Contract to develop & supply

RNS Number : 1830E

BATM Advanced Communications Ld

16 December 2009

 



BATM Advanced Communications Limited ("BATM" or the "Company")

Contract to develop and supply military communication equipment

BATM (LSE: BVC), a leading designer and producer of broadband data and telecom systems, is delighted to announce that after four years of rigorous testing, it has received an order from a prominent defence force. The contract is for the development and supply of a modified version of the Company's new generation of secure, high speed access platform. 

BATM will be the sole supplier of such platforms to this customer.

The contract is valued at approximately USD 5 million for the years 2010-2011, however, it is expected that additional equipment orders will follow the initial deployment. The Company also expects the order to become an important reference for other defence forces.

Dr. Zvi Marom, Chief Executive of BATM, commented: 

"This customer's decision to use BATM's products, after a period of rigorous testing, is yet further proof of the technology leadership that BATM has increasingly demonstrated in the last few years. Military communications, by their very nature, need to be the best of breed and we are confident that this contract will pave the way for future opportunities for BATM, from both military and homeland security customers."

Enquiries:

BATM Advanced Communication Limited	[phone]
Dr Zvi Marom, Chief Executive
Threadneedle Communications	020 7653 9850
Josh Royston / Graham Herring
Singer Capital Markets Ltd	020 3205 7500
Nicholas How
Shore Capital	020 7408 4090
Graham Shore

 

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