Ikanos Velocity(R)-Uni VDSL2 Chipset Selected by Tier-One OEM to Enable Fiber-to-the-Distribution-Point (FTTdp) Applications Velocity(TM)-Uni, Combined With Ikanos Fusiv(R) Vx185 Home Gateway Processor, Delivers Up to 300Mbps Aggregate Performance, Driving Best-in-Class Broadband Data Rates for the Connected Home FREMONT, CA -- (Marketwired) -- 11/18/13 -- Ikanos Communications, Inc. (NASDAQ: IKAN), a leading provider of advanced broadband semiconductor and software products for the digital home, today announced that a tier-one OEM has selected the latest member of the Ikanos Velocity(R) processor family, Velocity(TM)-Uni, for its next-generation Passive Optical Network (PON) Optical Network Terminal (ONT) targeting FTTdp deployments. The combined unit functions as a media converter, terminating a PON fiber access line at the neighborhood distribution point and connecting to a standards-based VDSL2 gateway in the subscriber's residence. The single-port Velocity(TM)-Uni, when used in tandem with a Fusiv(R) Vx185-based home gateway, can deliver up to 300Mbps aggregate (combining upstream and downstream) line rate in FTTdp applications, at a distance of up to 200 meters. In addition, the low-power operation of Velocity(TM)-Uni enables reverse powering, in which the power needed for the media converter is supplied by the home gateway over the same copper line carrying the VDSL2 service. The superior performance of the Velocity(TM)-Uni VDSL2 chipset enables carriers to leverage their existing copper infrastructure for FTTdp applications -- where extending fiber from the distribution point to the subscriber's residence is either prohibitively expensive or the subscriber refuses to allow underground trenching through his property, connection through exterior walls, or in-residence fiber runs. With Velocity(TM)-Uni's 300Mbps aggregate line rate capability up to a distance of 200 meters, carriers can support a performance level comparable to that of fiber, at a fraction of the cost, for applications in which fiber cannot be extended to an ONT inside the subscriber's residence. "We are pleased to announce our first tier-one design win for Velocity(TM)-Uni only a few weeks after its official launch at this year's Broadband World Forum in Amsterdam," said Kou rosh Amiri, vice president of worldwide marketing at Ikanos. "While the industry prepares for the migration to G.fast, the next performance node in the evolution of the DSL standard, Ikanos has shown that providing data rates comparable to those of fiber for FTTdp deployments is achievable today with VDSL2, using its existing products, such as the Velocity(TM)-Uni and Fusiv(R) Vx185 chipset." Availability Velocity(TM)-Uni is sampling now. Volume production is expected in first quarter of 2014. For additional information about pricing and availability, please contact Ikanos at www.ikanos.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. Copyright 2013 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 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: not all design wins nor successful lab or field trials will result in revenue for us; macroeconomic conditions may cause our customers to defer purchasing plans or cancel any purchasing plans altogether despite design wins; 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 ability to develop commercially successful products as a result of our current research and development programs; 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; that our offering of standalone software, selling directly to telecommunications service providers, will generate any revenue for us or result in significant or any operational costs savings for the telecommunications service providers; 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 Annual Report on Form 10-K for the fiscal year ended December 30, 2012, our Quarterly Report on Form 10-Q for the third quarter ended September 29, 2013, and our Registration Statement on Form S-1 filed on August 23, 2013. Ikanos undertakes no obligation to update or revise these forward-looking statements to reflect events or circumstances subsequent to date of this press release. Ikanos Media Contact: Gary Good Trainer Communications 707-837-1718 Ikanos@trainercomm.com Investor Relations Contact: MKR Group, Inc. Todd Kehrli or Jim Byers (323) 468-2300 email@example.com
Ikanos Velocity(R)-Uni VDSL2 Chipset Selected by Tier-One OEM to Enable Fiber-to-the-Distribution-Point (FTTdp) Applications
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