Ethernity Networks Ltd Ethernity Networks shortlisted for Award

RNS Number : 8514X

Ethernity Networks Ltd

25 July 2024

 

Reach - non-regulatory announcement

 

25 July 2024

 

ETHERNITY NETWORKS LTD

("Ethernity" or the "Company")

 

Ethernity Networks shortlisted for the Outstanding Fixed Wireless Access Solution Award

 

Ethernity Networks (AIM: ENET.L; OTCMKTS: ENETF) a leading supplier of data processing semiconductor technology for networking appliances and fiber access controllers for PON networks, is pleased to announce that its UEP2025 Bonding Solution has been shortlisted for the prestigious 2024 Network X Awards.

 

According to Network X organizers, this year's awards program attracted a record number of entries from leading telecommunications companies worldwide. This impressive response highlights the industry's remarkable advancements and innovation. Following a rigorous selection process, shortlisted companies and projects have been recognized for their exceptional contributions to the field, demonstrating a strong commitment to innovation, collaboration, and sustainability.

 

Bridging the digital divide in underserved areas requires innovative solutions. Traditional fixed-line infrastructure is often cost-prohibitive and slow to deploy, while microwave links, though offering reach, lack capacity. Emerging E-band technologies provide higher bandwidth but are susceptible to weather fluctuations. Ethernity addresses these challenges with its patented Open Link Bonding technology. This vendor-agnostic solution seamlessly combines various connections - microwave, E-band, and even low-speed wireline - into a single, high-performance, weather-resilient fat pipe. This solution fully utilizes aggregated capacity and maximizes reliability, extending service reach and preventing data loss. Ethernity empowers service providers to overcome limitations and deliver critical broadband connectivity to those who need it most.

 

Ethernity has been nominated for the Outstanding Fixed Wireless Access Solution award, competing against four other industry leaders. The Company was recognized for its innovative and groundbreaking approach to the market.

 

The Network X Awards ceremony will crown the winners from a fiercely competitive field of industry leaders across 19 categories. The event will be held on Tuesday, October 8th, 2024, at the iconic Hôtel de Ville in Paris.

 

For further information, please contact:

 

Ethernity Networks Ltd	Tel: [phone]
David Levi, Chief Executive Officer Ayala Deutsch, Chief Financial Officer
Allenby Capital Limited (Nominated Adviser and Joint Broker)	Tel: [phone]
James Reeve / Piers Shimwell (Corporate Finance) Amrit Nahal / Stefano Aquilino (Sales and Corporate Broking)
CMC Markets UK plc (Joint Broker)	Tel: [phone]
Douglas Crippen
Peterhouse Capital Limited (Joint Broker)	Tel: [phone]
Lucy Williams / Duncan Vasey / Eran Zucker

 

 

About Ethernity (www.ethernitynet.com)

 

Ethernity Networks (AIM: ENET.L) 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 Broadband Networks.

 

About Reach announcements

This is a Reach announcement. 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 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 [e-mail] or visit www.rns.com.

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

 

 

NRAPPUAPMUPCUBA