Member Info for gerihatrick

I hope you are right folks.

I am concerned at the COVID epidemic in India and how that might impact on plans with the Indian partnership, as well as the overall impact on society. My sources within India tell me that things are much worse in India due to suppression of the western media and the intimidation on those who might spell out their concerns. What we are seeing in the Western media is only the tip of the iceberg. Not good for India and not good for the ENET role in India.

108k for me but I hope that the latest fundraise will see us through to profitability!

On Sept 2nd TL you quoted Steve Deng from Techtronics " we are confident that the ACE-NIC 100 will be instrumental in enabling deployment of optimal 5G performance with mass deployment in H2 2021 with Fibrehome....any updates?

Thank you...so it is from the horse's mouth.... I missed that.

Tracy...who is the source of the statement in your 1st paragraph.? Enjoy the weather and the environment. The key statement for the UK is that there is no such thing as bad weather...it is only about not being properly dressed...whatever the weather!

Tracy..in light of your comments I wonder if this has any relevance to your thoughts (From ADVFN) "If you've got a new company that's providing phenomenal radio equipment, that's different from what is in the market today, you can choose to bring in some of that best in class equipment from maybe a non traditional" Koeppe from Verizon re openRAN. Could this be just my dream that he might be referring to ENET!?

Tadders...I got itbfrom SCSW when they did the write up on it. That was confirmed in the Mello presentation last night. The other point is that the way things are progressing they will meet this level in the next 3 months. I like that. My understanding is that the system not only is useful ul in call centres but also for individuals working from home. They are doing a presentation for retail investors on Thursday which may be more informative.

Interesting to see that Katie Potts of Herald IT has a holding in ENET.

Maddog...you should have mentioned that you were reiterating the RNS issued on the 28th January...have people only cottoned on today to that news! The key issue is the Total Annual Contract Value (TACV). They need it to be £9.8m to be cash neutral. On October 31st it was £7.81m and on 31/12/20 it was up to £8.28m -up 16% from previous year. The fact that they have announced 93 new customer contracts (51 last year) all suggests they are getting close to breakeven!

I feel that only the committed and tech savvy would get anything from the Directors Talk comments. His strong accent makes him hard to understand. From a "marketing" context I do not feel his presentation would inspire. My takeaways from his comments were the following comments "we offer unique telecoms features"; he mentions China specifically; they provide a complete solution; he anticipates huge revenue growth. I await specific news.

An amazing RNS this morning with major implications for the water purification side of the business. A complete bonus to the core business. They also bought it for a song when it went into administration.

Rakuten Mobile Japan has announced 4G and moving to 5G at no extra cost using Open Ran, described as a cost disruptor. OpenRan could prove a sure-fire way for mobile operators to cut costs as their investors cry out for growth. (P113 Sunday Telegraph)

Techinvesthas been recommending it as a buy since November 2019 when it was in the 30s. It closes any news input from the Tuesday before publication as as the next edition is due this weekend it will not cover the latest contract. Similarly, it will not include any comment on the latest GHT update.

Dallo....thank you for your kind offer of drinks on you. I accept. Just let me know the location, time and date!

I would just like to explain why I have put this back on the board. I sent my summary to Brian Klaff the Marketing Director of ENET on Sunday and he replied straight away with suggested amendments which I fully appreciate hence this new summary. I certainly feel better informed on it all. We now watch and wait for news. Enjoy the warmth Chessa....is that short for Francesca? It is where I come from. At this time of year we are usually headed to Oz for some warmth so this is not good! HYN all

Part 2

Over the last year there has been a transition from “closed” systems to “open” systems so that Open RAN is being increasingly utilised. ENET has always felt that open RAN was the way forward and that is now being recognised in the wider market. Deloitte state that open RAN allows carriers to deploy and modify access points much more easily and cheaply than before. China is fully committed to this system. Sales will increase quarter on quarter and ENET is market leading in a huge market.

Telecoms are the main focus of the business but ENET are signing contracts with aerospace clients to use the same technology in avionics switches. Projected growth of 300% in 2021, 60% of which is already accounted for through licencing deals (before any sales of the ACE-NIC) Projected Revenue could grow from the current projected broker forecast of $6m in 2021 and current forecast of $9m in 2022. They are currently advertising for 11 new staff to handle the anticipated workload and handle the anticipated workload and the recent fundraising should see them through. ACE-NIC100s cost between $1-3K each (depending on volume and preferred customer discounts) and more with enhancements.

