SOURCE: Infinera

Infinera

March 04, 2011 14:26 ET

Infinera PICs Surpass 500 Million Hours of Failure-Free Operation

Latest Milestones Reaffirm PIC Reliability

SUNNYVALE, CA--(Marketwire - March 4, 2011) - Infinera's (NASDAQ: INFN) photonic integrated circuits (PICs) recently surpassed 500 million hours of failure-free operation in live networks worldwide. This latest milestone provides further evidence of the reliability of Infinera's PICs.

Introduced more than five years ago in the Infinera DTN Digital Optical Networking system, Infinera's PICs integrate more than 60 devices and 100 Gigabits/second (Gb/s) of optical capacity on a pair of chips. The transmit PIC includes ten lasers, as well as more than 40 other devices. Evidence from Infinera customers operating Infinera networks worldwide demonstrates that although far more complex than a discrete device such as a single telecom laser, Infinera PICs are as or more reliable than a single telecom laser. The integration of multiple devices into a single pair of chips with very high reliability delivers a significant improvement in overall network reliability.

New Record Market Share
The Infinera DTN system also reached other recent milestones demonstrating the wide deployment of the Digital Optical Networking system. Infinera has now lit more than 600,000 kilometers of optical fiber and deployed more than 2 Petabits/second of capacity since the DTN began shipping in 2004. Last year, Infinera reached a market-leading record share of 34.1% of the North American long-haul DWDM market according to independent analyst firm the Dell'Oro Group.

"Infinera's PICs mark a significant advance in the technology deployed in optical networks for telecom, as these latest milestones demonstrate," commented Infinera co-founder and Chief Strategy Officer Dr. David Welch. "The benefits for service providers include savings in space and power consumption, more scalable and reliable networks, and the enabling of a powerful digital network architecture with pervasive switched DWDM throughout the network core."

At next week's Optical Fiber Conference, Infinera development engineers will be presenting a number of papers and talks on aspects of the current and future generations of PICs. For further information, see today's related press release, "Infinera to Present on Next-Generation PICs and Systems at OFC."

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, including that Infinera's (NASDAQ: INFN) photonic integrated circuits (PICs) recently surpassed 500 million hours of failure-free operation in live networks worldwide; PICs are as or more reliable than a single telecom laser; that the integration of multiple devices into a single pair of chips with very high reliability delivers a significant improvement in overall network reliability; that Infinera's PICs mark a significant advance in the technology deployed in optical networks for telecom; and that the benefits for service providers include savings in space and power consumption, more scalable and reliable networks, and the enabling of a powerful digital network architecture with pervasive switched DWDM throughout the network core. 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, and our ability to respond to rapid technological changes, and other risks that may impact any of the group's business are set forth in their annual reports on Form 10-K filed with the SEC on March 1, 2011, as well as subsequent reports 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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