DALLAS, Oct. 19, 2021 /PRNewswire/ -- COMSovereign
Holding Corp. (NASDAQ: COMS) ("COMSovereign" or the "Company"), a
U.S.-based developer of 4G LTE Advanced and 5G Communication
Systems and Solutions and Total Network Solutions ("TNS"), a
developer of the next generation of blockchain technology solutions
today announced initial progress on their collaboration for
protecting the nation's telecommunications infrastructure,
supporting the Executive Order on Improving the Nation's
Cybersecurity. It also aligns with the goals proposed by the
Telecommunications Industry Association (TIA) in their Information
and Communications Technology (ICT) Supply Chain Security 9001
standards development program.
Under the collaboration, COMSovereign is working with the TNS
project engineering team to explore how blockchain technology could
enhance wireless network security. The companies will develop and
incorporate advanced multifactor authentication, eSIM, and a
tokenized Mobile Equipment Identifier (MEID), called the Enhanced
MEID (E-MEID), to record network security data on a blockchain.
Globally administered by the TIA, MEIDs typically show the
manufacturer code and the equipment serial number and are
permanently affixed to the device and used to facilitate mobile
equipment identification and tracking. In this pilot program,
COMSovereign has begun integration and real-world/Over-the-Air
("OTA") testing of new authentication hardware and software
incorporated into several 4G LTE and 5G wireless network systems,
including base stations and access radios. Further testing is
ongoing to define and establish performance benchmarks for the new
ICT Supply Chain Security 9001 standard. TIA expects to publish the
findings from this and other related programs in 2022. Information
on the Enhanced Mobile Equipment Identifier (E-MEID) and how it can
be used to improve ICT Supply Chain Security can be found in a
three-part series at the TIA website at
https://tiaonline.org/blockchain-for-ict-supply-chain-security-part-1/
and COMSovereign's involvement at
https://tiaonline.org/blockchain-for-ict-supply-chain-security-part-3/.
"Supply chain security and integrity is a critical element of a
comprehensive approach to 5G and all ICT (information and
communications technology), which COMSovereign has long embraced as
a trusted U.S.-based manufacturer of critical wireless
infrastructure. We can fundamentally improve network security by
incorporating blockchain technology into the network for device
verification. This is critical to information assurance, and it is
why we are so excited to work with the TNS on this important
project," said Dr. Dustin McIntire,
Chief Technology Officer of COMSovereign. "As an organization, we
firmly believe that ensuring the security of forthcoming 5G and
beyond networks is of paramount importance. We applaud the TIA's
efforts to create and implement new standards, fulfilling its
responsibility to both its members and the industry at large."
Kevin L. Jackson, TNS Senior Vice
President, adds, "The security of the global telecommunications
network depends on the safety of its supply chain. We are honored
to have the opportunity to collaborate with a global
telecommunications leader like COMSovereign."
By creating a globally unique digital token that can represent
any associated physical element of a wireless network, a tokenized
or Enhanced MEID will enable a new, secure, tamper-proof way to
document, track and authenticate any wireless device. By being
recorded on a shared digital ledger or blockchain, E-MEID data is
cryptographically protected and immutable, meaning it cannot be
changed without consensus agreement by all participating parties.
Blockchain's most famous use case is in the financial industry, the
foundational technology behind Bitcoin. The shared digital ledger
concept can apply to any use case where two or more parties
maintain verified and auditable transaction records. The
transaction records support the protection and provenance of data
held by smartphones, a most personal piece of mobile station
equipment. This capability will become critically important as
mobile devices expand use in e-commerce, banking, and finance and
as a source of authenticated personal identification such as a
digital driver's license.
About COMSovereign Holding Corp.
COMSovereign Holding
Corp. (Nasdaq: COMS) has assembled a portfolio of communications
technology companies that enhance connectivity across the entire
network. By combining strategic acquisitions with organic research
and development efforts, COMSovereign has built a U.S.-based
communications solution provider able to deliver end-to-end 4G LTE
Advanced and 5G-NR telecom solutions to network operators,
enterprises, and governments. For more information about
COMSovereign, please visit www.COMSovereign.com.
About Total Network Services
TNS brands interconnect
to form an end-to-end solution for most blockchain applications.
Digital Names converts the 30-50 character complex wallet public
key into a Human-Readable, Easy-to-Remember format, doing for
e-wallets sending or receiving any cryptocurrency what Domain Names
did for the scale-up of websites on the internet. Our global data
network provides the tools to create and manage dedicated clouds,
with the ability to host many virtual private servers and online
devices.
TIA does not endorse COMSovereign, TNS, or the solutions they
propose. TIA is technology and vendor-neutral. TIA manages the
MEID, and the "enhanced" aspects proposed by TNS are products and
services that utilize the MEID but are not standardized by TIA
engineering committees nor approved or marketed by TIA.
Forward-Looking Statements
Certain statements in this
press release that are not historical facts are forward-looking
statements that reflect management's current expectations,
assumptions, and estimates of future performance and economic
conditions, and involve risks and uncertainties that could cause
actual results to differ materially from those anticipated by the
statements made herein. Forward-looking statements are generally
identifiable by the use of forward-looking terminology such as
"believe," "expects," "may," "looks to," "will," "should," "plan,"
"intend," "on condition," "target," "see," "potential,"
"estimates," "preliminary," or "anticipates" or the negative
thereof or comparable terminology, or by discussion of strategy or
goals or other future events, circumstances, or effects. Moreover,
forward-looking statements in this release include, but are not
limited to, the impact of the current COVID-19 pandemic, which may
limit access to the Company's facilities, customers, management,
support staff, and professional advisors, and to develop and
deliver advanced voice and data communications systems, demand for
the Company's products and services, the availability of parts and
components for the manufacture of products, economic conditions in
the U.S. and worldwide, and the Company's ability to recruit and
retain management, technical, and sales personnel. Further
information relating to factors that may impact the Company's
results and forward-looking statements are disclosed in the
Company's filings with the SEC. The forward-looking statements
contained in this press release are made as of the date of this
press release, and the Company disclaims any intention or
obligation, other than imposed by law, to update or revise any
forward-looking statements, whether as a result of new information,
future events, or otherwise.
Investor Relations for COMSovereign Holding Corp.:
Steve Gersten, Director of
Investor Relations
COMSovereign Holding Corp.
813-334-9745
investors@comsovereign.com
External Investor Relations:
Chris Tyson, Executive Vice
President
MZ Group - MZ North America
949-491-8235
COMS@mzgroup.us
www.mzgroup.us
and
Media Relations for COMSovereign Holding Corp.:
Michael Glickman
MWGCO, Inc.
917-397-2272
mike@mwgco.net
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