SOURCE: Ikanos Communications

Ikanos Communications

January 05, 2015 09:00 ET

ST&T Selects Ikanos Multi-Mode Gateway Processor for Its Next-Generation Smart-Home Platform

Ikanos Fusiv® Vx500 Processors to Power ST&T Smart-Home Applications for Carriers and OEMs

LAS VEGAS, NV--(Marketwired - Jan 5, 2015) - CES -- Ikanos Communications, Inc. (NASDAQ: IKAN), a leading provider of advanced broadband semiconductor and software products for the connected home, today announced that ST&T, a leading broadband solutions provider, has selected the Ikanos Fusiv® Vx500 family chipset for its next generation of high-performance gateway platforms targeting a range of home automation, monitoring and other smart-home applications. ST&T has a track record of providing home automation products to top global OEMs and carriers, including Honeywell, AT&T and NTT. ST&T will port its smart-home software stack onto the Fusiv Vx575 gateway processor, and will use the flexible architecture and its powerful acceleration engines to leverage its software investment into multiple carrier and retail products.

ST&T selected the Ikanos Fusiv Vx500 family for its high performance, versatility and scalability in addressing a wide range of smart-home products. ST&T's gateway platform will enable the consumer to take an active role in home automation and control, including monitoring and managing home energy consumption and key home security features, directly from their smart phone or tablet devices at any time. ST&T will also implement Ikanos' iTSS, an embedded software platform that takes advantage of Fusiv's acceleration processors. Built around the Ikanos Fusiv family of multi-mode broadband-gateway chipsets, iTSS takes advantage of all the benefits of the chipsets' native features, including flexible WAN interfaces, dual-band concurrent Wi-Fi with gigabit performance, line-rate Ethernet support and carrier-grade voice. iTSS also provides complete network management modules, a full voice SIP stack, and end-user features such as home network topology mapping.

"The partnership with Ikanos will allow ST&T to expand our leadership and commitment to delivering advanced home networking and automation products to our carrier and retailer partners -- products that consumers need in order to empower their smart homes while providing additional security and reducing costs," said Tony Li, president of ST&T. "Ikanos chipsets and flexible software enable us to continue building on our powerful smart-home platform and increase the capabilities of our applications."

ST&T provides smart-home platforms designed to address next-generation carrier requirements for home automation, energy management and security and monitoring. ST&T's Ikanos-based platforms are expected to be introduced to the market in the second half of 2015, targeting retailers and global carriers.

"Smart-home applications offer a tremendous opportunity for new revenue streams for service providers and are expected to experience rapid adoption over the next several years," said Kourosh Amiri, vice president of marketing at Ikanos. "Ikanos is proud to support ST&T in its effort to meet the rising global demand for smart gateways. We look forward to a long and productive partnership with ST&T as we closely work together to deliver state-of-the-art networking products for home automation, security and monitoring, and other smart-home applications."

About ST&T
ST&T is a leading Taiwan-based broadband solutions provider in digital home entertainment. ST&T's vision for the consumer experience is to enable people to live a broadband lifestyle that is more relaxing, simpler, and more fun. ST&T offers a broad portfolio of products, such as the HD media link entertainment system as well as smart plug, smart grid and broadband access devices. ST&T created and patented their core technology for home entertainment networks and broadband connections. They enable secure and intelligent functionality for enterprise, consumer and service provider applications. ST&T was founded in 1991 and is headquartered in Tainan Science Park, Taiwan. They are primarily engaged in the design, manufacture and sale of products used in home networking, telecommunication, energy management and consumer electronics. For additional information, please visit www.stt.com.tw.

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.

© 2015 Ikanos Communications, Inc. All Rights Reserved. Ikanos Communications, Ikanos and the Ikanos logo, the Bandwidth without Boundaries tagline, Fusiv, iTSS, 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 our financial performance and 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: the delayed introduction of end products containing our semiconductors to the market; the rate of adoption of smart-home solutions generally and our products specifically; macroeconomic conditions may cause our customers to defer purchasing plans or cancel any purchasing plans altogether; our ability to translate customer demand into revenue; our ability to deliver full production releases of our newer products and the acceptance of those products by our customers and telecommunications service providers; that production ramps by our customers will continue at the same rate or at all; the continued demand by telecommunications service providers for our specific xDSL semiconductor products; the failure of telecommunications service providers to implement deployment plans on schedule, or at all, despite design wins or successful lab or field trials; our continued ability to obtain and deliver production volumes of new and current products and technologies; our ability to generate demand and close transactions for the sale of our products; our reliance on third parties to manufacture the products we sell; competition in the markets in which we operate; risks associated with doing business abroad, including foreign currency risks; the fact that the products we sell may not satisfy shifting customer demand or compete successfully with our competitors' products; and unexpected future costs, expenses, and financing requirements. 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 third quarter ended September 28, 2014. Ikanos undertakes no obligation to update or revise these forward-looking statements to reflect events or circumstances subsequent to date of this press release.