To arrange a one-on-one meeting with Ikanos management at the conference, please contact a B. Riley sales person, or the MKR Group, Ikanos’ investor relations firm, at IKAN@mkr-group.com.

Conference Details:

• B. Riley & Company 14^th Annual Investor Conference
• May 20-22, 2013
• Loews Santa Monica Beach Hotel
• More information can be found at http://brileyco.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.

###

© 2013 Ikanos Communications, Inc. All Rights Reserved. Ikanos Communications, Ikanos, the Ikanos logo, the Bandwidth without boundaries tagline, Fusiv, Ikanos Velocity and NodeScale Vectoring are among the trademarks or registered trademarks of Ikanos Communications. All other trademarks mentioned herein are properties of their respective holders.

Contact:
MKR Group, Inc.
Investor Relations
Todd Kehrli or Jim Byers
323.468.2300
IKAN@mkr-group.com

FREMONT, Calif., May 6, 2013 — Ikanos Communications, Inc. (NASDAQ: IKAN), a leading provider of advanced broadband semiconductor and software products for the digital home, today announced that Stu Krometis has joined the company as its new vice president of sales.  Mr. Krometis will report to Omid Tahernia, president and CEO, and will lead the company’s global sales and applications engineering teams.

With more than 20 years of experience in the semiconductor industry, Krometis joins Ikanos from Cavium, where he led all sales activities in the Asia-Pacific region as vice president of APAC sales. Krometis has a successful track record in selling highly integrated SOCs for networking and consumer applications. He has managed major global accounts and led sales teams in North America, Europe, and Asia. Under his management of Cavium’s Global Strategic Accounts, he closed several design wins that grew the accounts’ revenue by more than 50 percent over the last three years. In addition, he extended Cavium’s distributor and ODM strategies in Taiwan, facilitating the development of better turnkey hardware and software solutions to reduce time-to-market for OEMs.

“Ikanos is well positioned to meet the growing consumer demand for greater bandwidth and broadband connectivity,” said Krometis. “I am honored to join an innovative leader that is executing on its vision of powering the digital home of today and tomorrow, while delivering the highest level of customer satisfaction.”

“With growing demand for our new Velocity-3 NodeScale™ Vectoring VDSL chipset and CPE products, it is critical that we deliver our customers first-class sales and applications engineering support,” said Tahernia. “With his proven experience in selling complex chipset solutions and his passion and urgency to achieve our business growth objectives, Stu will lead the coordinated end-to-end support for our global customer base.”

Krometis was at Cavium for eight years and was senior director of global accounts and EMEA sales prior to his most recent position as vice president of APAC sales. Before joining Cavium, Krometis served in various sales roles at AMCC, including Cisco global account management. Krometis has a BBA from Roanoke College.

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.

###

© 2013 Ikanos Communications, Inc. All Rights Reserved. Ikanos Communications, Ikanos, the Ikanos logo, the Bandwidth without boundaries tagline, Fusiv, Ikanos Velocity and NodeScale Vectoring are among the trademarks or registered trademarks of Ikanos Communications. All other trademarks mentioned herein are properties of their respective holders.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995
This press release contains forward-looking statements that are subject to risks and uncertainties concerning Ikanos Communications, including statements regarding demand for our products, customer acceptance of our products, future sales success and other anticipated growth. Actual events or results may differ materially from those described in this document due to a number of risks and uncertainties. These potential risks and uncertainties include, but are not limited to, macroeconomic conditions which may cause our customers to defer purchasing plans, our ability to deliver full production releases of our newer products and the acceptance of those products by our cu1stomers, the continued demand by telecommunications service providers for specific xDSL semiconductor products, the failure of service providers to implement deployment plans on schedule or at all, 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 ability to successfully execute our restructuring plan, and unexpected future costs, expenses and financing requirements. In addition, for a more extensive discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see the section entitled “Risk Factors” in our Annual Report on Form 10-K  for the fiscal year ended December 30, 2012 filed with  the Securities and Exchange Commission (SEC) on February 28, 2012 and our Quarterly Report on Form 10-Q for the fiscal quarter ended March 31, 2013 filed with the SEC on May 2, 2013, as well as other reports that Ikanos files from time to time with the SEC. Ikanos is under no obligation to update these forward-looking statements to reflect events or circumstances subsequent to the date of this press release.

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
ikan@mkr-group.com

FREMONT, Calif., April 25, 2013 – Ikanos Communications, Inc. (NASDAQ: IKAN), a leading provider of advanced broadband semiconductor and software products for the digital home, today reported successful completion of early OEM and carrier lab trials, as well as its first design win, for its innovative Velocity-3 NodeScale™ Vectoring VDSL chipset. Ikanos’ industry-leading central office reference platform leverages the high performance of Velocity-3 to deliver an unparalleled data rate of 110Mbps up to 500 meters across all its 192 ports, ushering in the first copper-based technology proven to offer customers scalable next-generation broadband services.  This reference platform can also be configured as a “2×192” design in a single, integrated system providing 384 ports offering sustained 110Mbps data rates on each port – another first-in-industry solution that allows telcos to speed delivery of high-bandwidth service and applications – all in a small-footprint, low-cost, and quick-to-deploy architecture.

