RCS - Ethernity Networks - Appointment of VP of Marketing & Business Dev.

Ethernity NetworksAnnouncement

09/02/2024 07:00

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RNS Number : 5493C  Ethernity Networks Ltd  09 February 2024

Reach - non-regulatory announcement

9 February 2024

ETHERNITY NETWORKS LIMITED

("Ethernity" or the "Company")

 

Appointment of VP of Marketing and Business Development

 

Ethernity expands its leadership team with the appointment of Ilan Tevet as VP
of Marketing and Business Development to drive growth initiatives

 

Ethernity Networks (AIM: ENET.L) (OTCMKTS: ENETF), a leading supplier of data
processing semiconductor technology for networking appliances, is pleased to
announce the appointment of Ilan Tevet as its new Vice President of Marketing
and Business Development. Ilan will play a pivotal role within Ethernity's
senior management team, tasked with identifying new opportunities to leverage
Ethernity's core competencies to fuel the Company's business expansion.

Ilan brings with him over 25 years of diverse experience, encompassing key
positions in Sales, Business Development, Product Management, and Marketing.
Throughout his career, Ilan has focused on hardware, software, and SaaS
networking and security solutions for communication service providers,
utilities, and government organizations, cultivating enduring and profitable
relationships with technology partners.

Most recently, Ilan served as one of the founding members and Chief Marketing
Officer of Iron Nation, an emergency venture capital fund established to
support Israeli startups affected by the conflict with Hamas. Prior to that,
he spent six years as Vice President of Marketing and Business Development at
RAD, a global leader in access solutions.

David Levi, CEO of Ethernity, said: "I've known Ilan for over two decades and
I am thrilled he decided to join the Ethernity team. I eagerly anticipate
witnessing the accomplishments of our exceptional team under his guidance to
drive further growth."

For further information, please contact:

 Ethernity Networks Ltd                                         Tel: +972 3 748 9846
 David Levi, Chief Executive 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)

 Peterhouse Capital Limited (Joint Broker)                      Tel: +44 (0)20 7562 0930
 Lucy Williams / Duncan Vasey / Eran Zucker

 

About Ethernity Networks

Ethernity Networks (AIM: ENET.L; OTCMKTS: ENETF) provides innovative,
comprehensive networking and security solutions on programmable hardware,
enhancing telco/cloud network infrastructure capacity. Ethernity's
semiconductor logic offers data processing functionality for various
networking applications, alongside patented wireless access technology and
fiber access media controllers, all equipped with control software boasting a
rich set of networking features. Ethernity's solutions swiftly adapt to
customers' evolving needs, accelerating time-to-market and facilitating the
deployment of 5G over wireless and fiber infrastructure.

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