Financial Update Accompanies Announcement of Major Tier-One Win at Deutsche Telekom
Audio Webcast: www.infinera.com, click on investors. Live Dial-in: 1-800-593-7215 (toll-free) 1-210-234-0004 (international) Passcode: Pic Telephone Replay: 1-800-937-6972 (toll-free) 1-402-220-3138 (international) No passcode.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 optical networks 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. Forward-Looking Statements 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 such as the expectations, plans, prospects, or financial results for Infinera, which include but are not limited to the outlook stated above, the benefits and capabilities of Infinera's Digital Optical Networks architecture, including its quality and reliability, Infinera's belief that the announcement with DT represents a major win with a Tier One carrier; Infinera's ability to add at least two new customers; Infinera's belief that we have not yielded any market share, and confidence in our ability to continue to add new customers during the rest of the year; Infinera's belief regarding the reasons for the moderation in growth anticipated for the third quarter; Infinera's belief that we continue to win in the marketplace and the reasons we continue to win, and other statements that 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 our ability to successfully install our DWDM system in Deutsche Telekom's network, 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, general political, economic and market conditions and events, including war, conflict or acts of terrorism; and other risks and uncertainties described more fully in our annual report filed on Form 10K filed with the SEC on February 19, 2008 and our public announcements, reports to stockholders and other documents 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 assume no obligation to update the forward-looking statements included in this press release, whether as a result of new information, future events or otherwise.
Contact Information: For further information: Media: Jeff Ferry Infinera Tel (408) 572-5213 jferry@infinera.com Investors: Bob Blair Infinera Tel. (408) 716-4879 bblair@infinera.com