Re Agreement

BATM Advanced Communications Ld 26 September 2000 BATM Advanced Communications Ltd ('BATM') First Major Order for VDSL Equipment BATM is pleased to announce that, following a successful trial, the Company has entered into a purchase agreement for its VDSL products with a provider of telecom services in South East Asia. The agreement includes a commitment to purchase a minimum of $17.5m in the first 12 months. BATM expects to ship the equipment mainly in 2001. This agreement is the first major one for VDSL equipment BATM has received since several telecom operators ordered trial quantities of this equipment, in some cases at the end of 1999 and in others during 2000. Other operators continue to trial the equipment. Dr Zvi Marom, Chief Executive of BATM, said: 'This agreement is another successful milestone in implementing our strategy of becoming a leading provider of IP broadband platforms not only for access using fibre but also in leading edge technologies for copper connections. Our solution of delivering packet communications over VDSL is starting to gain recognition and acceptance in the market. We are optimistic about seeing our solution, which we believe is potentially a leading one, implemented by more customers.' Enquiries: BATM 00 972 3938 6886 Dr Zvi Marom, Chief Executive Officer Ofer Bar-Ner, Finance Director Dresdner Kleinwort Benson 020 7623 8000 Mark Smith Shore Capital and Corporate Limited 020 7408 4090 Graham Shore Golin/Harris Ludgate Edward Macquisten 020 7216 4448
UK 100

Latest directors dealings