Infinera Names Deryck Robinson VP of Subsea Sales
March 28 2011 - 9:00AM
Marketwired
Infinera (NASDAQ: INFN) has named Deryck Robinson Vice President of
Subsea Sales, with responsibility for leading Infinera's subsea
sales activities globally. Mr. Robinson will provide leadership for
a dedicated team focused on expanding Infinera business in the
large and growing subsea segment of the networking market.
Infinera Submarine Solutions have seen a rapid uptake in the
market for SLTE (Submarine Line Terminal Equipment) since 2009.
Based on the Infinera DTN, Infinera Submarine Solutions offer
submarine operators the opportunity to cost-effectively increase
subsea network capacity, while at the same time benefiting from the
DTN's advantages of ease of use, space efficiency, and a seamless
subsea-terrestrial network. Infinera Submarine Solutions have been
deployed across the Atlantic, between North and South America, and
in the Indian Ocean. In February, Infinera announced the deployment
of a DTN network in the Mediterranean for MedNautilus, a division
of Telecom Italia. Infinera Submarine Solutions have been deployed
worldwide for customers for a total of more than 85,000
route-kilometers. The Submarine addressable market is projected to
be worth as much as $891 million this year, up 15% from last year,
according to data from independent market analysts Ovum.
"Submarine operators realize that the continuing growth in
submarine bandwidth is a strain on existing submarine fiber cable
systems," said Deryck Robinson. "We believe that these operators
are turning to Infinera because our solutions enable rapid,
cost-effective capacity upgrades to new and existing subsea fiber
cable systems."
"I look forward to delivering excellent customer service to our
customers and driving growth and success in the subsea market,"
added Mr. Robinson.
Mr. Robinson joined Infinera in 2006 as a Senior Sales Director
and played a key role in Infinera's achievement of a leadership
position in the North American long-haul market. "Deryck's new role
leading Infinera's Subsea Sales team globally will help us bring
the benefits of Infinera's Digital Optical Networks to many more
subsea service providers," said Infinera Vice President of
Worldwide Sales Ron Martin.
The Infinera family of optical solutions includes the Infinera
DTN, the first optical system based on large-scale photonic
integrated circuits, the Infinera ATN, a compact metro edge
platform that extends the benefits of Infinera's Digital Optical
Networks to the metro edge, and the DTN as SLTE, providing a set of
application-optimized features for upgrading submarine cable
networks.
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
Submarine Solutions have seen a rapid uptake in the market for SLTE
since 2009; that Infinera Submarine Solutions offer submarine
operators the opportunity to cost-effectively increase subsea
network capacity, while at the same time benefiting from the
Infinera advantages of ease of use, space efficiency, and a single
subsea-terrestrial network; that operators are turning to Infinera
because our solutions enable rapid, cost-effective capacity
upgrades to new and existing subsea fiber cable systems; that
Infinera will drive growth and success in the subsea market; and
that Mr. Robinson's appointment will help Infinera bring the
benefits of Infinera's Digital Optical Networks to many more subsea
service providers. 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.
For media and analysts: Media: Anna Vue Tel. (916) 595-8157
avue@infinera.com Investors: Bob Blair Tel. (408) 716-4879
bblair@infinera.com
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