DTN System Achieves New Milestones in Revenue and Reliability

Sunnyvale, CA – NOVEMBER 12, 2009 – Infinera (Nasdaq: INFN) has been named the second fastest-growing technology company in North America by Deloitte LLP. Infinera ranked second in the Technology Fast 500™, Deloitte’s ranking of the fastest-growing technology, media, telecommunications, life sciences and clean technology companies in North America. Rankings are based on fiscal year GAAP revenue growth during the five-year period from 2004 to 2008.

“Technology Fast 500™ recognizes innovative companies that have broken down barriers to success and defied the odds with their remarkable five-year revenue growth,” said Phil Asmundson, Vice Chairman and U.S. Technology, Media and Telecommunications leader, Deloitte LLP. "We congratulate Infinera on this accomplishment." Deloitte LLP is one of the world’s largest accounting and consulting firms.

In addition, the Infinera DTN achieved several significant milestones showing its worldwide acceptance as a highly reliable platform carrying voice, video, and data traffic for a broad range of leading telecom operators. Infinera’s photonic integrated circuits (PICs) have now surpassed a cumulative total of 200 million hours of operation in live networks worldwide with no chip failures. This reliability rate for the PIC (with more than 50 devices) is equivalent to or better than the reliability of a single telecom-grade laser, evidence of the very high reliability of Infinera’s photonic integration technology and indicates very significant benefits to overall network reliability.

Billion-Dollar Product

In Q3 2009, Infinera surpassed the $1 billion mark in cumulative revenue for its flagship product, the Infinera DTN, signifying the commercial success of the industry’s first PIC-based optical networking platform. The Infinera DTN has now been deployed on network routes spanning more than 500,000 fiber route-kilometers. These milestones attest to the success of Infinera’s Digital Optical Networks architecture, based on large-scale photonic integration technology.

“When we introduced the digital paradigm to optical networks in 2004, it ran counter to the all-optical paradigm then prevailing, and still prevailing, among our competitors,” commented Infinera CEO Jagdeep Singh. “These gratifying indicators of our success show that our customers have recognized the value that PIC-based Digital Optical Networks can bring to ...