GlobeNewswire Inc | Nov 3, 2021 04:00AM EDT

November 03, 2021

SAN JOSE, Calif., Nov. 03, 2021 (GLOBE NEWSWIRE) -- stc and Infinera (NASDAQ: INFN) announced today an agreement to deploy Infineras industry-leading ICE6 800G-capabletechnology on stcs submarine cable networks enabling new regional and international connectivity services and infrastructure development including the development of cognitive cities.

stc is the leading telecommunications and wholesale service provider in the Middle East, offering national and international services over all major international cable systems that pass through the region.

This project will expand stcs international network, using Infineras ICE6 800G-capable technology and GX Series Compact Modular Platform. These development projects will increase the capacity of the international network by 10-fold based on initial design capacity.

This substantial increase will meet rapidly growing bandwidth demands by providing the greatest capacity at the greatest reach, resulting in lower cost and power per bit and higher spectral efficiency.

With rapid increase in demand and the requirement to accelerate and strengthen connectivity between Kingdom of Saudi Arabia and Europe, Infineras 800G submarine network solution will enable us to meet the exponential growth of international connectivity while improving reliability, said Mohammed A. Alabbadi, stc, Chief Wholesale Officer. ICE6 will also enable the expansion and diversification of cloud services in the region and around the world, and this technology is ideal for our upcoming projects 2Africa and Saudi Vision Cable.

stcs selection of Infineras GX Series Compact Modular Platform featuring ICE6 technology sets them up for success to meet growing bandwidth demands in the Middle East. ICE6 provides stc with the greatest spectral efficiency and best overall economics, which will enable stc to deliver on critical projects in the region, said Nick Walden, Senior Vice President, Worldwide Sales, Infinera. This initiative will pave the way for new and exciting digital opportunities throughout the Middle East.

Contacts:

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

Infinera Investors:Amitabh PassiTel. +1 (669) 295-1489apassi@infinera.com

About InfineraInfinera is a global supplier of innovative open optical networking solutions that enable carriers, cloud operators, governments, and enterprises to scale network bandwidth, accelerate service innovation, and automate network operations. Infinera solutions deliver industry-leading economics and performance in long-haul, submarine, data center interconnect, and metro transport applications. To learn more about Infinera, visit www.infinera.com, follow us on Twitter and LinkedIn, and subscribe for updates.

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

This press release contains forward-looking statements, including but not limited to the technical, financial and operational benefits of Infineras ICE6 800G coherent technology and GX Series Compact Modular Platform. These statements are not guarantees of results and should not be considered as an indication of future activity or future performance. Actual results may vary materially from these expectations as a result of various risks and uncertainties. Information about these risks and uncertainties, and other risks and uncertainties that affect Infineras business, is contained in the risk factors section and other sections of Infineras Quarterly Report on Form 10-Q for the Fiscal Quarter ended June 26, 2021 as filed with the SEC on August 3, 2021, as well as any subsequent reports filed with or furnished to the SEC. These reports are available on Infineras website at www.infinera.com and the SECs website at www.sec.gov. Forward-looking statements include statements regarding our expectations, beliefs, intentions or strategies and can be identified by words such as anticipate, believe, could, estimate, expect, intend, may, should, will, and would or similar words. Infinera assumes no obligation to, and does not currently intend to, update any such forward-looking statements.