Licensing Agreement

RNS Number : 5783K

BATM Advanced Communications Ld

22 April 2010

 



BATM Advanced Communications Limited

("BATM" or the "Company")

Licensing Agreement with Leading Semi-Conductor Manufacturer

BATM (LSE: BVC), a leading designer and producer of broadband data and telecom systems, is delighted to announce that it has signed an agreement with a leading semi-conductor manufacturer to license some of its mobile backhaul technology.

Revenues from the licensing will begin in mid 2011 and are initially expected to be in the region of several US$ million.

This technology will be incorporated into the manufacturer's chipsets and therefore be available to all of the providers of cellular infrastructure. This provides BATM with access to several potential new clients and will lead to sales opportunities for both hardware and complementary software packages.

BATM recently unveiled even faster technology for cellular backhaul, which is currently being trialed with select customers.

Dr Zvi Marom, Chief Executive, of BATM commented:

"Our leading cellular backhaul technology offers best in class solutions for many of the problems created by the increased need for additional bandwidth. This licensing deal enables us to embed our products deeper within the network and exposes us to a greater volume and variety of customers. We are confident that it will pave the way for further similar deals."

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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