|Infinera Expands Sales Force to Support Company’s Success in Cable and Key Vertical Markets SUNNYVALE, CA, Jul 11, 2011 (MARKETWIRE via COMTEX) — Infinera (NASDAQ:INFN, news, filings) has appointed Mike Kelly as Vice President of Sales for the Cable Market, a newly created position, as a result of the company’s growing success among top performing cable operators in the U.S. The appointment will strengthen Infinera’s focus on this important market segment, and is part of a broader initiative to apply more focus on key market segments and global geographies as the company grows.
Mr. Kelly has been involved with cable television and network infrastructure companies for more than 30 years, including senior sales roles at Antec (now Arris), C-Cor, and Juniper Networks. He joins a team that has built a strong position in the U.S. cable market, with every one of the top five U.S. cable systems deploying Infinera solutions. In addition to cable, Infinera is growing its sales force to provide additional focus on key vertical markets such as incumbent operators and submarine service providers, and is expanding its international geographic coverage in APAC and EMEA.
“The competitive advantages of our PIC-based approach and our DTN platform have enabled Infinera to maintain our market leadership in North America,” commented Infinera Senior Vice President of Worldwide Sales Ron Martin. “Our growth in new segments and countries will let us capitalize on our innovative approach and help additional service providers build Digital Optical Networks that will lower their costs and make them more competitive.”
This press release contains forward-looking statements including, among other things, statements relating to the growth of our sales force, our success among cable operators, the reasons for our market share in North America, our ability to capitalize on our increased focus on new segments and countries, and the benefits that our Digital Optical Networks will bring to our customers. 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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