Effnetplattformen AB
Regulatoriskt Pressmeddelande

Effnet licenses its header compression technology to ASR Microelectronics

Luleå, 2017-05-12 -- 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 ASR Microelectronics, a Shanghai based semiconductor design company focused on mobile intelligent communication terminals (2G/3G/4G), Internet of things, navigation and other consumer electronics platforms.

The cellular communications technologies and markets have been evolving at a very high pace. The market has grown rapidly in terms of number of users, applications and data consumption. Effnet's solutions continue to add a significant value to our customer's products, bring efficiency to operator's services and enrich user experience. The sheer size of the market has always attracted entrepreneurs to offer their unique value and differentiation or to fulfill the needs of the rapidly growing market. ASR is bringing together their long industry experience and valuable local business knowledge to offer various solutions. 

"We are pleased to add ASR Microelectronics as a customer. We are also proud to expand our customer base in one of the most important telecom markets in the world, China. It showcases our ability to work with our customers across distant time zones, understand their technical and business requirements and deliver high quality products and services." 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 08:33 CET on May 12, 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.