SOURCE: Ikanos Communications

Ikanos Communications

October 15, 2014 09:00 ET

FiberHome Selects Ikanos Velocity-3 Chipset to Deliver High-Speed Broadband Solutions to Carriers in Multiple Geographies, Including China

Velocity-3's High Performance Enables FiberHome to Bring Differentiated Access Solutions to the Market and to Extend its Competitive Position with Carriers

FREMONT, CA--(Marketwired - Oct 15, 2014) - Ikanos Communications, Inc. (NASDAQ: IKAN), a leading provider of advanced broadband semiconductor and software products for the connected home, today announced that FiberHome has adopted its Velocity-3 vectoring chipsets to drive significantly higher data rates as a key differentiating feature in its suite of industry-leading, high-performance MSAN/MDUs (Multi-Service Access Node / Multi-Dwelling Unit). FiberHome, a leading product manufacturer and solution provider for information technology and telecommunications throughout Asia, is beginning to deploy the Velocity-3 chipset in its AN5000 series MSAN/MDU products, targeted to be used by carriers and service providers in and beyond China to deliver high-speed broadband access.

FiberHome is a leader in the optical communication industry in China, with more than 30 percent market share in the infrastructures of China Telecom and China Unicom, the world's largest broadband carriers. FiberHome's products have been exported to more than 80 countries worldwide, with a strong presence in Latin America and Asia. The company's flagship AN5000 series MSAN/MDU has been widely deployed, providing DSL service as the last-mile access with fiber feed. Upgrading the systems to higher-speed vectored VDSL2 with faster uplinks enables FiberHome to capture the broadband momentum in China and all of its target regions.

"Our partnership with Ikanos ushers in a new generation of high-performance, highly scalable broadband systems as we expand our industry-leading portfolio of high-speed access solutions," said Mr. Xiong WeiCheng, Director of Access Network Product Line, at FiberHome. "The power and flexibility of Ikanos silicon architecture, combined with our market-leading access network technology, allows FiberHome to deliver differentiated solutions enabling carriers to seamlessly migrate to even higher performance while defying cost escalation in their broadband networks."

Velocity-3's scalable architecture is designed to support a wide range of node sizes, with a high-end system reaching up to 384 lines of vectored VDSL2. Powered by the innovative Ikanos chipset, the FiberHome AN5006-20/30 can achieve up to 110Mbps downstream bandwidth at 500 meters using Ikanos' patented Velocity-3 NodeScale vectoring technology. Its highly scalable architecture can power a range of configurations and port counts in hybrid-fiber-copper access networks. The Velocity-3 architecture enables simple field upgrades of deployed equipment, allowing carriers to build on China's existing, proven broadband access infrastructure, and to simplify network maintenance and service upgrades post-deployment.

"FiberHome is among the top network equipment manufacturers in the world's largest telecom market, and is in the forefront of OEMs that drive the technology adoption curve," said Kourosh Amiri, vice president of marketing at Ikanos. "The pace of change in broadband networks has never been greater, as OEMs and carriers feel the pressure to build faster networks, quenching consumer demand for bandwidth. We're proud to count FiberHome, one of the world's leading broadband innovators, as a partner and a customer."

About FiberHome
FiberHome Technologies Group is a leading product manufacturer and solution provider in the field of information technology and telecommunications. As the major high-tech enterprise directly affiliated to the State-owned Assets Supervision and Administration Commission of the State Council, FiberHome Technologies is the core enterprise located in Wuhan Optics Valley of China.

FiberHome Technologies was established in 1974. Through continuous and intensive development for over 40 years, our business scope has been extended to R&D, manufacturing, marketing & sales, engineering and service in four major industries: fiber-optic communications, data networking communications, wireless communications, and intelligentizing applications. Furthermore FiberHome Technologies is the unique supplier globally for end-to-end solutions with optoelectronic devices, optic fiber & cable, and optical communication systems.

About Ikanos Communications, Inc.
Ikanos Communications, Inc. (NASDAQ: IKAN) is a leading provider of advanced broadband semiconductor and software products for the connected 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, 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 under the Private Securities Litigation Reform Act of 1995
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 may be identified by the words "expect," "intend," "plan," "believe," "anticipate," "estimate," and similar expressions, and 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, as well as statements regarding the anticipated deployment of our products.

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, whether the deployment of our chipset will occur at the rate anticipated, or at all; whether the products utilizing our chipset will be successful in the marketplace at the level anticipated, or at all; market acceptance of our products; timely transition to new products; our ability to manage operating expenses; whether revenue generated by our mature products will decline at a rate greater than anticipated; whether new designs and design wins will result in sales of our products at the levels anticipated, or at all; that our carrier trials will be successful and, if successful, will eventually result in field trials or market deployments; that the delays in new customer product ramps will continue for longer than anticipated; that the rate of acceptance of our new and future products by our customers and telecommunications service providers may be lower than anticipated; our ability to complete future products when anticipated or at all; macroeconomic or other conditions which may cause our customers to defer purchasing plans or cancel any purchasing plans altogether despite successful design wins or successful field trials; the continued demand by telecommunications service providers for our specific xDSL semiconductor products; our ability to continue to effectively manage our business, operating expenses, and cash position; the failure of telecommunications service providers to implement deployment plans on schedule, or at all, despite increased performance results; our ability to generate demand and close transactions for the sale of our products; competition in the markets in which we operate; and the fact that 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 Quarterly Report on Form 10-Q for the quarter ended June 29, 2014 filed on August 8, 2014.