Effnet licenses its Header Compression technology
Effnet AB, a leading provider of header compression software for wireless and fixed networks, today announced that it has licensed its header compression technology to a global leader within the test and measurement systems market. Effnet's Header Compression product portfolio will be integrated into the customers test systems for cellular networks based on HSPA, HSPA+ and LTE technologies.
"We are pleased to enter into this collaboration with a global leader within test and measurement systems. This license is another step in building a portfolio of agreements with a potential to generate recurring revenue streams for Effnet. Effnet has long experience and expertise in header compression technology standardization and development. We have a strong team to develop and deliver new products on demanding timelines as well as to provide long term support. Our long list of reference customers reflects the high quality of our products and services. These attributes proved crucial in winning this agreement." says Joakim Enerstam, Managing Director, Effnet AB.
There are currently 147 million subscribers globally connecting to Internet using Mobile Broadband based on HSPA technology. The data traffic and subscriber numbers are growing rapidly on these networks. Many leading operators all over the world have decided to roll-out LTE networks in the near future. The LTE vendor community is working hard to bring their products to market as soon as possible. Effnet's header compression technology will help operators use the bandwidth efficiently, provide users a better service experience and enable vendors to bring their products to market sooner.
For further information, please contact: Joakim Enerstam, Managing Director, Effnet AB, +46 70 341 56 15, email@example.com
About Effnet AB and Effnet Holding AB (publ)
Effnet AB, a wholly owned subsidiary of Effnet Holding 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 Header Compression please visit www.effnet.com. Effnet Holding AB (publ) is traded on First North NASDAQ OMX, under the ticker EFFN and its certified adviser is Remium (www.remium.com). For further information about Effnet Holding AB (publ) please visit: www.effnetholding.se.