Key component in widespread deployment of first-generation
products, leading to follow-on deal
AIRPORT CITY, Israel, Nov. 16,
2022 /PRNewswire/ -- Ethernity Networks (AIM: ENET.L)
(OTCQB: ENETF), a leading supplier of data processing semiconductor
technology for virtualized networking appliances, announced today
that its existing American OEM customer has selected Ethernity's
data processing system-on-chip (SoC) for its second-generation
wireless base station node product.
Following the successful widespread deployment of the customer's
first-generation product, the customer has contracted with
Ethernity to provide complete IP networking functionality,
including critical traffic management features, for a
double-capacity second-generation Fixed Wireless Access base
station node product. Ethernity will incorporate its technology on
newer FPGAs, with development anticipated to be completed during H1
2023.
Ethernity has provided the customer its unique silicon-tuned
software, which, thanks to the efficiency of the SoC's design, fits
into low-cost FPGAs. Working in concert with the customer's radio
technology in its tower-installed base nodes, the Ethernity SoC
provides key aspects of the 5G product, including advanced
networking functions, traffic control, and management.
David Levi, CEO, Ethernity
Networks said: "I am pleased to see extensive growth in our
customer's business and their successful deployment based on our
data processing SoC. We are extremely satisfied that the successful
support we have provided to this customer over five years has led
to widespread successful deployment, and that our role as a key
element in the offering led to the selection of our data processing
technology for the second-gen 5G product. The opportunity to
continue working with the customer demonstrates the value and
importance of our collaboration with our customers. This is the
second follow-on contract for Ethernity in recent weeks, cementing
the industry's opinion that we are a trusted partner providing
efficient, cost-effective, and reliable solutions for 5G and
broadband."
About Ethernity Networks
Ethernity Networks (AIM:
ENET.L)(OTCQB: ENETF) provides innovative, comprehensive
networking and security solutions on programmable hardware for
accelerating telco/cloud networks. Ethernity's semiconductor 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.
Investor Relations contact: Jonathan
Paterson
Email: jonathan.paterson@harbor-access.com Tel: +1-475-477-9401
Media and Analyst contact: Kevin Tanzillo
Email: media@ethernitynet.com Tel: +1-903-865-1078
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SOURCE Ethernity Networks