SOURCE: Infinera

June 09, 2008 14:50 ET

Infinera Unveils New System, New PICs at NXTcomm08

New Infinera Line System ILS2 Scoops EOS Award

SUNNYVALE, CA--(Marketwire - June 9, 2008) - Infinera (NASDAQ: INFN) has a full agenda of new products, technologies, and demonstrations in store for NXTcomm08. At next week's NXTcomm08, Infinera will unveil the Infinera ILS2 line system, its first major new product since the launch of the Infinera DTN. The new line system, with future scalability to 8 Terabits/second of total capacity as well as important enhancements in spectral density and optical reach, will be on display at Infinera Booth Number SU5607. The ILS2 includes technology based on Infinera's second platform for photonic integration, highly integrated planar lightwave circuits or passive photonic integrated circuits (PICs).

Further details are available in two related press releases, also published today: Infinera Introduces New Line System, Sets New Standard for Capacity and Infinera Unveils New Passive PIC Platform. Infinera also announced today that SAVVIS, Inc., a global leader in IT infrastructure services for business applications, has selected Infinera for a regional optical network. See related news release, SAVVIS® Expands ATN Network in California to Feature High Bandwidth, Optical Network Services from Infinera.

Award-Winning ILS2

The ILS2 system has been honored by the organizers of NXTcomm08 with a prestigious EOS Award for 2008. The ILS2 won the prize for Technology Innovation in Optical Networking in recognition of significant innovations including the implementation of 160 DWDM channels in the C-band, an innovation made possible by the use of passive PIC technology. Chosen by a panel of 15 judges including service providers, consultants and technical journalists, EOS Award winners represent, according to NXTcomm Executive Director Wayne Crawford "the best and most promising advancements to the network-enabled voice, video, and data ecosystem."

"We are honored to receive this year's EOS award for the Infinera ILS2," said Chris Liou, Infinera's Vice President of Product Management. "With the ILS2, we sought to take the features and capabilities of Infinera's first optical line system to new levels, and create a system with some of the best performance metrics in the industry, while still retaining all the rapid service delivery and plug-and-play capabilities of Digital Optical Networks."

Growth and Innovation

On Thursday, June 19th at 8:30am, Infinera CEO Jagdeep Singh will address NXTcomm08 attendees in a keynote address. Mr. Singh will use his keynote opportunity to discuss some of the issues facing the telecom industry today, including the challenge of bandwidth growth and the need for innovation.

Customers are invited to drop by Infinera Booth Number SU5607, or call their Infinera representative to make an appointment. Infinera is also holding a special media and analyst briefing on Wednesday June 18th at 11am in Corporate Suite S215 of the Las Vegas Convention Center, featuring Mr. Singh and Infinera Chief Marketing and Strategy Officer Dave Welch providing an overview of Infinera's strategy and product announcements. The briefing is open to investors, analysts, and members of the press. Please RSVP to the contacts listed below.

NXTcomm08 runs from Tuesday June 17th to Thursday June 19th at the Las Vegas Convention Center. Further details are available through your Infinera representative or at http://www.nxtcommshow.com/.

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 optical networks 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 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 the ILS2 will have scalability to 8 Terabits/second and has some of the best performance metrics in the industry. 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 annual report on Form 10-K filed with the Securities and Exchange Commission on February 19, 2008, 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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