TIDMENET

Ethernity Networks Ltd

24 May 2021

RNS Reach

24 May 2021

ETHERNITY NETWORKS LIMITED

("Ethernity" or the "Company")

Ethernity Networks 5G DU Solution Shortlisted for GLOMO Award

Ethernity Networks (AIM: ENET.L), a leading supplier of data processing offload solutions on programmable FPGA (field programmable gate array) hardware for accelerating telco/cloud networks, is pleased to announce that its 5G DU Aggregation and vRouting on FPGA SmartNIC solution has today been shortlisted for the prestigious 2021 Global Mobile ("GLOMO") Awards.

The GLOMO Awards are presented annually by the GSM Association ("GSMA") and are the connectivity industry's highest and most prestigious accolade, as adjudged by the sector's most prominent subject matter experts. The GLOMO Awards judging process is award-winning in itself, setting the benchmark for rigorous, independent, and expert judging.

Ethernity's 5G DU solution, which has been provided to multiple European and North American server vendors and integrators for testing, utilizes the Company's ACE-NIC100 FPGA SmartNIC to aggregate 150Gb of data arriving from radio units and uses its fully integrated Router-on-NIC capabilities to eliminate the need for cell site routers (CSRs) with 60Gbs of forwarding to also cascade other distributed units (DUs) within the same site.

The Company's solution was shortlisted with three other companies in the category for Best Mobile & Network Breakthrough , standing out for its ability to provide an agile, high-performance router data plane that is ideal for DUs because of its compact nature. This innovative solution contributes to the deployment of pure cloud native environments without the need for a dedicated CSR, which makes it a viable offering for virtual DUs by saving CPU cores otherwise needed for vRouter functions. When combined with Ethernity's in-house Sync technology, it reduces CAPEX and OPEX and creates added value for operators and the broader eco-system, especially in the Open RAN strategy that many operators are now implementing.

According to the GSMA's MWC Barcelona website: "To be selected in the shortlist for a GLOMO Award means recognition as a serious player - one to be watched closely in the tech sector. And to then win a GLOMO Award, means achieving the highest merit by your peers across the entire digital industry."

The GLOMO Awards winners will be announced in a streamed virtual event as part of Mobile World Congress in Barcelona from noon to 1.00 p.m. Central European Time on Wednesday, 30 June 2021.

Ethernity VP Marketing Brian Klaff said: "The GLOMO Awards are the Oscars of our industry, and an excellent way of identifying the true industry leaders and up-and-coming technology companies. This is truly a great honour, validating our Company's vision and the hard work of our employees in implementing that vision. We are very confident that our 5G DU solution will meet the demand for FPGA-based virtualized routing, which demand should increase as operators continue making strides toward the implementation of Open RAN."

About Ethernity Networks

Ethernity Networks (AIM: ENET.L) provides innovative, comprehensive networking and security solutions on programmable hardware for accelerating telco/cloud networks. Ethernity's FPGA logic offers complete Carrier Ethernet Switch Router data plane processing and control software with a rich set of networking features, robust security, and a wide range of virtual function accelerations to optimize telecommunications networks. Ethernity's complete solutions quickly adapt to customers' changing needs, improving time-to-market and facilitating the deployment of 5G, edge computing, and NFV.

For further information, please contact:

 
 Ethernity Networks                          Tel: +972 8 915 0392 
David Levi, Chief Executive Officer 
Mark Reichenberg, Chief Financial Officer 
 
Arden Partners plc (NOMAD and Joint Broker)  Tel: +44 207 614 5900 
Richard Johnson 
Peterhouse Capital Limited (Joint Broker)    Tel: +44 20 7562 0930 
Lucy Williams / Duncan Vasey / Eran Zucker 
 
 

About RNS Reach announcements

This is an RNS Reach announcement. RNS Reach is an investor communication service aimed at assisting listed and unlisted (including AIM quoted) companies to distribute non-regulatory news releases into the public domain. Information required to be notified under the AIM Rules for Companies, Market Abuse Regulation or other regulation would be disseminated as an RNS regulatory announcement and not on RNS Reach.

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

Reach is a non-regulatory news service. By using this service an issuer is confirming that the information contained within this announcement is of a non-regulatory nature. Reach announcements are identified with an orange label and the word "Reach" in the source column of the News Explorer pages of London Stock Exchange's website so that they are distinguished from the RNS UK regulatory service. Other vendors subscribing for Reach press releases may use a different method to distinguish Reach announcements from UK regulatory news.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

NRAZZGZKZDRGMZM

(END) Dow Jones Newswires

May 24, 2021 08:29 ET (12:29 GMT)

Ethernity Networks (LSE:ENET)
Gráfica de Acción Histórica
De Abr 2022 a May 2022 Haga Click aquí para más Gráficas Ethernity Networks.
Ethernity Networks (LSE:ENET)
Gráfica de Acción Histórica
De May 2021 a May 2022 Haga Click aquí para más Gráficas Ethernity Networks.