REG - Ethernity Networks - Appointment of Chief Financial Officer

Ethernity NetworksAnnouncement

14/02/2024 07:00

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RNS Number : 0268D  Ethernity Networks Ltd  14 February 2024

14 February 2024

ETHERNITY NETWORKS LIMITED

("Ethernity" or the "Company")

 

Appointment of Chief Financial Officer

 

Ethernity Networks Limited (AIM: ENET.L) (OTCMKTS: ENETF), a leading supplier
of data processing semiconductor technology for networking appliances, is
pleased to announce the appointment of Ayala Deutsch to the Board of the
Company as Chief Financial Officer.

Ayala joined Ethernity in January 2019 as Vice President of Finance and has
been managing the Company's CFO duties since August 2023. Ayala has more than
15 years of financial experience in international high-technology companies.
Previously she was a Corporate Controller at Glide, and prior to that, an
auditor at KPMG. Ayala is a Certified Public Accountant in Israel and obtained
her MBA, majoring in Financial Management, at the Hebrew University in
Jerusalem.

David Levi, CEO of Ethernity, said: "I've been working with Ayala for over
five years, and she has consistently demonstrated leadership, strategic
thinking and commitment to our financial success. I look forward to continuing
to work together as we pursue growth of the business."

Ayala Dina Deutsch (formerly Langsam) is 36 years old. There is no further
information on Ayala Deutsch required to be disclosed under Schedule Two,
paragraph (g) of the AIM Rules for Companies.

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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