Infinera Appoints Andrew Bond-Webster Vice President for Asia Pacific
April 13 2011 - 12:00PM
Marketwired
Infinera (NASDAQ: INFN) announced the appointment of Andrew
Bond-Webster as Vice President of Sales for Asia Pacific to
accelerate Infinera's focus on marketing Digital Optical Network
solutions in the Asia Pacific region.
According to data from analyst firm Ovum, the Asia Pacific WDM
market accounted for a total of $1.9 billion in revenue last year,
with a forecast annual growth rate of 10% from 2010 to 2015.
Infinera has achieved significant success in the region with major
customers including Japan's largest service provider NTT and
leading independent service provider Pacnet, headquartered in Hong
Kong and Singapore and active throughout Asia. Mr. Bond-Webster
will help Infinera broaden and deepen its focus in this important
market.
Mr. Bond-Webster brings more than 20 years of experience in the
terrestrial and satellite telecommunications industry across wide
geographical markets and industry verticals to his new role at
Infinera. His previous experience includes senior sales and
marketing roles at technology suppliers and service providers in
the Asia region, including Cable and Wireless and Equant Network
Services.
"Infinera is the leading player worldwide in Digital Optical
Networks and I am excited about the opportunity to take on this
important role," said Mr. Bond-Webster. "My top priorities are to
create further value for our existing customers, take advantage of
new business opportunities and establish a good network of partners
to help facilitate our growth. My goal is to drive and execute a
business strategy that will help Infinera achieve sustainable long
term revenue and margin growth across the region."
"Operators in the Asia Pacific region face the challenge to
achieve faster and more cost-effective networks, and Infinera's
solutions have the exemplary product quality and the digital
features that can deliver competitive advantages to customers in
the region," said Ron Martin, Infinera's Senior Vice President of
Worldwide Sales. "With his excellent leadership skills, we are
confident Andrew will help us drive the benefits of Digital Optical
Networks further in the region."
Based on the Digital Optical Networks architecture, Infinera
optical systems deliver a range of digital features and
functionalities, including Digital ROADM capabilities, Bandwidth
Virtualization to support the deployment of bandwidth to deliver
any service between any two points on the network, and end-to-end
Digital OTN services. The Digital Optical Networks paradigm enables
customers to build fast, flexible and scalable networks for the
21st century, and achieve superior economics in their 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 has
achieved significant success in the region; that Mr. Bond-Webster
will help Infinera broaden and deepen its focus on this important
market; that Operators in the Asia Pacific region face the
challenge to achieve faster and more cost-effective networks, and
Infinera's solutions have the exemplary product quality and the
digital features that can deliver competitive advantages to
customers in the region; and that with Mr. Bond-Webster's excellent
leadership skills, Infinera is confident that it will be able to
drive the benefits of Digital Optical Networks further in the
region. 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: Asian media: Chew Peng Healey Tel. +65
6832 8099 chealey@infinera.com Other media: Jeff Ferry Tel. (408)
572-5213 jferry@infinera.com Investors: Bob Blair Tel. (408)
716-4879 bblair@infinera.com
Infinera (NASDAQ:INFN)
Historical Stock Chart
From Apr 2024 to May 2024
Infinera (NASDAQ:INFN)
Historical Stock Chart
From May 2023 to May 2024