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Pin to quick picksEthernity Net Regulatory News (ENET)

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Appointment of VP of Marketing & Business Dev.

9 Feb 2024 07:00

RNS Number : 5493C
Ethernity Networks Ltd
09 February 2024
 

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:

Ethernity Networks Ltd

Tel: +972 3 748 9846

David Levi, Chief Executive Officer

 

 

 

Allenby Capital Limited (Nominated Adviser and Joint Broker)

Tel: +44 (0)20 3328 5656

James Reeve / Piers Shimwell (Corporate Finance)

Amrit Nahal / Stefano Aquilino (Sales and Corporate Broking)

 

 

Peterhouse Capital Limited (Joint Broker)

Tel: +44 (0)20 7562 0930

Lucy Williams / Duncan Vasey / Eran Zucker

 

 

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.

About Reach announcements

This is a Reach announcement. Reach is an investor communication service aimed at assisting listed and unlisted (including AIM quoted) companies to distribute non-regulatory news releases into the public domain. Information required to be notified under the AIM Rules for Companies, Market Abuse Regulation or other regulation would be disseminated as an RNS regulatory announcement and not on Reach.

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
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NRAFLFSRFRITIIS
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