Ethernity Networks Ltd. Provides Revenue Guidance for the Year Ended 31 December 2021

Ethernity Networks Ltd is a provider of networking system on chip flow processors company. The Company is focused on developing and delivering high-end network processing technology for carrier Ethernet switching, including broadband access, mobile backhaul, carrier Ethernet demarcation and data centers. The Company is a field-programmable gate array-based (FPGA) company. FPGA technology enables use of FPGA for mass deployment for telecom, Ethernet access, mobile backhaul and data centers. The Company’s products include ACE NIC, ENET38xxZ/99, ENET38xx, ENET3875 / G.999.1, ENET38xx PW, ENET4200, ENET4800, ENET 48xx evaluation board and ENET 38xx evaluation board. The Company offers solution, such as network virtualization and SDN, broadband access, mobile backhaul, carrier Ethernet switching, radio access, load balancing, smart NIC and avionics switch.