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Monday, 4 September 2017

Effnet licenses its header compression technology for WAN optimization

Effnetplattformen AB (publ)    

Published: 08:00 CEST 04-09-2017 /GlobeNewswire /Source: Effnetplattformen AB (publ) / : EFFP /ISIN: SE0009522451

Effnet licenses its header compression technology for WAN optimization

Luleå, 2017-09-04 -- 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 a company that specializes in WAN optimization of wireless links.

As more and more users are getting online, the demand for bandwidth is growing exponentially all across the world. The mobile wireless networks are reaching out to the users in both urban and rural areas. The satellite and microwave networks are proving to be competitive solutions to reach out to the users in remote areas as well as to serve as the connectivity or backhaul for mobile wireless networks. These wireless networks experience high latency and high bit error rates. It is essential to optimize these links for performance and efficiency and header compression is one of the important tools to achieve that.

"WAN optimization is a growing market. It is important to use the radio resources efficiently and deliver a better user experience. Wireless links are a challenging environment which requires complex but efficient solutions. Effnet's header compression solution excels in delivering high compression efficiency using only a small amount of memory and CPU cycles, very important characteristics when operating on high data and packet rate links." says Aniruddha Kulkarni, Managing Director of Effnet AB. "This agreement is another step in building a portfolio of contracts with recurring revenue streams for Effnet," he concludes.


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 08:00 CET on September 4, 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), 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 Remium Nordic AB (www.remium.com). For further information about Effnetplattformen AB (publ) please visit www.effnetplattformen.se.





This announcement is distributed by Nasdaq Corporate Solutions (One Liberty Plaza, 165 Broadway, New York, NY 10006. Tel: +1 212 401 8700. www.nasdaqomx.com) on behalf of NASDAQ OMX Corporate Solutions clients. Source: Effnetplattformen AB (publ), Stationsgatan 69, Luleå 972 34, Sweden
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