Effnetplattformen AB
Regulatoriskt Pressmeddelande
Effnet licenses its header compression technology to Mavenir
Luleå, 2017-06-13 -- Effnet AB, a subsidiary of Effnetplattformen AB and the premier provider of header compression software for wireless and fixed networks, today announced that it has licensed its header compression technology to Mavenir, the leader in accelerating and redefining network transformation for Service Providers from 5G applications/services layer to the RAN and packet core. Cellular networking technology is evolving rapidly from 4th generation to 5th generation. The aim is to achieve even higher bandwidth and support applications that require near instantaneous response times. The 5G networks would be a combination of different network designs including centralized processing via cloud and virtualization (Cloud-RAN) and distributed processing via small cells. Even with the evolution of radio and transport technologies, it is still vital to utilize the available radio bandwidth efficiently as demand for it grows exponentially. Effnet's header compression technology is essential for successful and efficient delivery of voice and data services over these networks. "Our future-proof solution delivers flexible cloud technologies for Radio Access Networks. With Effnet's industry proven header compression technology, we bring the added value of efficient use of radio spectrum which is essential for the operators and the added value of better application response and experience, which is essential for the users." says Ashok Khuntia, GM and EVP Access Products Division at Mavenir. "We are proud to have Mavenir as our customer. The quality, performance, standards conformance and ability to evolve and innovate are the key attributes of our products and services. Our long term commitment, backed by an experienced engineering team and management, is to deliver solutions that add value throughout the value chain" says Aniruddha Kulkarni, Managing Director of Effnet AB. "Mavenir's choice of Effnet's products and services reaffirms our position as the leading provider of high quality header compression solutions." For further information, please contact: Aniruddha Kulkarni, Managing Director, Effnet AB and Effnetplattformen AB, Tel: +46 (0)920 60918, aniruddha.kulkarni@effnet.com or visit: http://www.effnet.com/ This information is information that Effnetplattformen AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 08:45 CET on Jun 13, 2017. About Effnet AB Effnet AB, a wholly owned subsidiary of Effnetplattformen AB (publ), is a world leader in the area of IP Header Compression. Effnet develops and sells embedded software that increases the efficiency, speed and quality of IP traffic in fixed, mobile and satellite networks. For more information about Effnet and more information about its products for Backhaul Header Compression (BHC), IP Header Compression (IPHC), Robust Header Compression (ROHC) and Internet of Things (IoT) please visit www.effnet.com. About Effnetplattformen AB (publ) Effnetplattformen AB (publ) is the parent company of a group active in advanced digital communications and investments in other growth companies. Effnetplattformen AB (publ) is traded on Nasdaq First North under the ticker EFFP and its certified adviser is Remium Nordic AB (www.remium.com). For further information about Effnetplattformen AB (publ) please visit www.effnetplattformen.se. About Mavenir Mavenir is a leader in accelerating and redefining network transformation for Service Providers, by offering a comprehensive product portfolio across every layer of the network infrastructure stack. From 5G application/service layers to packet core and RAN - Mavenir leads the way in evolved, cloud-proven networking solutions enabling innovative and secure experiences for end users. Through its industry first VoLTE, VoWiFi, Advanced Messaging (RCS), Multi ID, Visual Voicemail and Cloud RAN solutions, and serving 350+ CSPs across 3.5 billion subscribers, Mavenir's platform enables Service Providers to successfully deliver next generation vision today and realize new revenue streams and operational efficiencies. www.mavenir.com
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