Co-Founder David Welch Joins Board
SUNNYVALE, CA, Oct 29, 2010 (MARKETWIRE via COMTEX) -- Infinera (NASDAQ:INFN, news, filings) has appointed Kambiz Hooshmand Chairman of the Board of Directors and named Infinera co-founder Dr. David Welch to the Board of Directors.
Kambiz Hooshmand joined the Infinera board last year. Mr. Hooshmand has more than two decades of experience in optical transport, routing, access, and related technologies. He was President and CEO of Applied Micro Circuits Corporation from 2005 to 2009. Before that, he held a number of senior positions at Cisco Systems Inc. including VP and General Manager of Cisco's Optical and Broadband Transport business unit.
Dr. David Welch was a co-founder of Infinera and serves today as Infinera Executive Vice President, and Chief Strategy Officer. Prior to Infinera, Dr. Welch held a number of senior positions at leading optical component makers SDL Inc. and JDS Uniphase. Dr. Welch has played a leading role in the optical telecom industry for two decades and has more than 80 patents and some 300 technical articles to his name. His key role in the development of semiconductor laser technology and related products was recognized with the 1994 Adolph Lomb Award, the 1998 Engineering Achievement Award from the Lasers and Electro-Optics Society, and the 1999 Fraunhofer Award. Dr. Welch currently serves on the boards of the Optical Society of America (OSA) and the Optoelectronic Industry Development Association (OIDA).
"Infinera has a great future as the world's most innovative developer of optical networking systems and I am proud to take on the additional responsibilities of chairman," said Kambiz Hooshmand.
"These appointments bring deep experience of many aspects of the telecom and technology businesses to Infinera," commented Infinera CEO Tom Fallon. "Kambiz and Dave will play valuable roles on our board as we continue to grow and develop our business."
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 has a great future as the world's most innovative developer of optical networking systems; that these appointments bring deep experience of many aspects of the telecom and technology businesses to Infinera; and that Kambiz and Dave will play valuable roles on our board as we continue to grow and develop our business. 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, 2010, 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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