Contact Information: Media: Anna Vue Solsken PR for Infinera Tel. +1-916-595-8157 avue@solskenpr.com Investors: Bob Blair Infinera Tel. +1-408-716-4879 bblair@infinera.com
Infinera Expands Operations in Allentown, PA
Congressman, State Reps Join Infinera to Inaugurate New Infinera Facility
| Source: Infinera
SUNNYVALE, CA--(Marketwire - June 2, 2009) - Infinera Corporation (NASDAQ : INFN ) opened a
new facility in Allentown, Pennsylvania last week to accommodate growing
demand for its innovative optical systems based on photonic integration.
The opening was marked with a ribbon-cutting ceremony and celebration
attended by local Pennsylvania officials.
The new larger building is required to accommodate Infinera's expansion of
research and development, and manufacturing in Allentown. At Allentown,
Infinera designs and assembles optical modules housing
Infinera's large-scale photonic integrated circuits. Infinera's photonic
integrated circuits carry Internet traffic in long-haul and metro core
optical networks, delivering new levels of scalability, speed and
flexibility to Internet traffic.
Last Thursday's opening event featured comments from U.S. Congressman Rep.
Charlie Dent and Infinera co-founder and chief marketing and strategy
officer Dave Welch. Dr. Welch recounted Infinera's growth from a small
start-up company to its position today as the leader in the North American
long-haul optical networking market, with 960 employees worldwide,
including more than 700 at its U.S. facilities in Sunnyvale, CA, Allentown,
PA, and Annapolis Junction, MD. He said the company intended to continue to
focus on innovation to deliver value to customers, and to invest in the
U.S.
"The best innovation in the world happens on U.S. soil and as long as we
stay focused on innovation and the big challenges, the U.S. will continue
to lead the world in innovative technology," Dr. Welch told the audience at
the outdoor event.
Rep. Dent praised Infinera for its investment and helping to make the
Lehigh Valley region a part of the Internet economy. "Infinera's expansion
here in the Lehigh Valley is the best kind of economic development," Rep.
Dent told the audience."This is an investment in our community that
provides high-paying jobs, enhances living standards, and creates wealth."
Other speakers included State Senator Pat Browne, State Representative Gary
Day, Cindy Feinberg from Lehigh County's Office of Economic Development,
and Chad Paul, president and CEO of Ben Franklin Technology Partners of
Northeastern Pennsylvania. All the speakers praised Infinera for bringing
investment and jobs to the Lehigh Valley.
Infinera's new facility encompasses 43,000 square feet of office and
manufacturing space and employs 84 people including skilled technicians and
engineers. The Infinera DTN is the first optical networking system powered
by photonic integrated circuits. Deployed worldwide in long-haul and metro
core networks, the Infinera DTN combines high-capacity DWDM transport,
integrated digital bandwidth management, and GMPLS-powered service
intelligence in a single platform.
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 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 company intends to continue to focus on innovation to
deliver value to customers and to invest in the U.S.; that the best
innovation in the world happens on U.S.soil and that the U.S. will continue
to lead the world in innovative technology; and that the Infinera DTN is
the first optical networking system powered by photonic integrated
circuits. 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.