The fully integrated Ikanos Velocity-3 vectoring chipset for both line card and vectoring card provides the first broadband architecture capable of ensuring SLA-backed broadband services at 110Mbps and above – or 200Mbps and above for a bonded VDSL pair.  While lowering the costs of provisioning high-bandwidth service and applications, the chipset also reduces the cost and complexity of deployment.  Thanks to its highly integrated architecture, Velocity-3 requires no external FPGAs or processors, greatly simplifying integration with other system components, lowering overall system cost, reducing power, reducing footprint, and lowering deployment costs.

“Ikanos has a clear vision of delivering network-proven technology that gives carriers a platform for rolling out new revenue-generating services now and in the future,” said Teresa Mastrangelo, principal analyst, Broadbandtrends.  “Velocity-3 NodeScale vectoring has proven that it can deliver 110Mbps at up to 500 meters, meeting the expressed requirements of carriers that Broadbandtrends recently surveyed.  As a practical solution, deployable today wherever copper is already in the ground, Ikanos is helping to advance the broadband industry in the U.S. and around the world.”

World-First Vectoring Solution Ready for Lab Testing
Telcos worldwide are poised to deliver a new wave of high-bandwidth applications to customers, and are relying on advances in VDSL technology to drive quantum improvements in their service offerings.  With Velocity-3 technology providing the first demonstrated and proven ability to deliver sustained speeds of 110Mbps on a single copper pair, Velocity-3 chipsets are now available for lab testing, enabling telcos to chart a shorter time-to-market for integrated, VDSL-based, central office plus home gateway solutions.

“We’re excited about demonstrating proven performance that keeps VDSL in the vanguard of broadband technologies,” said Omid Tahernia, president and CEO of Ikanos.  “The 2×192 design that we announced today delivers proof that broadband service providers can scale their operations to accommodate the huge pent-up demand for bandwidth that is a challenge for all service providers.”

With the advances that Ikanos has demonstrated in vectoring, VDSL has breathed new life into a market longing for the next broadband breakthrough.  The unique architecture of the Velocity-3 chipset, while providing the full noise cancellation that is the hallmark of vectored VDSL designs, also delivers superior scalability, allowing telcos to scale their deployments rapidly and without the costly, time-intensive rip-and-replace challenges of other broadband technologies and solutions.

For more information about Ikanos or the Ikanos Velocity-3 chipset, contact Ikanos at (510) 979-0400 or 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.

###

© 2013 Ikanos Communications, Inc. All Rights Reserved. Ikanos Communications, Ikanos, the Ikanos logo, the Bandwidth without boundaries tagline, Fusiv, Ikanos Velocity and NodeScale Vectoring are among the trademarks or registered trademarks of Ikanos Communications. All other trademarks mentioned herein are properties of their respective holders.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995
This press release contains forward-looking statements that are subject to risks and uncertainties concerning Ikanos Communications, including statements regarding our leadership position, outlook such as our expected revenue, gross profits, operating expenses, and the anticipated benefits of non-GAAP measures, our product testing and shipment, and anticipated benefits and acceptance of our products. Actual events or results may differ materially from those described in this document due to a number of risks and uncertainties. These potential risks and uncertainties include, but are not limited to, macroeconomic conditions which may cause our customers to defer purchasing plans, our ability to deliver full production releases of our newer products and the acceptance of those products by our cu1stomers, the continued demand by telecommunications service providers for specific xDSL semiconductor products, the failure of service providers to implement deployment plans on schedule or at all, 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 ability to successfully execute our restructuring plan, and unexpected future costs, expenses and financing requirements. In addition, for a more extensive discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see the section entitled “Risk Factors” in our Annual Report on Form 10-K  for the fiscal year ended January 1, 2012 filed with  the Securities and Exchange Commission (SEC) on February 23, 2012 and our Quarterly Report on Form 10-Q for the fiscal quarter ended July 1, 2012 filed with the SEC on August 2, 2012, as well as other reports that Ikanos files from time to time with the SEC. Ikanos is under no obligation to update these forward-looking statements to reflect events or circumstances subsequent to the date of this press release.

Media Contact:
Gary Good
Trainer Communications
707-837-1718
Ikanos@trainercomm.com

FREMONT, Calif., April 25, 2013 – Ikanos Communications, Inc. (NASDAQ: IKAN), a leading provider of advanced broadband semiconductor and software products for the digital home, today announced that its Vx185 chipset provides the processing power for Livebox Play, Orange’s flagship triple-play service. The third-generation Livebox platform powered by Ikanos enables Orange to deliver high-speed Internet, Wi-Fi, and HD voice and video applications, bringing consumers a wide range of high-bandwidth services such as HD video, online gaming, and over-the-top (OTT) content on multiple screens, including mobile devices.

The Fusiv Vx185 broadband processor is the core component of a next-generation residential gateway that enables Orange’s new Livebox Play service, delivering high-speed DSL and fiber Internet access and triple-play services. The gateway includes dual-band 2.4 and 5 GHz Wi-Fi networking modules, allowing multiple mobile devices to stream high-bandwidth services such as HD video. It also offers HD voice processing, as well as superior connectivity with five gigabit Ethernet ports and two USB ports. The platform is also G.Vector capable and supports all of the benefits of the Ikanos Nodescale Vectoring solution. Offering this rich set of features, the Vx185-based gateway meets all the demands for connectivity, bandwidth, and services in the digital home.

