Ikanos Communications Captures Investors' Choice Award for the Second Year in a Row.Business Editors/High-Tech Writers
FREMONT, Calif.--(BUSINESS WIRE)--March 15, 2004
VentureWire Names Ikanos Communications Ikanos Communications Inc. (NASDAQ: IKAN) develops chipsets that enable carriers to offer Fiber Fast™ bandwidth and high-speed network processing for enhanced triple play services. as One of the 'Top Ten
Start-ups' At the Network Outlook Conference
Ikanos Communications, developer of Smart Silicon For Profitable Broadband(TM), has received VentureWire's Investors' Choice award for the second consecutive year at the 2004 Network Outlook private equity conference held outside San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden last week. Ikanos was one of ten award winners selected from 72 privately held companies privately held company
A firm whose shares are held within a relatively small circle of owners and are not traded publicly. that were invited to present their business plans at the conference. The companies were selected as most likely to succeed by an audience of more than 300 investors, executives, and entrepreneurs.
"It is a great honor to receive this recognition once again and to be seen by our peers as a company with continued growth and worldwide success," said Rajesh Vahsist, president and chief executive officer of Ikanos. "During the early stage of the company we had the foresight to focus our sales efforts in the booming broadband market in Japan and Korea. Our focus in this market has paid off for the company. To date we have shipped more than two million ports of our VDSL-DMT VDSL-DMT Very-High-Bit-Rate Digital Subscriber Line-Discrete Multi-Tone and Fiber-to-the-home (FTTx) solutions. The company also continues to exceed its own revenue plan and has experienced sequential revenue growth since the second half of 2003. With this foundation, we are poised for significant growth in the coming years."
Now in its twelfth year, the Network Outlook conference examines strategies that can generate revenue and profits in a difficult market environment and the technologies, services, and products that will enable carriers and enterprises to maximize the value of their networks. Topics at this year's conference included opportunities in residential broadband connections, regulatory changes and competitive issues that improve the prospects for new digital services by telecommunications companies and cable operators alike, and the increased adoption of IP telephony The two-way transmission of voice over a packet-switched IP network, which is part of the TCP/IP protocol suite. The terms "IP telephony" and "voice over IP" (VoIP) are synonymous. and other new enterprise technologies. The conference is organized by VentureWire, part of the Dow Jones Dow Jones
the best known of several U.S. indexes of movements in price on Wall Street. [Am. Hist.: Payton, 202]
See : Finance Newsletters group at Dow Jones & Co.
About Ikanos Communications
Founded in 1999 and based in the Silicon Valley, Ikanos Communications develops and markets highly programmable chipsets that exceed 100 Mbps over a single copper pair. Ikanos' silicon solutions enable access equipment vendors to serve many different customers while slashing time to market and lowering development, manufacturing, and inventory costs.
Ikanos is the first mover in the Fiber Extension over Copper market and was the first to introduce VDSL-DMT over Copper in a high port density solution. Ikanos works closely with both equipment vendors and carriers worldwide to optimize its technology for each market. To date, Ikanos' technology is deployed in the world's largest carrier networks throughout Japan, Korea and in Europe.
Ikanos' comprehensive offering encompasses silicon, embedded software, reference designs, high-level APIs, and extensive documentation. Ikanos is a member of, and contributes to, ANSI (American National Standards Institute, New York, www.ansi.org) A membership organization founded in 1918 that coordinates the development of U.S. voluntary national standards in both the private and public sectors. It is the U.S. member body to ISO and IEC. , the IEEE (Institute of Electrical and Electronics Engineers, New York, www.ieee.org) A membership organization that includes engineers, scientists and students in electronics and allied fields. 802.3 EFM (Ethernet in the First Mile) Using Ethernet to provide connectivity from the customer to the carrier. See 802.3ah. Study Group, DSL Forum, and ITU-T See ITU.
ITU-T - International Telecommunications Union . For additional information about Ikanos, please visit the web site at www.ikanos.com or contact, Jeannette Bitz at Engage PR, email@example.com, 510-748-8200 ext. 207.
Ikanos Communications, Ikanos, and the Ikanos logo design are trademarks of Ikanos Communications.