Ethernity Networks Ltd UEP2025 Progress Update
28 Noviembre 2022 - 1:00AM
RNS Non-Regulatory
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Ethernity Networks Ltd
28 November 2022
Reach - non-regulatory announcement
2 8 November 2022
ETHERNITY NETWORKS LIMITED
("Ethernity" or the "Company")
UEP2025 Progress Update
Ethernity Networks (AIM: ENET.L; OTCQB: ENETF), a leading
supplier of data processing semiconductor technology for
virtualized networking appliances, announces that the Company has
delivered its UEP2025 platform to a customer, an existing prominent
microwave wireless OEM customer (the "Customer"), following the
receipt of a purchase order.
Ethernity's UEP2025 supports Carrier Ethernet functionality,
clock sync, security, and the Company's patented link bonding over
a combination of wired or wireless links over any vendor's radio
units (vendor agnostic). It is expected to serve as an ideal
disaggregated, all-in-one, wireless backhaul Indoor Unit in an
especially low-space, low-power enclosure, and will facilitate 5G
infrastructure deployment by offering higher bandwidth transport,
faster time-to-market, and lower cost to deploy.
In parallel to the Customer's design of a customised integrated
radio system based on Ethernity's ENET 4840 SoC with support for
2.5Gbps wireless links bonding (as announced on 12 October 2021) ,
Ethernity and the Customer have engaged in plans to sell the
UEP2025 indoor unit as a complete system, delivered by Ethernity to
North American wireless internet service providers ("WISPs") via
the Customer's large sales organisation in the United States. To
this end, the Customer will now engage in the integration of their
management software with the UEP2025.
The Customer has indicated to Ethernity that it expects WISPs to
find the product attractive due to its ability to transmit higher
throughput over E-Band 10Gbps radio ports, while utilising existing
microwave links as backup for continuous service. The Customer also
believes that using programmable hardware will enable them, with
support from Ethernity, to position the product as a single
platform that will support various protocols and transmission
options.
This specific order delivered is not material in value, however
it represents an important milestone for the UEP2025. The Company
believes there to be significant anticipated future commercial
prospects for the product.
For more information on the UEP2025 platform, please see the
Company's website at:
www.ethernitynet.com/products/enet-network-appliances/uep2025-family/
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.
For further information, please contact:
Ethernity Networks Ltd Tel: +972 8 915 0392
David Levi, Chief Executive Officer
Mark Reichenberg, Chief Financial Officer
Allenby Capital Limited (Nominated Adviser Tel: +44 (0)20 3328
and Joint Broker) 5656
James Reeve / Piers Shimwell (Corporate
Finance)
Amrit Nahal (Sales and Corporate Broking)
Peterhouse Capital Limited (Joint Broker) Tel: +44 (0)20 7562
0930
Lucy Williams / Duncan Vasey / Eran Zucker
Harbor Access Inc (US Investor Relations) Tel: + 1 (475) 477
Jonathan Paterson 9401
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