Ikanos to Demonstrate Its Latest Technology for Next-Generation Connected Home Devices and Smart Home Applications at CES 2015
Marketwired
FREMONT, CA--(Marketwired - Dec 29, 2014) - Ikanos Communications, Inc. (NASDAQ: IKAN), a leading provider of advanced broadband semiconductor and software products for the connected home, today announced that it will demonstrate its latest technology targeting the burgeoning broadband gateway market and smart home applications at the 2015 Consumer Electronics Show in Las Vegas. The demonstrations will cover an array of functionalities delivered by Ikanos' Vx500 Fusiv-based gateway processors, including the latest in home automation and smart home applications, as well as recent advancements in its award-winning inSIGHT software suite, extending its capabilities to cover multi-mode gateways and gigabit WAN/LAN QoS features. Demonstrations will be held in Ikanos' private suite at the Westgate Las Vegas Resort (formerly LVH), Jan. 6-9, 2015.
In 2014, Ikanos' family of Fusiv gateway processors was selected by several global OEMs, including Comtrend, KAONMEDIA, Mako Networks, Sumitomo Electric and Ubee, to name a few, as the gateway processor of choice to enable their next-generation of integrated VDSL and multi-mode residential gateway products. The latest technological advancements in its access and gateway products, as well as the company's state-of-the-art inSIGHT software suite, position Ikanos to continue its momentum with global carriers and OEMs as the migration to gigabit connectivity and disruptions in home automation and multi-service gateways drive the adoption of next wave of ultra-broadband products.
The Fusiv Vx500 gateway processors offer high performance multi-mode broadband access, with gigabit connectivity in FTTH applications and up to 400Mbps aggregate data rates for Cat 7 LTE wireless broadband connectivity. With up to 11GHz of offload processing for cloud access, dual-band, dual-concurrent WiFi acceleration for gigabit 802.11ac, smart LAN management and QoS, and secure content processing and distribution, Ikanos' Vx500 family offers the ideal platform for global OEMs to address multiple carrier and retail gateway applications leveraging the same underlying hardware platform and software investment. In addition, the processors accelerate the company's industry-leading diagnostics and analytics software suite, inSIGHT BXM, ensuring quick resolution of home networking issues. inSIGHT gives consumers and carrier personnel an intuitive user interface that enables quick, local or remote resolution of noise interference and wiring problems, minimizing the need for service calls or truck rolls, and resulting in lower carrier OpEx and an improved consumer quality of experience.
"Our design win momentum with leading global carriers and OEMs to power their next-generation gateway platforms has once again provided proof of our market position as a technology leader," said Omid Tahernia, president and CEO of Ikanos. "For carriers worldwide, the new bar for home gateway acceptance is high sustainable performance, always-on and secure connectivity, and accurate and reliable visibility into the health of the broadband access and home network. We believe that this combination will continue to create high demand and increasing carrier preference for our home gateway products and inSIGHT software suite."
To arrange a meeting or see a live demonstration of Ikanos products at CES 2015, please visit 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 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.
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, choice of gateway processor, or successful lab or field trials will result in revenue for us; that the deployment of inSIGHT will provide carriers with lower OpEx or improve the consumer's quality of experience; 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 29, 2013 and 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.
