Infinera Expands Operations in Allentown, PA
June 02 2009 - 12:00PM
Marketwired
Infinera Corporation (NASDAQ: INFN) opened a new facility in
Allentown, Pennsylvania last week to accommodate growing demand for
its innovative optical systems based on photonic integration. The
opening was marked with a ribbon-cutting ceremony and celebration
attended by local Pennsylvania officials.
The new larger building is required to accommodate Infinera's
expansion of research and development, and manufacturing in
Allentown. At Allentown, Infinera designs and assembles optical
modules housing Infinera's large-scale photonic integrated
circuits. Infinera's photonic integrated circuits carry Internet
traffic in long-haul and metro core optical networks, delivering
new levels of scalability, speed and flexibility to Internet
traffic.
Last Thursday's opening event featured comments from U.S.
Congressman Rep. Charlie Dent and Infinera co-founder and chief
marketing and strategy officer Dave Welch. Dr. Welch recounted
Infinera's growth from a small start-up company to its position
today as the leader in the North American long-haul optical
networking market, with 960 employees worldwide, including more
than 700 at its U.S. facilities in Sunnyvale, CA, Allentown, PA,
and Annapolis Junction, MD. He said the company intended to
continue to focus on innovation to deliver value to customers, and
to invest in the U.S.
"The best innovation in the world happens on U.S. soil and as
long as we stay focused on innovation and the big challenges, the
U.S. will continue to lead the world in innovative technology," Dr.
Welch told the audience at the outdoor event.
Rep. Dent praised Infinera for its investment and helping to
make the Lehigh Valley region a part of the Internet economy.
"Infinera's expansion here in the Lehigh Valley is the best kind of
economic development," Rep. Dent told the audience."This is an
investment in our community that provides high-paying jobs,
enhances living standards, and creates wealth."
Other speakers included State Senator Pat Browne, State
Representative Gary Day, Cindy Feinberg from Lehigh County's Office
of Economic Development, and Chad Paul, president and CEO of Ben
Franklin Technology Partners of Northeastern Pennsylvania. All the
speakers praised Infinera for bringing investment and jobs to the
Lehigh Valley.
Infinera's new facility encompasses 43,000 square feet of office
and manufacturing space and employs 84 people including skilled
technicians and engineers. The Infinera DTN is the first optical
networking system powered by photonic integrated circuits. Deployed
worldwide in long-haul and metro core networks, the Infinera DTN
combines high-capacity DWDM transport, integrated digital bandwidth
management, and GMPLS-powered service intelligence in a single
platform.
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 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 company
intends to continue to focus on innovation to deliver value to
customers and to invest in the U.S.; that the best innovation in
the world happens on U.S.soil and that the U.S. will continue to
lead the world in innovative technology; and that the Infinera DTN
is the first optical networking system powered by 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, our manufacturing process is very complex,
product performance problems we may encounter, our dependence on
sole or limited source suppliers, our ability to respond to rapid
technological changes, our ability to maintain effective internal
controls, the ability of our contract manufacturers to perform as
we expect, a new technology being developed that replaces the PIC
as the dominant technology in optical networks, general political,
economic and market conditions and events, including war, conflict
or acts of terrorism; and other risks that may impact Infinera's
business are set forth in our annual report Form 10-K, which was
filed with the SEC on February 17, 2009, 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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Media: Anna Vue Solsken PR for Infinera Tel. +1-916-595-8157
avue@solskenpr.com Investors: Bob Blair Infinera Tel.
+1-408-716-4879 bblair@infinera.com
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