Agreement with Nokia Worth US$2m

BATM Advanced Communications Ld 14 April 2000 BATM Advanced Communications Limited ('BATM') Agreement with Nokia Corporation ('Nokia') BATM and Nokia announce that they have agreed that Nokia will integrate BATM's IP switching products into its own telecom products. The initial contract to supply BATM's IP products is valued at US$2 million. Prototype models are due to be made available by Summer 2000. Commenting on the agreement, Dr Zvi Marom, Chief Executive of BATM said: 'We are proud and honoured to work with a market leader like Nokia and believe that IP will be the leading trend in mobile telephony. We believe that this partnership can lead to better services and customer satisfaction and can be extended in future. Partnering with Nokia continues our strategy of co-operation with market leaders.' Further enquiries: BATM (www.batm.com) Zvi Marom, Chief Executive 00 972 3 938 6888 Ofer Bar-Ner, Chief Financial Officer Ludgate Communications 020 7253 2252 Edward Macquisten
UK 100

Latest directors dealings