“Ikanos is proud to partner with Orange to deliver Livebox Play high-speed Internet and connected-home services,” said Omid Tahernia, president and CEO of Ikanos. “With our Fusiv Vx185 chip powering Orange’s Livebox Play service, Ikanos clearly demonstrates its continued momentum and leadership within the broadband access and connected home markets, enabling a higher quality of experience for consumers and new revenue streams for service providers.”

The requirements for gateways to support high-speed broadband services such as Livebox Play are growing rapidly in response to the booming worldwide adoption of mobile devices and consumer demand for rich digital content. According to AT&T, U.S. homes now have an average of 12 network-connected devices, such as tablets, laptops, interactive gaming consoles and smartphones, as well as smart TVs and even Internet-connected refrigerators.

Supporting the ever-higher bandwidth demands of triple-play applications, the Vx185 offers industry-leading network processor performance, supporting differentiated features such as:

• Field-proven, carrier-grade voice DSP.  Whereas most competing platforms support voice processing on the main network processor, the Ikanos solution preserves processor headroom for advanced services and applications.
• The fourth generation of the Ikanos Fusiv accelerator processor implementation enables bi-directional gigabit routing performance, while consuming less than five percent of the host application processor’s resources. This acceleration architecture also enables high-performance, dual-band concurrent Wi-Fi (2.4GHz + 5.0GHz) for reliable Quality of Service (QoS) and optimal packet processing performance. Competitive solutions require an additional network processor to meet similar performance metrics.
• The Ikanos Vx185 solution enables seamless mixing of voice between standard VoIP lines and cordless headsets connected to an embedded Digital Enhanced Cordless Telephony (DECT) solution in the system.

For more information on Livebox Play, visit the Orange website. For more information on the Fusiv Vx185 network processor, visit the Ikanos website.

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.

© 2013 Ikanos Communications, Inc. All Rights Reserved. Ikanos Communications, Ikanos, the Ikanos logo, the Bandwidth without boundaries tagline, Fusiv, Ikanos Velocity and NodeScale Vectoring are among the trademarks or registered trademarks of Ikanos Communications. All other trademarks mentioned herein are properties of their respective holders.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995
This press release contains forward-looking statements that are subject to risks and uncertainties concerning Ikanos Communications, including statements regarding our leadership position, outlook such as our expected revenue, gross profits, operating expenses, and the anticipated benefits of non-GAAP measures, our product testing and shipment, and anticipated benefits and acceptance of our products. Actual events or results may differ materially from those described in this document due to a number of risks and uncertainties. These potential risks and uncertainties include, but are not limited to, macroeconomic conditions which may cause our customers to defer purchasing plans, our ability to deliver full production releases of our newer products and the acceptance of those products by our cu1stomers, the continued demand by telecommunications service providers for specific xDSL semiconductor products, the failure of service providers to implement deployment plans on schedule or at all, 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 ability to successfully execute our restructuring plan, and unexpected future costs, expenses and financing requirements. In addition, for a more extensive discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see the section entitled “Risk Factors” in our Annual Report on Form 10-K  for the fiscal year ended January 1, 2012 filed with  the Securities and Exchange Commission (SEC) on February 23, 2012 and our Quarterly Report on Form 10-Q for the fiscal quarter ended July 1, 2012 filed with the SEC on August 2, 2012, as well as other reports that Ikanos files from time to time with the SEC. Ikanos is under no obligation to update these forward-looking statements to reflect events or circumstances subsequent to the date of this press release.

Media Contact:
Gary Good
Trainer Communications
707-837-1718
Ikanos@trainercomm.com

Recent Highlights:

• Revenue of $26.2 million
• GAAP Net Loss of $(4.4) million or $(0.06) per share
• Cash, Cash Equivalents and Short-Term Investments $31.6 million

FREMONT, Calif., April 25, 2013 — Ikanos Communications, Inc. (NASDAQ: IKAN), a leading provider of advanced broadband semiconductor and integrated firmware products for the digital home, today announced its financial results for the fiscal first quarter of 2013 ended March 31, 2013.

“Ikanos achieved first quarter results within guidance with revenue of $26.2 million and GAAP gross profit of 53%.  Additionally we effectively reduced operating expenses to $18.3 million and improved our cash and short–term investments position to $31.6 million,” said Dennis Bencala, chief financial officer and vice president finance of Ikanos.

Omid Tahernia, president and CEO, said, “We are very encouraged by some of the recent announcements in Australia and Germany regarding plans for deployments of vectored VDSL in those markets.   We believe these and other similar announcements earlier by large global carriers such as AT&T and Deutsche Telecom are indicative of the increasing momentum behind the adoption of vectoring technology as a key enabler for carriers to bring 100 Mbps DSL services to their subscribers.”  Mr. Tahernia added, “Following the successful launch of our NodeScale™ Vectoring Velocity-3 chipset at BBWF last October, we have completed several lab trials at top tier carriers and OEMs with very positive results, putting the Velocity-3 in an excellent position as the industry transition to VDSL2 and vectoring continues to gain momentum.”

