StockMarketWire.com - Data processing solutions company Ethernity Networks said it had won a $400,000 contract with a global wireless manufacturer based in Europe to supply its system-on-chip with support for carrier ethernet switching, wireless bonding and IPSec security.

The ENET 4840, a customised version of the device that is used within the UEP-20 universal edge platform product design, would also be supplied to the OEM for manufacturing.

The initial committed order within the contract was worth approximately $400,000, with the majority of the revenue accruing in 2022 and with additional orders anticipated.




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