SUNNYVALE, CA -- (Marketwired) -- 03/31/14 -- Infinera (NASDAQ:INFN, news, filings), provider of Intelligent Transport Networks™, announced today that Infonetics Research, an international market research and consulting firm serving the communications industry since 1990, has ranked Infinera as the top optical vendor in its latest scorecard. In the report, Infonetics said, "Infinera is #1 this year as a result of very high ratings among customers for technology innovation, reliability, and service and support."
Infonetics' 2014 Optical Network Hardware Vendor Scorecard profiles, analyzes and ranks the 10 largest global vendors of optical transport equipment. Vendors were evaluated based on seven metrics including market share, market share momentum, financial stability, packet-optical intensity, technology innovation, product reliability, and service and support. In the report, Infinera emerges as the number one ranking optical transport equipment provider worldwide.
"The market for optical transport equipment is $12 billion annually, nearly as large as and growing faster than the market for service provider routers and switches. Infinera emerged as the highest scoring company in our optical vendor leadership scorecard," said Andrew Schmitt, Principal Analyst, Optical, Infonetics Research. "When we ask service providers what Infinera does well they mention technology innovation, ease of operation, high reliability and leading services and support."
"The Infonetics optical vendor scorecard shows that Infinera's focus on building Intelligent Transport Networks is resonating with global network operators," said Tom Fallon, Infinera CEO. "In 2013, we grew our market share by enabling service providers to use time as a competitive weapon to deliver services faster while simultaneously scaling their multi-terabit networks and lowering costs. We believe we are at the beginning of a once-in-a-decade transition to 100G and beyond and we are honored to see our focus on technology innovation and helping our customers win in their markets reflected in the outstanding results for Infinera in the Infonetics scorecard."
Infinera provides Intelligent Transport Networks to help carriers exploit the increasing demand for cloud-based services and data center connectivity as they advance into the Terabit Era. Infinera is unique in its use of breakthrough semiconductor technology to deliver large scale Photonic Integrated Circuit (PICs) and the application of PICs to vertically integrated optical networking solutions that deliver the industry's only commercially available 500 Gb/s FlexCoherent super-channels. Infinera Intelligent Transport Network solutions include the DTN-X, DTN and ATN platforms. Find more at www.infinera.com.
This press release contains forward-looking statements. Actual results may vary materially from these expectations as a result of various risks and uncertainties. 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 and Exchange Commission on February 21, 2014, as well as any 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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