ENET issued a marketing video (well over a year ago) demonstrating all the outlined benefits above. They used Spirent as the measuring body and Spirent use the Calnex technology. Everything they claim is verified in this video utilising the best measurement technology in the marketplace in 5G testing. What Spirent evaluation has confirmed is that power consumption is decreased/ CPU cores are significantly reduced; space used on the server is minimal; capital expenditure is kept low/running costs are decreased, while at the same time performance is enhanced. While the value comes from the ENET product itself, not from the test equipment, I find the confirmation it provides re-assuring.

Part 1...part 2 to follow

Conventional NICs sit inside servers and pass data to the server CPU where it is processed returned to the NIC so the data can be sent out. This results in delays and variable throughput; wastes valuable server CPU cycles; has greater power consumption with overall reduced performance and at greater overall cost of ownership. Ethernity’s Router-on FPGA-SmartNIC allows the data to bypass the server entirely; this frees up the server for other tasks; latency is minimal; needs reduced power; physical space, and reduces cost. Ethernity’s ACE-NIC is currently the only SmartNIC with a router on its FGPA, and its technology is protected by patents. It can save up to 80% cost compared to software-only solutions using CPUs. It has been optimised for telecoms over 17 years.

5G needs low latency. The ENET ACEnic-100 has been tested against top competitors by South East Asian telecom operators and selected as the best option with its programmability which can be adjusted as needs change. It can also be used in 4G and can make the transition to 5G when required without any further upgrade or significant cost. China and other national Asian operators are moving to field trials. The EU and North America are behind. An Indian OEM has licenced ENET technology and will use it for 3-4.5G and progress to 5G. A European vendor is testing the ACE-NIC100 for 4G cell site gateways with scale to take it to 5G.

There are the monolithic end to end providers- Hauwei; Nokia; Ericcson etc as opposed to companies like Fibrehome/TietoEVRY who will build the best in class solutions for each step of the way. As operators begin to open their networks to optimise performance based on best-in-class at each node of the network, they will use the ENET FPGA SmartNIC for mass deployment of 5G UPF, virtual router for 5G DU, and eventually 5G DU. ENET have also incorporated a pay as you go (PAYG) function so that companies can scale the networks based on their throughput needs, adding ENET functionality as the demand becomes greater.

new Clareti contract announced today...an excellent Xmas present!

TL...OK ? Conventional NICs pass data to the server where it is processed and data is sent out. This results in slow variable throughput; wastes valuable server CPU cycles; has greater power consumption with overall reduced performance and at greater cost. The ENET router on the FPGA SmartNIc allows the data to bypass the server; this frees up the server for other tasks; latency is minimal; needs reduced power and reduces cost. It is the only NIC with a router on it and is fully patented. It can save up to 80% cost in servers required. It has been optimised for telecoms over 17 years.
5G needs low latency. The ENET ACEnic-100 has been tested against others by Chinese Telecom and selected as the best option with its programmability which can be adjusted as needs change. It can also be used in 4G and can make the transition to 5G when required without significant cost. China is moving to field trails as are Korea. The EU is behind. India has licenced ENET technology where they will use it for 3-4.5G and progress to 5G. A European vendor is testing the ACEnic 100 for 4G gateways with scale to take it to 5G.
There are the monolithic end to end providers- Hauwei; Nokia; Ericcson etc as opposed to companies like Fibrehome/TietoEVRY who will build the best in class solutions for each step of the way. They will use the ENET FPGA SmartNIC for mass deployment of the UPF . ENET have also incorporated a pay as you go (PAYG) function so that as the use of its tech builds up the return to ENET builds up as well.
Over the last year there has been a transition from “closed” systems to “open” systems so that Open RAN is being increasingly utilised. ENET has always felt that open RAN was the way forward and that is now being recognised in the wider market. China is fully committed to this system. (This reminds me of the Betamax vs VHS technologies) Sales will increase quarter on quarter and ENET is market leading in a huge market
Telecoms are the main focus of the business but ENET are signing contracts with aerospace clients. Projected growth of 300% in 2021 excludes any sales of the ACEnic. Revenue could grow from $6m in 2021 to $12m- 60% is already contracted and the remaining 40% from expected contracts. They are currently advertising for 11 new staff to handle the anticipated workload and the recent fundraising should see them through. ACEnic 100s cost $2k each and more with enhancements.
ENET have now issued a marketing video demonstrating all the outlined benefits above. They used Spirent as the measuring body and Spirent use the Calnex technology. Everything they claim is verified in this video utilising the best measurement technology in the marketplace in 5G testing. What Spirent evaluation has confirmed is that power consumption is decreased/space used on the CU is minimal/capital expenditure is kept low/running costs are decreased, while at the same time performance is enhanced. All these claims are endorsed with independent evaluation by Spi