Assumes Number Three Position Worldwide According to Infonetics ResearchSUNNYVALE, CA, Dec 29, 2011 (MARKETWIRE via COMTEX) --Infinera (NASDAQ:INFN, news, filings), a leading provider of digital optical networking solutions, announced today that Infonetics Research ranks Infinera the number-one supplier in the North America terrestrial long-haul WDM transport and ROADM market. This ranking demonstrates the company's continual growth and market reach.
"In the third quarter of 2011, Infinera posted a revenue increase that moves them into first position in North America and third position worldwide for combined terrestrial long-haul WDM transport and ROADM equipment," noted Andrew Schmitt, directing analyst for optical at Infonetics Research.
Infinera's market share results in the third quarter for North America were driven largely by leading cable companies, wholesale carriers, Tier 1 customers and Internet Content Providers. European wholesale carriers and opportunities in the submarine space contributed to the company's third quarter growth worldwide.
"Global network operators benefit from the scale, simplicity and efficiency of Infinera's optical network solution," said Tom Fallon, Infinera CEO. "Infinera's solution for network operators helps them be more responsive to their customers' needs while confidently planning for future network growth. We are pleased by Infonetics' ranking as this reflects the support and faith our customers continue to put in us."
Infinera's product portfolio includes Infinera's DTN platform, powered by photonic integrated circuits (PICs), Infinera ATN, a scalable metro WDM transport platform and the recently announced DTN-X platform with 500 Gb/s FlexCoherent super-channels.
About Infinera Infinera specializes in Digital Optical Networking systems that are designed to continually improve the economics of optical networking by combining the speed of optics with the simplicity of digital. Infinera is unique in its use of breakthrough semiconductor technology: Large Scale Photonic Integrated Circuit (PIC). Infinera's systems leverage PIC technology to provide customers with a service-ready architecture that enables faster time-to-revenue and greater profitability through network efficiency 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 forward-looking statements including, among other things, statements relating to global network operators benefiting from the scale, simplicity and efficiency of Infinera's optical network solution; Infinera's solution for network operators helping customers to be more responsive to their customer's needs while confidently planning for future network growth. These forward looking statements are based on our current expectations. Actual results may vary materially from these expectations as a result of various risks and uncertainties, including, but not limited to, aggressive business tactics by our competitors, our dependence on a single product, our reliance on single-source suppliers, and our ability to respond to rapid technological changes. Further information about these risks and uncertainties, and other risks and uncertainties that affect our business, is contained in the risk factors section and other sections of our annual report on Form 10-K filed with the Securities Exchange Commission on March 1, 2011, as well subsequent reports filed with or furnished to the SEC. These reports are available on our website at www.infinera.com and the SEC's website at www.sec.gov. Infinera assumes no obligation to, and does not currently intend to, update any such forward-looking statements.
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