RCS - Ethernity Networks - Ethernity Networks Grows Asian Relationships
20/01/2022 08:05
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RNS Number : 0063Z Ethernity Networks Ltd 20 January 2022
Reach
20 January 2022
ETHERNITY NETWORKS LIMITED
("Ethernity" or the "Company")
Ethernity Networks Grows Asian Relationships
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 the growth of
its Asian business relationships, through both multiple new distribution
arrangements and a collaboration with a Tier-1 Japanese OEM.
The Company has recently entered into new distribution arrangements for its
FPGA systems-on-chip (SoCs) and system solutions with leading distribution and
semiconductor trading companies covering the Taiwanese, South Korean, and
Japanese markets. Ethernity believes these new arrangements will lead to new
commercial engagements, primarily with OEMs in the Asian marketplace.
Leading on from these new relationships, the Company was pleased, at the end
of 2021, to fulfill an order from a Tier-1 Japanese OEM for a number of
Ethernity's ACE-NIC100 FPGA SmartNICs. The Company is now working with the OEM
toward adapting the SmartNIC to work within the OEM's 5G virtualization
environment.
David Levi, CEO of Ethernity, commented: "We are very excited with the new
distribution arrangements which will allow us to expand our reach into the
Asian Market. The order from the Tier-1 Japanese OEM is the first step towards
what we hope will be a wider relationship with the OEM, leading to larger
orders. It is a sign of confidence from the industry of the quality of
products being offered by Ethernity."
Mobile World Congress 2022
Ethernity will be exhibiting its ACE-NIC100 for VNF offload and acceleration,
as well as its programmable routing platforms for wireless backhaul, at Mobile
World Congress 2022 in Barcelona at the Israel Pavilion in Hall 5 (5A83) from
28 February to 3 March.
About Ethernity's ACE-NIC100
Ethernity's ACE-NIC100 offers up to 100G Ethernet connectivity and the
programmable FPGA-based ENET Flow Processor in a single standard adapter card,
providing best-in-class hardware acceleration and flexible IO capabilities to
optimize virtual infrastructure for performance, scalability, power, and cost.
Ethernity's Router-on-NIC feature differentiates the ACE-NIC100 by providing a
high-performance switch/router data plane that is ideal for any application
that requires the agility of a virtual router with the performance of a
physical router appliance
About Ethernity Networks
Ethernity Networks (http://www.ethernitynet.com/company-overview/) (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 / George Morgan
Peterhouse Capital Limited (Joint Broker) Tel: +44 20 7562 0930
Lucy Williams / Duncan Vasey / Eran Zucker
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