SOURCE: Ikanos Communications

Ikanos Communications

September 15, 2014 09:00 ET

Ikanos and Sumitomo Electric Partner to Extend High-Speed Broadband to Demanding Commercial Applications

Ikanos' Broadband Technology Helps Sumitomo Electric Enhance Its Position as a Premier Enabler of Broadband Networks and Services in Japan

FREMONT, CA--(Marketwired - Sep 15, 2014) -   Ikanos Communications, Inc. (NASDAQ: IKAN), a leading provider of advanced broadband semiconductor and software products for the digital home, today announced that its access and gateway chipsets, including the Fusiv® gateway processor, will provide the enabling architecture for Sumitomo Electric's high-speed broadband networks throughout many of the company's service areas in Japan. Sumitomo Electric will deploy the chipsets in its central office equipment and gateways designed to extend broadband service into commercial venues, such as golf courses, hotels, hospitals, schools and other institutions in which broadband service is required.

"Sumitomo Electric is proud to partner with Ikanos to provide high-speed broadband that benefits all of our customers," said Dr. Hiroshi Hamada, General Manager of Network Products Department, Network Systems Division, Sumitomo Electric. "The partnership of Sumitomo Electric and Ikanos is built on years of proven technology leadership by Ikanos and the resulting successful broadband service deployments throughout Japan. We take great pride in delivering market-leading broadband performance to customers throughout our service areas."

Japan has remained at the leading edge of delivering broadband services, adopting new technologies to drive higher speeds by bringing fiber deeper into its network and leveraging its hybrid-copper-fiber network topology to bring high-speed broadband services to as many subscribers as possible. Sumitomo Electric is a premier provider of such advanced technology, and is now leveraging its expertise and experience, in partnership with Ikanos, to accelerate broadband deployments in the commercial sector in Japan.

"Sumitomo Electric's dedication to performance and continuous innovation has allowed it to achieve impressive growth in its customer base," said Kourosh Amiri, vice president of marketing at Ikanos. "We're very proud to be counted as one of Sumitomo Electric's trusted suppliers, and to continue our partnership with Sumitomo Electric to accelerate broadband growth wherever it does business."

About Sumitomo Electric Industries, Ltd.

Sumitomo Electric Industries, Ltd. designs, manufactures and sells optical fibers, cables, components, advanced electronic devices, and automotive parts. Through successful strategies of research and diversification, Sumitomo Electric has become one of the world's leading companies at the forefront of the revolution in information and communications. Sumitomo Electric's world-class research and manufacturing capabilities in optical technology continue to expand and strengthen the product portfolio while maintaining industry leading levels of reliability. The company has global operations in more than 40 countries with over 220,000 employees. Sumitomo Electric reported group net sales of $25 billion for the fiscal year ended March 2014.

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.