“We are also excited about the adoption of our Fusiv® family of CPE products by leading global carriers, as indicated by the recent launch of Orange Livebox Play service based on our Vx185 integrated broadband and gateway processor,” said Mr. Tahernia. “While the major revenue ramp for the Fusiv® family has been delayed to second half of the year due in large part to our customers’ inventory issues, we are encouraged by the design-win traction the product line is seeing in the market.”

Financial Highlights
Ikanos reports its financial results in accordance with U.S. generally accepted accounting principles (GAAP) and additionally on a non-GAAP basis. Non-GAAP net income (loss), non-GAAP gross profits, non-GAAP operating expenses and non-GAAP earnings per share, where applicable, exclude the income statement effects of stock-based compensation, restructuring charges and amortization of intangible assets. Ikanos has provided these measures because its management believes these additional non-GAAP measures are useful to investors for performing financial analysis as these additional measures highlight Ikanos’ recurring operating results. Ikanos’ management uses these non-GAAP measures internally to evaluate its operating performance and to plan for its future. However, non-GAAP measures are not a substitute for GAAP reporting. For a reconciliation of GAAP versus non-GAAP financial information, please see the attached schedules.

Fiscal First Quarter 2013 Results
Revenue for the first quarter of 2013 was $26.2 million compared to revenue of $30.8 million for the first quarter of 2012 and revenue of $31.8 million for the fourth quarter of 2012. GAAP gross profit for the first quarter of 2013 was 53% compared to a GAAP gross profit of 52% for the first quarter of 2012 and GAAP gross profit of 48% for the fourth quarter of 2012.

Non-GAAP gross profit for the first quarter of 2013 was 54% compared to a non-GAAP gross profit of 54% for the first quarter of 2012 and non-GAAP gross profit of 49% for the fourth quarter of 2012.

GAAP operating expenses for the first quarter of 2013 were $18.3 million, compared to operating expenses of $19.8 million for the first quarter of 2012 and operating expenses of $19.3 million for the fourth quarter of 2012.

Non-GAAP operating expenses for the first quarter of 2013 were $17.3 million, compared to non-GAAP operating expenses of $17.8 million for the first quarter of 2012 and non-GAAP operating expenses of $18.4 million for the fourth quarter of 2012.

GAAP net loss for the first quarter of 2013 was $(4.4) million, or a loss of $(0.06) per share on 70.4 million weighted average shares outstanding. This compares with a net loss of $(3.7) million, or a loss of $(0.05) per share on 69.3 million weighted average shares outstanding for the first quarter of 2012 and a net loss of $(4.5) million, or a loss of $(0.06) per share on 70.1 million weighted average shares outstanding for the fourth quarter of 2012.

Non-GAAP net loss for the first quarter of 2013 was $(3.3) million, or a loss of $(0.05) per share on 70.4 million weighted average shares outstanding compared to a non-GAAP net loss of $(1.2) million, or a loss of $(0.02) per share on 69.3 million weighted average shares outstanding for the first quarter of 2012, and to a non-GAAP loss of $(3.4) million, or $(0.05) per share on 70.1 million weighted average shares outstanding in the fourth quarter of 2012.

Cash, cash equivalents and short-term investments at the end of first quarter of 2013 were $31.6 million compared to $31.2 million at the end of the fourth quarter of 2012.

Additionally, at the end of the first quarter of 2013 inventory was $7.4 million compared to $8.1 million at the end of the fourth quarter of 2012. Current liabilities at the end of the first quarter of 2013 were $19.3 million compared to $24.4 million at the end of the fourth quarter of 2012.

Outlook
Revenue is expected to be between $19 million and $21 million for the fiscal second quarter of 2013.

GAAP gross profit for the fiscal second quarter of 2013 is expected to be between 49% and 51%. Non-GAAP gross profit is expected to be between 50% and 52% for the second quarter of 2013.

GAAP operating expenses for the fiscal second quarter of 2013 are expected to be in the range of $17.5 million to $18.5 million. On a Non-GAAP basis operating expenses are expected to be in the range of $16.5 million to $17.5 million for the second quarter of 2013.

GAAP net loss for second quarter of 2013 is expected to be in the range of approximately $(6.9) million to $(9.3) million, or a GAAP loss per share of $(0.10) to $(0.13).  Non-GAAP net loss is expected to be in the range of approximately $(5.7) million to $(8.1) million, or a non-GAAP loss per share of $(0.08) to $(0.11).

First Quarter Conference Call
Management will review the first quarter financial results and its expectations for subsequent periods on a conference call on Thursday, April 25, 2013 at 1:30 p.m. Pacific Time. To listen to the call, please visit http://www.ikanos.com/investor/irevents/ and click on the link provided for the webcast or dial (888) 359-3627 or (719) 325-2429 and enter conference ID 4095161. The webcast will be archived and available for 90 days at http://www.ikanos.com/investor/irevents/.  A replay of the conference call will be accessible until July 24, 2013 by dialing (888) 203-1112 or (719) 457-0820 and entering conference ID 4095161.

