Contract Win

RNS Number : 6816U
BATM Advanced Communications Ld
19 May 2008
 



BATM Advanced Communications

 

Contract to Supply Access Platforms for 4G Deployment in USA

 


BATM Advanced Communications Limited ('BATM' or the 'Company'), (LSE: BVC), a leading designer and producer of broadband data and telecom systems, is pleased to announce that it has completed a series of rigorous trials over the past year and received its first orders to provide the Carrier Ethernet Access Platforms for a major 4G project in the USA. The project is the first of its kind in the USA.


Whilst the initial value of the order is expected to be several hundreds of thousands of US dollars, the Company expects these orders to grow significantly as the project evolves. The award also provides confidence for similar trials, currently underway in other geographical areas.


BATM is holding its Annual General Meeting on Monday 16th June, when the Company will provide an update on its trading for the current year. 


Dr Zvi Marom, Chief Executive of BATM, commented:

'4G is clearly the next step in the evolution of the telecoms industry. We believe that this is the first project of its kind, anywhere in the world, and our involvement is further evidence of the quality of our technology.'



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Enquiries:

 

BATM Advanced Communications

+972 9866 2525

Dr Zvi Marom, Chief Executive   

 

 

 

Threadneedle Communications

020 7936 9606

Josh Royston / Graham Herring


Kaupthing Singer & Friedlander


Nicholas How / Marc Young

020 3205 7620



Shore Capital


Graham Shore

020 7408 4090




About BATM Advanced Communications


BATM is a world leader in the design and supply of IP packet-based systems such as high-capacity, self-routing switches with extensive QoS capabilities. For more information, visit the BATM Advanced Communications web site at www.batm.com 


Telco Systems is a wholly owned subsidiary of BATM Advanced Communications Based in FoxboroMassachusetts; the company provides industry-leading networking solutions to the carrier and enterprise markets. Telco Systems' focus is to maximize the power of customers' networks by integrating transport, access, and packet technologies onto industry-leading platforms, therefore fully meeting today's and tomorrow's network requirements. For more information, visit the Telco Systems web site at www.telco.com 



This information is provided by RNS
The company news service from the London Stock Exchange
 
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