[ADVERT]
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
  -0.75 -2.14% 34.25 34.00 34.50 35.00 34.25 35.00 289,345 12:06:45
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Software & Computer Services 1.4 -4.6 -12.4 - 23

Ethernity Networks Ltd UEP-20 successful field trials

17/09/2021 12:29pm

RNS Non-Regulatory


TIDMENET

Ethernity Networks Ltd

17 September 2021

RNS Reach

17 September 2021

ETHERNITY NETWORKS LIMITED

("Ethernity" or the "Company")

Ethernity Networks UEP-20 successful field trials

Ethernity Networks (AIM: ENET.L), a leading supplier of data processing offload solutions on programmable FPGA (field programmable gate array) hardware for accelerating telco/cloud networks, today updates on successful live field trials for its UEP-20 (universal edge processing) product equipped with wireless bonding technology.

A global OEM customer has conducted field trials for Ethernity's UEP-20 product with a US-based ISP (internet service provider). We are pleased to report that the unit passed the field trials, with bonding successfully performed on a variety of products from multiple vendors, indicating the ability of the solution's interoperability and flexibility .

The Company anticipates that this will lead to orders in excess of 1,000 units for its UEP-20 product, with deliveries commencing in Q4 2021.

Ethernity will be further exhibiting its wireless bonding technology and UEP products at WISPApalooza 2021, at kiosk K07 at the Paris Las Vegas, from 11 to 14 October 2021 to an audience of North American ISPs. WISPApalooza is a premier event of the Wireless Internet Service Provider Association, with over 2,000 attendees.

About Ethernity Networks

Ethernity Networks (AIM: ENET.L) provides innovative, comprehensive networking and security solutions on programmable hardware for accelerating telco/cloud networks. Ethernity's FPGA 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                          Tel: +972 8 915 0392 
David Levi, Chief Executive Officer 
Mark Reichenberg, Chief Financial Officer 
 
Arden Partners plc (NOMAD and Joint Broker)  Tel: +44 207 614 5900 
Richard Johnson / Oscair McGrath 
Peterhouse Capital Limited (Joint Broker)    Tel: +44 20 7562 0930 
Lucy Williams / Duncan Vasey / Eran Zucker 
 
 

About RNS Reach announcements

This is an RNS Reach announcement. RNS 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 RNS 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 rns@lseg.com or visit www.rns.com.

Reach is a non-regulatory news service. By using this service an issuer is confirming that the information contained within this announcement is of a non-regulatory nature. Reach announcements are identified with an orange label and the word "Reach" in the source column of the News Explorer pages of London Stock Exchange's website so that they are distinguished from the RNS UK regulatory service. Other vendors subscribing for Reach press releases may use a different method to distinguish Reach announcements from UK regulatory news.

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

NRAGPUBGBUPGGGM

(END) Dow Jones Newswires

September 17, 2021 07:29 ET (11:29 GMT)

1 Year Ethernity Networks Chart

1 Year Ethernity Networks Chart

1 Month Ethernity Networks Chart

1 Month Ethernity Networks Chart
ADVFN Advertorial
Your Recent History
LSE
ENET
Ethernity ..
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V:gb D:20211017 04:44:19