About Ikanos Communications, Inc.
Ikanos Communications, Inc. (NASDAQ: IKAN) is a leading provider of advanced broadband semiconductor and integrated firmware 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.

© 2013 Ikanos Communications, Inc. All Rights Reserved. Ikanos Communications, Ikanos, the Ikanos logo, the Bandwidth without boundaries tagline, Fusiv, Ikanos Velocity and NodeScale Vectoring are among the trademarks or registered trademarks of Ikanos Communications. All other trademarks mentioned herein are properties of their respective holders.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995
This press release contains forward-looking statements that are subject to risks and uncertainties concerning Ikanos Communications, including statements regarding our outlook for the second quarter of 2013, such as our expected revenue, gross profits, operating expenses, the benefits of non-GAAP measures, the market for vectored VDSL, the anticipated adoption of vectoring technology, product testing and shipment, and anticipated benefits of our products. Actual events or results may differ materially from those described in this document due to a number of risks and uncertainties. These potential risks and uncertainties include, but are not limited to, macroeconomic conditions which may cause our customers to defer purchasing plans, our ability to deliver full production releases of our newer products and the acceptance of those products by our customers, the continued demand by telecommunications service providers for specific xDSL semiconductor products, the failure of service providers to implement deployment plans on schedule or at all, 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 and unexpected future costs, expenses and financing requirements. In addition, for a more extensive discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see the section entitled “Risk Factors” in our Annual Report on Form 10-K  for the fiscal year ended December 30, 2012 filed with  the Securities and Exchange Commission (SEC) on February 28, 2013, as well as other reports that Ikanos files from time to time with the SEC. Ikanos is under no obligation to update these forward-looking statements to reflect events or circumstances subsequent to date of this press release.

To listen to the call, please visit http://www.ikanos.com/investor/irevents/ and click on the link provided for the webcast or dial 888-359-3627 or 719-325-2429 and enter conference ID 4095161. The webcast will be archived and available for 90 days at http://www.ikanos.com/investor/irevents/.  A replay of the conference call will be accessible until July 24, 2013 by dialing 888-203-1112 or 719-457-0820 and entering conference ID 4095161.

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.

© 2013 Ikanos Communications, Inc. All Rights Reserved. Ikanos Communications, Ikanos, and the Ikanos logo, are among the trademarks or registered trademarks of Ikanos Communications.

FREMONT, Calif., February 19, 2013 — Ikanos Communications, Inc. (NASDAQ: IKAN), a leading provider of advanced broadband semiconductor and software products for the digital home, today announced that Kourosh Amiri has joined the company as its new vice president of marketing. Mr. Amiri will report to Omid Tahernia, president and CEO, and will lead the company’s global marketing and product strategy.

With more than 20 years of experience in the semiconductor industry, Amiri has been responsible for the successful introduction of products targeting a range of applications in the networking, communications, and consumer segments. “With the rapid growth in consumer appetite for generating, sharing, and consuming content, and the cloud-based storage and delivery of this content becoming mainstream, the demand for bandwidth and broadband connectivity has never been stronger,” said Amiri. “With its industry-leading broadband technology, impressive patent portfolio, and strong technical and management teams, Ikanos is very well positioned to meet this rising consumer demand and to take a leadership role in shaping the future of digital-home content sharing and delivery.”

“As broadband rates of 50 to 100Mbps are now required for applications such as gaming, streaming video, VoIP and IPTV — all operating within the home — it’s critical that we have the right strategy to ensure we turn our unique technical advantages in broadband connectivity and home networking into successful and profitable products in the marketplace,” said Tahernia. “Kourosh brings the right balance of networking and consumer market experience to help us better define and execute on such a strategy.”

Amiri joins Ikanos from Cavium, where he led marketing and business development for its emerging media processor group, and drove the strategy for turning Cavium into a leading supplier of wireless display media processors in multiple market segments, including smartphones and PC accessories. Prior to joining Cavium, Amiri held senior marketing and business development roles at Freescale and several venture-backed semiconductor start-ups, addressing a wide range of networking and media processing applications. Amiri has an MSEE from Stanford University and a BSEE from the University of California, Santa Barbara.

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.

© 2013 Ikanos Communications, Inc. All Rights Reserved. Ikanos Communications, Ikanos, the Ikanos logo, the Bandwidth without boundaries tagline, Fusiv, Ikanos Velocity and NodeScale Vectoring are among the trademarks or registered trademarks of Ikanos Communications. All other trademarks mentioned herein are properties of their respective holders.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995

This press release contains forward-looking statements that are subject to risks and uncertainties concerning Ikanos Communications, including statements regarding our leadership position, outlook such as our expected revenue, gross profits, operating expenses, and the anticipated benefits of non-GAAP measures, our product testing and shipment, and anticipated benefits and acceptance of our products. Actual events or results may differ materially from those described in this document due to a number of risks and uncertainties. These potential risks and uncertainties include, but are not limited to, macroeconomic conditions which may cause our customers to defer purchasing plans, our ability to deliver full production releases of our newer products and the acceptance of those products by our cu1stomers, the continued demand by telecommunications service providers for specific xDSL semiconductor products, the failure of service providers to implement deployment plans on schedule or at all, 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 ability to successfully execute our restructuring plan, and unexpected future costs, expenses and financing requirements. In addition, for a more extensive discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see the section entitled “Risk Factors” in our Annual Report on Form 10-K for the fiscal year ended January 1, 2012 filed with  the Securities and Exchange Commission (SEC) on February 23, 2012 and our Quarterly Report on Form 10-Q for the fiscal quarter ended July 1, 2012 filed with the SEC on August 2, 2012, as well as other reports that Ikanos files from time to time with the SEC. Ikanos is under no obligation to update these forward-looking statements to reflect events or circumstances subsequent to the date of this press release.

