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Comms chips

Ikanos Names CEO

FREMONT, Calif. -- Ikanos Communications, Inc. (Nasdaq: IKAN), a leading provider of advanced broadband solutions for the digital home, today announced its Board of Directors has appointed Michael Gulett as its president and chief executive officer, succeeding Michael A. Ricci who is leaving those positions and will pursue other interests. Michael Gulett has been a member of the Company's Board of Directors since 2003.

"I am pleased to announce that Ikanos' Board of Directors has appointed Michael Gulett as the Company's president and chief executive officer," said G. Venkatesh, chairman of the board of directors for Ikanos Communications. "Mike's strong executive management skills, track record of growing successful companies, and his in-depth knowledge of Ikanos' business and the broadband semiconductor market make him an excellent choice for the role. In addition, I wish to thank Mike Ricci for his contributions to the Company. We wish him well in his next endeavor."

Ikanos Communications Inc. (Nasdaq: IKAN)

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