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ENET Ethernity Networks Ltd

0.80
-0.05 (-5.88%)
25 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Ethernity Networks Ltd LSE:ENET London Ordinary Share IL0011410359 ORD NIS0.001 (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.05 -5.88% 0.80 0.75 0.85 0.85 0.80 0.85 5,656,343 16:28:30
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Communications Equip, Nec 2.94M -8M -0.0212 -0.38 3.02M

Ethernity Networks Ltd Proof-of-Concept of ACE-NIC Integration (8159Q)

15/09/2017 7:01am

UK Regulatory


Ethernity Networks (LSE:ENET)
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RNS Number : 8159Q

Ethernity Networks Ltd

15 September 2017

15 September 2017

Ethernity Networks (AIM: ENET.L)

("Ethernity " or the "Company" or the "Group")

Ethernity Completed Successful Proof-of-Concept of ACE-NIC integration in Customer Environments

Ethernity Networks (AIM: ENET.L), a technology solutions provider that develops network data processing technology used in high-end carrier Ethernet applications across the telecom, mobile, security and data centre markets, announces that it has successfully completed proof-of-concept ("POC") of integration in several customer environments with its All-Programmable Intelligent NIC. It performed offloading for both Virtual Network Functions ("VNF"s) and overlay infrastructure, all on a single low-cost FPGA device with Ethernity's patented flow processing engine.

The customers successfully tested Ethernity's solutions to meet their requirements for applications such as a virtual switch, tunnel offloading, monitoring and billing, and special telecom features including hierarchical flow scheduling, shaping and policing.

David Levi, CEO commented: "During the POCs, the Company successfully completed the offloading of different VNFs, demonstrating the successful integration of Ethernity's ACE-NIC in helping customers to meet both scalability and mass VNF development requirements.

"The successful POC is a critical milestone for Ethernity, in highlighting the wide range of the Company's product offerings and demonstrates the recognition from customers for the growing need for Ethernity's ACE-NIC solution. It proved that Ethernity can significantly reduce the costs and power consumption of cloud and virtualised platforms for service providers."

 
 Ethernity Networks             Tel: +972 8915 0392 
  David Levi, Chief Executive 
  Officer 
  Mark Reichenberg, Chief 
  Financial Officer 
 Arden Partners plc (NOMAD      Tel: +44 207 614 5900 
  and Broker) 
  Steve Douglas / Benjamin 
  Cryer 
 Yellow Jersey                  Tel: +44 7747 788 221 
  Charles Goodwin / Joseph 
  Burgess / Katie Bairsto 
 

Notes to Editors

Ethernity Networks is a technology solutions provider that develops and delivers network data processing technology used in high-end carrier ethernet applications across the telecom, mobile, security and data centre markets. The Company's core technology, which is populated on programmable logic enables data offloading at the pace of software development, improves performance and reduces power consumption and latency, therefore facilitating the deployment of virtualisation of networking functionality.

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCGMGMLVDMGNZM

(END) Dow Jones Newswires

September 15, 2017 02:01 ET (06:01 GMT)

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