Ethernity Networks Ltd
0.00 (0.0%)
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
  0.00 0.0% 6.60 6.50 6.70 6.60 6.60 6.60 31,432 07:31:29
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Software & Computer Services 1.9 -6.8 -10.4 - 5

Ethernity Networks Ltd UEP2025 Progress Update

28/11/2022 7:00am

RNS Non-Regulatory


Ethernity Networks Ltd

28 November 2022

Reach - non-regulatory announcement

2 8 November 2022


("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:


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 
  Amrit Nahal (Sales and Corporate Broking) 
 Peterhouse Capital Limited (Joint Broker)    Tel: +44 (0)20 7562 
 Lucy Williams / Duncan Vasey / Eran Zucker 
 Harbor Access Inc (US Investor Relations)    Tel: + 1 (475) 477 
  Jonathan Paterson                            9401 

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 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) Dow Jones Newswires

November 28, 2022 02:00 ET (07:00 GMT)

1 Year Ethernity Networks Chart

1 Year Ethernity Networks Chart

1 Month Ethernity Networks Chart

1 Month Ethernity Networks Chart
Your Recent History
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.

Log in to ADVFN
Register Now

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

P: V:gb D:20230402 13:03:32