Luleå, 2018-10-25 -- 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 Thales Alenia Space - one of the world's leading designers of telecommunications satellites.
Header compression technology has its place even in the age of high throughput satellites, fiber networks and 5th generation mobile networks, each capable of delivering multi-gigabit bandwidth. In IP networks, the header information is an overhead on a point-to-point link which can be compressed away to save bandwidth and reduce packet errors. This improves response times and overall user experience of applications. The smaller the payload in relation to the header size, the more pronounced are the benefits of header compression. The key is, of course, the system efficient implementation of this technology that uses minimal memory and CPU to be able to operate on these high packet rate links. This characteristic is also useful on low packet rate links which are often served by low battery, low memory and low CPU power terminals.
"We are pleased to add Thales Alenia Space as a customer. This agreement once again proves the importance of a proven commercial product backed by professional service. Both Thales and Effnet operate in competitive markets in which customers expect high quality and prompt support services with a long term commitment." says Aniruddha Kulkarni, Managing Director of Effnet AB. "We expect revenue generation from this agreement to start in a couple of years. So with this agreement, we continue to build a portfolio of contracts with recurring revenue streams for Effnet" he concludes.
For further information, please contact:
Aniruddha Kulkarni, Managing Director, Effnet 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 14:00 CET on Oct 25, 2018.
About Effnet AB
Effnet AB is a wholly owned subsidiary of Effnetplattformen AB (publ). Effnet develops its own software products for efficient networking and licenses them to companies all over the world. The Effnet 4G/5G protocol stack is licensed to chipset and product vendors for use in mobile terminals including cellular IoT devices, phones, dongles and access points, base-stations (from small cell to C-RAN), test systems, integrated Wi-Fi and cellular access points and vehicle-to-everything communication devices. Effnet is a world leader in the area of IP Header Compression and its IP header compression products are licensed to chipset and product vendors for use in fixed, mobile and satellite networks. For more information about Effnet and more information about its products and services for 4G/5G protocol stack and IP header compression, please visit www.effnet.com.
About Effnetplattformen AB (publ)
Effnetplattformen AB (publ), reg.no. 559085-5721, 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 Eminova Fondkommission AB (www.eminova.se). For further information about Effnetplattformen AB (publ) please visit www.effnetplattformen.se.