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: +972 3 748 9846
|
David Levi, Chief Executive
Officer
Ayala Deutsch, Chief Financial
Officer
|
|
|
|
Allenby Capital Limited (Nominated Adviser and Joint Broker)
|
Tel: +44 (0)20 3328 5656
|
James Reeve / Piers Shimwell
(Corporate Finance)
Amrit Nahal / Stefano Aquilino
(Sales and Corporate Broking)
|
|
|
|
CMC
Markets UK plc (Joint Broker)
|
Tel: +44 (0)20 3003 8632
|
Douglas Crippen
|
|
|
|
Peterhouse Capital Limited (Joint Broker)
|
Tel: +44 (0)20 7562 0930
|
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.
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