Media Contact

Gary Good
Trainer Communications
(707) 837-1718
ikanos@trainercomm.com

Recent Highlights

• Began lab trials with Velocity™-3 system
• Q4 revenue of $31.8 million
• FY 2012 revenue of $125.9 million
• Q4 GAAP net loss of $(4.5) million, or $(0.06) per share
• Q4 ending cash, cash equivalents and short-term investments of $31.2 million

FREMONT, Calif., January 31, 2013 — Ikanos Communications, Inc. (NASDAQ: IKAN), a leading provider of advanced broadband semiconductor and software products for the digital home, today announced its financial results for the fourth quarter and fiscal year of 2012, ended December 30, 2012.

“For the fourth quarter, we met the high-end of our revenue guidance with revenue of $31.8 million while recording GAAP operating expenses of $19.3 million, within our guidance range of $19 to 20 million,” said Dennis Bencala, CFO of Ikanos.  “We continued to effectively manage our business and our cash position with cash totaling approximately $31.2 million at year end.”

Omid Tahernia, president and CEO, said, “Fiscal 2012 was a pivotal year for Ikanos in which we established a solid baseline of business while reducing portfolio complexity and managing operating expenses and gross margins.  We completed the development of our Velocity-3 chipset and launched this industry-first NodeScale vectoring chipset at the October Broadband World Forum.  We are pleased with the positive carrier reception we received as well as a number of service providers who have announced their intent to invest Capex on vectored VDSL2.”

“We also began the ramp of our Fusiv® family of CPE products early in the year which by Q4 2012 represented 37% of the company’s revenue.  This family of CPE products brings to market a number of leadership features such as NodeScale vectoring and VDSL2 bonding.  Additionally we announced the newest member of this family, our Vx185-HP, at the 2013 CES show.”

Financial Details
Ikanos reports its financial results in accordance with U.S. generally accepted accounting principles (GAAP) and additionally on a non-GAAP basis. Non-GAAP net income (loss), where applicable, excludes the income statement effects of stock-based compensation, restructuring charges, the amortization of intangible assets and gains on the sale of impaired assets. Ikanos has provided these measures because its management believes these additional non-GAAP measures are useful to investors for performing financial analysis as these additional measures highlight Ikanos’ recurring operating results. Ikanos’ management uses these non-GAAP measures internally to evaluate its operating performance and to plan for its future. However, non-GAAP measures are not a substitute for GAAP reporting. For a reconciliation of GAAP versus non-GAAP financial information, please see the attached schedules.

Fourth Quarter 2012 Results

Revenue for the fourth quarter of 2012 was $31.8 million, compared to revenue of $35.4 million for the fourth quarter of 2011 and revenue of $31.4 million for the third quarter of 2012. GAAP gross profit for the fourth quarter of 2012 was 48%, compared to a GAAP gross profit of 56% for the fourth quarter of 2011 and GAAP gross profit of 47% for the third quarter of 2012.

Non-GAAP gross profit for the fourth quarter of 2012 was 49%, compared to a non-GAAP gross profit of 57% for the fourth quarter of 2011 and non-GAAP gross profit of 48% for the third quarter of 2012.

GAAP operating expenses for the fourth quarter of 2012, which included forecasted product tape-out expenses, were $19.3 million, compared to GAAP operating expenses of $18.0 million for the fourth quarter of 2011 and $21.1 million for the third quarter of 2012.

Non-GAAP operating expenses for the fourth quarter of 2012 were $18.4 million, compared to non-GAAP operating expenses of $17.4 million for the fourth quarter of 2011 and non-GAAP operating expenses of $20.2 million for the third quarter of 2012.

GAAP net loss for the fourth quarter of 2012 was $(4.5) million, or a loss of $(0.06) per share on 70.1 million weighted average shares outstanding, compared to a GAAP net income for the fourth quarter of 2011 of $0.5 million, or $0.01 per share on 69.7 million weighted average shares, and a GAAP net loss of $(6.4) million, or $(0.09) per share on 69.8 million weighted average shares, for the third quarter of 2012.

Non-GAAP net loss for the fourth quarter of 2012 was $(3.4) million, or a loss of $(0.05) per share on 70.1 million weighted average shares outstanding, compared to a non-GAAP net income of $1.6 million, or $0.02 per share on 69.7 million weighted average shares, for the fourth quarter of 2011 and a non-GAAP net loss of $(5.1) million, or $(0.07) per share on 69.8 million weighted average shares, for the third quarter of 2012.

