LOD, Israel, November 27, 2018 /PRNewswire/ --
Ethernity Networks (AIM: ENET.L), a
leading innovator of network processing technology and products,
announced today that it has signed a contract to supply a tier 1
North American aviation and defense OEM with its ENET Switch/Router
firmware and software. Ethernity will integrate its firmware on the
customer's FPGA-based avionics platform.
The contract represents significant short-term revenue for
Ethernity, with additional future royalty streams. This agreement
is the second recently announced contract with a tier 1 OEM for
Ethernity within the past five weeks, following the company's
announcement of October 24 to provide
similar networking functionality on a tier 1 OEM's FPGA-based
optical networking platform.
The two recent contracts also represent a major change in the
market in which vendors build programmable FPGA-based platforms
instead of ASICs as their preferred vehicle for deployments with
multiple applications, including networking functionality. This
trend, when added to the new Open Compute Project (OCP) platforms
based entirely on FPGAs and the adoption of FPGA-based SmartNICs,
should result in greater business opportunities for Ethernity's
patented ENET Flow Processor technology.
"This contract further confirms that our extensive networking
solutions can bring tremendous value to numerous market sectors at
the tier 1 OEM level," said David
Levi, Ethernity's CEO. "This further enables us to build
strong partnerships with industry leaders in the various markets
that require customized networking solutions."
"We are very pleased to have been chosen to partner with one of
the world's top aviation manufacturing companies," said
Rob O'Hara, Ethernity's Vice
President of International Sales. "I believe this to be an
indication of Ethernity's prominent position in the market for
best-in-class networking processing and security technology for
FPGA platforms."
Additional information on Ethernity's FPGA-based ENET Flow
Processor is available at http://www.ethernitynet.com.
About Ethernity Networks
Ethernity Networks (AIM: ENET.L) is a leading innovator of
network processing technology and products. Mounted on low-cost
COTS FPGAs and with a rich set of networking features, Ethernity's
ACE-NIC smart network adapters, ENET SoCs, and network appliances
offer best-in-class all-programmable platforms for the fixed and
mobile telecom, enterprise security, and data centre markets. Our
complete offering, incorporating hardware, FPGA firmware, and
software applications, enables full programmability at the pace of
software development, quickly adapting to changing market demands
and applications and facilitating the deployment of edge computing,
5G, and SDN/NFV.
Media contact:
Kevin Tanzillo
Email: media@ethernitynet.com Tel:
+1-903-865-1078
Ethernity Networks 13A HaMelacha St., Lod Industrial Park,
Israel 7152025
SOURCE Ethernity Networks