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:
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Ethernity Networks
Ltd
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Tel: +972 3 748 9846
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David Levi, Chief Executive Officer
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Allenby Capital
Limited (Nominated Adviser and Joint Broker)
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Tel: +44 (0)20 3328 5656
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James Reeve / Piers Shimwell (Corporate Finance)
Amrit Nahal / Stefano Aquilino (Sales and Corporate
Broking)
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Peterhouse Capital
Limited (Joint Broker)
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Tel: +44 (0)20 7562 0930
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Lucy Williams / Duncan Vasey / Eran Zucker
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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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