SUNNYVALE, CA, May 10, 2011 (MARKETWIRE via COMTEX) --
The Development Authority of the North Country (Authority) has selected an Infinera (NASDAQ:INFN, news, filings) Digital Optical Network for a middle-mile project upgrade in Upstate New York, delivering the benefits of broadband with speed, flexibility, and cost-effective scalable bandwidth to carriers, public, and private institutions, to enable greater competition and greater broadband penetration in the region.
The Authority was awarded a $20 million broadband stimulus grant by the National Telecommunications and Information Administration (NTIA) in the first round of stimulus funding. The Authority operates a network in northern New York State bringing broadband connectivity to rural areas, small towns, and major U.S. Army base Fort Drum. Stimulus funds will help the Authority extend its existing network with added diversity and new routes to better serve existing customers and offer broadband connectivity to new customers in the northeastern part of the state including the Adirondack Mountains region. When complete, the Authority's Open Access Telecom Network will consist of over 1,250 miles of fiber network.
Based on a competitive bid process and extensive evaluation, the Authority chose an Infinera Digital Optical Network for the speed, flexibility, and scalability of an Infinera network. The Authority will also benefit from the rapid service turn up and economical cost of operations of an Infinera network based on the digital features including point-and-click provisioning and the Digital ROADM capability. Infinera's Bandwidth Virtualization(TM) supports the delivery of bandwidth and services between any two points on the network, and the delivery of end-to-end Digital OTN services. With an Infinera DTN network, the Authority can deliver a wide range of high bandwidth services quickly and cost effectively.
"We are excited about the new services and economic development opportunities we'll be able to offer the North Country region," said David Wolf, Authority telecommunications general manager. "We will offer a wide range of services quickly, deliver world-class high-speed broadband to local business and institutions, help attract new industries, and offer advanced services like telemedicine, and distance learning on our network."
"We are pleased to support the Authority in bringing world-class broadband services to northern New York State to help the region compete more effectively in today's economy," said Infinera CEO Tom Fallon. "The Infinera Digital Optical Networks architecture supports broadband stimulus networks with a long-term network solution that is simple, fast, and flexible."
The Infinera family of optical solutions includes the Infinera DTN, the first optical networking system based on large-scale photonic integrated circuits, and the Infinera ATN, a compact metro edge platform that extends the benefits of Infinera's Digital Optical Networks to the metro edge.
About Development Authority of the North Country The Development Authority of the North Country (Authority) is a New York State chartered public benefit corporation established in 1985 to address infrastructure and development needs of the region. The Authority created the Open Access Telecom Network (OATN) to provide the necessary foundation to stimulate economic development in the North Country. Completed in 2003, this is a carrier-class telecommunications network serving Jefferson, Lewis, and St. Lawrence Counties, connecting the region to carrier collocation facilities in Syracuse. The OATN is comprised of approximately 750 miles of fiber optic cable, and 14 Central Offices (CO's), which contain the electronic and optical equipment that power the network. For more information, please visit http://www.danc.org.
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 the Authority chose an Infinera Digital Optical Network because the speed, flexibility and scalability of an Infinera network; that the Authority will benefit from the rapid service turn up and economical cost of operations of an Infinera network; that the Authority can deliver a wide range of high bandwidth services quickly and cost effectively; that the Infinera Digital Optical Networks architecture supports broadband stimulus networks with a long-term network solution that is simple, fast, and flexible; and the Infinera DTN is the first optical networking system on large-scale 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, 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, 2011, 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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