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This Prospectus has been prepared and is made available solely for the purpose of the Offer to Infinera’s employees in Sweden to participate in the ESPP. The information in the Prospectus is only provided in contemplation of the Offer and may not be used for any other purpose. Consequently, this Prospectus is not addressed to persons in, and the Prospectus may not be published or distributed in or into, any country or other jurisdiction where such action would require additional prospectuses, registration or measures besides those required by Swedish law, or otherwise would be in conflict with applicable regulations. Any failure to comply with such restrictions may result in a violation of applicable securities regulations.

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Nasdaq: INFN 4.99 +0.19 ( +3.96% ) Volume: 1,778,360 Delayed 20 minutes February 15, 2019

Infinera Appoints Former Oclaro CEO Greg Dougherty to Board of Directors

January 29, 2019

SUNNYVALE, Calif., Jan. 29, 2019 (GLOBE NEWSWIRE) -- Infinera, provider of Intelligent Transport Networks, today announced the appointment of Greg Dougherty to its board of directors, effective immediately. Mr. Dougherty brings to the board a proven track record of executive leadership and extensive experience in the optical communications industry, along with strong operational expertise in the development of innovative optical component products and technologies.

“We are pleased to welcome an executive of Greg’s caliber to our board of directors,” said Kambiz Hooshmand, Infinera Chairman of the Board. “Greg’s deep industry knowledge and expertise will be invaluable as we move forward with a broader set of end-to-end solutions, greater scale and expanded relationships with the world’s leading network operators. His insights and guidance will be tremendous assets to the company and our stockholders.”

Mr. Dougherty served as Chief Executive Officer of Oclaro from June 2013 until its acquisition by Lumentum in December 2018. He also served as a director of Oclaro from April 2009 to the completion of the sale in December 2018. Prior to Oclaro, Mr. Dougherty served as a director of Avanex Corporation, a leading global provider of intelligent photonic solutions, from April 2005 to April 2009, when Avanex and Bookham merged to become Oclaro. Mr. Dougherty also served as a director of Picarro, Inc., a manufacturer of ultra-sensitive gas spectroscopy equipment using laser-based technology, from October 2002 to August 2013, and as its Interim Chief Executive Officer from January 2002 to April 2004. He also served as a board member of the Ronald McDonald House at Stanford from January 2004 to December 2009, and the Bay Area Make-A-Wish Foundation. Earlier in his career, Mr. Dougherty served as the Chief Operating Officer at SDL from 1997 to 2001, when the company was acquired by JDS Uniphase Corporation, where he continued in the role until 2002. From 1989 to 1997, Mr. Dougherty was the Director of Product Management and Marketing at Lucent Technologies Microelectronics in the Optoelectronics Strategic Business Unit.

“I’m honored to join the Infinera board,” said Mr. Dougherty. “I look forward to working closely with Tom and the entire Infinera leadership team at a time when the company’s distinguished heritage of innovation puts it in a unique position to redefine transport networks for a new generation of communications services.”

It was also announced that John P. Daane, a member of the Infinera board of directors since January 2016, will not stand for reelection at the upcoming 2019 Annual Meeting of Stockholders.

“On behalf of the entire board, and everyone at Infinera, I would like to thank John for his service and valuable contributions to the company,” said Mr. Hooshmand. “We wish him the best in his future endeavors.”

Contacts:

Media:
Anna Vue
Tel. +1 (916) 595-8157
avue@infinera.com

Investors:
Jeff Hustis
Tel: + 1 (408) 213-7150
jhustis@infinera.com

About Infinera
Infinera (NASDAQ: INFN) provides Intelligent Transport Networks, enabling carriers, cloud operators, governments and enterprises to scale network bandwidth, accelerate service innovation and automate optical network operations. Infinera’s end-to-end packet-optical portfolio is designed for long-haul, subsea, data center interconnect and metro applications. To learn more about Infinera visit www.infinera.com, follow us on Twitter @Infinera and read our latest blog posts at www.infinera.com/blog.

Infinera and the Infinera logo are registered trademarks of Infinera Corporation.

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Source: Infinera Corporation