Cash, cash equivalents and short-term investments at the end of the fourth quarter of 2012 were $31.2 million, compared to $33.4 million at the end of the third quarter of 2012. Additionally, at the end of the fourth quarter of 2012, inventory was $8.1 million, compared to $6.4 million at the end of the third quarter of 2012. Current liabilities at the end of the fourth quarter of 2012 were $24.4 million, compared to $28.1 million at the end of the third quarter of 2012. During both the third and fourth quarters of 2012, current liabilities include an accounts receivable backed, revolving line of credit advance of $5.0 million.

Fiscal 2012 Results

Revenue for fiscal year 2012 was $125.9 million, compared with $136.6 million reported for fiscal year 2011.

GAAP net loss for the year ended December 30, 2012 was $(17.6) million, or $(0.25) per share on 69.7 million weighted average shares. This compares with a net loss of $(7.5) million, or $(0.11) per share on 68.7 million weighted average shares for fiscal year 2011.

Non-GAAP net loss for the year ended December 30, 2012 was $(11.6) million, or $(0.17) per share on 69.7 million weighted average shares outstanding.  This compares with a net loss of $(3.2) million, or $(0.05) per share on 68.7 million weighted average shares outstanding for fiscal year 2011.

Outlook 

Revenue is expected to be between $26 million and $28 million for the first quarter of 2013.

GAAP gross profit for the first quarter of 2013 is expected to be between 53% and 55%. Non-GAAP gross profit is expected to improve to between 54% and 56% for first quarter of 2013.  GAAP operating expenses for first quarter of 2013 are expected to be in the range of $19 million to $20 million. Non-GAAP operating expenses are expected to be in the range of $18 million to $19 million for first quarter of 2013.  GAAP net loss for first quarter of 2013 is expected to be in the range of approximately $(3.7) million to $(6.3) million, or a GAAP loss per share of $(0.05) to $(0.09).  Non-GAAP net loss is expected to be in the range of approximately $(2.4) million to $(5.0) million, or a non-GAAP loss per share of $(0.03) to $(0.07).

Fourth Quarter Conference Call
Management will review the fourth quarter and  fiscal year 2012 financial results and its expectations for subsequent periods at a conference call on January 31, 2013 at 1:30 p.m. Pacific Time. To listen to the call, please visit http://www.ikanos.com/investor/irevents/ and click on the link provided for the webcast or dial (888) 254-2798 and enter conference ID 4474158. The webcast will be archived and available for 90 days at http://www.ikanos.com/investor/irevents/. A replay of the conference call will be accessible until May 1, 2013 by dialing (888) 203-1112 and entering conference ID 4474158.

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.

© 2012 Ikanos Communications, Inc. All Rights Reserved. Ikanos Communications, Ikanos, the Ikanos logo, the Bandwidth without boundaries tagline, Fusiv, Ikanos Velocity and NodeScale Vectoring are among the trademarks or registered trademarks of Ikanos Communications. All other trademarks mentioned herein are properties of their respective holders.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995
This press release contains forward-looking statements that are subject to risks and uncertainties concerning Ikanos Communications, including statements regarding our outlook such as our expected revenue, gross profits, operating expenses, earnings per share, and the anticipated benefits of non-GAAP measures, our product testing and shipment, and anticipated benefits and acceptance of our products. Actual events or results may differ materially from those described in this document due to a number of risks and uncertainties. These potential risks and uncertainties include, but are not limited to, macroeconomic conditions which may cause our customers to defer purchasing plans, our ability to deliver full production releases of our newer products and the acceptance of those products by our customers, the continued demand by telecommunications service providers for specific xDSL semiconductor products, the failure of service providers to implement deployment plans on schedule or at all, 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 ability to successfully execute our restructuring plan, and unexpected future costs, expenses and financing requirements. In addition, for a more extensive discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see the section entitled “Risk Factors” in our Annual Report on Form 10-K  for the fiscal year ended January 1, 2012 filed with  the Securities and Exchange Commission (SEC) on February 23, 2012 and our Quarterly Report on Form 10-Q for the fiscal quarter ended September 30, 2012 filed with the SEC on November 1, 2012, as well as other reports that Ikanos files from time to time with the SEC. Ikanos is under no obligation to update these forward-looking statements to reflect events or circumstances subsequent to the date of this press release.

To listen to the call, please visit http://www.ikanos.com/investor/irevents/ and click on the link provided for the webcast or dial 888-254-2798 or 913-312-0966 and enter conference ID 4474158. The webcast will be archived and available for 90 days at http://www.ikanos.com/investor/irevents/.  A replay of the conference call will be accessible until May 1, 2013 by dialing 888-203-1112 or 719-457-0820 and entering conference ID 4474158.

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.

© 2012 Ikanos Communications, Inc. All Rights Reserved. Ikanos Communications, Ikanos, and the Ikanos logo, are among the trademarks or registered trademarks of Ikanos Communications.

