BARCELONA, SPAIN--(Marketwired - Feb 24, 2014) - Ikanos Communications, Inc. (NASDAQ: IKAN), a leading provider of advanced broadband semiconductor and software products for the digital home, today announced its first LTE gateway design win for the recently introduced Fusiv® Vx575 chipset. Comtrend, a leading global provider of advanced networking solutions, selected the Fusiv® Vx575 processor for its next-generation LTE gateway platform. The announcement marks a major move by Ikanos to expand its suite of high-performance gateway processors beyond the DSL market and into the growing wireless segment, which continues to experience one of the highest compounded annual growth rates among networking technologies.
Powered by the Ikanos Vx575 family processors, the Comtrend platform is one of the first residential gateways in the industry to support Category 7 LTE data rates, reaching up to an aggregate rate of 400Mbps. In addition to the ten high-performance and low-power Fusiv® co-processor engines, the architecture is designed with a high-performance SMP dual-core CPU subsystem. Each CPU packs up to 1.2GHz of processing power for carrier and OEM customization and differentiation.
The design win with Comtrend reaffirms Ikanos' market-leading position in intelligent gateway technology and expands the company's addressable market to include LTE wireless gateways. The Fusiv® processor's distributed architecture provides solution providers sufficient headroom for growth, allowing the chip's host processors to support a breadth of carrier-specific applications while using multiple dedicated co-processors to off-load functions as diverse as cloud access, high-performance wireless content distribution within the home or enterprise, and network-attached storage (NAS). In addition, the platform also supports carrier-grade voice functionality (VoLTE).
"Our partnership with Ikanos has resulted in what we believe will be one of the most full-featured, highest-performing LTE residential gateways in the market," said John Hsieh, Marketing Director for Comtrend. "LTE is driving massive growth in demand for high-powered home gateways. Ikanos' multi-mode gateway platform is a great enabler for us to address this market demand, while creating the foundation for addressing multiple WAN access technologies in our residential gateway roadmap."
"We are very happy to be selected by Comtrend as the processor of choice for its next-generation LTE gateway platform," said Kourosh Amiri, Vice President of Marketing at Ikanos. "The introduction of the Vx57x multi-mode gateway processor family at CES earlier this year was a major step for Ikanos in expanding our addressable market beyond DSL, which has historically been the focus of the company. We are very excited about this collaboration with Comtrend, as they share our vision and commitment to bringing highly innovative broadband gateway solutions to the market."
The new Ikanos-based LTE gateway platform from Comtrend will be available in the second quarter of 2014.
Founded in 1990, Comtrend has become one of the leading global providers of advanced networking solutions. Totaling more than 20 million CPE and new software services, Comtrend is the technology partner of choice for carriers worldwide. Comtrend designs, manufactures, and markets a wide range of networking equipment consisting of bonded DSL, both ADSL2+ and VDSL2, as well as GPON, STBs, VOIP and home networking technologies. Bringing value to consumers through our service provider customers across the world, Comtrend is committed to industry standards, interoperability and market-leading performance. Comtrend's vision is to bring people together with technology through a focus on innovation and superior service. The company has its North American headquarters in Irvine, California. For more information please visit http://www.comtrend.com.
About Ikanos Communications, Inc.
Ikanos Communications, Inc. (NASDAQ: IKAN) is a leading provider of advanced broadband semiconductor and software products for the digital home. The company's broadband DSL, communications processors and other offerings power access infrastructure and customer premises equipment for many of the world's leading network equipment manufacturers and telecommunications service providers. For more information, visit www.ikanos.com.
© 2014 Ikanos Communications, Inc. All Rights Reserved. Ikanos Communications, Ikanos and the Ikanos logo, the Bandwidth without Boundaries tagline, Fusiv, Neos, inSIGHT, Ikanos Velocity and Ikanos NodeScale are among the trademarks or registered trademarks of Ikanos Communications. All other trademarks mentioned herein are properties of their respective holders.
Safe Harbor Statement
Some of the statements included in this press release constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You should not place undue reliance on these statements. These forward-looking statements include statements that reflect the current views of our senior management with respect to future events with respect to our business and our industry in general. Statements that include the words "expect," "intend," "plan," "believe," "anticipate," "estimate," and similar statements of a future or forward-looking nature identify forward-looking statements.
Forward-looking statements address matters that involve risks and uncertainties. Accordingly, there are or will be important factors that could cause our actual results to differ materially from those indicated in these statements. We believe that these factors include, but are not limited to, the following: macroeconomic or other factors that may cause our customer to defer, or cancel altogether, any purchasing plans despite a successful design win; the demand by end customers for the specific features provided by our semiconductor products; the continued growth rate of the gateway processor market, and the wireless segment of that market; our ability to deliver full production releases of our new products; the availability of the gateway platform in the second quarter of 2014; the emergence of competing technologies; the acceptance of our new products by our customers and telecommunications service providers; the failure of telecommunications service providers to implement deployment plans on schedule, or at all; our ability to generate demand and close transactions for the sale of our products; intense competition in the markets in which we operate; and the products we sell may not satisfy shifting customer demand or compete successfully with our competitors' products. For a more detailed discussion of how these and other risks and uncertainties could cause our actual results to differ materially from those indicated in our forward-looking statements, see our reports filed with SEC (available at www.sec.gov), including our Registration Statement on Form S-1 filed on August 23, 2013 and subsequently amended.