SUNNYVALE, CA--(Marketwire - March 11, 2010) - Infinera (
As a result of these efforts, Infinera was named a recipient of the Waste Reduction (WRAP) Award for 2009 by the California Department of Resources Recycling and Recovery (CalRecycle). Infinera is among 250 California businesses and nonprofit organizations recognized with a WRAP award for 2009. According to CalRecycle, the award recipients have diverted more than two million tons of material from local landfills through recycling and resource management programs, leading to a significant reduction in greenhouse gas emissions and saving significant sums in operating costs.
The environmental policies implemented at Infinera facilities reflect the broader focus on energy and environmental issues throughout the organization. Infinera optical networking systems are designed to deliver greater energy efficiency than traditional optical systems by leveraging the energy efficiency of Infinera's photonic integrated circuits (PICs). Today's PICs are designed to consume approximately 50% less energy per Gigabit-kilometer than traditional discrete optics, and future generations of Infinera PICs are expected to increase the energy savings compared with discrete solutions.
"Energy efficiency and the environment are critical concerns for our company and our customers' businesses, and that's built into our corporate priorities," said Infinera CEO Tom Fallon. "Environmental responsibility is good for the planet and good for Infinera."
Infinera is also a participant in Pacific Gas and Electric's PeakChoice program, by which companies voluntarily agree to reduce electricity consumption at peak hours, and the EcoPass program, which provides incentives for employees to use Silicon Valley's public transit system.
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 through recycling programs, reduction in product packaging and the use of recycled materials, Infinera has reduced waste by 52%; that the award recipients have diverted more than two million tons of material from local landfills through recycling and resource management programs, leading to a significant reduction in greenhouse gas emissions and saving significant sums in operating costs; that the environmental policies implemented at Infinera facilities reflect the broader focus on energy and environmental issues throughout the organization; that Infinera optical networking systems are designed to deliver greater energy efficiency than traditional optical systems by leveraging the energy efficiency of Infinera's photonic integrated circuits; that today's PICs are designed to consume approximately 50% less energy per Gigabit-kilometer than traditional discrete optics, and future generations of Infinera PICs are expected to increase the energy savings compared with discrete solutions.
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 that may impact Infinera's business are set forth in our annual report Form 10-K, which was filed with the SEC on February 17, 2009, 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.
Contact Information:
For media and analysts:
Media:
Jeff Ferry
Tel. (408) 572-5213
jferry@infinera.com
Investors:
Bob Blair
Tel. (408) 716-4879
bblair@infinera.com