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JDS UNIPHASE CORP
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JDS Uniphase Corporation : Infinera Selects JDSU 100G Test Solution for Infinera Express Global Demonstrations

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03/06/2012 | 03:54pm CEST

JDSU Solution Accelerates Development of Optical Transport Network-Based Systems and 100G Networks

Milpitas, Calif., March 6, 2012- JDSUannounced today that Infinera, a market leader in long-haul wavelength division multiplexing (WDM) optical networking technology, has selected the JDSU ONT 100G Tester Solutionto help ensure the high quality and reliability of its new Multi-Terabit DTN-X platform. Infinera will use JDSU's solution to validate the quality performance of its customers' 100G solutions while demonstrating the DTN-X platform on the Infinera Express, a mobile demo truck, during the Optical Fiber Communication Conference and Exposition (OFC), March 4-8, in Los Angeles.

The Infinera Express tours the globe to offer hands-on experience in cutting-edge optical transport innovation, like 500 Gb/s super-channels, coherent modulation and digital automation. It will use JDSU's 100G test solutions during these key field demonstrations with communications service provider customers and at industry forums worldwide.

"Successful 100G deployments are essential for service providers to meet the challenges resulting from growing traffic and ensure high quality of service for the end user," said Dr. Lars Friedrich, vice president and general manager in JDSU's Communications Test and Measurement business segment. "Infinera's demonstrations with JDSU's ONT 100G solution are a testament to our ongoing customer collaboration efforts to ensure that service providers receive high quality products and verify their performance before deploying 100G services in their network."

The explosion of network traffic, driven by the growing demand for video and other applications, exacerbates service quality challenges and contributes to the growing need for cost-effective transmission and switching technologies. JDSU's optical network tester (ONT) 100G solution simulates the complexities of live network traffic with a very high degree of accuracy. JDSU's ONT 100G solution is well positioned to demonstrate end customer benefits and technical advantages with its industry leading breadth and depth of functionality in all required areas such as physical layer testing, high speed Ethernet, IP and OTN switching.

"JDSU's 100G expertise has been central in the lab and the field to help ensure the success of our customers' trials," said Michael Capuano, vice president of corporate marketing at Infinera. "The ONT 100G solution helps test multiple client-side services of 10GbE, 40GbE and 100GbE on a line-side 500G super-channel on the DTN-X. Ultimately this enables our service provider customers to confidently deploy Infinera solutions maximizing efficiency of their optical transport network."

The DTN-X is industry's first multi-terabit packet-optical transport network platform based on the ground-breaking 500 Gb/s Photonic Integrated Circuits (PICs). It is purpose-built to integrate switching with DWDM without any trade-offs in capacity. The architecture of the DTN-X extends the ease of use and reliability of Infinera's successful DTN in a new multi-terabit platform that scales for the future, is simple to operate and efficiently reduces the number of elements in the network.

JDSU will exhibit its latest ONT 100G solutions at OFC at booth #1403. Infinera will showcase live operations on a pair of DTN-X systems in the Infinera Express stationed at booth #1158.

About JDSU
JDSU (NASDAQ: JDSU; and TSX: JDU) innovates and markets diverse technologies that enhance the way people experience the world every day. We enable fast, high-quality communications, secure financial transactions, reliable consumer electronics, green energy, differentiated brands and a host of other solutions. We provide these solutions through three business segments: Communications Test and Measurement, Communications and Commercial Optical Products, and Advanced Optical Technologies. To learn more about JDSU, please visit
www.jdsu.comandwww.jdsu.tv. Follow us onJDSU Perspectives,Twitter, Facebookand YouTube .

About Infinera
Infinera specializes in Digital Optical Networking systems that are designed to continually improve the economics of optical networking by combining the speed of optics with the simplicity of digital. Infinera is unique in its use of breakthrough semiconductor technology: Large Scale Photonic Integrated Circuit (PIC). Infinera's systems leverage PIC technology to provide customers with a service-ready architecture that enables faster time-to-revenue and greater profitability through network efficiency and the ability to rapidly deliver differentiated services without reengineering their optical infrastructure. For more information, please visit
http://www.infinera.com/ .

Contacts
Press/Industry: Bernie Tylor, +1 240-404-1913,
[email protected]
Investors: Cherryl Valenzuela, +1 408-546-4521,
[email protected]

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Financials ($)
Sales 2018 799 M
EBIT 2018 114 M
Net income 2018 43,9 M
Finance 2018 417 M
Yield 2018 -
P/E ratio 2018 53,11
P/E ratio 2019 33,34
EV / Sales 2018 2,20x
EV / Sales 2019 2,04x
Capitalization 2 175 M
Income Statement Evolution
Consensus
 
Mean consensus OUTPERFORM
Number of Analysts 11
Average target price 12,6 $
Spread / Average Target 32%
EPS Revisions
Managers
NameTitle
Oleg Khaykin President, Chief Executive Officer & Director
Richard E. Belluzzo Chairman
Ralph Rondinone SVP-Global operations & Network Service Enablement
Amar Maletira CFO, Principal Accounting Officer & Executive VP
Masood A. Jabbar Independent Director
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