Actelis Receives Order From Major North American Rail Operator For Management Software And Services
28 Diciembre 2023 - 7:30AM
Actelis Networks, Inc.
(NASDAQ:ASNS) (“Actelis” or
the “Company”), a market leader in cyber-hardened, rapid deployment
networking solutions for IoT applications, today announced that it
has received an order for management software license and services
in the amount of approximately $300,000 from a major North American
rail operator. The order provides software license and software
support for 3 years and grants the customer access to the latest
version of Actelis’ MetaASSIST Element Management System (EMS),
version 4.0.
Actelis technology is utilized by the rail
industry globally to enable instantaneous fiber-grade connectivity
over long distances utilizing any wireline medium, from legacy
copper to new fiber. The Actelis smart rail solution supports a
variety of IoT applications including providing customer
information services to train stations and remote stops as well as
the transport of live, high-definition video camera feeds to
agencies’ network operations centers. The backbone of the solution
is Actelis’ MetaASSIST software system which enables remote
management, monitoring, and configuration of Actelis’ network
switches deployed trackside or in control centers, as well as
monitoring of 3rd party IoT devices and alarms.
Version 4.0 of MetaASSIST adds new functionality
and security protocols to provide for even higher system uptime,
quicker deployment of network devices, and upgraded network
protection. One of the major additions in the new version is L1
Topology View which complements the Tree view which was available
in previous versions. L1 Topology View allows customers to view the
network topology in an easy-to-understand graphical manner for
easier monitoring and better decision-making.
Version 4.0 also adds support for Actelis’ new
product portfolio including its higher-end security products
featuring MACsec encryption. Additional functionality has been
added to support Actelis’ fiber products including additional
inventory fields and more scheduled tasks.
“This new order demonstrates the trust major
clients have in the Actelis solution,” said Tuvia Barlev, Chairman
and CEO of Actelis. “We are excited about the opportunity to inject
our software platform with new features to help our customer
strengthen its overall operations and add new levels of security to
its network.”
About Actelis Networks, Inc.
Actelis Networks, Inc. (NASDAQ: ASNS) is a
market leader in cyber-hardened, rapid-deployment networking
solutions for wide-area IoT applications including federal, state
and local government, ITS, military, utility, rail, telecom and
campus applications. Actelis’ unique portfolio of hybrid
fiber-copper, environmentally hardened aggregation switches, high
density Ethernet devices, advanced management software and
cyber-protection capabilities, unlocks the hidden value of
essential networks, delivering safer connectivity for rapid,
cost-effective deployment. For more information, please visit
www.actelis.com.
Forward-looking Statements
This press release contains certain
forward-looking statements within the meaning of the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995.
These statements are identified by the use of the words "could,"
"believe," "anticipate," "intend," "estimate," "expect," "may,"
"continue," "predict," "potential," "project" and similar
expressions that are intended to identify forward-looking
statements. All forward-looking statements speak only as of the
date of this press release. You should not place undue reliance on
these forward-looking statements. Although we believe that our
plans, objectives, expectations and intentions reflected in or
suggested by the forward-looking statements are reasonable, we can
give no assurance that these plans, objectives, expectations or
intentions will be achieved. Forward-looking statements involve
significant risks and uncertainties (some of which are beyond our
control) and assumptions that could cause actual results to differ
materially from historical experience and present expectations or
projections. Actual results to differ materially from those in the
forward-looking statements and the trading price for our common
stock may fluctuate significantly. Forward-looking statements also
are affected by the risk factors described in the Company's filings
with the U.S. Securities and Exchange Commission. Except as
required by law, we undertake no obligation to update or revise
publicly any forward-looking statements, whether as a result of new
information, future events or otherwise, after the date on which
the statements are made or to reflect the occurrence of
unanticipated events.
Media Contact:Sean Renn Global VP Marketing
& Communicationssrenn@actelis.com
Investor Relations Contact:Kirin SmithPCG
Advisory, Inc.Ksmith@pcgadvisory.com
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