ability to rapidly deliver differentiated services without reengineering their optical infrastructure. For more information, please visit http://www.infinera.com/.

This press release contains certain forward-looking statements based on current expectations, forecasts and assumptions that involve risks and uncertainties. These statements are based on information available to Infinera as of the date hereof; and actual results could differ materially from those stated or implied, due to risks and uncertainties. Forward-looking statements include statements regarding Infinera's expectations, beliefs, intentions or strategies regarding the future, such as that technology and the ability of the Digital Optical Networking paradigm address the challenging technical and business requirements of operators in Asia-Pacific; that Infinera's Digital Optical Networking architecture provides operators with a transformational opportunity to simplify network operations and enable flexible and fast delivery of differentiated transport services. Such forward-looking statements can be identified by forward-looking words such as "anticipated," "believed," "could," "estimate," "expect," "intend," "may," "should," "will," and "would" or similar words. The risks and uncertainties that could cause our results to differ materially from those expressed or implied by such forward-looking statements include aggressive business tactics by our competitors, our dependence on a single product, our ability to protect our intellectual property, claims by others that we infringe their intellectual property, our manufacturing process is very complex, product performance problems we may encounter, our dependence on sole or limited source suppliers, our ability to respond to rapid technological changes, our ability to maintain effective internal controls, the ability of our contract manufacturers to perform as we expect, a new technology being developed that replaces the PIC as the dominant technology in optical networks, general political, economic and market conditions and events, including war, conflict or acts of terrorism; and other risks and uncertainties described more fully in our public announcements and other documents filed with or furnished to the Securities and Exchange Commission. These statements are based on information available to us as of the date hereof and we disclaim any obligation to update the forward-looking statements included in this press release, whether as a result of new information, future events or otherwise.

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