PMC-Sierra and DASAN Networks Announce Major EPON Equipment Deployment Contract with KT (Korea Telecom)

PMC-Sierra and DASAN Networks Announce Major EPON Equipment Deployment Contract with KT (Korea Telecom)

PMC-Sierra, Inc. (Nasdaq:PMCS), a leading provider of broadband communications and storage semiconductors, and DASAN Networks, Inc., Korea's leading supplier of broadband access equipment, today announced that KT (Korea Telecom) has selected DASAN Networks for deployment of Fiber-To-The-Home (FTTH) equipment in the greater metropolitan area of Seoul, Korea. DASAN's gigabit per second EPON solution, based on PMC-Sierra's FTTH chip set using its GigaPASS(TM) architecture, is capable of delivering premium-grade triple-play services – voice, data and video – to Korea's growing FTTH subscriber base.

Nearly One Million Subscribers in Seoul, Korea, Expected to Gain FTTH Access in 2007 Using DASAN Equipment Based on PMC-Sierra's EPON Chip Set; Seoul Becomes Second Capital City in Asia to Deploy FTTH in Volume

“Korea has consistently been a leader in deploying broadband access technologies and they now join Japan in selecting PMC-Sierra-based EPON FTTH technology for widespread deployment,” said Victor Vaisleib, general manager of the FTTH Business Unit at PMC-Sierra. “To be chosen for deployment in Seoul, the nation's capital, is a significant honor. This accomplishment solidifies our position as the worldwide leader in FTTH silicon.”