FREMONT, Calif., January 8, 2013 – Ikanos Communications, Inc. (NASDAQ: IKAN), a leading provider of advanced broadband semiconductor and software products for the digital home, today extended its lead in chips for triple-play networks with the introduction of the Fusiv® Vx185-HP communications processor chipset. The new chipset for home gateways supports high-speed WAN requirements by delivering bonded VDSL2 rates up to 200Mbps downstream and 100Mbps upstream along with standards-compliant Nodescaleä Vectoring.  Supporting the ever-higher bandwidth demands of triple-play applications, the Vx185-HP offers the highest overall network processor performance of any comparable competitive chipset, while uniquely incorporating a dedicated voice DSP for carrier grade voice and a serial ATA (SATA) controller for advanced storage applications, as well as supporting the upcoming 802.11ac wireless communications protocol.

The architecture and feature set of the Vx185-HP make the chipset quickly deployable, reducing time-to-market and speeding the launch of advanced services:

• For carriers, the Vx185-HP provides processing power for technologies such as 802.11ac as well as emerging, bandwidth-intensive applications on home gateways – enabling new revenue streams from subscribers by providing services beyond voice, IPTV, and data.

• For CPE manufacturers, pin-to-pin compatibility with Ikanos’ existing Vx185-platform chips, together with re-use of existing Linux software and VDSL2 firmware means a faster time to market and reduced time to profitability.

• For consumers, the Vx185-HP means higher broadband rates to the home, enabled by VDSL2 bonding and Nodescaleä Vectoring technology; better wireless coverage; and support for new data services to the home.

“Vectoring, together with bonding (coupling two copper pairs), is perhaps the most critical DSL innovation for carriers and CPE manufacturers who want to deliver both the speed and functionality needed to power new high-margin, digital home applications that keep consumers both happy and loyal,” said Lee Ratliff, principal analyst for broadband and digital home at information and analytics provider IHS.  “Vectoring and bonding are critical technologies for carriers wishing to enhance the capabilities of their copper networks and remain competitive with cable and fiber while being cost-conscious.”

The Vx185-HP is unique in providing:

• A distributed processing architecture with 5.2GHz of overall processing power and wire-speed bi-directional gigabit packet processing
• Multiple advanced interfaces supporting home networking technologies such as MoCA™, HomePNA™, HomePlug®, LTE, and small cell applications
• A dedicated DSP engine for delivery of full-chain, deployment-proven VoIP
• Multi-mode DSL (ADSL, ADSL2, ADSL2+, and VDSL2)
• Hardware Security Protocol Accelerator for processing encryption algorithms such as DES, 3DES, and AES support up to 256-bit.
• Flexible NAS options using USB or SATA
• Carrier-class quality of service (QoS)

The Vx185-HP also compliments Ikanos’ central office products by implementing Ikanos Quality Video (iQV™), which provides the most robust video delivery solution in the market.

“Since the launch of the Fusiv Vx185 family of processors, Ikanos has been fortunate to anticipate the need for speed resulting from multiple, bandwidth-hungry applications running concurrently in the home,” said Omid Tahernia, president and CEO of Ikanos.  “With our new Vx185-HP, we intend to continue outdistancing other broadband chipset suppliers.  Furthermore, we see the adoption of our Vx185 family of processors as evidence that the only innovations that take hold in fast-moving markets are those that materialize as products almost as quickly as they are envisioned.”

For more information about the Ikanos Vx-185-HP or other Fusiv family chips, contact Ikanos at (510) 979-0400 or 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.

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© 2013 Ikanos Communications, Inc. All Rights Reserved. Ikanos Communications, Ikanos, the Ikanos logo, the Bandwidth without boundaries tagline, Fusiv, Ikanos Velocity and NodeScale Vectoring are among the trademarks or registered trademarks of Ikanos Communications. All other trademarks mentioned herein are properties of their respective holders.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995

This press release contains forward-looking statements that are subject to risks and uncertainties concerning Ikanos Communications, including statements regarding our leadership position, outlook such as our expected revenue, gross profits, operating expenses, and the anticipated benefits of non-GAAP measures, our product testing and shipment, and anticipated benefits and acceptance of our products. Actual events or results may differ materially from those described in this document due to a number of risks and uncertainties. These potential risks and uncertainties include, but are not limited to, macroeconomic conditions which may cause our customers to defer purchasing plans, our ability to deliver full production releases of our newer products and the acceptance of those products by our cu1stomers, the continued demand by telecommunications service providers for specific xDSL semiconductor products, the failure of service providers to implement deployment plans on schedule or at all, 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 ability to successfully execute our restructuring plan, and unexpected future costs, expenses and financing requirements. In addition, for a more extensive discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see the section entitled “Risk Factors” in our Annual Report on Form 10-K  for the fiscal year ended January 1, 2012 filed with  the Securities and Exchange Commission (SEC) on February 23, 2012 and our Quarterly Report on Form 10-Q for the fiscal quarter ended July 1, 2012 filed with the SEC on August 2, 2012, as well as other reports that Ikanos files from time to time with the SEC. Ikanos is under no obligation to update these forward-looking statements to reflect events or circumstances subsequent to the date of this press release.

Media Contacts

Gary Good
Trainer Communications
(707) 837-1718
ikanos@trainercomm.com

Arun Hiremath
Ikanos
(510) 438-6281
ahiremath@ikanos.com