SOURCE: Ikanos Communications

Ikanos Communications

October 07, 2014 09:00 ET

Ikanos Communications Announces New Vice President of Business Development and Carrier Relations

Alcatel-Lucent Veteran Lionel Adnet Joins Ikanos to Drive Continued Expansion of Company's Leading Broadband Chipset and Software Technology

FREMONT, CA--(Marketwired - Oct 7, 2014) - Ikanos Communications, Inc. (NASDAQ: IKAN), a leading provider of advanced broadband semiconductor and software products for the connected home, today announced that Lionel Adnet has joined the company as vice president of business development and carrier relations. Adnet will spearhead the company's initiatives to drive increased acceptance of its award-winning broadband access technology among global carriers and leading OEMs.

Adnet has more than 25 years of experience in the telecom industry and joins Ikanos from Technicolor's Connected Home Division, where he was vice president of worldwide product management. Prior to Technicolor, he served in a senior position for Huawei, leading the technical sales team for the fixed network division in the United States. He has also held multiple leadership positions for Alcatel and Alcatel-Lucent Fixed Broadband division from 1999 through 2010, notably developing Alcatel-Lucent's DSL business in Asia Pacific and Gigabit Passive Optical Network (GPON) Ultra Broadband Fiber to the Premises business around the world. Adnet earned a Master of Science in electrical engineering from Columbia University, and an engineering degree from Ecole Centrale de Lyon, France.

"The unprecedented growth in global demand for broadband capacity and services for the connected home presents broadband innovators a golden opportunity to expand their technology base and increase market share," said Omid Tahernia, CEO of Ikanos. "As a leading innovator in broadband technology, we continue to strengthen our leadership team as a strong indication of our growing momentum in the market. A seasoned veteran with amazing accomplishments in broadband access, Lionel brings a wealth of experience and domain expertise to Ikanos. We are absolutely thrilled to have him on-board."

"I am very excited to join the Ikanos team," said Adnet. "I've watched the company forge impressive relationships with OEMs and carriers, including the latest collaboration with Alcatel-Lucent, and I look forward to building on the company's position of strength as worldwide demands for innovative broadband technology proliferate."

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.

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